New Delhi, May 3: The Lok Sabha completed the budgetary process with the passage of the Finance Bill 2007-08 containing the tax proposals for the current fiscal.

The Bill was passed by voice vote after Finance Minister P Chidambaram's reply on the debate.

The Bill would now be placed before the Rajya Sabha for approval.

The Lok Sabha had earlier this week guillotined the budgetary demands of different departments.