City
Epaper

Parliament passes Finance Bill, Lok Sabha approves amended bill okayed by Rajya Sabha

By ANI | Updated: March 27, 2023 19:10 IST

New Delhi [India], March 27 : Lok Sabha on Monday approved the Finance Bill 2023 which had an amendment ...

Open in App

New Delhi [India], March 27 : Lok Sabha on Monday approved the Finance Bill 2023 which had an amendment from the bill approved by the House last week.

The bill with an amendment moved by Finance Minister Nirmala Sitharaman was passed earlier in the day by Rajya Sabha.

The bill was passed amid ruckus in the two Houses over opposition demand for a JPC on Ad issue.

The change related to Securities Transaction Tax levied on sale of options trading.

The government had said earlier that there was an inadvertent mistake in the STT charges on options.

"The rate intended was 0.0625 as against present rate of 0.05," the government had said.

The bill had hiked STT on futures trading from 0.017 per cent to 0.021 per cent.

Lok Sabha had passed the Finance Bill 2023 with 64 amendments on Friday amid din created by sloganeering by the Opposition parliamentarians who continued with their demand of a Joint Parliamentary Committee probe into the Ad-Hindenburg issue.

Finance Minister Nirmala Sitharman tabled the tabled the Finance Bill after presenting the Union Budget 2023-24 on February 1.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Nirmala sitharmanindiahouseNirmala SitharamanNew DelhiLok SabhaThe new delhi municipal councilDelhi south-westNirmala seetharamanIndiUk-india
Open in App

Related Stories

InternationalUS Government Shutdown: US Embassy in India’s X Account to Pause Regular Updates Until Full Operations Resume

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Final

NationalRajnath Singh and Abdeltif Loudiyi Sign MoU on Defence Cooperation; Focus on Counter-Terrorism, Cyber Security, and Maritime Safety (Watch Video)

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Super 4 Clash

MumbaiNamo Yuva Yatra: Milind Soman Flags Off Campaign in Mumbai, Says ‘Theme of a Drug-Free India Is Very Important’ (Watch Videos)

Business Realted Stories

BusinessIndia in 2025 is a manufacturing economy: BJP defies Rahul Gandhi’s claims

Business1st Rajdhani to Mizoram gets huge response; new rail projects boost trade & connectivity in NE

BusinessGovt orders probe into Chennai firm's allegations of corruption against Customs officials

BusinessMP to create 20,000 vacancies in police, AI-based chatbot launched: CM Yadav

BusinessIndiGo spearheading resumption of flights from India to mainland China