THE JHARKHAND STORY DESK
New Delhi, March 25: The Lok Sabha passed the Finance Bill 2025 on Tuesday. The House passed the legislation after adopting amendments proposed by the Finance Minister.
Finance Minister Nirmala Sitharaman said that the legislation aligns with India’s long-term vision of becoming a developed nation by 2047.
She highlighted that the bill introduces tax relief measures, promotes ease of doing business, and provides tax certainty while ensuring greater compliance, particularly from individuals with foreign assets.
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During the debate, which began on Monday, opposition leaders criticized the bill, arguing that it offered only “patchwork solutions” and citing flaws in the GST framework. However, BJP members defended the government’s economic policies, pointing out that the country’s GDP has more than doubled over the past decade.
Sitharaman addressed concerns raised by lawmakers, including those related to GST, and reiterated that the bill was designed to meet the expectations of the people.
