https://www.taxtmi.com/news?id=54385 A parliamentary confidence vote was invoked to obtain approval for an austerity budget proposing substantial spending cuts and removal of public holidays; opposition parties across the spectrum have pledged to reject the plan, making government survival contingent on last minute negotiations. If the motion fails, the president must either appoint a consensus prime minister acceptable to a divided legislature or dissolve the assembly and call new elections, each option presenting significant political risk amid planned nationwide protests. en-us Tue, 02 Sep 2025 19:16:03 +0530 Tue, 02 Sep 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54385 A parliamentary confidence vote was invoked to obtain approval for an austerity budget proposing substantial spending cuts and removal of public holidays; opposition parties across the spectrum have pledged to reject the plan, making government survival contingent on last minute negotiations. If the motion fails, the president must either appoint a consensus prime minister acceptable to a divided legislature or dissolve the assembly and call new elections, each option presenting significant political risk amid planned nationwide protests. News - Tue, 02 Sep 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=54385