The Validation Clause in the Finance Bill (pensions): history, text, merits, demerits, FM’s clarification and likely legal outcomes By Lokanath Mishra The Chief Adviser, The All India Pensioners Association of CBIC In the Finance Bill, 2025 Parliament inserted a “validation” Part that (a) declares that the Central Government has and always had the authority to … Continue reading The Validation Clause in the Finance Bill (Pensions): history, text, merits, demerits, FM’s clarification and likely legal outcomes