WTC Jaipur hosts session on GST & Union Budget'17
JAIPUR, INDIA, 24 February- World Trade Centre Jaipur in collaboration with Hotels and Restaurants Association (HRAR) of Rajasthan, (HRAR) invited 75 eminent partakers comprising of hoteliers, media personnel, representatives from construction companies and academician’s to discuss on the Union Budget2017 and GST on 24th February 2107 at hotel Grand Uniara, Jaipur.
The expert panel speakers comprised of Mr. Rajeev Sogani, Senior Partner- R.Sogani & Associates, Prof. Kshama Agarwal, Dept. of EAFM- University of Rajasthan, Mr. Jatin Harjai, Managing Partner & Founder, J. Harjai & Associates.
Mr. Sogani highlighted, the biggest feature of the Union Budget proposals, contained in the Finance Bill 2017, is about restricting cash transactions in the economy. This particular piece of proposed legislation will, in an all pervasive manner, affect the way business is conducted in India. Four major proposed changes in this regard are reducing cash expenses limit, capital expenditure like purchase of machinery, car etc. are also brought within the restriction. Other proposal worth inviting attention is about Real Estate sector, where various amendments in law are proposed to give fillip to this otherwise sagging sector.
On the GST rollout it was discussed that an assured implementation date will enable the medium and small scale enterprises to plan well ahead to suit the new dispensation. A clear road map showcasing stage-by-stage implementation needs to be evolved with total consensus on the Centre-State and its stake-holders.
(In picture) L to R : Mr. Ashish Modi, Asst. Director, WTC Jaipur, Mr. Kuldeep Singh Chandela, HRAR, Mr. Rajeev Sogani, Senior Partner, R.Sogani & Associates, Mr.Abhishek Mishra, Prof. Kshama Agarwal, Dept. of EAFM, University of Rajasthan, Mr. Jatin Harjai, Managing Partner &Founder, J. Harjai & Associates, Mr. Navneet Agarwal, Asst. Director- WTC Jaipur.
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