India’s urban population has grown by 32% from 2001 to 2011 as compared to 18% growth in total population of the country.[1] As per Census 2011, 31% of the country’s population (377 million people) live in cities, and contribute to...
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Yesterday, the BJP announced its candidate for the upcoming election of the President, which is scheduled to be held on July 17. In light of this, we take a look at the manner in which the election to the office...
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Yesterday, the Supreme Court delivered its first verdict in a series of legal challenges that have been made against the Aadhaar project.[1] In the present matter, the court was examining whether a provision of the Finance Act, 2017 that made...
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Recently there have been news reports about the NITI Aayog submitting its recommendations on improving the financial health of Air India to the Ministry of Finance.[1],[2] The Civil Aviation Ministers have also mentioned that the Ministry will soon propose a...
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Over the last two months, the centre and over 15 states have passed laws to levy the Goods and Services Tax (GST). Under these laws, tax rates recommended by the GST Council will be notified by the government. The Council...
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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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