Finance Bill Cleared In Lok Sabha With Tax Amendment On Mutual Fund Gains
NDTV
The Fiance Bill was passed with with over 45 amendments. Among the amendments is the governments' move to tax investments in debt mutual funds as short-term capital gains.
Lok Sabha on Friday passed the Finance Bill 2023 giving effect to tax proposals without debate amid slogans by opposition members demanding a JPC probe into the allegations against the Adani group of companies.
The Fiance Bill was passed with with over 45 amendments. Among the amendments is the governments' move to tax investments in debt mutual funds as short-term capital gains.
Besides this, 20 more sections have been added to the Bill.
While the House was taking up the Bill, several opposition members were in the well raising slogans and holding placards demanding probe by a Joint Parliamentary Committee into the allegations against Adani group of companies following a report by a US based short-seller.
