Delhi Event report

IFCCI Session on 'Union Budget & Income Tax Bill 2025 Unplugged'

IFCCI, in association with KPMG in India organized a virtual Session on 'Union Budget & Income Tax Bill 2025 Unplugged' on 27th February 2025.

Download the event report here
 

The Indo-French Chamber of Commerce & Industry (IFCCI), in collaboration with KPMG in India, hosted an engaging virtual session on "Union Budget & Income Tax Bill 2025 Unplugged: What You Need to Know for Your Business" in February 2025.

The session commenced with welcome remarks by Ms. Aarushi Gautam, Manager – Committees & Events (North), IFCCI, followed by special remarks from Mr. Akash Goyle, Country Manager & Managing Director, Luxottica India, who shared valuable insights on the budget’s industry-wide implications

The theme presentation brought together expert speakers from KPMG in India and BSR & Co. LLP, provided an in-depth analysis of India’s evolving tax and economic landscape including key taxation reforms, corporate tax policies, and sectoral impacts:
Mr. Himanshu Sikka, Director, KPMG in India 
Mr. Prashant Kapoor, Partner, Deal Advisory, M&A & PE Tax Corridor Leader – Europe, KPMG in India 
Mr. Manan Asri, BSR & Co. LLP 
Mr. Nishant Saini, BSR & Co. LLP 

Key takeaways from the session:

  • Simplification of India’s tax code under the Income Tax Bill 2025

  • Corporate taxation updates & compliance strategies

  • Sector-wise implications for FMCG, retail, aerospace, and manufacturing

  • Business strategies to navigate regulatory changes effectively

The interactive session, moderated by Ms. Shiveti Verma, Junior Assistant – Committees & Membership, IFCCI, allowed participants to engage with experts on crucial taxation updates, compliance challenges, and strategic implications for businesses.

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