Rohan Shah, Rohit Jain and Divya Jeswant outline the key developments, their implications and action points for in-house counsel
The 2015-16 budget was expected to be a landmark event and finance minister Arun Jaitley announced several far-reaching policy amendments during his speech on 28 February. The manner in which these will be administered and implemented over the next four years will determine the quality and impact of this budget.
This article is written from the perspective of the impact that this budget will have on companies, and highlights the decisions that will confront general counsel and the steps they should take as a result of the budget.
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Rohan Shah is the managing partner and head of the tax practice at Economic Laws Practice. Rohit Jain is a partner and Divya Jeswant is an associate manager at the firm. This article is intended for informational purposes only and does not constitute legal opinion or advice. Readers are requested to seek formal legal advice prior to acting on any of the information provided.