Lok Sabha passes Finance bill 2017 on 22.03.2017 with 189 Amendments to following Acts and 9 related schedules:-
- Income Tax Act, 1961 and Rules
- Custom Act,1962
- Excise Duty Act, 1944
- Finance Act, 1994
- The Indian Trusts Act, 1882
- The Indian Post Office Act, 1898
- The Reserve Bank Of India Act, 1934
- The Representation Of The People Act, 1951
- The Securities Contract (Regulation) Act, 1956
- The Oil Industry (Development) Act, 1974
- Repeal Of The Research And Development Cess Act, 1986
- The Securities And Exchange Board Of India Act, 1992
- The Depositories Act, 1966
- The Finance Act, 2005
- The Payment And Settlement Systems Act, 2007
- The Companies Act, 2013
- The Finance Act, 2016
- Amendments To Certain Acts To Provide For Merger Of Tribunals And Other Authorities And Conditions Of Service Of Chairpersons, Members, Etc.
This is first-time finance bill is been used to amend so many acts while earlier finance bill were restricted only to tax related provisions.
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