Section 45 in the new Bill says no claim can be repudiated after three years of the policy being in force, even if a fraud is detected, has sent life insurers into a tizzy.
The new system will allow all government employees to mark their attendance from any central government department, by entering a six-digit unique number, besides finger prints or iris scan.
The Bill suggests an insolvency regulator.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
A bill to auction coal mines is also likely to be passed later.
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
'She really doesn't care if she is called heartless.' 'For her, the job needs to be done. That's all that matters.'
The government and opposition were on Thursday united in criticising the functioning of the judiciary while seeking to scrap the collegium system of appointing judges to higher courts, saying it is essential to restore the delicate balance of power which has been disturbed.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
As real estate is about a tenth of the Indian economy, the extent of black money floating around in the sector is huge.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
Television news. Anarchists. Special Status for UP! And that man-who-wants-to-be-Pradhan Mantri so baaad. Sherna Gandhy takes them on.
The National Democratic Alliance government's parliamentary managers have a busy weekend ahead, says Rediff.com contributor Anita Katyal.
Hundreds others were wounded many of whom received bullet and pellet injuries and are undergoing treatment in various hospitals.
The 'nonsense' slur hurled at the Cabinet approved ordinance cannot apply only to the PM and his ministers. Soniaji must also share responsibility, says Bharatiya Janata Party patriarch L K Advani in his blog.
'Give time to the 2013 Act to work. I not only think that the 2013 law is workable, I believe that the 2013 law is a compromise, a balanced middle path and protects the interests of land owners and livelihood losers.'
The speaker said she was ready to start the debate right away if the House agreed. The debate has been listed in Monday's list of business under Rule 193.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
A tally of less than 45 seats in the Lok Sabha reduces Congress to a regional party, just a shade better than the All India Anna Dravida Munnetra Kazhagam's 33 seats, making it vulnerable to a split if the party leadership does not get its act together, warns Neerja Chowdhury.
Union Finance Minister Arun Jaitley explains the future of the Land Acquisition Law in India
