https://www.taxtmi.com/news?id=47722 Congress nullified a presidential decree increasing a tax on certain financial transactions, exercising legislative oversight to annul an executive fiscal measure enacted by decree. The votes in both chambers indicate weakened executive support and produce immediate fiscal choices for the government: pursue judicial review, identify alternative revenues, or effect budgetary cuts. The event underscores the constraint on decree-based tax changes where legislative repeal and budget control intersect. en-us Thu, 26 Jun 2025 23:01:03 +0530 Thu, 26 Jun 2025 23:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47722 Congress nullified a presidential decree increasing a tax on certain financial transactions, exercising legislative oversight to annul an executive fiscal measure enacted by decree. The votes in both chambers indicate weakened executive support and produce immediate fiscal choices for the government: pursue judicial review, identify alternative revenues, or effect budgetary cuts. The event underscores the constraint on decree-based tax changes where legislative repeal and budget control intersect. News - Thu, 26 Jun 2025 23:01:03 +0530 https://www.taxtmi.com/news?id=47722