Finance Bill 2025: Key Amendments, Budget Overview and Economic Impact

Rashmi | Last updated: 27 March 2025

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The Finance Bill 2025 has been passed by the Lok Sabha, incorporating significant amendments including the abolition of the 6% digital tax on online advertisements. This move aims to simplify compliance and boost the digital economy. The Union Budget for 2025-26 outlines substantial expenditure, with increased allocations for capital investment, centrally sponsored schemes, and resource transfers to states, all while revising the fiscal deficit target to 4.4% of GDP.

The Lok Sabha passed the Finance Bill 2025 on March 25, 2025, incorporating 35 government amendments. This marks a crucial step in the Budget approval process for the fiscal year 2025-26. The Bill now moves to the Rajya Sabha for final approval, after which the Budget process will be formally conclu

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About the Author

Rashmi

business

I am a Chartered Accountant with over 2 decades of experience in Auditing, Taxation, Accounting, Due diligence. I am currently a Managing Partner at RRL Global Services. I can be reached at rrlglobal @ yahoo.com or @ 9811757230

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