https://www.taxtmi.com/news?id=65635 An emergency draft law temporarily preserves public services and fiscal operations by fixing tax collection, transfers to local authorities and spending at 2025 budget levels to ensure continuity pending a full 2026 budget. Parliament has amended the bill and both chambers are expected to consider it quickly; passage appears likely despite political divisions and a minority government. The measure is provisional, maintains existing budget baselines rather than new policies, and aims to buy time for negotiating a comprehensive budget while the government seeks deficit reduction. en-us Tue, 23 Dec 2025 17:46:04 +0530 Tue, 23 Dec 2025 17:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65635 An emergency draft law temporarily preserves public services and fiscal operations by fixing tax collection, transfers to local authorities and spending at 2025 budget levels to ensure continuity pending a full 2026 budget. Parliament has amended the bill and both chambers are expected to consider it quickly; passage appears likely despite political divisions and a minority government. The measure is provisional, maintains existing budget baselines rather than new policies, and aims to buy time for negotiating a comprehensive budget while the government seeks deficit reduction. News - Tue, 23 Dec 2025 17:46:04 +0530 https://www.taxtmi.com/news?id=65635