The Congress on Wednesday claimed that there was nothing wrong in former Union minister A Raja and Suresh Kalmadi being made members of Parliamentary Standing Committees. While Raja is the main accused in the 2G spectrum scam, Kalmadi is a prime accused in the Commonwealth Games scam.
The panel had called him on the issue of the citizens' data safety.
As chairman of the parliamentary standing committee on finance, former finance minister, Yashwant Sinha, says he is committed to expediting the legislative work associated with important Bills, including the direct taxes code (DTC) and Goods and Servies Tax.
The new Companies Bill, which was first introduced in the Lok Sabha in 2008, seeks to give a fillip to the cause of corporate social responsibility and corporate governance.
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.
A Parliamentary Standing Committee has recommended raising the limit of donations a company can make to the political parties in a year from 5 per cent to 7.5 per cent of the average net profits in three immediate past financial years.
Amid controversy over the Jet Airways-Etihad deal, the Prime Minister's Office on Tuesday said the stake sale matter was still under examination and the issues raised have been referred to various concerned ministries.
The committee members from the ruling and Opposition parties, in separate interactions with BSE and NSE, termed the volatility as 'clueless' and wanted both the exchanges to pull up their socks.
Former Prime Minister Manmohan Singh, who is hailed as the architect of economic reforms in the country, is a member of the Parliamentary Standing Committee on Finance, it was announced on Tuesday.
A parliamentary standing committee has recommended that death penalty should be slapped on hijackers only if they kill any hostage or security men and not on anybody declared a hijacker.
It was perhaps for the first time that any parliamentary panel deliberated on a film before it had been approved by the censor board.
In its report, the panel asked it to 'enlighten it' whether the term 'central government' or 'Union government' was used at the time of framing of the Constitution.
While suggesting reorganisation of the CBI, Natchiappan said, "We recommend the implementation of the constitutional provision for institutionalising and reorganising the CBI as Central Bureau of Intelligence and Investigation and the Constitution already has a provision for it." But till the time a law is enacted for reconstituting or creating a federal crime agency, there should be a mechanism to hand over investigation of terror attack cases to CBI, in case it is needed.
Karat will be the third woman member after Najma Heptulla (Bharatiya Janata Party) and Prabha Thakur (Congress) were inducted into the body, which earlier comprised only men
Five months after YouTube was banned in Pakistan for hosting clips from a controversial anti-Islam film, authorities have said there are no plans to remove restrictions on the popular video-sharing website in the immediate future.
The Parliamentary Standing Committee on Finance has passed strictures against the finance ministry for the delay in introducing the draft direct tax code for legislation to replace the voluminous Income Tax Act, 1961.
Board of Control for Cricket in India vice-president Rajiv Shukla says there is "nothing wrong" with the Parliamentary Standing Committee on Finance, headed by Yashwant Sinha, summoning its president, Shashank Manohar, and Indian Premier League chairman Chirayu Amin to reply to questions on financial transactions related to the Twenty20 league.
It is high time to rethink the entire recruitment process for the civil services, the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice opined in its latest report.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
This is the first time that oath-taking of members will take place in the House chamber during the inter-session period so as to maintain norms of physical distancing due to COVID-19, officials said.
Congress general secretary Priyanka Gandhi Vadra was given a rousing welcome by thousands of people, including United Democratic Front leaders and workers, at Kalpetta in Wayanad on Wednesday as she prepares to make her electoral debut by filing nomination papers for the coming Lok Sabha bypoll.
The Code on Wages Bill, 2019 seeks to amend and consolidate the laws relating to wages, bonus and matters connected therewith. The Bill will subsume four labour laws -- Minimum Wages Act, Payment of Wages Act, Payment of Bonus Act and Equal Remuneration Act. About 50 crore labourers will benefit.
Tharoor questioned about the alleged hacking of phones using spyware Pegasus, to which the officials responded that the matter is subjudice.
Government on Thursday said it was "irrevocably" committed to making the proposed Lokpal a constitutional authority, criticising attempts by some people to "mislead" the nation on this issue.
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.
The committee members asked if SBI was waiting for private sector banks to announce their rates before it takes a call on the issue.
Despite government declaring it as a "top priority," the Women's Reservation Bill is unlikely to come up in the Budget session of Parliament beginning on Thursday.
After discussions, there may be changes the Bill.
Five private establishments, including Reliance Industries and Infosys, have failed to pay their dues on time to the government in return of the CISF cover provided to them.
This was suggested by a Parliamentary Standing Committee to the government keeping in mind the number of investigations being handed over to the already-burdened CBI. The committee observed that such a system will ensure that the agency's work 'will not suffer on account of shortage of funds' and the results would be met within a time-limit.
The government on Monday clarified that the controversial movement of troops towards Delhi in mid-January was a "routine" exercise, for which no permission was required from the defence ministry. Defence Secretary Shashi Kant Sharma, who appeared before the Parliamentary Standing Committee on Defence, told the panel that the movement of troops towards Delhi was a routine drill and no standard operating procedures were violated as it did not require permission from the govt.
Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.
Indian companies with a majority foreign shareholding will not get relief from the stringent norms that govern their contributions and donations within the country.
One hopes the new Lok Sabha will mark a break from a dismal tradition -- lack of interest in defence and security policies, argues Colonel Anil A Athale.
Corporate affairs minister Murli Deora has supported the recommendations of the Parliamentary standing committee to make spending under corporate social responsibility (CSR) mandatory under the proposed Companies Bill. Pending the Bill, the minister also announced a slew of measures to simplify procedures akin to the licence raj.
Low margins and cash crunch have resulted in job cuts and a decline in the insurance industry. A policy roadblock is making it worse.
Lashing out at Abhishek Singhvi on the draft Lokpal Bill, Team Anna on Wednesday accused the Congress leader of disrespecting Parliament by going against its commitment of including lower bureaucracy and Citizens' Charter in the ambit of the ombudsman.
The Parliamentary Standing Committee going into the Lokpal Bill has recommended keeping the judiciary and the MPs' conduct in the House out of its purview and rejected the demand for hiving off the anti-corruption wing of the Central Bureau of Investigation to come under its jurisdiction.
IDBI found itself in favour on reports that a parliamentary committee will meet the RBI governor to consider converting the financial institution into a universal bank.
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