Parliament approves interim Budget 2024-25; Other key bills returned to LS

Parliament wrapped up the passage of the interim Budget for the fiscal year 2024-25 on Thursday, marking a significant step in the nation's fiscal planning. Rajya Sabha concluded the process by returning the Finance Bill 2024 along with relevant appropriation bills, including those concerning the Union Territory of Jammu and Kashmir.

Bills Returned to Lok Sabha:

Following Finance Minister Nirmala Sitharaman's response to the discussions, the Upper House forwarded the bills to Lok Sabha for further proceedings. Notably, Lok Sabha had already passed these bills the day prior, underscoring the progression of the budgetary process.


Key Bills Returned:

The bills sent back to Lok Sabha by Rajya Sabha include:

• Appropriation (Vote on Account) Bill, 2024
• Appropriation Bill, 2024
• Jammu and Kashmir Appropriation (No.2) Bill, 2024
• Jammu and Kashmir Appropriation Bill, 2024
• Finance Bill, 2024

Completion of Budget Process:

With the return of all these crucial money bills to Lok Sabha, the budgetary process stands concluded. This milestone signifies the culmination of extensive deliberations and parliamentary procedures aimed at shaping the financial framework for the upcoming fiscal year.