Union Budget Passed in Parliament Amid Opposition Ruckus over RaGa’s Disqualification

New Delhi: The Union Budget 2023-24 was passed by the Parliament on Monday after the Lok Sabha cleared the Finance Bill with a fresh amendment. The Rajya Sabha also gave its approval to three related legislations without any debate amid the Opposition chaos. Opposition MPs continued to protest against Rahul Gandhi’s disqualification as MP after his conviction in a defamation case.

Earlier on Monday, the RS cleared the Rs 45 lakh crore spending proposal in the Union Budget, followed by the Finance Bill that features tax proposals. The Upper House also passed the Appropriation Bill and Demands for Grants, besides Budget for the Union Territory of Jammu and Kashmir.

The Finance Bill as passed by the LS featured an amendment moved by Finance Minister Nirmala Sitharaman. The amendment was to correct the rate of securities transaction tax (STT) to be levied on trading of options and futures in the derivative market.

The amendment was passed by voice vote amid ruckus, completing the budgetary exercise.