the government will introduce some of its key provisions, such as General Anti-Avoidance Rules, in Budget 2012-13.
Appealing to the opposition to allow smooth functioning of Parliament during the Budget session, Prime Minister Manmohan Singh on Monday said all issues agitating them can be debated on the floor of the house.
Finance Minister Nirmala Sitharaman will kick start the customary pre-Budget consultation exercise with stakeholders from Wednesday by holding the first such meeting with experts of agriculture and agro-processing industry. She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic. The growth this year is expected to be in the double-digit during the current fiscal.
On the third day of Budget session, Lok Sabha will elect a new Speaker.
The Budget session of the Parliament is likely to begin from February 25 with the Presidential Address to a joint sitting of Lok Sabha and Rajya Sabha followed by presentation of rail budget and general budget on February 26 and 28.
The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.
Sources said that the Congress was working to move the motion on Wednesday and is in the process of filing a notice in this regard.
Don't expect less tax on your income. The Finance Minister can, however, delay DTC, incentivise equity investments, and give a higher tax break for home loans.
From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.
Anguished over the stalemate in Parliament over demand of Joint Parliamentary Committee into 2G Spectrum scam, Lok Sabha Speaker Meira Kumar on Friday said she would "do anything" to ensure that it does not spill over to the budget session.
BJP President and Leader of Opposition L K Advani on Tuesday conceded that the National Democratic Alliance's boycott of the Budget session of Parliament had created a 'wrong perception' in the public.
Party sources said Sonia, addressing the CPP, the first in the Budget session, faulted the main opposition for its stalling tactics in the Lok Sabha and Rajya Sabha.
The government on Tuesday asserted in Lok Sabha that it was ready to discuss issues related to farmers both inside and outside Parliament amid vociferous protests by the Opposition which forced repeated adjournments of both the Houses.
Seeking to lift investor sentiments, the government on Monday said that it will not wait for the Budget, which is due in February, to address the issues concerning retrospective amendment to Income Tax laws.
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.
He said that the two nations will have issues in the foreseeable future. However, there are ways of addressing those issues and what happened in 2020 was not the way to address those issues.
Nepal plunged into a political crisis after President Bidya Devi Bhandari dissolved the House of Representatives and announced dates for mid-term elections at the recommendation of Prime Minister Oli on Sunday, sparking protests from a section of the ruling party and various opposition parties.
Ahead of Tuesday's meeting with Opposition parties convened by the government, Congress on Friday appeared to have softened its stand on the joint parliamentary committee probe issue in a bid to break the deadlock in Parliament on the 2G spectrum allocation scam."We are open to discussing such a resolution in Parliament on the JPC issue," Congress spokesperson Jayanti Natarajan said, noting that she was seeking cooperation of the Opposition to ensure a smooth budget session.
A united opposition is set to corner the NDA government on issues ranging from the NEET paper leak case to railway safety.
Asked whether it will be possible to hold the session if there are strict social- distancing norms still in place in June-July, Birla said a way out could be found when that situation comes.
The vehicle can attain a maximum speed limit of 25 km per hour and is the first of its kind in the small variants of bullet proof vehicles.
This is despite expectations of a stormy session, given the unresolved standoff on the Opposition's insistence on a Joint Parliamentary Committee probe into the telecom spectrum controversy.
Watch all the proceedings and live debates.
The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end of this month, according to multiple sources with direct knowledge of the matter. "The regulator met four life and six general insurers last month and asked them to provide their listing strategies by the end of February," said one of the sources.
Though the government was ready for a discussion on the issue, the Bharatiya Janata Party, the Left and the United National Progressive Alliance members paralysed proceedings in the two Houses giving vent to their anger on inflation which has touched a three year high of 7.41 per cent. It was trouble from the word go in the Lok Sabha on the issue, while in the Rajya Sabha protests erupted after the new members were sworn in.
This time, it might start between March 5 and 12 in view of polls, government sources said, citing that counting of votes is scheduled for March 4.
Prime Minister Narendra Modi to include only those who perform well as parliamentarians.
If you are rich and if you have money, you can buy the Indian examination system, Rahul claimed.
They said the proposal to bring a motion was mooted at the meeting of party MPs this morning and Congress leaders are now talking to other party leaders over it.
The contentious anti-corruption Lokpal bill will come up for discussion next month in Parliament after the ongoing one-month recess of the budget session, Union Minister V Narayanasamy said on Sunday.
The Supreme Court will hear on Tuesday NCP leader Mohammed Faizal's plea against the Lok Sabha Secretariat for not withdrawing a notification disqualifying him as an MP upon his conviction and 10-year sentence that was later stayed by the Kerala high court.
The BJP warned if the government did not table the report in the beginning of second half of the Budget session it will not allow the House to function smoothly.
With the Bharatiya Janata Party-led Opposition stalling Parliament's proceedings over the issue of 'tainted' ministers, both the Houses were adjourned for the day without transacting any business
Congress leader K C Venugopal on Friday gave Rajya Sabha chairman Jagdeep Dhankhar a breach of privilege notice against Prime Minister Narendra Modi over his remarks on why former prime minister Jawaharlal Nehru's family did not use his surname.
TMC Rajya Sabha MP and leader of the party in the Upper House Derek O'Brien and Sudip Bandyopadhyay, Lok Sabha MP and leader of the party in the Lower House, have written to presiding officers of both Houses, urging then to wind up proceedings on Monday (March 23).
Congress leaders on Monday tried to gherao Parliament House to protest against the Bharatiya Janata Party-led National Democratic Alliance government over price rise and rail fare hike.
It was also the shortest speech by Sitharaman, who had delivered the longest speech last year. Her first Budget speech in July 2019 went on for around 137 minutes and in 2020, it went on for more than 160 minutes and was cut short after she felt unwell.
The Centre on Friday ruled out sine die adjournment of Parliament before the last day of Budget Session and made a veiled attack on main opposition Bharatiya Janata Party for the disruption of House proceedings.
Joshi, however, clarified that he did not support the banned practice and that his remarks were on the tradition of 'Jauhar'.
The much-delayed Insurance Bill seeks to raise the foreign investment cap in the sector from 26 per cent to 49 per cent, with a rider that the management control rests in the hands of Indian promoter.
