Parliament passes Finance Bill, 2017

Parliament on Thursday approved the Finance Bill, 2017, after the Lok Sabha rejected the five amendments to the Bill passed by the Rajya Sabha on Wednesday,  with regard to curbing more powers to taxmen and a cap on donation by companies to political parties. The passage of the Bill, after the Presidential assent, will ensure the budgetary proposals take effect from April 1, 2017.

Source: Business Standard

 

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