SIGN IN SUBSCRIBE

News Update

World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing SolutionsVoter turnout surpasses 50% by 4 PM in Phase 2 pollsST - Amendment made to FA, 1994 on 14.05.2015 making service tax applicable retrospectively on chit-fund business is only prospective - Refund payable of tax paid between 01.07.2012 to 13.05.2015: HCXI tells Blinken - China, US ought to be partners, not rivalsST - SVLDRS, 2019 - Amnesty Scheme, being of the nature of an exemption from the requirement to pay the actual tax due to the government, have to be considered strictly in favour of the revenue: HCCX - Issue involved is valuation of goods u/r 10A of CE Valuation Rules, 2000 - Appeal lies before Supreme Court: HCCus - Smuggling - A person carrying any article on his belonging would be presumed to be aware of the contents of the articles being carried by him: HCCus - Penalty that could be imposed for smuggling 3.2 kg of gold was Rs.88.40 lakhs, being the value of gold, but what is imposed is Rs.10 lakhs - Penalty not at all disproportionate: HCCus - Keeping in mind the balance of convenience and irreparable injury which may be caused to Revenue, importer to continue indemnity bond of 115 crore and possession of confiscated diamonds to remain with department: HCCus - OIA was passed in October 2022 remanding the matter to adjudicating authority but matter not yet disposed of - Six weeks' time granted to dispose proceedings: HCI-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HCChina asks Blinken to select between cooperation or confrontationI-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITATHonda to set up USD 11 bn EV plant in CanadaImran Khan banned from flaying State InstitutionsI-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITATPro-Palestine demonstration spreads across US universities; 100 arrestedI-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITATNATO asks China to stop backing Russia if keen to forge close ties with WestNY top court quashes conviction of Harvey Weinstein in rape case
 
Winter Session to discuss amendments in IBC, Indian Forest & GST Compensation Bills

By TIOL News Service

NEW DELHI, NOV 24, 2017: THE Cabinet Committee on Parliamentary Affairs (CCPA) today recommended convening of Winter Session of Parliament this year from December 15, 2017 to January 5, 2018, subject to exigencies of government business. This was informed by the Minister of Parliamentary Affairs Shri Ananthkumar to media persons after the meeting of CCPA.

Mr Ananth kumar further stated that the ensuing Winter Session will have a total of 14 sittings over a duration of 22 days.

The meeting was chaired by Union Minister for Home Affairs, Mr Rajnath Singh, to discuss legislative agenda for the coming session of Parliament.

Talking to media persons, Mr Ananthkumar noted that it is not unprecedented that the schedule of the Parliament Session has been decided so as to avoid any overlap with the Assembly Elections in the States. This practice has been followed on many occasions by different Governments in the past. Mr Ananthkumar appealed to all Political Parties for fruitful and constructive discussions on important Bills and ensure smooth functioning of both the Houses of the Parliament.

Answering a question on Triple Talaq & the National Commission for Backward Classes, Mr Ananthkumar stated that it is a strong desire of the people of India that Parliament should legislate on these two important issues and the Government is committed to respond to this desire.

Three Bills are to be taken up in the coming Winter session to replace three Ordinances viz.,

1. The Goods & Services Tax (Compensation to States) Ordinance, 2017 (promulgated on 02.09.17)

2. Insolvency & Bankruptcy Code (Amendment) Ordinance, 2017

3. Indian Forest (Amendment) Ordinance, 2017

Parliament will also discuss the Supplementary Demands for Grants in this Winter Session.


POST YOUR COMMENTS
   

TIOL Tube Latest

TIOL Tube
Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.

TOP NEWS

AR not Afar by SK Rahman

VISION 360



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

TII LATEST

TIOLCORPLAWS LATEST