Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :

        Budget passed without discussion in LS as protests continue

        March 14, 2018

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        New Delhi, Mar 14 (PTI) The government on Wednesday got the Budget for fiscal year beginning April 1 passed in Lok Sabha without discussion by applying the guillotine process as the Opposition paralysed the functioning for the eighth day.

        Finance Minister Arun Jaitley moved the Finance Bill 2018, which contains taxation proposals of his fifth and final budget, as well as the appropriation bill that details spendings in various departments, amid din created by slogan-shouting opposition. The bills were passed by voice vote.

        Ruling BJP-led NDA has an absolute majority in the Lower House of Parliament.

        The appropriation bill was approved after a guillotine was applied which essentially means that all outstanding demands for grants from various departments are put to vote at once whether they are discussed or not.

        With the passage of the Finance Bill and the Appropriation Bill, the budget exercise is complete in the lower house.

        Technically, the two Bills also have to go to Rajya Sabha but since they are money bill they would be considered approved if the Upper House of Parliament does not return them within 14 days.

        The Opposition has an upper hand in the Rajya Sabha.

        The functioning of both houses of Parliament has been stalled since the second half of the Budget session began on March 5 as opposition parties raised issues ranging from India's biggest bank fraud to division of Cauvery river water and special package to Andhra Pradesh.

        Neither Lok Sabha or Rajya Sabha has transacted any substantial business in the past eight days.

        Earlier this week, the BJP had issued a three-day whip to its members to be present in the House.

        Budget passage is a constitutional obligation without which the government cannot spend a single penny on its functioning.

        Opposition parties protested against passing of the Budget without a debate as the session is to continue till April 6.

        Appropriation requirement: Budget passed in Lok Sabha via guillotine, Finance and Appropriation Bills advanced amid protests. Passage of the annual budget in the Lower House occurred through application of the guillotine process, with the Finance Bill containing taxation measures and the Appropriation Bill authorizing departmental spending both carried by voice vote despite sustained opposition protests; as money bills they will be deemed approved by the Upper House if not returned within fourteen days.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Appropriation requirement: Budget passed in Lok Sabha via guillotine, Finance and Appropriation Bills advanced amid protests.

                                Passage of the annual budget in the Lower House occurred through application of the guillotine process, with the Finance Bill containing taxation measures and the Appropriation Bill authorizing departmental spending both carried by voice vote despite sustained opposition protests; as money bills they will be deemed approved by the Upper House if not returned within fourteen days.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found