Cabinet gives ex-post facto approval for amendments to Finance Bill, 2021
The Hindu
The Finance Bill became the Finance Act, 2021 on March 28, 2021 after receiving the President's nod
The Union Cabinet on Tuesday gave ex-post facto approval to the official amendments to the Finance Bill, 2021, which were aimed at clarifying and rationalising tax proposals for 2021-22. The amendments were essential to clarify and rationalise the proposals further and address stakeholders' concerns arising out of the proposals enumerated in the Finance Bill. The Finance Bill became the Finance Act, 2021 on March 28, 2021 after receiving the President's nod.
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