Suggests far more generous provisions than proposed in Direct Taxes Code
The Budget session of Parliament will begin on Feb 21 and the general budget is slated to be presented to Lok Sabha on Feb 28.
Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.
The early tabling of the financial Budget ends a 70-year tradition.
The much-delayed insurance bill and the goods and services tax bill are among the 39 bills that are expected to come up during the month-long Winter Session of Parliament beginning next week.
The 28 new ministers who joined the Chouhan cabinet on July 2 include 20 of cabinet rank and eight ministers of state.
He said Parliament in the past decades has debated a number of government decisions, which had caused tensions and social conflict, but it was now deadlocked by rival parties over a 'constructive decision' like demonetisation.
Might use it to counter Opposition campaign on land issue.
Proceedings in Rajya Sabha were repeatedly disrupted on Monday before being called off for the day as opposition members protested on the alleged phone-tapping and other issues and demanded discussions on them in the House.
Meet India's key ministers who have promised to revive the economy and improve the infrastructure of the country.
Coming down hard on the government for meagre increase in allocation for armed forces in the last few years, the Parliamentary Standing Committee on Defence said the outlay cannot even fulfill the basic requirements of the armed forces.
The Congress on Monday downplayed reports of a disagreement between Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee over Dr Singh's offer to appear before the Parliamentary Accounts Committee over the 2G spectrum issue, saying Mukherjee was only underlining the legal position. "The finance minister has himself clarified his statement. Mukherjee was only underlining the legal position that it was not binding on the PM to appear before the PAC," Cong said.
Announcing the name of candidates for the West Bengal assembly polls, Chief Minister Mamata Banerjee on Friday said she will be contesting from the Nandigram constituency as announced earlier.
The bills, including some key finance legislations, were passed during the course of a few hours in the post-lunch period.
'We had decided that India was unique and had overcome Covid.' 'Other nations ordered vaccines on time.' 'They let their scientists determine whether the battle against the pandemic was won instead of a divinely inspired leadership,' asserts Aakar Patel.
We ask you to rate the pradhan sevak and his ministers on four criteria: Vision. Execution. Efficiency. And their response to the public.
The Congress on Monday distanced itself from former Finance Minister P Chidambaram's statement that the banning of Salman Rushdie's controversial novel 'The Satanic Verses' by the Rajiv Gandhi government was wrong.
Several Indian companies might have to set aside 2 per cent of their average net profits during the preceding three years to meet corporate social responsibility (CSR) spending requirements. A parliamentary standing committee on finance, which vetted the Companies Bill, 2009, said in its report that the ministry of corporate affairs has agreed to the suggestion.
The scheme initially envisaged conferment of proprietary rights of around 20.55 lakh kanals of land (1,2,50 hectares) to occupants of which 15.85 per cent of land was approved for vesting of ownership rights.
The Trinamool Congress (TMC) on Sunday alleged that Dinesh Trivedi, who resigned from the Rajya Sabha on Friday, took the 'House for a ride' and was 'allowed' to use the floor of the House for his 'devious political ends'.
The tax would create a single market in India for the first time.
Jaitley slams Rajan for MSME banking crisis statement, says postmortem is easier than action
The government on Friday raised as much as $1.4 billion through share sales, in a push to shore up state finances before it heads into a tough parliamentary election next month.
The winter session of Parliament will start from November 24 and conclude on December 23 during which a heavy legislative agenda is on the cards.
The monsoon session of Parliament is likely to begin in the third week of July and end by mid August.
The National Democratic Alliance government is keen on the passage of the Insurance Bill before Prime Minister Narendra Modi's visit to the US to send out a message that economic reforms are back on track in India. Anita Katyal reports
According to the 'Mood of the Nation Poll' conducted by television news channel India Today, Modi's personal popularity remains intact half-way into his term as prime minister of the world's largest democracy.
Vice Chairman Harivansh regretted that 78 hours of business were lost due to disruptions and that the House functioned for only 27 hours.
The government banks on the support of the Bharatiya Janata Party to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.
Karnataka Chief Minister Siddaramaiah has retained key portfolios of finance, industries and energy, while K J George would be the new home minister.
At the meeting, Gandhi described bills on Food Security and Women's Reservation as 'most important' legislative agenda of the government.
Finance Minister P Chidambaram on Wednesday said it was doubtful whether any key legislation, except for the vote-on-account, would be passed in the current session of Parliament.
Venkaiah Naidu told the members that provocative statements are being used by anti-BJP forces to deflect the attention from Prime Minister Narendra Modi's development agenda.
The former bureaucrat said he will take measures which the economy requires in a timely manner and as the first step, will meet the heads of public sector banks.
As a member of his Cabinet, the former finance minister would give valuable inputs because of his knowledge of parliamentary and government history, Modi said, adding that he will always miss his presence and called him an "encyclopedia".
Modi termed it a 'historic document' to fulfil his government's aim of 'sabka sath sabka vikas'.
Hours before Bharatiya Janata Party's Parliamentary Board meeting in New Delhi, senior party leader Murli Manohar Joshi had called Gujarat Chief Minister Narendra Modi as "chokh maal" (best product).
Food inflation, according to the data released earlier in the day, further rose to 19.95 per cent for the week ended December 5.
The Reserve Bank of India may go in for further tightening of money supply as there is no likelihood of inflation coming to single digit in the next six months, according to indications given by the central bank governor to a parliamentary panel.
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