With a single stroke, the government has moved to amend 40 laws by bringing in amendments in the Finance Bill, 2017. Illustration: Subrata Dhar With a single stroke, the government has moved to amend 40 laws by bringing in amendments in the Finance Bill, 2017. With a single stroke, the government has moved to amend 40 laws by bringing in amendments in the Finance Bill, 2017. The Finance Bill, 2017, had originally proposed the limit to be Rs 3 lakh, which has now been reduced to Rs 2 lakh. Finance Bill, being a Money Bill, need not be introduced in Rajya Sabha, where it is sent only for its recommendations.

Source: Indian Express March 27, 2017 20:06 UTC