EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Select your location
Local sites
Key amendments to Finance Bill, 2025 at the enactment stage
The Finance Bill, 2025 (FB 2025 or Bill) was presented by the Hon’ble Finance Minister (FM) Nirmala Sitharaman on 1 February 2025[1] . While moving the Bill for approval by the Lok Sabha[2] on 24 March 2025, the FM introduced amendments to FB 2025 (Amended FB 2025). The amendments are generally intended to address certain ambiguities/ uncertainties arising from the proposals as contained in the Bill and it also covers certain significant substantive changes.
This alert covers key amendments related to direct taxes.
[1] Refer our consolidated tax and policy alerts on tax and policy amendments on Budget 2025 dated 1 February 2025
[2] The lower house of parliament.