Lok Sabha Passes Finance Bill: Interim Budget 2024-25
By Rediff Money Desk, NEWDELHI Feb 07, 2024 22:40
The Lok Sabha passed the Finance Bill, 2024, completing the interim budget exercise for 2024-25. The bill does not propose any changes to the tax structure.
New Delhi, Feb 7 (PTI) The Lok Sabha on Wednesday passed the Finance Bill, 2024, thus completing the exercise for passage of the interim budget 2024-25.
The Finance Bill, 2024, does not propose any change in the tax structure as the final budget will be tabled in July after the new government assumes office post the general elections in April-May.
Minister of State for Finance Pankaj Chaudhary said the Finance Bill, 2024, does not propose any change in tax structure.
"We have focused on development despite presenting an interim budget ahead of elections, Chaudhary said replying to a discussion on the bill.
Earlier in the day the Lok Sabha approved the Rs 47.66-lakh crore interim Budget 2024-25 of the Union Government and second batch of supplementary demands for grants.
The House also approved the Appropriation Bill authorising government to meet expenses for four months in the next financial year.
The lower house also approved the Rs 1.8 lakh crore budget of the Union Territory of Jammu and Kashmir.
The Finance Bill, 2024, does not propose any change in the tax structure as the final budget will be tabled in July after the new government assumes office post the general elections in April-May.
Minister of State for Finance Pankaj Chaudhary said the Finance Bill, 2024, does not propose any change in tax structure.
"We have focused on development despite presenting an interim budget ahead of elections, Chaudhary said replying to a discussion on the bill.
Earlier in the day the Lok Sabha approved the Rs 47.66-lakh crore interim Budget 2024-25 of the Union Government and second batch of supplementary demands for grants.
The House also approved the Appropriation Bill authorising government to meet expenses for four months in the next financial year.
The lower house also approved the Rs 1.8 lakh crore budget of the Union Territory of Jammu and Kashmir.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.02 (+ 1.65)
- 32984837
- Srestha Finvest
- 0.70 (+ 4.48)
- 22450308
- GTL Infrastructure
- 2.16 (+ 1.89)
- 15413605
- AvanceTechnologies
- 0.90 (+ 4.65)
- 9636547
- Akshar Spintex
- 0.84 (+ 5.00)
- 9453833
MORE NEWS
Apollo Green Energy IPO: Rs 10,000 Cr Project...
Apollo Green Energy (AGEL) plans to go public in 2025, aiming to build a Rs 10,000...
Anti-Dumping Duty on PVC Resins from 7 Countries
India's DGTR recommends anti-dumping duty on PVC resins from China, US, Korea and...
L&T Acquires 21% Stake in E2E Networks for Rs...
Larsen & Toubro (L&T) will acquire 21% stake in cloud services company E2E Networks for...