Money Bills

Insurance, 8 other economic Bills to be taken up in Winter Session

The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025-26 would be brought in during the Winter Session which is scheduled from December 1-19. As per the list of Bills circulated with the members of Parliament for the upcoming session, the government proposes to introduce The Insurance Laws (Amendment) Bill, 2025, to raise the FDI limit in the insurance sector to 100 per cent, from 74 per cent, as part of new-generation financial reforms. So far, the insurance sector has attracted Rs 82,000 crore through foreign direct investment (FDI). Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The Bills

SC questions governors' authority to withhold assent to money bills

Appearing for the Centre, Solicitor General Tushar Mehta said Article 207 requires a governor's nod for introducing a money bill. So there's no scope for withholding by the governor once introduced

What is a money bill? What are its provisions and what is its significance?

When the Aadhaar Act in 2016 was passed as a money bill, it raised constitutional questions about money bills and their classification

Financial bill or not: Opposition raises concerns over Data Protection Bill

Ahead of the bill's introduction in the Lower House, the Opposition questioned if it is being tabled as a financial bill. It said that the bill needs to be considered a regular bill

RS returns 2 money bills authorising payment from Consolidated Fund in FY21

The bills, which were passed by Lok Sabha on September 19, were cleared in the Upper House with a voice vote and without any discussion

An ordinance tax boost

Short-term focus shifts to what extent the new measures will impact the fiscal deficit, accelerating non-tax revenue of the government

Passage of bills: Why a likely new record in July may be difficult to break

The inclusion of as many as 17 bills within the Finance Bill would automatically make them money bills and ensure their post-haste clearance without much debate

All in one

In the Rajya Sabha, Yechury voiced his concerns about govt bringing all key Bills as Money Bills