CNBC-TV18 and PwC India present 'GST Decoded - 1 Year On'

To mark the completion of the first year under GST act, CNBC-TV18, the business news brand, in association with PwC India, has announced a unique initiative called ‘GST Decoded - 1 Year On’. The intent of the conclave is to analyse and review the critical journey of the implementation of GST over the last year as well as explore the opportunities and challenges that lay ahead. The event will be held on June 28 at Hotel Taj Diplomatic Enclave in New Delhi.

The conclave will welcome notable delegates, bringing together decision-makers and policy architects from the centre, states, leading CEOs, CFOs, top tax consultants, economists and other corporate dignitaries under one roof for a discourse around GST, sharing their in-depth experience, insights and varied perspectives.

On the policy front, the states’ viewpoint will be articulated in a special panel with representation from some of the key state finance ministers and members of the GST Council such as Thomas Isaac, Minister of Finance, Govt. of Kerala, Manpreet Singh Badal, Minister of Finance, Govt. of Punjab, Mauvin Godinho, Panchayat Minister, Govt. of Goa. Dr. Hasmukh Adhia, Union Finance Secretary, will be sharing the perspective of the Union Government on the GST achievements in the past year and the anticipated challenges during the current financial calendar in a special Townhall session.

India Inc will be represented by corporate voices, including Kabir Ahmed Shakir, CFO, Microsoft; Niranjan Gupta, CFO, Hero MotoCorp; Ashok Tyagi, whole-time Director and Board Member, DLF; Nitin Saluja, Founder, Chaayos; Rohan Shah, lawyer and tax expert and Shyamal Mukherjee, Chairman, PwC India.

They will be participating in a thought-provoking panel discussion, addressing how the corporate world, including sectors like software enterprises, automotive real-estate, and hospitality among many others has been impacted since the introduction of GST in India. The panelists will also highlight the advantages along with key challenges faced by the industry professionals during the first year of implementation of GST in the country.

It will be followed by the launch of a special report from PwC India titled ‘365 days of GST: A Historic Journey’ and an address by PwC Indirect Tax Leader, Pratik Jain.

Joy Chakraborthy, CEO Forbes India and President, Revenue, TV18, said, “As the undisputed leaders in the business news space, we at CNBC-TV18 constantly keep our finger on the pulse of the economic policy environment and India Inc's reactions to it. ‘GST Decoded - 1 Year On’ is one such unique initiative focused on gauging the impact of GST rollout – one of the most ambitious fiscal reforms in the recent history of our country.”

Shereen Bhan, Managing Editor, CNBC-TV18, said, “The channel has been the forefront of educating viewers about the GST. We launched the GST Helpline ahead of the July 1 rollout to help India Inc make the transition. Over the past year, through our GST Town halls and Ground reports, we have engaged with key stakeholders with an aim to assess and evaluate the implementation of this much-awaited reform. We have also put the spotlight on the changes needed to make the execution and administration more effective. As we start the journey into year two, we intend to continue our efforts to inform, engage and empower.”

Pratik Jain, Partner and Leader Indirect Tax, PwC, said, “Completion of one year of GST is a good time to reflect what has worked for India Inc and what not.  It's time to understand how businesses are changing on the ground and what industry now expects the government to do so that we are able to realise the real benefits that GST can potentially offer.  Having worked with hundreds of leading corporates in GST transition and now technology-led compliance management, we at PwC are excited to be part of this momentous reform.”

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Preeti Bala

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