Finance Bill (India)

E543261

The Finance Bill (India) is a key legislative proposal introduced annually in Parliament to give legal effect to the government's financial proposals, including taxation changes and budgetary measures, for the upcoming fiscal year.

All labels observed (2)

Label Occurrences
Finance Bill 1
Finance Bill (India) canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf bill ⓘ
legislative proposal ⓘ
money bill ⓘ
appliesTo upcoming financial year ⓘ
becomes Finance Act (India) after presidential assent ⓘ
linked to: Finance Act (India)
constitutionalBasis Article 110 of the Constitution of India ⓘ
Article 117 of the Constitution of India ⓘ
contains provisions relating to abolition of existing taxes ⓘ
provisions relating to alteration of existing taxes ⓘ
provisions relating to appropriation of moneys out of the Consolidated Fund of India ⓘ
provisions relating to custody of the Consolidated Fund of India ⓘ
provisions relating to declaration of any expenditure as charged on the Consolidated Fund of India ⓘ
provisions relating to duties ⓘ
provisions relating to expenditure charged on the Consolidated Fund of India ⓘ
provisions relating to fees ⓘ
provisions relating to imposition of new taxes ⓘ
provisions relating to receipt of money on account of the Consolidated Fund of India ⓘ
provisions relating to regulation of borrowing of money by the Government of India ⓘ
provisions relating to taxation ⓘ
country India ⓘ
effectiveFrom start of the next financial year unless otherwise specified ⓘ
governs rates of certain cesses and surcharges ⓘ
rates of customs duties for the financial year ⓘ
rates of excise duties for the financial year ⓘ
rates of income tax for the financial year ⓘ
introducedBy Government of India ⓘ
Minister of Finance ⓘ
introducedFrequency annually ⓘ
introducedIn Parliament of India ⓘ
introducedInHouse Lok Sabha ⓘ
language English ⓘ
Hindi ⓘ
linkedProcess budgetary process of the Union Government ⓘ
mayInclude amendments to existing tax laws ⓘ
provisions for new tax regimes ⓘ
presentedAlongWith Union Budget ⓘ
purpose to give legal effect to the government’s financial proposals ⓘ
to implement budgetary measures ⓘ
to implement taxation changes ⓘ
relatedTo Annual Financial Statement ⓘ
Union Budget of India ⓘ
requiresAssentOf President of India ⓘ
roleOfRajyaSabha can recommend amendments but cannot reject ⓘ
scope central government taxation ⓘ
direct taxes ⓘ
indirect taxes ⓘ
speakerCertification certified as Money Bill by Speaker of Lok Sabha ⓘ
timeLimitInRajyaSabha 14 days ⓘ
typeOf Money Bill under Article 110 ⓘ
linked to: Appropriation Bill

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Appropriation Bill (India) → relatedTo → Finance Bill (India) ⓘ
subject linked to: Appropriation Bill
Finance Ministry of India → prepares → Finance Bill ⓘ
linked to: Finance Bill (India)