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Soon after, Agrawal adjourned the House till March 27. Apart from bringing changes on taxation through the amendments, Sitharaman also announced a committee headed by the finance secretary to “improve” the National Pension System (NPS).
A day after the Union Budget was passed by the Lok Sabha without discussion, it was the turn of the Finance Bill, 2023 Friday, as it was approved with 64 amendments amid loud sloganeering by the members of the Opposition over the demand to constitute a Joint Parliamentary Committee (JPC) to probe the allegations against the Adani Group.
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Finance Minister Nirmala Sitharaman introduced the amendments which were taken up for consideration and passage at a frenetic pace by presiding officer Rajendra Agrawal at 12 PM, when the House resumed. Within the next 44 minutes, all the amendments were introduced and the Bill was passed by voice vote, even as the Opposition benches continued to raise slogans and hold up placards against the government.
Soon after, Agrawal adjourned the House till March 27. Apart from bringing changes on taxation through the amendments, Sitharaman also announced a committee headed by the finance secretary to “improve” the National Pension System (NPS).
Moreover, she said that the RBI was being requested to bring credit card payments for foreign tours under the ambit of Liberalised Remittance Scheme (LRS) to ensure tax collection at source.
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