NEW DELHI (Reuters) - The Rajya Sabha on Wednesday approved the finance bill that would enable the government to implement new tax provisions of the annual budget and set up a panel to decide interest rates and monetary policy.
While presenting his third budget in February, finance minister Arun Jaitley sought to set up a six-member monetary panel with a casting vote for the governor of the central bank.
The Finance Bill, passed by a voice vote, was approved by the Lok Sabha last week.
(Reporting by Manoj Kumar; Editing by Malini Menon)
