17th Lok Sabha Updates: RS supports setting up of NFC, Upper House adjourned for the day
New Delhi, July 19: The Lok Sabha on Friday passed the Protection of Human rights (Amendment) Bill 2019 which will make the National Human Rights Commission and state human rights commission more representative and powerful. The amendment reduces the tenure of chairpersons of national and state human rights bodies to three years from the current five years. It also stipulates that besides a former chief justice of India, as is the current requirement, a former Supreme Court judge can also become NHRC chairperson.
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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