Finance Bill 2025 Passed in Lok Sabha The Lok Sabha passed the Finance Bill 2025 today (Tuesday), which includes 35 government amendments. The biggest change among them is that 6 percent digital tax on online advertisements is now over. Along with this, the Lok Sabha has completed its share of the budget process. Now this bill will be introduced in Rajya Sabha, from where the budget of 2025-26 will be fully implemented after getting approval.

What is in budget 2025-26?

Total expenditure: Rs 50.65 lakh crore, it is 7.4 percent more than the previous year.

Capital Expenditure: Rs 11.22 lakh crore

Tax collection target: 42.70 lakh crore rupees

Plan to take loan: 14.01 lakh crore rupees

Where will the money go?

For central schemes (Central Sponsored Schemes): Rs 5.41 lakh crore. Last year it was 4.15 lakh crores.

For central region schemes: 16.29 lakh crore rupees.

Transfer to states: 25.01 lakh crore rupees. This is 4.91 lakh crores more than last year.

Why increased expenditure?

Payment of interest on market loans increased

More funds for army

More provisions for employment schemes

Fiscal deficit and GDP estimate

2025-26 fiscal deficit: 4.4 percent (4.8 percent this year)

GDP Estimate: 3,56,97,923 crore rupees (10.1 percent increase from last year)

What is special for common man

Digital marketing will be cheaper due to the removal of tax on online advertisements.

States will get more funds, which will speed up development works.

Focus on employment schemes can increase new jobs.

It remains to be seen how long the Rajya Sabha passes this bill and how the new budget applies. The government claims that this budget will further strengthen the economy, but the opposition is calling it a “election budget”.

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