The Finance Bill 2026 was passed in the Parliament yesterday with an assurance from Finance Minister Davendranath Tancoo that the legislation does not impose a burden of taxes on citizens.

The bill was passed with 28 members voting for, and zero against. There were 13 abstentions from the Opposition bench.

In piloting the bill, Tancoo knocked the People’s National Movement (PNM) Opposition for making “mischief” and telling the population the legislation will see new taxes being imposed.