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        Income Tax

        Amendments to be Moved to Banking Laws and Insurance Laws.

        March 16, 2012

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        Press Information Bureau

        Government of India

        Ministry of Finance

        16-March-2012 14:40 IST

        Amendments to be Moved to Banking Laws and Insurance Laws

        The official amendments to “The Pension Fund Regulatory and Development Authority Bill 2011”, “The Banking Laws (Amendment) Bill, 2011” and “The Insurance Laws (Amendment) Bill 2008” will be moved in the current session of the Parliament.

        The Union Finance Minister ShriPranab Mukherjee said during the Budget Speech in the LokSabha today that these amendments are based on the recommendation of the Standing Committee on Finance that has gone into details of the above bills.

        DSM/RC/SKS/43

        Amendments to banking and insurance laws to be moved in Parliament following Standing Committee recommendations. Amendments to the Banking Laws (Amendment) Bill, the Insurance Laws (Amendment) Bill and the Pension Fund Regulatory and Development Authority Bill will be moved in the current parliamentary session, the Finance Minister announced during the Budget speech, implementing recommendations of the Standing Committee on Finance.
                        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.
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                              Amendments to banking and insurance laws to be moved in Parliament following Standing Committee recommendations.

                              Amendments to the Banking Laws (Amendment) Bill, the Insurance Laws (Amendment) Bill and the Pension Fund Regulatory and Development Authority Bill will be moved in the current parliamentary session, the Finance Minister announced during the Budget speech, implementing recommendations of the Standing Committee on Finance.


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