Lok Sabha approves 2015/16 finance bill

  • Reuters, New Delhi
  • Updated: Apr 30, 2015 19:58 IST

The Lok Sabha on Thursday approved 2015/16 Finance Bill mainly containing tax proposals for the manufacturing and service sectors for the current fiscal year.

Replying to a debate on tax proposals, finance minister Arun Jaitley offered tax relief to foreign investors, exempting income from securities transactions, royalties and technical service from minimum alternative tax (MAT).

also read

New permanent leadership will be in place: Ratan Tata tells group
Show comments