Breaking News: Lok Sabha Approves Finance Bill 2025, Scraps 6% Digital Tax on Online Advertising
2025-03-25
Moneycontrol
In a significant move, the Lok Sabha has passed the Finance Bill 2025, effectively removing the 6% digital tax on online ads. This development marks the completion of the budget approval process in the Lok Sabha, paving the way for the Rajya Sabha to review the Bill. The removal of the digital tax is expected to boost the online advertising industry, with potential benefits for digital marketing and e-commerce. Key terms like digital tax and online advertising will be closely watched as the Bill moves forward. The Lok Sabha's approval is a crucial step towards finalizing the budget.
