https://www.taxtmi.com/news?id=38495 Passage of the Finance Bill 2025 in the lower house finalises the Lok Sabha's role in the budgetary approval process and sends the amended Bill to the Rajya Sabha; a government amendment abolishes the digital tax on online advertisements and the Bill advances the mechanisms for enacting the Union Budget for 2025-26, which sets proposed totals for expenditure, capital outlay, revenue and borrowing and expands allocations for Centrally Sponsored Schemes, central sector schemes and transfers to states while projecting a narrower fiscal deficit. en-us Tue, 25 Mar 2025 16:01:03 +0530 Tue, 25 Mar 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38495 Passage of the Finance Bill 2025 in the lower house finalises the Lok Sabha's role in the budgetary approval process and sends the amended Bill to the Rajya Sabha; a government amendment abolishes the digital tax on online advertisements and the Bill advances the mechanisms for enacting the Union Budget for 2025-26, which sets proposed totals for expenditure, capital outlay, revenue and borrowing and expands allocations for Centrally Sponsored Schemes, central sector schemes and transfers to states while projecting a narrower fiscal deficit. News - Tue, 25 Mar 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=38495