Brief
The Union Budget 2025, presented on 1st
February, has introduced significant changes in tax compliance that are crucial for
businesses. These reforms will directly impact strategic planning and financial
management, influencing current business operations.
From updates in corporate taxation to shifts in GST regulations, this webinar will delve
deeper into these developments, providing you with the knowledge and strategies needed
to navigate the new tax landscape effectively.
Key Highlights from the Union Budget 2025 :
- Auto-Generation of GSTR-2B : GSTR-2B may no longer be entirely system-generated. Businesses now might need to validate and reconcile invoices and ITC through Invoice Management System (IMS) rather than relying solely on system-generated data.
- Customs Duty Adjustments : The budget proposes reductions in customs duties for specific sectors to promote domestic manufacturing and exports.
- Revised Income Tax Slabs: The new tax regime exempts incomes up to ₹12 lakh from taxation.
Businesses should stay
informed about these Budget 2025 proposals and adapt to the evolving tax environment.
Featuring an interactive Q&A session, this webinar provides tailored solutions to help
you confidently adapt to the budget’s outcomes.
Don’t miss this opportunity to prepare for the upcoming financial year. Join us on
6th February 2025 and get the insights needed to stay ahead.
Pointers :
- Indirect Tax Updates : Stay updated on the latest adjustments in Customs and GST regulations, including reductions in customs duties for specific sectors. Learn how these changes impact compliance and sector-specific incentives.
- Direct Tax Reforms : Gain insights into the revised income tax slabs, including the exemption for incomes up to ₹12 lakh and the reduced tax burden. Understand how these changes impact corporate tax planning and personal tax strategies.
- Strategic Financial Planning : Adapt your budgeting and forecasting processes to integrate the new tax structure, leveraging incentives and tax benefits to ensure financial agility and compliance in FY 2025-26.
- Risk Management : Identify potential financial risks stemming from these tax changes and discover actionable strategies to mitigate their impact on your business operations
- Interactive Q&A Session : Engage with our experts, to clarify your queries and gain personalised insights on navigating the evolving tax landscape effectively.
Thought Leader :
Shrenik Shah
Tax ExpertClear Tax
Speaker Bio :
Shrenik Shah is a seasoned tax professional and business strategist based in Mumbai, Maharashtra, India. With over a decade of experience in taxation, audits, and business development, Shrenik has honed his expertise in direct and indirect taxes, particularly in GST advisory and compliance. He currently serves as a Senior Manager in Presales at Clear, where he focuses on strategic planning and business development.