Title: Finance Bill, 1998. 2135 hours
MR. CHAIRMAN (SHRI P.M. SAYEED): The Minister may now move that the Finance Bill, 1998 be taken into consideration.
THE MINISTER OF FINANCE (SHRI YASHWANT SINHA): Sir, I beg to move:
“That the Bill to continue the existing rates of income-tax for the financial year 1998-99, be taken into consideration.”
MR. CHAIRMAN: The question is:
“That the Bill to continue the existing rates of income-tax for the financial year 1998-99, be taken into consideration.”
The motion was adopted.
MR. CHAIRMAN: The House will now take up clause-by-clause consideration of the Bill.
“That clause 2 stand part of the Bill.”
The motion was adopted.
Clause 2 was added to the Bill.
Clause 1, the Enacting Formula and the Title were added to the Bill.
SHRI YASHWANT SINHA: Sir, I beg to move:
“That the Bill be passed.”
MR. CHAIRMAN: The question is:
“That the Bill be passed.”
The motion was adopted.