A panel discussion on Union Budget 2023 was organized by department of MBA, Chandigarh Business School of Administration (CBSA), CGC Landran in association with Confederation of Indian Industry (CII), Chandigarh.
Attended by over 200-plus students including faculty members, the objective of the session was to discuss and analyze key aspects of the Union Budget 2023 and its overall impact on the country’s economic and social growth.The event commenced with lamp lightening ceremony post which, Director Principal, CBSA briefed the audience about the theme of the discussion and its related outcomes.
Eminent panellists gracing the occasion included CA Mr. Vijender Singh, Chair- Entrepreneurship and Innovation Vertical and Member, CII Chandigarh, Mr. Paras Bafna, Chief Financial Officer, Tynor Orthotics Pvt. Ltd., CA Mr. Anil Kakkar, Charirman, Chandigarh Branch, Institute of Charted Accountants of India, CA Mr. Parikshit Aggarwal, Founder partner, M/s Rupesh Parikshit & Associates and Mr. Vineet Jain, Assistant General Manager, Bank of Baroda.
Putting forth their views on the budget, Mr. Bafna highlighted how lucrative tax slabs as prescribed in the Union Budget, will assure more disposable income thereby influencing the investment decisions of the customers.
Adding on to the dialogue, Mr Kakkar said that the budget will harness growth with fiscal prudence while Mr. Aggarwal emphasized that it has substantially reduced tax rates for MSMEs, thus boosting the payment cycle and enhancing the ease of doing business.
Sharing his view on the budget, Mr. Jain, expressed his strong belief in the Union Budget terming it progressive & having a long term vision for economic development by unleashing potential and achieving green growth. Mr. Singh, CII Chandigarh, underscored how the budget empowers youth and focuses on inclusive development.
The panel discussion ended with an open house session where the panellists addressed questions posed to them by the students of CBSA, who evinced keen interest in the outcomes and impact of the budget.