THE FINANCE ACT 2025: UNPACKING LEGAL SHIFTS IN TAXATION, BANKING, INSURANCE AND FINANCE
On June 30, 2025, the Finance Act, 2025 (The Act) became operational after being passed by the Parliament and subsequently assented by the President. The Act implements the national budget for the fiscal year 2025/2026. This landmark legislation introduces sweeping amendments across multiple tax and regulatory laws, with significant implications for businesses, investors, and the …