The Southern India Regional Council of The Institute of Cost Accountants of India (SIRC of ICMAI) and the All India Tax Payers' Association (AITPA) jointly organized a meeting on Analysis of Union Budget on 1st February 2024 held at VaniMahal, T.Nagar, Chennai.
Dr. CMA. CA. V. Murali, Central Council Member, ICMAI and President, All India Tax Payers’ Association, praised the proposals contained in the budget for prudent and robust fiscal management, strategic sectoral allocations and simplification of the tax regime. Mr.Muralilauded the Hon’ble Finance Minister for laying special emphasis on Infrastructure Development and allocation of funds for Capital Expenditure.
Dr. CA. AbhishekMurali, Former Secretary SIRC of ICAI, stated that the Withdrawal of Old Tax dues introduced this budget is a game changer for many individuals who were affected by it.
CMA.DivyaAbhishek, Chairperson of the SIRC of ICMAI emphasised collective optimism towards India's economic trajectory post-budget and underscored the key role the Hon’ble Prime Minister and Hon’ble Finance Minister in driving India towards becoming a $7 Trillion Dollar Economy.