Parliament approves Appropriation Bill for 2011-12
14.3.2011 Parliament today approved the Appropriation Bill for 2011-12 with the Rajya Sabha returning the Bill to the Lok Sabha amid the assertion of Finance Minister Pranab Mukherjee that the Government had netted in Rs 100,000 crore during the last 18 months by strengthening the transfer pricing mechanism to stop capital which would have fled out of the shores.
Parliament approved the 2012 budget act with a vote of 255:48 in the early morning hours on Tuesday.