Parliament: LS passed Taxation Laws Bill, both houses adjourned till tomorrow

New Delhi, Nov 29th, 2016: Another day of winter session of Parliament witnessed uproars and sloganeering over demands of Prime Minister Narendra Modi’s presence in the House by the opposition parties to debate the government’s decision to demonetise Rs 500 and Rs 1000 notes .

However, with the repeated adjournments of Lok Sabha and the Rajya Sabha, the lower house had passed the Taxation Laws (Second Amendment) bill 2016.

Tenth Day:

Prime Minister Narendra Modi in BJP parliamentary board meeting said:

  • The Income Tax Amendment Bill is not to turn black money into white, but to use money looted from poor for welfare.
  • He asks all BJP MPs and MLAs to give details of their bank transactions from Nov 8 to Dec 31 to the party president Amit Shah.
  • JDU, BSP, DMK skip meet as Opposition decides to continue the attack on govt over demonetisation.
  • RJD, NCP join opposition parties in meeting ahead of Winter Session debate on demonetization.
  • Opposition leaders in the meeting decided to reiterate demand for PM Modi’s apology for his remarks, and for discussion under rule 56 in Lok Sabha, says sources.

opposition-wefornews

  • Opposition meeting starts with Left, TMC, SP leaders; Gulam Nabi Azad also present in the room; before entering the meeting, Mallikarjun Khade said, “We will continue our demand as usual in House.”

Parliamentray meet-wefornews

  • BJP parliamentary board meeting begins in the presence of Prime Minister Narendra Modi. Union ministers Arun Jaitley, Venkaiah Naidu, RS Prasad and BJP national president Amit Shah also present.

Live Updates:

Rajya Sabha:

  • Ruckus over sloganeering against PM Narendra Modi. Deputy chairman Kurien adjourns House till 11am on Wednesday.
  •  Leaders from all anti-BJP fronts walk up to the Well and shout “Pradhan Mantri Sadan me aao”, demanding PM Narendra Modi’s presence in the House.
  • Deputy chairman Kurien dodges questions from members on Prime Minister Narendra Modi’s presence in the House. “Speak only on the point of order, else sit down,” he insists.
  • Rajya Sabha adjourned till 2pm.
  • Opposition shouts slogans demanding PM Modi’s presence in the House.
  • Amid the ruckus and loud protests, the house was adjourned till 12 p.m.
  • As members assembled for the day, BSP leader Mayawati demanded Prime Minister Narendra Modi address the demonetisation issue.

Lok Sabha:

  • Lok Sabha adjourned till 11 AM tomorrow.

The Taxation Laws (Second Amendment) Bill 2016 passed in Lok Sabha.

Finance Minister Arun Jaitley on Demonetisation and Income tax law:

  •  “PM made a huge announcement on November 8 to fight the menace of black money and corruption in the country.”
  • The government moved amendments in Income tax law after it saw that a few ppl were still trying to convert black money into white post-demonetisation.
  • Disruption in Lok Sabha continues, adjourned till 2.30pm.

  • Lok Sabha adjourned till 2pm.
  • Speaker Sumitra Mahajan tries to contain the uproar, but demands for an apology from PM Modi grow louder.
  • Lok Sabha adjourned till 12 noon as opposition members created the ruckus over the fiscal chaos following the demonetisation.
  • Parliamentary affairs minister Venkaiah Naidu said: “I can’t understand why Opposition is not ready to debate, Aakrosh rally was a flop, people made fun of them.”
  • Soon after the house met, opposition members raised slogans against the Centre’s note ban move. They wanted a debate on the issue under an adjournment motion which entails voting.
  • Lok Sabha adjourned till 11:30 am.

CHECK OUT WINTER SESSION IN PARLIAMENT TILL DATE

On day Nine, Both the houses of Parliament ran into chaos over demands of Prime Minister Narendra Modi’s presence in the House by the opposition parties to debate the government’s move to abolishing Rs 500 and Rs 1000 notes.

However, Finance Minister Arun Jaitley introduced a bill in Lok Sabha to amend the Income Tax law. The Taxation Laws (Second Amendment) Bill, 2016 proposes to amend Section 115 BBE of the Income Tax Act to provide for a punitive tax, surcharge and penalty on unexplained credit, investment, cash and other assets.

Read More: Parliament Live: Both houses adjourned; oppn protest against demonetization

On day Eight, the Parliament ended with heavy chaos over Prime Minister Narendra Modi’s absence. Amid the chaos, Lok Sabha and Rajya Sabha were adjourned.

Read More: Parliament: Oppn demands apology from PM; both houses adjourned till Monday

On day seven, Prime Minister Narendra Modi has finally decided to speak at the Rajya Sabha. Opposition parties stand unitedly to fight against Modi’s demonetisation move, the government on Wednesday reached out to rivals, seeking a debate to end the impasse in Parliament where protests have washed out proceedings from last 6 days.

Read More: Parliament: RS adjourned for the day, Opposition firm on PM’s presence

On day six, almost the entire opposition put up a united front against demonetisation paralysing Parliament’s functioning over the mode of discussion on the issue and the Prime Minister’s presence during debates on the issue.

On day five, the Winter session of Parliament, both Lok Sabha and Rajya Sabha failed to conduct business as the opposition parties demanded Prime Minister Narendra Modi’s participation in the House debate over demonetisation move. However, the PM chose to skip the house even today.

Read More: Parliament: 5th day of disruptions over demonetisation; Both houses adjourned

On day four, opposition parties put forward a united front in Parliament as they escalated attacks on the government over the demonetization issue. Both Houses had to be adjourned multiple times through the day only to be reconvened for a brief couple of minutes before pandemonium ensued again.

Read More: Parliament: Both houses adjourned until Tuesday amid ruckus over notes ban

On day three, both the houses of Parliament failed to conduct business as the opposition denied to halt its protests against the demonetization of Rs. 500 and Rs. 1000 currency notes.

Read More: Parliament Live: Both Houses adjourned till Monday amid uproar over notes ban

On day two, the war on demonetization was in the full swing against the central government in both houses of Parliament. After many adjournments, Rajya Sabha just after resuming at 3 pm, adjourned till today while the Lok Sabha was adjourned till today at 12 pm after uproar over demonetisation issue.

Read More: Opposition demands PM’s presence in RS; both houses adjourned over demonetisation row

On day one, Lok Sabha was adjourned after obituary references. While in the Rajya Sabha a serious discussion between the government and opposition took place about the demonetization move announced by Prime Minister Narendra Modi on November 8. The Opposition parties moved an adjournment motion in the Lok Sabha on day 2.

Read More: Parliament’s winter session begins today; oppn to raise demonetisation issue

 Wefornews Bureau

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