Opposition ensures that the House adopts five amendments to Finance Bill
The Opposition ensured that the Rajya Sabha adopted five amendments to the contentious Finance Bill, which was put to vote in the Upper House on Wednesday, placing the government in an embarrassing situation.
The amendments adopted by the Upper House included
- Deletion of the provision that “denied the right to an Income Tax assessee to know the reason why he or she had been raided”
- A clause that gave unbridled powers to an assistant commissioner of the Income Tax (IT) department
- An amendment to the Companies Act, which removed the cap on the amount that an individual or company could donate to a political party was also put down.
The Finance Bill will now be sent to the Lok Sabha for final approval where the ruling party, which is in majority in the Lower House, “may or may not” accept the amendments.
The government has proposed 40 amendments through the Finance Bill.
Of the five opposition amendments, three were moved by the Congress member Digvijaya Singh and two by Sitaram Yechury of the Communist Party of India-Marxist (CPI-M).
The amendments were adopted with a significant margin, with the difference of votes ranging between 27 and 34 votes.
Courtesy: The Hindu