Parliament approves Finance Bill 2025, completes Budget FY26 exercise

Quick Summary:

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.

The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.

Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.

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Category: BusinessFinance

Markets: India

Topics: Lok Sabha Budget 2025 Budget FY26 exercise Parliament approves Finance Bill 2025 Rajya Sabha

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 19:50:28 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 538 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27370036

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