11 Feb 2022

Do you have clients with business in India? MGI Worldwide CPAAI member firms provide key insights into the India Union Budget 2022

MGI Worldwide CPAAI accountancy network members in India share key insights into the India Union Budget 2022

India’s Finance Minister presented the 2022 Budget on 1 February, aimed at giving a massive push to infrastructure spending that aims to enhance job creation and boost economic activity.

The government projected India's GDP growth at 9.27%, the highest among the world’s major economies. This means India is in a strong position to overcome any future challenges.

25-year roadmap

With the next 25 years leading up to India’s 100-years of independence, this budget presents a roadmap for the economy which is focused on four key pillars of development:

1. inclusive development
2. productivity enhancement
3. energy transition
4. and climate action

Our members in India have prepared various publications to share the key takeaways from the economy, policy, and tax announcements made in the Budget speech.

Click on the links below to access:

Our thanks to our members

Bagaria & Co, Mumbai; C.R. Sharedalal & Co., Gujarat; Gopal Chopra & Associates, New Delhi; Kamdar Desai & Patel, Mumbai, SBS and Company LLP, Hyderabad.

For further information please contact Audrey Danasamy, Regional Director for the Asia Region [email protected].

MGI Worldwide with CPAAI, is a top 20 ranked global accounting network and association with almost 9,000 professionals, accountants and tax experts in some 400 locations in over 100 countries around the world.