Monsoon Session Of Parliament

Finmin plans to introduce Insurance Amendment Bill during monsoon session

The Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, may be introduced in Parliament in the upcoming monsoon session, sources said. The draft bill is ready and will be placed before Cabinet for its approval soon, sources said, adding, after Cabinet nod the Department of Financial Services under the finance ministry would begin the process for introduction of the Bill in the Parliament. The ministry hopes to table the Bill in Parliament during the upcoming monsoon session, sources said. Monsoon session of Parliament usually commences in July. Finance Minister Nirmala Sitharaman in this year's Budget speech proposed to raise the foreign investment limit to 100 per cent from existing 74 per cent in the insurance sector as part of new-generation financial sector reforms. "This enhanced limit will be available for those companies which invest the entire premium in India. The current guardrails and conditionalities associated with foreign investment wil

Cong seeks special Parliament session, white paper on inflation rise

The Congress on Tuesday targeted the Centre over the hike in excise duty on petrol and diesel and the rise in LPG cylinder prices, demanding the government call a special session of Parliament to discuss inflation and issue a 'white paper' on the matter. Its women's wing chief Alka Lamba urged the government to immediately reduce the prices of LPG, petrol and diesel, bring a strict policy to tame the prices of essential commodities and announce a special relief package for women and the poor. "The government has turned its back on inflation. Their only goal is to fill the coffers of the government and private companies. The common person of the country is bearing the brunt of this inflation," she said at a press conference here. Lamba also compared the prices of petrol, diesel and LPG under the United Progressive Alliance (UPA) dispensation and the Narendra Modi government. "In 2014, the price of petrol was Rs 72 per litre. But today, it is Rs 98 to Rs 100 per litre. In the Congres

Parl winter session: 39-member House panel set up to scrutinise ONOE Bills

The committee will have 27 members from the Lok Sabha and 12 from the Rajya Sabha

FinMin seeks expenditure proposals for 1st supplementary demands for grant

The first batch of Supplementary Demands for Grants for 2020-21 is proposed to be placed before Parliament in the ensuing monsoon session, the Finance Ministry said in an office memorandum

India's toy exports dip to $152 million in FY24 due to global headwinds

Union Minister Jitin Prasada informed Rajya Sabha that India's toy imports were recorded at $65 million in 2023-24

Bill to overhaul Waqf Act likely today in Parliament: 5 proposed changes

The draft Bill seeks to omit Section 40 of the Waqf Act, which is linked to the powers of the Board to decide if a property is Waqf property

'Chai, biscuits on me': Rahul Gandhi says ED raid being planned against him

Congress MP Rahul Gandhi said the Enforcement Directorate (ED) is planning a raid against him for his 'chakravyuh' comments made against Prime Minister Narendra Modi

'Divider in-chief Rahul Gandhi': BJP defends Anurag Thakur on caste row

Anurag Thakur triggered a row on Tuesday during his Lok Sabha speech by apparently targeting Rahul Gandhi by making veiled references to his caste

Anurag Thakur's caste remark 'on Rahul Gandhi' expunged; Oppn seeks apology

BJP MP from Hamirpur, Himachal Pradesh, Anurag Thakur stoked a political row on Tuesday over his controversial Lok Sabha speech, apparently targeted at Leader of Opposition Rahul Gandhi

Parliament updates: Budget proposes unflinching support to cooperative federalism, says FM in RS

Lok Sabha and Rajya Sabha news updates: Here are the latest updates on the developments in the Parliament

Indians are Arjun, will break Modi's chakravyuh: Rahul Gandhi's fresh salvo

Rahul Gandhi alleged that the Centre waived off Rs 16 trillion debt of the industrialists but collected Rs 8,500 crore from the poor Indians, who are unable to maintain "even the minimum balance"

Decoded: Why was the media confined to glass enclosures in Parliament?

Media personnel were stopped from proceeding to the main entrance of the Parliament, the 'Makar Dwar,' on Monday. In response, they boycotted interviews with any of the MPs

Parliament session all set to be stormy over Budget, coaching centre deaths

Congress Lok Sabha Whip Manickam Tagore has submitted an Adjournment Motion notice to discuss the delay in conducting Census 2021, which has delayed the implementation of women's 33 per cent quota

WATCH: Desh ka halwa bat raha hai, says Rahul Gandhi; Sitharaman face-palms

Addressing the Parliament on Budget 2024, Rahul Gandhi said the Centre failed social groups such as the farmers and youth, and double stabbed the middle class of India through 'tax terrorism'

Like Abhimanyu, India trapped in new chakravyuh: Rahul Gandhi on Budget

Budget 2024: The govt has stabbed the middle class both in the chest and in the back with this Budget, said the leader of the Opposition in Lok Sabha, Rahul Gandhi

Parliament highlights: Not possible to name every state in budget, says FM Nirmala Sitharaman

Lok Sabha and Rajya Sabha news: Catch all the news updates related to the developments in the Parliament here

Budget 2024: 'Cruel, madness' - internet angry over capital gains tax hike

Union Budget 2024: Several people took to social media platform X (formerly Twitter) to criticise the move, noting that it is painful for stock market investors

Budget 2024: Standard deduction limit in new tax regime raised to Rs 75,000

Union Budget 2024: Nirmala Sitharaman on Tuesday announced that the standard deduction limit under the new tax regime has been revised to Rs 75,000 from the existing Rs 50,000

Budget 2024: Prez Murmu offers customary 'dahi-cheeni' to Sitharaman. Pics

Union Budget 2024: FM Sitharaman and her team met with President Droupadi Murmu at the Rashtrapati Bhavan in New Delhi before heading for the Parliament to present the Budget

Budget 2024: When and where to watch Sitharaman's speech; other key details

Union Budget 2024-25 will be the seventh consecutive budget presentation by Sitharaman, a record streak by any finance minister of India, marking a key historical milestone.