Hi
For the year 2019, there are two finance bills, namely
The finance (No.1) bill 2019 and
The finance (No.2) bill 2019
What is the difference?
pd23071997
(None)
(388 Points)
Replied 29 October 2019
First one was enacted before election as interim budget. The interim budget 2019 finance bill has been assented to by the President on February 21 thereby making it an Act. This means that the proposals in the Finance bill 2019 including the tax changes became law. (resented by then FM Shri Arun Jaitley Ji)
After the election newly appointed FM Nirmala Sitaraman Ji On 5 July 2019, presented the. Finance (No. 2) Bill, 2019 (
Kapadia Pravin
(17249 Points)
Replied 29 October 2019
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