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India Budget 2024(Interim)
Manage episode 398982893 series 3357507
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Episode #34 India Budget 2024 Ft. Sandeep Garg, Partner SS Kothari Mehta & Company
Welcome back to MSME TALK Podcast with Industry Experts. Subscribe to MSME TALK Newsletter List your Product, Services on MSME TALK
In today’s episode our Expert Sandeep Garg has discussed India’s Interim Budget 2024-25 focusing discussion on key Highlight of Budget, MSMEs, Start-ups, Key Sectors announcements ,Businesses, FDI ,FII, important change done after the previous year budget and important to know.
Sandeep Garg - Partner with SS Kothari Mehta Company, having almost 2 decades of exp in advising MSME & Startups in area of Taxation. SS Kothari Mehta Company is more than 50 yr old Firm.
Hrs:Min:Sec (Time Stamp)
00:00:25- MSME TALK Intro
00:01:06 - Introduction of the interim budget for 2024.
00:01:32 - Introduction of Sandeep Garg
00:02:03 - Congratulations to MSME TALK team for being nominated for Hindustan Times Mint Podcast Award.
00:02:26 - Overview of the interim budget, last budget and focus areas.
00:06:29 - Focus on reforms and building consensus with states and stakeholders. 00:07:05 - Infrastructure, eastern region development, PM Awas Yojana, rooftop solarization, education institutions.
00:09:18 - MSMEs and startups discussion.
00:11:42 - Tax rates, extension of tax benefits for startups, withdrawal of outstanding direct tax demands, and reduction in tax rates for businesses.
00:14:21 - Unregistered suppliers and composition scheme service providers for indirect tax.
00:16:44 - Existing MSME schemes
00:17:00 - Section important sec43B (H)related to MSME payments
00:18:46 - the impact of not making timely payment to MSMEs.
00:19:21 - Sector-specific highlights related to infrastructure, railways, tourism, green energy, and Blue Economy.
00:24:21 – What about COVID-related schemes earlier announced for MSME Sector ? 00:24:53 - Efforts to attract more foreign investment, FDI
00:30:42 - Guiding principles and Closing remarks
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