Parliamentary Affairs Minister Priyaranjan Dasmunsi gave this information to reporters on Thursday.
Senior politicians and legal experts apprehended its misuse.
This has been a bone of contention between the UPA's allies.
Shah defended the government for not filing an appeal against the acquittal of all four accused, including the radical right-wing's Swami Aseemanand, in the 2007 Samjhauta Express blasts case.
A key bill to provide reservation to Scheduled Caste, Scheduled Tribe and Other Backward Caste under state seats in central education institutes in tribal areas was passed in the Rajya Sabha on Friday.
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remittance Scheme (LRS) of the Reserve Bank, to ensure that such expenses do not escape TCS (Tax Collection at Source). While moving the Finance Bill 2023 for consideration and passage in the Lok Sabha on Friday, Finance Minister Nirmala Sitharaman said the Reserve Bank has been asked to look into ways to bring credit card payments on foreign tours under the LRS. "It has been represented that payments for foreign tours through a credit card are not being captured under the Liberalised Remittance Scheme (LRS) and such payments escape tax collection at source (TCS)," she said.
Drawing continuous flak from the Supreme Court for not implementing the Lodha Committee recommendations, Board of Control for Cricket in India president Anurag Thakur on Monday said the state units are currently confused about some of the suggestions and need more clarity before complying.
A senior resident doctor said the decision came as Parliament's Monsoon Session was concluding on Friday and there was no point in carrying on with the agitation.
Tamil Nadu Governor R N Ravi stoked a fresh controversy on Thursday, remarking that the anti-Sterlite protests in the state in 2018 had been fuelled by foreign funds and was aimed at hindering progress. His comment instantaneously drew an outcry from the ruling Dravida Munnetra Kazhagam and its allies.
In Amman, Biden will meet with King Abdullah of Jordan, Egyptian President Abdel Fattah El-Sisi, and Palestinian Authority President Mahmoud Abbas.
Though it's debatable whether power to supersede bank boards can adequately safeguard against the problems created by banks promoted by those with interests in other industries, the finance ministry has at least shed its reluctance to bulldoze the Reserve Bank of India.
The Indian rupee may remain under depreciation pressure on account of plateauing of exports and subsequent widening of the current account deficit, said the Economic Survey 2022-23 tabled in Parliament on Tuesday. It said the "risks to the current account balance stem from multiple sources". The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended September from 2.2 per cent in April-June due to higher trade gap, as per latest data of the Reserve Bank of India.
The Punjab and Haryana high court on Monday refused to vacate the stay granted by it last month on Haryana government's decision to grant reservation to Jats.
According to proposed norms, companies will need to spend at least 2 per cent of net profit on corporate social responsibility-related activities.
Sharp differences within the Bharatiya Janata Party surfaced on Thursday on the Women's Reservation Bill.
'The government and corporate sector must join hands to implement action which allows all of India to develop. It would be good for the corporate sector in the long run.' 'It is not that talent is a monopoly of a few castes who have been privileged over centuries. Talent also exists in other groups. They need opportunity and exposure,'
Rediff.com gives readers a chance to evaluate the performance of the economist-turned-politician as he starts his seventh year as the head of the state of the world's biggest democracy. Participate in the rediff.com poll to rate the PM's performance.
A bill to amend Banking Regulation Act, which will enable RBI to lower the mandatory limits on statutory liquidity ratio for commercial banks, will be introduced in Parliament soon.
Select committees on Mines and Minerals Amendment Bill and Coal Mines Bill recommended their approval without any change
The Bharatiya Janata Party on Thursday sought to re-unite the opposition by apologising on behalf of the seven Members of Parliament suspended for unruly behaviour and demanding that the government express regret for using marshals during the passage of the Women's Reservation Bill. Opposition parties and those supporting the United Progressive Alliance government from outside like Rashtriya Janata Dal, Samajwadi Party and Bahujan Samaj Party were united against it.
A day after the Trinamool Congress abstained from voting on women's reservation bill in the Rajya Sabha, party supremo Mamata Banerjee tonight met Congress president Sonia Gandhi and explained her party's stand.
Trinamool Congress chief and Railway Minister Mamata Banerjee attributed her party's abstention from voting on the Women's Reservation Bill in Rajya Sabha to a "communication gap" and said she was committed to the Constitutional amendment.
When the House reassembled at noon after the first adjournment, members of Samajwadi Party, Rashtriya Janata Dal, Janata Dal-United and Lok Janshakti Party rushed menacingly to the well shouting 'marshal bulao' (call the marshals), prompting Speaker Meira Kumar to immediately adjourn the House till 1400 hours.
As soon as the Question Hour began, the issue was raised by Ramgopal Yadav (SP) and supported by RJD members. Even CPI-M leader Sitaram Yechury favoured the revocation of the suspension. Members from the treasury benches, however, insisted that the suspended members should tender apology.
The resident doctors will hold a meeting on Friday evening to decide the future course of action.
Rashtriya Janata Dal chief Lalu Prasad on Tuesday said he would hand over to President Pratibha Patil on Wednesday a letter withdrawing support to the United Progressive Alliance government, over the issue of the Women's Reservation Bill, while SP supremo Mulayam Singh Yadav remained non-committal on the issue.
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
The Samajwadi Party on Sunday pointedly accused the Congress-led United Progressive Alliance government of attempting to 'blackmail' party supremo Mulayam Singh Yadav , who had earlier threatened to withdraw his party's support to the ruling coalition.
In a rare legislative action, a private member's Bill seeking to protect the rights of transgenders was passed unanimously by voice vote in Rajya Sabha on Friday.
The minister further said the Sri Lankan government is holding continuous interactions with the Tamil diaspora and people and leaders living in different parts of the world.
A bill to auction coal mines is also likely to be passed later.
The programme backs the repeal of POTA and reservations for women
As the fracas over the coal-gate continued for the 12th day in Parliament, Bahujan Samaj Party supremo Mayawati on Thursday alleged that the United Progressive Alliance government was playing a double game on the SC/ST quota Bill, and urged it to get the House in order first.
The US economy has been growing comfortably for several quarters.
When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.
Applying for a loan? Check if you've paid your telephone bill or insurance premium first. Soon, your loan proposals will not depend only on your credit card and debt payment record with banks but also on whether you've paid your phone bill, insurance premium and stock broker dues on time.
All the four suspended Rajya Sabha members of Samajwadi Party have met Chairman Hamid Ansari and apologised for their unruly behaviour on Monday over the Women's Reservation Bill, a move that could pave the way for revocation of their suspension.
No signs of tension reflected on the faces of Prime Minister Manmohan Singh, Congress President Sonia Gandhi and Finance Minister Pranab Mukherjee. The trio in fact stayed back in Lok Sabha even after the House was adjourned for an hour.
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