Budget Symposium 2018 : Analysis of Union Budget 2018

Posted By Dr. R Raman

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The Research and Scholastic Development Team (RSDT) of SIBM Pune organized ‘Budget Symposium – Union Budget 2018’ on 17th February 2018 to acquaint the students about the trajectory set by the Union Budget.
SIBM Pune hosted many reverent personalities from the industry to share their vision and solutions for the contemporary economic scenario. The session began with the keynote speech by Dr. Soumya Kanti Ghosh, Group Chief Economic, State Bank Of India who shared his insights and facts related to the budget with respect to Tax Revenue, Govt. borrowings, Tax Proposals, Disinvestment Target, Expenditure, and Fiscal Policy stance. His talk mentioned benefits of MSP and its impact on various states of the country.
A panel discussion comprising of eminent personalities from the finance, corporate, academia and public sectors were invited as panellists for the occasion.
The esteemed guests were –
Mr. Aashish Chandorkar, VP and India Head, Capgemini Consulting
Mr. Sandip Garg, IRS (Batch 1992), Commissioner of Income Tax
Mr. Navneet Kothari, Director, Tax & Regulatory, PwC India
Ms. Bhusana Karandikar, Agro Economist and Dy. Comm of Sales Tax (Ex), Govt. of Maharashtra
Mr. Ajaya Sharma, Head, Research- Markets and Anchor, ET NOW moderated the session.
The panel discussion included rural aspects of the Budget and its effective implementation plan considering the future aspects of the nation’s growth along with MSMEs being at the forefront in the country. The discussion took into account the increase in taxpayers in the country and analysed the current scenario from a corporate level. The panellists considered union budget innovative, pragmatic and market oriented.
The Question and Answer Round conducted for the students towards the end, brought in various other aspects such as Long Term Capital Gains, LTCG implementation and overall summation of the budget. Budget Symposium 2018 was a perspicacious experience for students of SIBM Pune.
Dr R Raman
Director – SIBM Pune