Consulate General of India

Press Release

Discussion on “Decoding India 2026—Economic Outlook, Budgetary Changes & NRI Taxation”

Press Release

Consulate General of India, Hong Kong & Macau SARs Hosts Discussion on “Decoding India 2026—Economic Outlook, Budgetary Changes & NRI Taxation”

22 April, 2026

            The Consulate General of India, Hong Kong & Macau SARs organized a discussion on “Decoding India 2026—Economic Outlook, Budgetary Changes & NRI Taxation” on 22 April 2026 at the Consulate’s Auditorium.

  1. The programme brought together members of the Indian community, professionals and other stakeholders for an exchange of views on India’s economic outlook, budgetary developments and matters relating to NRI taxation.
  2. The session featured online addresses by Dr Saumya Kanti Ghosh, Member, 15th Finance Commission and Group Chief Economic Adviser, State Bank of India, Ms Sudha Koka, Member (Tech), GSTAT and an interactive-person interactive session by CA Ajay Vaswani on issues relating to NRI taxation while Consul General Rajesh Naik delivered opening remarks.
  3. The speakers shared perspectives on India’s macroeconomic outlook, the policy orientation reflected in the Union Budget, and recent developments relevant to taxation and compliance for overseas Indians.
  4. The Union Budget 2026 underlined priority areas including scaling up infrastructure, supporting MSMEs, promoting employment and skilling, and advancing innovation and digital transformation, while reaffirming the Government’s emphasis on sustained growth and fiscal prudence.
  5. The discussion was useful in enhancing awareness of contemporary economic and tax-related issues affecting the Indian diaspora and in fostering informed engagement with India’s evolving policy landscape.

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