Parliament winter session from Nov 18

Parliament winter session from Nov 18

The next session of Parliament will start from November 18 and continue till December 13. The Ministry of Parliamentary Affairs on Monday announced that the Winter Session will start next month. Parliament is expected to take up a number of Bills in the upcoming winter session. Two crucial ordinances are also on the list to be converted into law during the winter session of Parliament.

One ordinance reducing the corporate tax rate for new and domestic manufacturing companies to arrest slowdown in the economy and boost growth was issued in September to give effect to amendments in the Income Tax Act, 1961 and Finance Act, 2019. The second ordinance, also issued in September, banned the sale, manufacture and storage of e-cigarettes and similar products. In the last two years, winter sessions have been convened on November 21 and ended in the first week of January.



PostedOn: 22 Oct 2019 Total Views: 162




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