Loading...

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 characters 0/2000
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.
Relevance Default Date
    Airtel ends all prepaid mobile plans offering 1.5 GB data per day with unlimited calls
    ED arrests IBC resolution professional
    Mumbai cops bust fake documents racket; four arrested
    After nine years at helm, N Chandra to exit Tata Sons amid expansion, governance standoff
    RBI invites comments on the Draft “Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026”
    Sensex falls 188 pts amid elevated crude oil prices; Tata Group stocks decline after N Chandra's exit
    SJM urges govt to stand firm against US tariff pressure, calls for boycott of American products
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Fair Trading Practices and Taking ‘Make in India’ from Local to Global
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman delivers keynote address at Seminar on “Role of the New Development Bank in M...
    Delhi HC halts processing of IT-returns of Supreme Court, high court judges
    Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interference
    Powering India's Energy Freedom
    Fourth Session of the India-Namibia Joint Trade Committee held in New Delhi
    Winning in the AI Era: The New Playbook for Indian Banks - Inaugural Address by Shri Sanjay Malhotra, Governor, Reserve Bank of India at the FIBAC 202...
    Assam Cabinet okays funds for land acquisition for Guwahati satellite city
    ED arrests Chhattisgarh Congress leader in liquor 'scam' case; sent to 7 days' custody
    Sales Tax Assistant Commissioner arrested for demanding bribe of Rs 8 lakh
    Net direct tax kitty grows 23 pc to Rs 8.11 lakh cr on slower refunds, higher non-corp taxes
    Delhi court sets aside summon order in cheque bounce case
    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
❯❯
Maximize Maximize Maximize
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:
Show All Summaries Hide All Summaries
August 12, 2026
Show AI Summary
Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
August 12, 2026
Show AI Summary
Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
August 12, 2026
Show AI Summary
Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
August 12, 2026
Show AI Summary
Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
August 12, 2026
Show AI Summary
Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
Show AI Summary
Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
Show AI Summary
Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
Show AI Summary
Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
Show AI Summary
Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
Show AI Summary
Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.
August 12, 2026
Show AI Summary
Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
August 12, 2026
Show AI Summary
Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
August 12, 2026
Show AI Summary
Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
August 12, 2026
Show AI Summary
AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
August 11, 2026
Show AI Summary
Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
August 11, 2026
Show AI Summary
Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
August 11, 2026
Show AI Summary
GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
August 11, 2026
Show AI Summary
Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
August 11, 2026
Show AI Summary
Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
August 11, 2026
Show AI Summary
Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
PMLA, Black Money & ED

Valedictory remarks of the Vice President and the Chairman, Rajya Sabha, Shri M. Venkaiah Naidu on the conclusion of 248th session (Budget session) of the Upper House (Rajya Sabha) of Parliament

February 13, 2019

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Following is the text of valedictory remarks of the Vice President and the Chairman, Rajya Sabha, Shri M. Venkaiah Naidu on the conclusion of 248th session (Budget session) of the Upper House (Rajya Sabha) of Parliament:

Leader of the Opposition Shri Ghulam Nabi Azad ji, leaders of various parties and Members of the august House!

As we come to the close of yet another session, we are at a moment of reflection, a stock taking of what we have achieved and what we have not.

With a heavy heart I have to say that this short but important Budget session of Rajya Sabha turned out to be yet another wasted opportunity. This only reinforces the ‘dysfunctional pattern’ that has been evident over the last few years which is a matter of serious concern as it poses a serious threat to parliamentary democracy.

It is time for all sections of the House to evolve a ‘collective conscience’ to enable effective functioning of the House further to deep introspection to prevent any further damage to the standing of this august House which is also known as the House of Elders. Elders are usually expected to show the way to others.

This was the earnest hope with which I began this session. The optimist in me tells me not to lose the hope and instead wait for a turn around. I only hope that this would happen sooner than later.

Parliamentary democracy is all about ensuring governance through accountability to the people, the ultimate patrons and the ultimate masters. It is not only the accountability of the ‘executive’ to be ensured by the legislatures but the accountability of the ‘legislature’ and the ‘judiciary’ as well. What about the accountability of the legislatures and their failure to discharge the mandated functions? Rajya Sabha, as the second chamber of the apex legislature too is accountable to the people. It’s performance rankles me quite a bit.

This session being the last one before the general elections fast approaching, we need to know as to what extent this august House lived up to it’s role and responsibilities. In a new initiative, I would like to present the broad story of functioning of this august House over the last five years.

As the responsible electorate of our country are soon set to give another verdict, I thought that it would be appropriate and even necessary to present a ‘Report to the people’ on the functioning of Rajya Sabha during the five years since the people gave their verdict last time.

The legislature and the executive have the bounden duty of doing the needful responding to the wishes and aspiration of the people as conveyed in their mandate in the general elections. All the members of this august House would be well aware of the three critical functions of legislatures….Legislative, Deliberative and Accountability functions. We are supposed to make necessary legislations for the betterment of the country and the people, take up and deliberate on issues of public importance and ensure the accountability of the government of the day. Evidence suggests that we did not rise to the occasion in respect of all these three vital responsibilities. People of our country know this and if some don’t, they need to know. That is why a performance report is in order.

Since June, 2014, Rajya Sabha held 18 sessions and 329 sittings till today and passed only 154 bills. This comes to less than a bill in two sittings. The bills passed during this period is 34 lesser than the 188 bills passed during 2009-14 and an astonishing 58 bills lesser than the 251 bills passed by this House during 2004-09. These statistics clearly show that the legislative output of this House has substantially declined since 2014.

Question Hour is primarily meant to ensure the accountability of the executive of the day. Calling Attention Notices and Short Duration Discussions besides the Zero Hour and the provision for making ‘Special Mentions’  are meant for raising issues of public importance and concern. But we had shown scant regard for them.

Every Question Hour lost means an opportunity of seeking answers from the government on 8 issues of policy, implementation and governance by 40 members. Every Zero Hour lost means depriving 15 members from raising issues of immediate public importance. Similarly, if the House doesn’t function, about ten more members lose the opportunity of raising as many issues in the House.

Since June,2014, the productivity of this august House, in terms of the time available and the time utilized for taking up legislative business and the issues of public concern is only 60%. Who is to be held accountable for wasting 40% of the valuable time of this august House? I leave it to the conscience of all sections of the House.

Of the total 18 sessions over the last five years, the productivity of the House has been below the five year average of 60% in respect of 8 (Eight) sessions.

In terms of bills passed, it ranged from just one Bill in case of the Winter session of 2016 and the Budget session of 2018, two bills passed during the Monsoon session of 2015 to a maximum of 14 bills each passed during the monsoon sessions of 2016 and 2018.

While the sittings of the House per year during the last five years has been as per the trend of 60-70 days, the declining productivity and legislative output is a matter of deep concern. A large number of bills are pending consideration of the House, as you all know.

During the last five sessions that I have had the honour of presiding over, a total of 28 bills have been passed during 88 sittings which comes to less than a bill in three sittings. While three Bills were passed during the last Winter Session, this Budget session proved to be far less productive.

This session and the last one have witnessed heightened efforts by some sections of the House to force this august House into a kind of ‘suspended animation’. This has forced me to name some members of the House during the last session as I was worried about the public perception about the state of affairs in the House. Further logical action could not be taken as some senior leaders assured me that they would talk it out with the concerned parties and convince them not to disrupt the House any further. But it did not happen, unfortunately.

I have made my best possible efforts to enable normal functioning of the House but reason did not prevail. I have been regularly talking to leaders of various parties but my anguish had no impact. This only exposed the limitations of the chair in altering the scripts of some sections of the House. This is very unfortunate. If that be the situation, what is the way forward?

As the Hon’ble Members are aware, I have set up a two member committee, to examine the existing provisions of the Rule of Business of the House in terms of their adequacy to enable smooth functioning of the House. This report has been received and the same will soon be referred to the General Purposes Committee of the House.  I would like the Committee to take a final in view on the recommendations so that they could be made effective before the next full session of the House.

Hon’ble Members!

Ultimately, this august House would be what you want it to be. A performing one or a dysfunctional one. People of the country want it to be a performing one. If you have other ideas, you owe an explanation to the people, the ultimate masters.

During this Budget session with 10 sittings, as against the available total time of 48 hours, 39 hours 51 minutes has been lost due to disruptions. Productivity of the House during this session has been 4.79%.

Hon’ble Members

The looming prospect of this session ending up as one without passing any bill has been thankfully averted by late realization and some understanding today. As a result, 5 Bills have been passed today. But I suggest that the practice of passing bills without discussion is better avoided. 6 bills have also been introduced during this session. Only 16 Zero Hour submissions could be taken up during this session and no special mentions at all. We all agree that it was not enough.

I hope the ‘Report to the People’ on the functioning of the House during the last five years will be taken serious note of by the Hon’ble Members and the people at large.

Members of this august House are elected by those elected by the people. You are supposed to demonstrate higher sense of responsibility and ensure normal functioning of the House guided by the people’s concerns and their expectations.

Each of us must seriously think if we can collectively enhance the quality of debates, discussions and, most importantly, the demeanour. If you can follow procedures and use the available parliamentary tools, the hopes and aspirations of the people you are expected to articulate will be heard. If cacophony and disruptive spectacle becomes our House’s defining characteristic, we would have betrayed people’s trust in each one of us. I do hope we don’t allow further downslide in the coming sessions.

Hon’ble Members!

Despite all the shortcomings during the last five years, Rajya Sabha passed a few path breaking Bills positively impacting the socio-economic development of the country besides checking corruption and improving transparency. These include:

1. The Constitution (124th Amendment) Bill,2019 providing 10% reservation for economically weaker sections;

2. The Constitution (122nd Amendment) Bill, 2014 for introduction of GST and nine other related Bills;

3. The Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Amendment Bills, 2015 and 2018;

4. The Criminal Laws (Amendment) Bill, 2018 to prevent sexual abuse of children;

5. The Fugitive Economic Offenders Bill, 2018;

6. The Prevention of Corruption (Amendment) Bill, 2018;

7. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Bill, 2015;

8. The Insolvency and Bankruptcy Code, 2016 and the related Amendment Bill, 2017;

9. The Constitution (123rd Amendment) Bill, 2017 for setting up a National Commission for Backward Classes;

10. The Real Estate (Regulation and Development) Bill, 2016 to protect the interest of buyers and enhance the confidence in and credibility of the important real estate sector;

11.The Mines and Minerals (Development and Regulation) Amendment Bill,2015 and 2016 besides The Coal Mines (Special Provisions) Bill,2015 for auctioning of mines;

12. The Aadhar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Bill, 2016;

13. The Child Labour (Prohibition and Regulation) Amendment Bill, 2016;

14. The Commercial Courts, Commercial Divisions and Commercial Appellate Division of High Courts Bill, 2015; and

15. The Rights of Persons with Disabilities Bill, 2016.

Hon’ble Members!

There is a growing perception that our democracy is in danger through dysfunctional legislatures. The debates in the Constitution Assembly were full of difference of views, humour and hope. But the members still debated and gave us a fine document, the Constitution of India as the law of the land. Obstruction of proceedings can’t be allowed to emerge as the preferred form of parliamentary expression substituting informed debates. Our nation has just entered the 70th year of Republic. Legislatures and their hon’ble Members should discharge their noble responsibilities. As the House of Elders, we need to lead by example. This is a privilege that people bestow on a few. The expectations are high. Our responsibilities are onerous. We can ill afford to regret over lost opportunities we have had.

We must script a new chapter next time we meet, a chapter we can all be proud of.

Hon’ble Members

RSTV is the property of this august house. I am happy to inform that RSTV, on the 4th of this month crossed 2 million mark in terms of YouTube subscribers and has emerged as one of the leading channels has grown five times since then.

This reflects on the interest of the people in the proceedings of the House and related content. Hon’ble members may keep this in mind.

Though not a very productive session, I would like to thank all of you and particularly, the Rajya Sabha Secretariat for their efforts and hardwork.

Jai Bharat!”

Topics

Acts Income Tax