Finance Bill

March 25, 2025 10:47 PM

Lok Sabha passes Finance Bill 2025

The Lok Sabha on Tuesday passed the Finance Bill 2025, with Finance Minister Nirmala Sitharaman emphasizing that the legislation aligns with the aspirations of the people and the government's vision of making India a developed country by 2047. The bill was passed after the House adopted amendments moved by the Finance Minister. The debate on the bill had begun on Monday. Presenting the Finance Bill, Sitharaman said the government aims to provide tax certainty, rationalize provisions for ease o...

March 24, 2025 9:52 AM

Finance Bill, Banking Laws Amendment on agenda as Parliament resumes

The Finance Bill, 2025, and the Banking Laws (Amendment) Bill, 2024, are among the key legislations set for discussion as both Houses of Parliament resume proceedings on Monday. In the Lok Sabha, FM Sitharaman will move the Bill to give effect to the financial proposals of the central government for the financial year 2025-26. Union Minister Pankaj Chaudhary will make a statement regarding the status of implementation of the recommendations contained in the 1st Report of the Standing Committee...

September 16, 2024 4:29 PM

Nirmala Sitharaman to speak on Finance Bill later today, before its passage in Lok Sabha

Union Finance Minister Nirmala Sitharaman is scheduled to address the Lok Sabha today at approximately 4 PM, responding to discussions on the Finance Bill. This follows the House's passage of the Appropriation Bill for the central government's 2024-25 expenditure on Monday. The 2024-25 Union Budget, presented by Sitharaman on July 23, outlines several key economic measures. The fiscal deficit target has been set at 4.9% of GDP, with plans to reduce it below 4.5% by 2025-26. The capital expendit...