Finance Bill 2024 discussion resumes in Lok Sabha

During the debate, Jagdambika Pal, a member of the ruling Bharatiya Janata Party (BJP), expressed his support for the Finance Bill, stating that it will help achieve the targets set in this year's budget to make India a developed nation. Pal emphasized that the present budget will simplify the country's taxation system and lauded the government's decision to abolish the Angel Tax, which he believes will provide significant relief to India's startup ecosystem. He further added that the government is working towards making the country the third-largest economy in the world.