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Budget 2020 FAQs: What is Finance Bill?

2020-01-28 297 Dailymotion

Before a piece of legislation is passed as a law by the Houses of parliament, it is called a Bill. A Finance Bill concerns the country's finances ranging from taxes, expenditure to government's borrowings, revenues, etc. <br /><br />After the presentation of the annual budget, the finance bill is introduced in the Lok Sabha to implement financial proposals for the following year. <br /><br />The bill is largely related to changes in taxes and levies by the government. <br /><br />Click here to get the latest updates on Budget 2020: shorturl.at/fENP3<br />

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