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Tuesday, March 31, 2020

Parliament Winter Session 2019 Highlights: Lok Sabha passes bill giving way to reduction in corporate tax

Parliament Winter Session 2019 Highlights: The issue of rape and murder of Hyderabad veterinarian was raised in both houses on Monday.

By: Express Web Desk | New Delhi | Updated: December 2, 2019 10:42:06 pm
Finance Minister Nirmala Sitharaman She also mocked the Congress saying BJP only has workers and no relatives in the party. (File photo)

Parliament Winter Session 2019 LIVE Updates: Lok Sabha on Monday passed the Taxation Laws (Amendment) Bill to give effect to the reduction in corporate tax. The bill, moved by Finance Minister Nirmala Sitharaman, was criticised by opposition parties who remarked that the ordinance lacked long-term vision, mission and perspective.

Alleging that the finance minister is not ready to accept that Indian economy has plunged into a crisis, Chowdhury said he wonders whether the finance minister should be called ‘Nirbala’ Sitharaman instead of Nirmala Sitharaman as she seems to be afraid of speaking her mind.

In reply to the opposition’s comments, Sitharaman said although she has been told that she is the worst finance minister India has ever had, she is open to all kind of criticism. She also mocked the Congress saying BJP only has workers and no relatives in the party.

Live Blog

Parliament Winter Session entered its 11th day today. Follow this space for the latest updates

Highlights

    20:05 (IST)02 Dec 2019
    Lok Sabha and Rajya Sabha adjourned till 11 am on Tuesday

    Lok Sabha and Rajya Sabha adjourned till 11 am on Tuesday.

    20:00 (IST)02 Dec 2019
    Lok Sabha passes bill giving way to reduction in corporate tax

    Lok Sabha passes a bill giving way to a reduction in corporate tax.

    19:37 (IST)02 Dec 2019
    RS MPs want ban on conventional cigarettes, other tobacco products

    Rajya Sabha members largely supported a bill to ban the use and sale of electronic cigarettes in the country, but some opposition lawmakers said the government should also consider restricting the use of raw tobacco and conventional cigarettes, which are more harmful.
    Banning e-cigarettes alone will not help and if the government was really serious about the ill-effects of tobacco use, it should completely ban it across formats, which includes cigarette, beedi and gutkha and not single out e-cigarettes, some members suggested and pointed to "loopholes" in the bill. (PTI)

    19:36 (IST)02 Dec 2019
    No conclusive data to establish air pollution as cause of death or diseases: Govt

    There is no conclusive data available in India to directly establish air pollution as the cause of deaths or diseases, the government informed Parliament on Monday.
    Air pollution is one of the many factors affecting respiratory ailments and associated diseases. Apart from the environment, the health of an individual is impacted by food habits, occupational habits, socio-economic status, medical history, immunity and heredity etc, Minister of State for Environment and Forest Babul Supriyo told the Rajya Sabha. (PTI)

    19:34 (IST)02 Dec 2019
    Profiling of rape accused, convicts important: Meenakshi Lekhi

    BJP MP Meenakshi Lekhi said profiling of the rape accused and convicts is important. Addressing the issue based on research on their profiles can be one of the ways to tackle violence against women. Sensitising both boys and girls from a young age is also important.

    19:17 (IST)02 Dec 2019
    Because of PM Modi's decisions, BSNL is recovering from its crisis: Sitharaman

    Sitharaman says, "BSNL reached operative profit level because of efforts of Ravi Shankar Prasad and his ministry. Now, the employees have been given a pay package which they have agreed to." Because of PM Modi's decisions, BSNL is recovering from its crisis.

    19:15 (IST)02 Dec 2019
    Each time we come to give replies instead of name-calling: Sitharaman

    Nirmala Sitharaman says, "If it is in anyone's DNA to ask questions and run away before answers are given, it is some other party and not our party. Each time we come to give replies instead of name-calling."

    18:50 (IST)02 Dec 2019
    All women in our party are 'sabala': FM hits back at Adhir Chowdhury

    "Under Prime Minister Narendra Modi, two women have become cabinet ministers. A woman was given the defence portfolio... So, I would like to say I am Nirmala, will remain Nirmala... I want to put an end to Adhir Ranjan Chowdhury's concerns about whether I should be called Nirmala or 'Nirbala'. I would like to clarify all women in our party are 'sabala'," Nirmala Sitharaman hits back at Adhir Ranjan Chowdhury.

    18:38 (IST)02 Dec 2019
    Been told I am the worst FM, open to criticism, says Sitharaman

    In reply to the opposition’s comments, Sitharaman said although she has been told she is the worst finance minister India has ever had, she is open to all kind of criticism. She also mocked the Congress saying BJP only has workers and no relatives in the party.

    18:16 (IST)02 Dec 2019
    businesses registered under Company Act will be benefited: Sitharaman

    All the businesses registered under Companies Act will be benefited from this proposed corporate tax cut, says Sitharaman.

    18:10 (IST)02 Dec 2019
    Sitharaman says ordinance is prompted by global developments

    Sitharaman said she has been called a very bad finance minister. In reply to opposition's criticism on bringing in ordinance after tabling budget just a few months ago, Sitharaman says the ordinance is prompted by global developments.

    17:39 (IST)02 Dec 2019
    Govt obsessed with corporates, in love with electoral bonds, says Owaisi

    AIMIM chief Asaduddin Owaisi says, "Core sector production of the country has dropped to -5.2, a 14-year low." He says the government is obsessed with corporates and hates common people. "They are in love with Sensex, electoral bonds," he says.

    17:27 (IST)02 Dec 2019
    Only corporate giants will be benefited from proposed tax cut: RSP MP

    "Only 10-12% of the businessmen who are corporate giants are benefited by the corporate tax reduction. The benefit should effectively percolate to the smaller manufacturer," says RSP's N K Premachandran

    16:42 (IST)02 Dec 2019
    Selling PSUs to recover from fiscal deficit a wrong step: TDP MP Jayadev Galla

    TDP MLA Jayadev Galla says selling PSUs to recover from fiscal deficit is a wrong step. "By doing this, a time will come when there will be no PSUs to sell," he says. Demand and consumption are declining, he says, adding that along with putting more cash in the hands of people, govt should also give individual tax relief to the citizens.

    16:39 (IST)02 Dec 2019
    Why are people choosing to be NRIs, asks NCP's Supriya Sule

    "Why are people choosing to be NRIs if the conditions are so good in our country," asks Sule. Mentioning that Chidamabaram had suggested a list of measures to improve the economic condition of the country  for the last two years, Sule said, a good leadership means to take the criticisms positively and work on them.

    16:32 (IST)02 Dec 2019
    Sitharaman's measures are reactive, they should have been proactive: Supriya Sule

    "Sitharaman's measures are reactive, they should be proactive. But better late than never," says NCP's Supriya Sule.

    16:20 (IST)02 Dec 2019
    Tax rate should apply to LLPs, partnership farms, non-corporate entities: Mahua Moitra

    "If this bill was really to help everybody, especially MSME sector, then the tax rate reduction should apply to all entities. It should not apply to just the companies, it should apply to LLPs, partnership firms & other non-corporate entities also," says Mahua Moitra.

    16:08 (IST)02 Dec 2019
    GDP will lose its usefulness with time: BJP MP Nishikant Dubey

    BJP MP Nishikant Dubey says, "Don't look up to GDP as Bible, Ramayan or Mahabharat. GDP will lose its importance with time."

    15:51 (IST)02 Dec 2019
    Government wants to treat foreigners better than Indians: Mahua Moitra

    "The government wants to treat foreigners better than Indians. That is why FIIs are exempted from paying the taxes. I request you to treat the economic problem holistically, the tax cut will apply to all manufacturers," Mahua Moitra says.

    15:46 (IST)02 Dec 2019
    Govt wants to keep grey areas that officials can misuse: Moitra

    Reduction in corporate tax rates only benefit those making profits, says Mahua Moitra, adding that government wants to keep grey areas that officials can misuse.

    Earlier in the day, the issue of rape and murder of Hyderabad veterinarian was raised in both houses of Parliament. Defence Minister Rajnath Singh said that the government is ready for discussion on crime against women and to explore strongest provisions in laws. Referring to the Hyderabad vet rape case, he said, "This act has brought shame to the entire country. It has hurt everyone. The accused must be given the most stringent punishment for their crime."

    Jaya Bachchan said in Rajya Sabha that rapists need to be brought out in public and lynched. Rajya Sabha Chairman Venkaiah Naidu also expressed outrage on crimes against women. Senior Congress leader Ghulam Nabi Azad said in Rajya Sabha that no government or leader would want that such incident occurs in their state. Lok Sabha speaker Om Birla said that Parliament is worried about the incidents taking place in the country.

    Aam Aadmi Party MP Sanjay Singh Monday gave Suspension of Busines Notice in Rajya Sabha under rule 267, over 'increasing crime against women and Hyderabad incident. All India Trinamool Congress Revolutionary Socialist Party, Siv Sena, Congress gave Adjournment Motion Notice in Lok Sabha over 'gang rape and killing of girls in Hyderabad'.

    Meanwhile, Minister of State for Agriculture and Farmers Welfare Parshottam Rupala said in Rajya Sabha on Friday, that the central government is formulating a scheme to find a permanent solution to end stubble burning.

    Bhopal MP Pragya Singh Thakur apologised twice in Lok Sabha for her remarks on Nathuram Godse. She had earlier claimed that her statements were 'misinterpreted' after which Speaker Om Birla called a meetng of floor leaders of different political parties to the row over the legislator's statement.

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