Finance Minister Sitharaman introduces Appropriation (No. 2) Bill 2024 in Rajya Sabha

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Finance Minister Sitharaman introduces Appropriation (No. 2) Bill 2024 in Rajya Sabha

 

Finance Minister Nirmala Sitharaman (Photo: PTI)

The Lok Sabha handed each the payments final week. Initiating dialogue on the payments, Congress’ Digvijaya Singh mentioned the federal government’s focus must be on decreasing inequality between the wealthy and the poor, tackling inflation, and creating jobs.

Singh attacked the federal government, saying that for the final one decade, the federal government has been working just for the advantage of huge firms. He mentioned that home financial savings within the nation have decreased, which is a sign that poverty is growing.

Singh additionally advocated imposing a 2% wealth tax on the nation’s prime 300 richest households. He additionally requested the Finance Minister to exempt all medicines and machines utilized in most cancers remedy from customs obligation.

He additionally demanded abolition of 18% GST on medical health insurance.

TMC’s Derek O’Brien additionally requested the Finance Minister to withdraw 18% GST on medical health insurance and life insurance coverage. He mentioned, “This provision was introduced in 2017. This is our humble enchantment to the Finance Minister via you. Perhaps nobody checked out it from 2017 to 2024. In the final two weeks, it has been introduced in Parliament. The Chief Minister of West Bengal has written a letter. Yesterday there have been 350 MPs from 20 events, we’re all collectively on this.”

O’Brien started his speech by praising wrestler Vinesh Phogat. “Medal or no medal, we salute you. You are our hero Vinesh Phogat. Thank you for what you will have performed for India,” the TMC chief mentioned within the Upper House.

YSRCP’s V Vijayasai Reddy requested the federal government to make pension tax-free. He additionally mentioned that rates of interest on small financial savings schemes like PPF are low, which inspires individuals to spend money on dangerous inventory markets.

BJP’s Bhubaneswar Kalita talked about numerous improvement works performed by the Central authorities particularly within the North-East area.

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