Mar 27, 2017: The Finance Bill, 2017, The Appropriation (Railways) Bill, 2017 and The Appropriation (Railways) Number 2 Bill, 2017 will be tabled in the Rajya Sabha today for consideration and return.
The Lok Sabha passed the Finance Bill on 22nd of this month, to give effect to the financial proposals of the Central Government for the financial year 2017-18.
In the bill, the Government has capped cash transactions at two lakh rupees instead of three lakh rupees. It is one of the important amendments introduced in the Bill. Finance Minister Arun Jaitley had moved 40 amendments to the bill. The Factories (Amendment) Bill, 2016 will also come up for consideration and passage in Rajya Sabha.
In the Lok Sabha The Mental Healthcare Bill, 2016 and The Constitution (Scheduled Castes and Scheduled Tribes) Orders (Amendment) Bill, 2016 will be taken up for consideration and passage. The Indian Institutes of Information Technology(Amendment) Bill, 2017 is also scheduled to be introduced in the Lok Sabha.
Our correspondent reports that the Goods and Services Tax- GST legislations is likely to be taken up in Parliament this week. (AIR NEWS)
