Question

what is the purpose of finance bill​

Answer 1

Answer:

Rule 219 of the Rules of Procedure of Lok Sabha states: 'Finance Bill' means the Bill ordinarily introduced in each year to give effect to the financial proposals of the Government of India for the following financial year and includes a Bill to give effect to supplementary financial proposals for any period

The Finance Bill gives legal effect to the taxation proposals contained within the Budget resolutions which are agreed after the Budget debate. It may also cover other matters relating to the administration of the tax system. ... You can submit amendments to the Finance Bill in the same way as for any other bill.