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Leaders of Congress, other opposition parties to meet President

IANS  |  New Delhi 

Leaders of and other opposition parties will meet President on Thursday over issue and the manner in which amendment bill was passed in

The on Tuesday passed amid opposition protest an amendment bill to facilitate levy of 60 per cent on undisclosed

"and other opposition parties will meet the President (Pranab Mukherjee) at 7 p.m. tomorrow (Thursday) over the issue and manner in which amendment bill was passed in the without any debate and discussion," said an informed source.

Among the parties which are likely to meet the President apart from are CPI(M), CPI, Trinamool Congress, BSP, Samajwadi party and others.

The opposition parties had been staging protests in the Parliament over the issue of

In the Lok Sabha, the Taxation Laws (Second Amendment) Bill, 2016, was passed as the opposition protested and raised slogans against the government.

According to the Bill, the declarant will have to pay a of 60 per cent and an additional surcharge of 25 per cent of the (i.e. 15 per cent of income), resulting in a total component of 75 per cent.

Union Finance Minister Arun Jaitley, while moving the bill for consideration and passing, called it one of the steps by the Centre to curb black money.

Opposition members raised slogans against the Centre's decision to scrap Rs 500 and Rs 1,000 currency notes, which led to cash crunch across the country.

Members complained that they were not able to move for changes as certain amendments needed President Pranab Mukherjee's assent.

As the opposition protested, Mahajan's said the bill should have been debated but could not be since the house was not maintaining order.

Amid the ruckus, the bill was passed by voice vote, and the house was adjourned for the day.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 30 2016. 22:44 IST