STT hike to GST appellate tribunal: Key takeaways from Finance Bill 2023

Finance Bill 2023: Debt funds with less than or equal to 35 per cent invested in equity shares will be taxed at the investors' income tax slab and treated as short-term capital gains

The Finance Bill 2023 was passed in the Lok Sabha on Friday. A total of 64 official amendments were proposed in the Bill. These included setting up a committee under the finance secretary to review the national pension scheme and setting up a goods and services tax (GST) Appellate Tribunal.

The bill will now go to the Rajya Sabha for approval.

Finance Bill 2023: Here are key amendments passed in the Lok Sabha today

Committee to review NPS

A committee under the chairmanship of the finance secretary will be set up to review the National Pension System (NPS). It will