Author: Ajay Sethi, Managing Partner
Last year, the dosing line of our foreword was that the growing Indian economy needed only covid to behave. It did. This time we have the Ukraine war. In spite of that, the economy is firing from all cylinders. Given the building stability, the focus was required on infrastructure, foreign investment, and rationalizing regulatory compliances. Article summarizes a synopsis for the India Budget 2023 for recent policy changes and proposals for direct and indirect taxes, impact and economic indicators.