17th Lok Sabha Live: Discussion on Human Rights (Amendment) Bill underway in LS
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.
On Friday, Home Minister Amit Shah will move The Protection of Human Rights (Amendment) Bill, 2019 to be passed, while Finance Minister Nirmala Sitharaman will introduce The Banning of Unregulated Deposit Schemes Bill, 2019 that provides a comprehensive mechanism to protect the interest of depositors.
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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