Business Standard

Monday, December 23, 2024 | 04:49 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Rajya Sabha passes Finance Bill

If one does not have an Aadhaar, one can produce other ID and simultaneously apply for it

Rajya Sabha passes Finance Bill

Parliament

ANI New Delhi

The Rajya Sabha on Wednesday passed the Finance Bill after various amendments presented by Union Finance Minister Arun Jaitley.

"As far as benefits are concerned, you can produce Aadhar. If you don't have one, you can produce other ID and simultaneously apply for it," said Arun Jaitley.

He further said that the Government will issue electoral bonds.

"There are a lot of wild information going around over the authority of assessment officers over search and seizure," added Jaitley.

"Let me clarify this under section 132, a satisfaction note must be submitted to search and entering premise and that has to be submitted in the court," he added while notifying that the Finance Bill protects the source of information for tax evasion.

 

Earlier on Wednesday, Arun Jaitley moved four Goods and Services Tax (GST) Bills for consideration and passage in the Lok Sabha, which then took them up for discussion. The Central Goods and Services Tax (CGST) Bill, 2017, along with three other GST Bills were moved for consideration in the lower house.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2017 | 6:54 PM IST

Explore News