News > Lok Sabha passes Finance Bill; completes budgetary exercise for FY 2023

Lok Sabha passes Finance Bill; completes budgetary exercise for FY 2023

The Free Press Journal | 25/03/2022 11:15 PM | Click to read full article

The Lok Sabha on Friday approved the Finance Bill, which gives effect to new taxation, thus completing the Budgetary exercise for 2022-23 fiscal. 

Replying to a discussion on the Finance Bill, Sitharaman said India was probably the only country that did not resort to new taxes to fund the recovery of the economy hit by the COVID-19 pandemic.

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