The ICAI Doha Chapter recently organised a high-impact technical session titled ‘Decoding 2026 Union Budget’, drawing participation from over 130 members and guests.
Chapter chairperson Arun Somanath welcomed the gathering and outlined upcoming initiatives. This was followed by a detailed budget analysis session, graced by chief guest, Sandeep Kumar, deputy chief of Mission at the Indian embassy in Doha.
Kumar shared his perspective on the broader economic vision of India. In his address, he emphasised that the 2026 Union Budget is a strategic roadmap and described it as a stepping stone toward achieving the vision of ‘Vikshit Bharat’ by 2047, underscoring the government’s long-term developmental priorities.
ICAI past president R Bupathy’s keynote address provided a comprehensive analysis of the fiscal framework, revenue trends, and structural reforms embedded in the budget. He highlighted a significant milestone in India’s taxation landscape, stating that direct tax collections have now surpassed indirect tax collections.
He noted that this is a healthy and positive indicator for a developing economy like India. Such a trend reflects improved compliance, widening tax base, and strengthening economic fundamentals, he also said.
Chapter vice-chairperson Dewaki Nandan Tibrewal thanked all sponsors and members for their continuous support, which helps in reinforcing the chapter’s continued commitment to professional excellence and knowledge enhancement.
