https://www.taxtmi.com/news?id=64900 Parliament authorised the first batch of Supplementary Demands for Grants for FY26, totalling a gross Rs 1.32 lakh crore and a net cash outgo of Rs 41,455.39 crore after Rs 90,812 crore saved by ministries. The package specifically approves Rs 18,525 crore for fertiliser subsidies and about Rs 9,500 crore to offset petroleum under recoveries, with additional allocations for higher education and commerce; the Rajya Sabha returned the demand to the Lok Sabha after debate emphasising fiscal consolidation. en-us Tue, 16 Dec 2025 18:46:03 +0530 Tue, 16 Dec 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64900 Parliament authorised the first batch of Supplementary Demands for Grants for FY26, totalling a gross Rs 1.32 lakh crore and a net cash outgo of Rs 41,455.39 crore after Rs 90,812 crore saved by ministries. The package specifically approves Rs 18,525 crore for fertiliser subsidies and about Rs 9,500 crore to offset petroleum under recoveries, with additional allocations for higher education and commerce; the Rajya Sabha returned the demand to the Lok Sabha after debate emphasising fiscal consolidation. News - Tue, 16 Dec 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=64900