Parliament passes Finance Bill 2017

New Delhi [India], Mar. 30 : The Parliament has passed Finance Bill 2017 with the Lok Sabha today negating all the five amendments made by the Rajya Sabha.

Replying to a debate on the amendments of the Rajya Sabha , Union Finance Minister Arun Jaitley said the government cannot accept the amendments of the Upper House.

Initiating a discussion on it, Dipendra Hooda of Congress supported the amendments made by the Rajya Sabha.

He questioned the government for proposing 40 amendments in different laws through the Finance Bill. He demanded separate law for political funding. BJD leader Bhartruhari Mahtab demanded transparency in funding to the political parties. Saugata Roy of TMC also supported the amendments. Badaruddoza Khan of CPI (M) and A. P. Jithender Reddy of TRS demanded complete ban on corporate funding to the political parties. Yesterday, the Rajya Sabha had returned the Finance Bill 2017 to the Lok Sabha with five amendments moved by the opposition.

Of the five amendments, three were moved by Digvijay Singh of Congress and two by Sitaram Yechury of CPI-M.

The bill gives effect to the financial proposals of the central government for the financial year 2017-18.

Source: ANI