Modern Exchange to hold seminar on India budget today

MUSCAT: India 2016. An eventful year for the Indian economy, the passing of the GST Constitutional Amendment Bill and the demonetization of Rs 1000 and Rs 500 notes in November. Close on its heels, came the big event on February 1, 2017.

Modern Exchange Company (MEC), does it again. A leading player in the money exchange business in Oman, MEC is organising a seminar ‘India budget 2017-18’ at Al Falaj Hotel, Grand Hall, Ruwi today at 6.30pm. Indra Mani Pandey would be the chief guest to attend the occasion, says a press release.

Homi Phiroze Ranina, an eminent legal luminary and chartered accountant, has consented to be the keynote speaker. A Fellow of Institute of Chartered Accountants of India and a trained lawyer, Ranina is an advocate at Supreme Court of India. Ranina has over 30 years’ experience. He is known for his insight and rich expertise in matters related to taxation, finance and corporate management and has served as director of Reserve Bank of India.

He will discuss his experience and thoughts on the overall trends and implications of the Union Budget 2017 that will impact India.

Some of the highlights will focus on the budget aimed at creating a strong base for economic growth, setting up progressive policies and fiscal discipline.

Phillip Koshy, GM, MEC said, “Our objective is to create an opportunity for all our NRIs in Oman to understand the implications of the 2017 Budget and how India is poised to become the world’s fastest growing major economy in 2017, with recent developments, various initiatives, policies and fiscal measures deployed to make India a strong and a formidable nation and India’s attractiveness as the No. 1 investment destination globally. We have invited Homi Ranina, as a key note speaker to share his insights and impact of the Indian Budget 2017.”