Parliament Budget Session 2024: Lok Sabha Passes Finance Bill, Completes Exercise for Interim Budget 2024–25

New Delhi, February 7: 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. Public Examinations Bill 2024 Passed in Lok Sabha: Lower House Passes Bill on Tackling Exam Malpractices

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. Lok Sabha Passes Historic Women’s Reservation Bill, PM Narendra Modi Thanks MPs Across Party Lines; 'Calls it a Historic Legislation for Women Empowerment'

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.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)