Lok Sabha passes Finance Bill, 2012

Posted By: Pti
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Pranab Mukherjee
New Delhi, May 8: Lok Sabha passed Finance Bill, 2012 in Parliament on Tuesday. Finance Minister Pranab Mukherjee speaking about the Finance Bill in Parliament said that "India cannot be allowed to become a tax haven just to attract foreign investment."

"Legislature has right to amend laws to correct Supreme Court judgement. India not inferior to any other country in respect of having retrospective changes in tax laws," added the Finance Minister.


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