17th Lok Sabha Live: Budget Session likely to be extended till Aug 2, say reports
New Delhi, July 19: External Affairs Minister S Jaishankar gave a formal statement on the ICJ verdict in Kulbhushan Jadhav case. He called upon Pakistan to repatriate the ex-navy officer who is Pakistani jails.
The Finance (No. 2) Bill, 2019 was passed in the 17th Lok Sabha on Thursday. Finance Minister Sitharaman said that the tax proposals in the Finance Bill 2019 are aimed at improving the ease of living and reducing pain of the citizens.
It will bring clarity in Central Road and Infrastructure Fund and reduce Corporate tax from 30 to 25 percent for companies with a turnover of up to 400 crore rupees. This decision, she added, will benefit about 99.3% of the 1.5 million companies in the country. The minister clarified that the amendment to the Reserve Bank of India Act is to strengthen its regulatory powers with regard to Non Banking Financial Companies.
The Parliament session will continue till July 26. The Economic Survey was presented on July 4 followed by the Union Budget for 2019- 20 on July 5.
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