Mumbai Event report
Webinar | IFCCI x BMR Legal | India’s Economic outlook ahead of the Union Budget 2026
IFCCI in association with BMR Legal Advocates organised a webinar on India’s Economic outlook ahead of the Union Budget 2026 on 29th January 2026
This session focused on developments shaping India’s trade and customs landscape ahead of the Union Budget 2026, with a focus on Indo-French economic engagement.
Mr. Mukesh Butani, Founder & Managing Partner, BMR Legal Advocates commenced this discussion by sharing his insights on:
- Macro-level perspective on India’s economic direction ahead of the Union Budget 2026, emphasising policy continuity and long-term fiscal strategy.
- The government’s focus on balancing growth with fiscal discipline, especially in the context of global economic uncertainty.
- The evolving tax policy framework, stressing the importance of certainty, stability, and investor confidence for multinational businesses.
- India’s global positioning, particularly in light of recent trade developments and India’s growing role in global supply chains.
Mr. Shankey Agrawal, Partner, BMR Legal Advocates then presented his strategic perspectives on:
- Tax litigation and regulatory challenges faced by businesses.
- Expectations from the Budget on customs duties, trade facilitation, and compliance simplification.
- The increasing importance of non-tariff barriers, sustainability-linked regulations, and carbon-related measures in trade and taxation.
- Cross-border tax and foreign exchange considerations, underscoring areas where policy clarity would significantly benefit businesses.
The webinar concluded with an engaging Q&A session, where the speakers addressed questions from the audience, followed by closing remarks from IFCCI. We thank all attendees for their participation.


