Finance Finance Bill passed in Lok Sabha; Cess on petrol, diesel stays Updated : July 18, 2019 11:16 PM IST Lok Sabha later passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House. On the proposal to hike tax liability on individuals earning more than Rs 2 crore, she said it will not impact Foreign Portfolio Investors (FPIs) provided they organised themselves as company. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.