Re: NICCT and EY Netherlands invitation: Indian Economy: Modi 3.0's Budget 2025
India continues to outperform major economies, with a projected growth of 7% to 7.2% in FY25, spurred by strong fundamental growth drivers. At same time, considering the geopolitical environment and growing consumer demand in India, European MNEs are increasingly focused to invest in India.
From Indian government perspective, as a continued reflection of the Budget 2.0 of 2024, the Budget 2025 is expected to reaffirm the Indian government’s pursuit of making India ‘Vikshit Bharat’ i.e., ‘a developed India’ by 2047. This includes introducing various measures such as making manufacturing in India more competitive through focus on production, introducing production linked incentive schemes for key industries, promoting ease of doing business, rationalization of income-tax law, fostering innovation and sustainability. All these measures are crucial to achieve India’s goal of sustaining long-term economic growth above 6% and to repose India’s position as a formidable economic force to reckon with for global businesses.
In this context, we are delighted to invite the members of NICCT to a special live seminar on the India Budget 2025, organized by NICCT and EY. The program will take place on Thursday 6 March 2025, from 15:00 to 18:30hrs CET at EY Amsterdam (Antonio Vivaldistraat 150, 1083 HP AMSTERDAM). This seminar will feature expert insights from Amit Jain, EY Leader Global Desk EMEIA and India Desk and Erwin Sieders, Tax Partner, EY Netherlands.
Highlights of the Seminar:
- Summary of the India Budget 2025
- Incentives for new investments
- Opportunities for businesses
The program provides a comprehensive overview of the India Union Budget 2025, with a focus on its relevance to businesses engaging with India, and highlights new opportunities emerging from recent tax and regulatory reforms.
Program schedule
15:00-15:30 Registration, Meet & Greet
15:30-15:35 Welcome & Opening by Edith Nordmann (Chairman - NICCT)
15:35-15:40 Welcome by Erwin Sieders (Partner International Tax – EY Netherlands) (Moderator)
15:40-15:50 Address by Embassy of India to The Netherlands) (TBC)
15:50-16:10 Presentation by Amit Jain (Tax Desk Network EMEIA Leader – EY LLP London)
16:10-16:30 Panel Discussion with Industry Representatives & EY Netherlands
16:30-16:35 Closing Remarks by Erwin Sieders
16:35-17:30 Informal Networking
This session offers a unique opportunity to engage with distinguished tax and economic experts and ask questions tailored to your business needs.
Register by February 27, 2025 at seminars@nicct.nl.
We look forward to welcoming you on Thursday, March 6, 2025, in Amsterdam for this insightful and interactive seminar.
