The Finance Bill, 2017 is being discussed in Lok Sabha today. Generally, the Finance Bill is passed as a Money Bill since it gives effect to tax changes proposed in the Union Budget. A Money Bill is defined in Article...
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The Finance Bill, 2017 was introduced in Lok Sabha on February 1, 2017. Amendments to the Finance Bill have been circulated. Key changes proposed under the amendments are summarised below: (Download PDF version here) • Aadhaar mandatory for PAN and Income...
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The Specified Bank Notes (Cessation of Liabilities) Bill, 2017 is being discussed in Parliament today.[1] The Bill replaces an Ordinance promulgated on December 30, 2016 to remove the Reserve Bank of India’s (RBI) liability and central government’s guarantee to honour...
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Budget Session 2017 commenced with the President, Pranab Mukherjee, addressing a joint sitting of Parliament on January 31, 2017. This address by the President highlights the legislative and policy activities and achievements of the government in the previous year. In...
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Winter Session 2016 has been one of the least productive sessions for both Houses in the last 15 years, with repeated disruptions on the issue of demonetisation of currency. While eight Bills were introduced in this session, only two were passed....
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The Income Tax Laws (Second Amendment) Bill was introduced in Lok Sabha today. The Bill provides for ‘Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016' (PMGKY). As per the Bill, declarants under this regime shall pay a tax...
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Rajya Sabha functioned briefly as discussion on demonetisation resumed after six days.  During the debate members from the opposition sought answers from the government on a range of issues. These included questions on the additional measures that will be taken for...
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The Surrogacy (Regulation) Bill, 2016 was introduced in Lok Sabha on November 21, 2016 and is listed for passage this week. The Bill regulates altruistic surrogacy and prohibits commercial surrogacy. We present a brief overview of the Bill and some...
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The Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill and the Surrogacy (Regulation) Bill were introduced in Lok Sabha yesterday. The Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill consolidates the laws relating to admiralty jurisdiction, legal proceedings in connection with...
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The Winter Session of Parliament started today. Lok Sabha was adjourned for the day after obituary references. Rajya Sabha suspended scheduled business to take up discussion on demonetisation of currency.   Members from across political parties raised their concerns about the various...
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Figure 1 (1)
The Ministry of Human Resource Development released the draft National Education Policy, 2016 in July this year.[1] The Ministry was receiving comments on the draft policy until the end of September 2016. In this context, we provide an overview of...
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Railways1
Earlier today, the Union Cabinet announced the merger of the Railways Budget with the Union Budget. All proposals under the Railways Budget will now be a part of the Union Budget. However, to ensure detailed scrutiny, the Ministry’s expenditure will...
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Earlier today, a Bill to raise maternity benefits was introduced and passed in Rajya Sabha. The Bill amends the Maternity Benefit Act, 1961. The Act regulates the employment of women during the period of child birth, and provides maternity benefits. ...
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The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016 is listed for discussion in Rajya Sabha today.[i] The Bill aims to expeditiously resolve cases of debt recovery by making amendments to four laws,...
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Yesterday, the government circulated certain official amendments to the Constitution (122nd Amendment) Bill, 2014 on GST. The Bill is currently pending in Rajya Sabha. The Bill was introduced and passed in Lok Sabha in May 2015. It was then referred...
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