Breaking: Parliament Gives Nod to Finance Bill 2025, Wraps Up Budget FY26 Process
2025-03-27
Business Standard
In a significant development, the Rajya Sabha has passed the Finance Bill 2025, incorporating 35 key government amendments, including the abolition of a 6% digital tax on online advertisements. This move marks the completion of the budgetary exercise for the fiscal year 2025-26, which commenced on February 1. The bill's approval is expected to have a significant impact on the economy, with potential benefits for digital marketing and online businesses. The government's decision to scrap the digital tax is seen as a boost to the growing digital economy, with keywords like digital tax, budget FY26, and online advertisements trending in the financial sector.
