![\"Finance](\"https:\/\/c.ndtvimg.com\/2023-03\/ubrfsmb4_lok-sabha-pti_625x300_17_March_23.jpg\"\/ "\\"Finance")
<\/div>\nAs sloganeering continued, the chair adjourned the proceedings of the House till Monday.<\/p>\n<\/div>\n
New Delhi: <\/b><\/p>\n
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.<\/p>\n
Among the amendments is the governments’ move to tax investments in debt mutual funds as short-term capital gains.<\/p>\n
The Finance Bill that gives effect to tax proposals for fiscal year starting April 1 was passed without a discussion amidst ruckus by opposition members demanding a JPC (Joint Parliamentary Committee) probe into the allegations against the Adani group of companies.<\/p>\n
While moving the bill for passage and consideration, finance minister Nirmala Sitharaman also announced the setting up of a committee under finance secretary to look into pension issues of government employees.<\/p>\n
She also said the Reserve Bank of India will look into the payments made through credit cards for foreign tours which escape tax at source.<\/p>\n
Ms Sitharman introduced 64 official amendments to the Finance Bill which was tabled in Parliament on February 1 along with the Budget proposals.<\/p>\n
The Budget was passed on Thursday. At that time too, no discussion could take place because of the protest.<\/p>\n
Following amendments, 20 new sections have been added to the Bill.<\/p>\n
The Finance Bill will now be sent to the Rajya Sabha.<\/p>\n
While the House was taking up the Bill, several opposition members were in the well raising slogans and holding placards demanding a probe by a JPC into the allegations against Adani group of companies following a report by a US based short-seller.<\/p>\n
As sloganeering continued, the chair adjourned the proceedings of the House till Monday.
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(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)<\/i><\/p>\n<\/div>\n