Page-3 of Bills and Acts

Finance Bill, 2020 passed in Lok Sabha

On March 23, 2020, Finance Minister Nirmala Sitaraman introduced the Finance Bill, 2020. The bill was introduced and passed in Lok Sabha without any discussion. Key Features of the Bill The bill provides the financial proposals of the fiscal year ..

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Lok Sabha passes Aircraft (Amendment) bill, 2020

The Lok Sabha recently passed Aircraft (Amendment) bill, 2020. The bill was passed through voice vote in the lower house. The amendments are being made to fulfil the requirements of International Civil Aviation Organization. Highlights The amendment aims to regulate ..

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Motor Vehicles Act: 10% reduction of road accidents in 5 months

On March 16, 2020, the Minister of Transport Nithin Gadkari informed Rajya Sabha that there has been 10% decrease in road accidents since the passage of Motors Vehicles Act. Highlights During the Question Hour, the minister replied that India has ..

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Parliament passed Direct Tax Vivad Se Viswas Bill, 2020

On March 14, 2020, Parliament passed the Direct Tax Vivad Se Viswas Bill, 2020. The bill aims to reduce the number of litigation that are associated with direct tax payments. The Direct Tax Vivad Se Viswas concept was introduced by ..

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Insolvency and Bankruptcy Code (amendment) bill passed in the Parliament

On March 12, 2020, Insolvency and Bankruptcy (Amendment) bill, 2020 has been passed in the parliament. It was earlier passed by Lok Sabha and is now being passed by Rajya Sabha. Highlights The amendments were earlier introduced as ordinances. Now ..

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Mineral Law Amendment Bill passed in Lok Sabha

On March 6, 2020, the Lok Sabha passed Mineral Laws (Amendment) bill, 2020. The bill aims to amend Mines and Minerals (Development and Regulation) act, 1957 and also Coal Mines (Special Provisions) Act, 2015. Highlights The bill was passed in ..

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