Lok Sabha has passed the Finance Bill, 2021 on 23.03.2021. The Bill was introduced on 1st February, 2021 by Finance Minister Nirmala Sitaramna. The Bill intends to give effect to the financial proposals of the Central Government for the financial year 2021-22.
Government Bill – Passed
The Finance Bill, 2021
The motion for consideration of the Bill was moved by Smt. Nirmala Sitharaman.
The following members took part in the debate:-
1. Dr. Amar Singh
2. Shri Rajendra Agrawal
3. Shri P.V. Midhun Reddy
4. Shri Vinayak Bhaurao Raut
5. Shri Sunil Kumar Pintu
6. Shri Ritesh Pandey
7. Shri Nama Nageswara Rao
8. Smt. Supriya Sule
9. Shri Manoj Kishorbhai Kotak
10. Shri Hasnain Masoodi
11. Smt. Preneet Kaur
12. Shri Virendra Singh
13. Shri Syed Imtiaz Jaleel
14. Shri Sudheer Gupta
15. Shri Kinjarapu Ram Mohan Naidu
16. Shri Subhash Chandra Baheria
17. Smt. Navneet Ravi Rana
18. Shri Bhola Singh
19. Shri Rahul Ramesh Shewale
20. Dr. Alok Kumar Suman
21. Shri Anil Firojiya
22. Kunwar Danish Ali
23. Shri Hanuman Beniwal
24. Shri Pinaki Misra
25. Shri Sumedhanand Saraswati
Smt. Nirmala Sitharaman replied to the debate.
The motion for consideration was adopted and clause-by-clause consideration of the Bill was taken up.
Clause 2 was adopted.
Clause 3 was adopted, as amended.
Clause 4 was adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 20 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 4A was adopted. New Clause 4A was also adopted.
Clause 5 was adopted, as amended. Clauses 6 to 8 were adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 31 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 8A was adopted. New Clause 8A was also adopted.
Clauses 9 and 10 were adopted.
Clause 11 was adopted, as amended.
Clause 12 was adopted, as amended.
Clause 13 was adopted.
Clause 14 was adopted, as amended.
Clause 15 was adopted, as amended.
Clause 16 was adopted, as amended.
Clause 17 was adopted, as amended.
Clause 18 was adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 42 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 18A was adopted. New Clause 18A was also adopted.
Clauses 19 and 20 were adopted.
Clause 21 was adopted, as amended.
Clauses 22 to 26 were adopted.
Clause 27 was adopted, as amended.
Clause 28 was adopted.
Clause 29 was adopted, as amended.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 46 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 29A was adopted. New Clause 29A was also adopted.
Clause 30 was adopted, as amended.
Clause 31 was adopted, as amended.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 53 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 31A was adopted.
New Clause 31A was also adopted.
Clause 32 was adopted, as amended.
Clauses 33 and 34 were adopted.
Clause 35 was adopted, as amended.
Clause 36 was adopted, as amended.
Clause 37 was adopted.
Clause 38 was adopted, as amended.
Clauses 39 and 40 were adopted.
Clause 41 was adopted, as amended.
Clause 42 was adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 63 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 42A was adopted. New Clause 42A was also adopted.
Clauses 43 to 53 were adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clauses to which it relates, in its application to the Government amendment No. 64 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clauses 53A and 53B was adopted.
New Clauses 53A and 53B were also adopted.
Clauses 54 to 70 were adopted.
Clause 71 was adopted, as amended.
Clauses 72 to 78 were adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 67 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 78A was adopted. New Clause 78A was also adopted.
Clauses 79 to 113 were adopted.
Clauses 114 and 115 were adopted.
Clause 116 was adopted.
Clause 117 was adopted, as amended.
Clauses 118 and 119 were adopted.
Clause 120 was adopted, as amended.
Clause 121 was adopted, as amended.
Clause 122 was adopted, as amended.
Clause 123 was adopted, as amended.
Clause 124 was adopted, as amended.
Clauses 125 and 126 were adopted.
Clause 127 was adopted, as amended.
Clauses 128 to 132 were adopted.
Clause 133 was adopted, as amended.
Clause 134 was adopted.
Clause 135 was adopted, as amended.
Clauses 136 to 141 were adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clauses to which it relates, in its application to the Government amendment No. 122 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clauses 141A and 141B was adopted.
New Clauses 141A and 141B were also adopted. Clauses 142 to 151 were adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 123 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new clause 151A was adopted. New Clause 151A was also adopted.
Clauses 152 to 158 were adopted.
Clause 159 was adopted, as amended.
Clause 160 was adopted.
Smt. Nirmala Sitharaman moved the following motion under Rule 388 :-
"That this House do suspend clause (i) of Rule 80 of the Rules of Procedure and Conduct of Business in Lok Sabha in so far as it requires that an amendment shall be within the scope of the Bill and relevant to the subject matter of the clause to which it relates, in its application to the Government amendment No. 126 to the Finance Bill, 2021 and that this amendment may be allowed to be moved".
The motion was adopted.
An amendment for insertion of new Clause 161 was adopted.
New Clause 161 was also adopted.
The First Schedule, the Second Schedule, the Third Schedule and the Fourth Schedule were adopted.
The Fifth Schedule was adopted, as amended.
The Sixth Schedule was adopted.
The Seventh Schedule was adopted.
Clause 1, the Enacting Formula and the Long Title were also adopted.
The motion that the Bill, as amended, be passed was moved by Smt. Nirmala Sitharaman.
The motion was adopted and the Bill, as amended, was passed.
Thereafter, the Chair made an observation% regarding certain new
clauses which have been added to the Bill.
% Original in Hindi. For details, see the debates of the day.
Read the amendments to the Finance Bill, 2021 as passed by the Lok Sabha on 23.03.2021
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