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LS Passes Finance Bill 2025 With 35 Govt Amendments; New IT Bill in Monsoon Session
March 26, 2025
|The Statesman
The Lok Sabha on Tuesday passed the Finance Bill, 2025, with 35 amendments, one of which eliminates the 6 per cent digital tax on online advertisements.
The Lok Sabha on Tuesday passed the Finance Bill, 2025 with 35 amendments, one of which eliminates the 6 per cent digital tax on online advertisements.
Replying to the debate on the bill, Finance Minister Nirmala Sitharaman said: "I have proposed to remove (the) 6 per cent equalisation levy for advertisements. Equalisation levy on online advertisements to be abolished to address uncertainty in international economic conditions."
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