Union Budget 2023: Key Takeaways

Friday, February 03, 2023

9:00 AM - 10:00 AM (IST) / 11:30 AM – 12:30 PM (SGT)

Thursday, February 02, 2023 (USA)

7:30 PM - 8:30 PM (PT) / 10:30 PM - 11:30 PM (ET)



On February 1, the Hon’ble Finance Minister announced the Union Budget, 2023. The Budget hopes to provide a foundation for India@100. From a tax perspective, while there have not been any big ticket changes, the devil lies in the detail.

We cordially invite you to be a part of our webinar on February 03, 2023 where we will discuss the key takeaways and potential impact of the changes announced in the Budget.

  • Online gaming – hit or miss

  • Impact on InvITs / REITs

  • Impact on M&A transactions

  • Bolstering incentives related to GiftCity

  • Improving tax administration and dispute resolution

  • Changes in personal income-tax regime

Flow of the session

9:00 AM - 9:45 AM (IST)

Panel Discussion

9:45 AM - 10:00 AM (IST)



Gowree Gokhale

Head – TMT & IP, Nishith Desai Associates

A practicing lawyer for 24 years, Gowree Gokhale leads the IP, Technology, Media and Entertainment, and data protection law practices of Nishith Desai Associates. She has assisted several international businesses in India entry strategy, corporate and strategic deals, litigation and arbitration in TMT and Pharma sector.

She has spearheaded several policy initiatives for the TMT and Pharma industry including for online content companies, gaming industry, IT industry as also for privacy and data protection laws. She has also been consistently working on high tech industry aspects. She has been named in several legal directories, including in in the Hall of Fame (TMT) in Legal 500.

One of the foremost authorities on IP management and protection strategy, Gowree has been the leading voice on several IP and technology related matters. She has been instrumental in devising IP litigation strategies for clients and has led several IP litigations before several prestigious forums in India.


Parul Jain

Co-head – International Tax Practice, Nishith Desai Associates

Parul co-heads the International Tax Practice at Nishith Desai Associates. A lawyer and a chartered accountant by profession, she has close to two decades of experience in corporate and international tax field and specializes in M&A transactions and Private Equity space. Prior to joining Nishith Desai Associates, she was partner at M&A Tax practice in one of the Big Four accounting firms. She advises extensively on cross border taxation, acquisition and reorganisation strategies including debt funding and investment strategies. She has also worked closely with renowned fund managers in structuring set up of their offshore and domestic fund platforms, including providing advice on carry structuring from a legal and tax perspective. She has been recognized by International Tax Review World Tax 2013 and has also been listed in The Legal500 Directory. She has also been recognized as one of the Leading Women Leaders in Tax 2016, 2017 and 2019 by International Tax Review.


Ashish Sodhani

Leader – International Tax Practice, Nishith Desai Associates

Ashish Sodhani is leader of the International Tax Practice at Nishith Desai Associates. Ashish’s practice areas include cross border tax, corporate structuring and tax litigation. On the industry side he focuses on gaming, IT, education, ed-tech, start-ups. He regularly advises foreign educational institutions on various tax issues such as as AOP, PE etc. He is also has been involved in structuring transactions for foreign universities looking to set up shop in India. He is a regular litigator and is has represented clients before various forum’s including Tribunals, various High Courts and Supreme Court of India in relation to disputes on international tax. He regularly writes articles which are published in international leading publications.


Radhika Parikh

Head – GIFT City, Nishith Desai Associates

Radhika Parikh leads the Nishith Desai Associates GIFT City offices. She is a Member of the Fund Formation practice at Nishith Desai Associates with a strong focus on PE / VC Funds. She has advised both international and domestic clients on legal, regulatory and tax issues, and best practices for fund governance and fund economics. She is also a Member of the International Tax Practice where she specializes in providing tax advice in complex cross border transactions, and works extensively with advising multi-jurisdictional families on both their family and business structures from an estate planning and succession perspective. She is also a Member of the Warranty & Indemnity Insurance Practice, where she specializes in advising offshore insurance companies with their legal underwriting for India-focused transactions.


Afaan Arshad

Leader – International Tax Practice, Nishith Desai Associates

Afaan Arshad is member of the International Tax Group at NDA. He has obtained a bachelor’s degree in law from School of Law, Christ University Bangalore. He specializes in a vast array of issues within the domain of international tax advisory and litigation. Some areas of focus include tax treaty law, indirect transfer tax, Indian GAAR, transfer pricing, cross border transactions, tax indemnities, digital taxation etc. He is also a member of the Warranty & Indemnity Insurance Practice Group at NDA that assists insurance companies with their legal underwriting for India-focused transactions.