Note: The Finance Bill is an annual government proposal that usually announces the levy of new taxes or changes in the country’s tax structure. This year’s Finance Bill was introduced in Lok Sabha on February 1, 2017. On Tuesday, amendments to the bill that impacted, changed or tweaked up to 40 different laws were circulated. Because the Finance Bill is a money bill and doesn’t have to go through the Rajya Sabha, opposition parties have condemned the current Finance Bill, saying it is a “backdoor” route for the Centre to pass a number of