Topics In Demand
Notification
New

No notification found.

Nasscom's Pre-Budget Memorandum 2024-25
Nasscom's Pre-Budget Memorandum 2024-25

December 28, 2023

430

0

Based on feedback from the Industry, we have submitted a detailed memorandum of suggestions for the Union Budget 2024-25 to Ministry of Finance (MoF).

Given that the Budget on February 1, 2024 will be an interim budget, our suggestions do not contain policy level recommendations, except one – enabling direct listing in India of foreign incorporated Indian origin start-ups with India as a key market. There are many such start-ups which got incorporated abroad but now would like to consider listing in India without taking on a huge cost in the present scheme of things.

The focus of our suggestions is on:

  1. Ease of doing business under corporate taxes
  1. Reducing compliance burden and providing tax certainty
  2. Effective management of tax litigation
  1. Ease of doing business under Transfer Pricing

Our Pre-Budget Memorandum 2024-25 is attached for your reference. In case of any query, please write to tejasvi@nasscom.in


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Download Attachment

202312_PreBudgetMemorandum2024-25_nasscomsubm.pdf

Tejasvi

© Copyright nasscom. All Rights Reserved.