Parliament Budget Session 2024: Finance Bill To Be Taken for Consideration and Passing in Lok Sabha Today

New Delhi, August 7: The Finance Bill for the financial year 2024-2025 which was moved by Union Finance Minister Nirmala Sitharaman on August 6, will be taken into consideration and passing in Lok Sabha on Wednesday. "Further consideration of the following motion moved by Nirmala Sitharaman on the 6th August 2024 namely, that the Bill to give effect to the financial proposals of the Central Government for the financial year 2024- 2025, be taken into consideration. Nirmala Sitharaman to move that the Bill be passed," the agenda read.

Earlier on Tuesday, Nirmala Sitharaman moved the Finance (No.2) Bill, 2024, for consideration in Parliament to give effect to the financial proposals of the central government for the financial year 2024-25. Union Ministers Jitendra Singh, Arjun Ram Meghwal, Pankaj Chaudhary, BL Verma, L Murugan, Satish Chandra Dubey, Ravneet Singh, Nimuben Jayantibhai Bambhaniaya, George Kurian will lay papers on the table in the Lok Sabha for their respective ministries. LTCG Relief on Properties: Centre Proposes Tax Relief for Property Owners by Offering Choice Between 20% Tax With Indexation or 12.5% Without Indexation.

Union Minister to make a statement regarding the status of implementation of the recommendations/observations contained in the 27th Report of the Standing Committee on Communications and Information Technology on Ethical Standards in Media Coverage" pertaining to the Ministry of Information and Broadcasting.

Union Minsiter Nimuben Jayantibhai Bambhaniaya to make a statement regarding the status of implementation of the recommendations contained in the 20th Report of the Standing Committee on Food, Consumer Affairs and Public Distribution on "Quality Control Cells (QCCs)" pertaining to the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution.

Meanwhile, in the Rajya Sabha, Nirmala Sitharaman to move The Jammu and Kashmir Appropriation (No.3) Bill, 2024, to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of the Union territory of Jammu and Kashmir for the services of the financial year 2024-25, as passed by Lok Sabha, be taken into consideration. Also to move that the Bill be returned. Government Proposes Amendment to Finance Bill to Give Relief on Property Transactions.

"Nirmala Sitharaman to move that the Bill to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of India for the services of the financial year 2024-25, as passed by Lok Sabha, be taken into consideration. Also to move that the Bill be returned," the List of Business read. Union Ministers Jayant Chaudhary, Ramdas Athawale, Nityanand Rai, Ajay Tamta, Sukanta Majumdar, and Harsh Malhotra will lay papers on the Table in the Rajya Sabha.

"Nimuben Jayantibhai Bambhaniaya will lay on the Table, under clause (2) of section 19A of the Comptroller and Auditor General's (Duties, Powers and Conditions of Service) Act, 1971, a copy (in English and Hindi) of the Report of the Comptroller and Auditor General of India on "Storage Management and Movement of Food grains by Food Corporation of India" - Union Government - Ministry of Consumer Affairs, Food and Public Distribution Report No. 20 of 2023 - (Performance Audit)," it added.

Moreover, Union Minister Rajiv Ranjan Singh alias Lalan Singh to make a statement regarding the Status of implementation of Recommendations contained in the 70th Report of the Department-related Parliamentary Standing Committee on Agriculture, Animal Husbandry and Food Processing on Employment Generation and Revenue Earning Potential of Fisheries Sector of the Department of Fisheries. The budget session of Parliament began on July 22 and is set to conclude on August 12.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)