Money bill Current Affairs, GK & News
Spending Norms for Contingency Fund
Union government has changed spending norms for Contingency Fund of India. It has allowed 40 per cent of total corpus to be placed at disposal of expenditure secretary. Highlights Budget 2021-22 had proposed to enhance the Contingency Fund of India to Rs 30,000 crore from Rs 500 crore, through Finance Bill. As per new norm, ..
Month: Current Affairs - January, 2022
Category: Legal & Constitution Current Affairs
Topics: Money bill
Lok Sabha passes Finance Bill
Recently the Lok Sabha has passed the Finance Bill by voice vote without discussion. As per the Lok Sabha’s Rules of Procedure, A Finance Bill is a bill introduced every year to give effect to the financial proposals of the Government for the following financial year. It also includes a bill to give effect to ..
Topics: Finance Bill • Lok Sabha • Money bill
Supreme Court strikes down amended Finance Act rules
On 13 Nov, the Supreme Court struck down rules in the amended Finance Act 2017 on tribunals and directed the government to reformulate fresh norms with respect to appointment of tribunal members. The apex court directed that appointment in tribunals should be in accordance with respective statutes. The apex court’s decision was based on a ..
Topics: Government • Money bill • Public law • R (UNISON) v Lord Chancellor • Tribunal
Supreme Court strikes down rules in amended Finance Act 2017
On 13 Nov, the Supreme Court bench headed by Chief Justice Ranjan Gogoi struck down rules in the amended Finance Act 2017 on tribunals and directed the government to reformulate fresh norms with respect to appointment of tribunal members. The bench directed the Ministry of law to conduct impact study and submit report to the apex court. The ..
Topics: Government • Money bill • Public law • Supreme Court of India • Tribunal
Review petition in SC against the Aadhaar verdict
Imtiyaz Ali Palsaniya has filed a review petition in Supreme Court against the Aadhaar verdict in which the Supreme Court had upheld the constitutional validity of the Aadhaar. SC Verdict on Aadhaar A five-judge constitution bench while upholding the constitutional validity of Aadhaar had struck down various provisions of the in the Aadhaar Act. Important ..
Month: Current Affairs - December, 2018
Category: Legal & Constitution Current Affairs
Topics: Aadhaar Act • Aadhaar Verdict • CLAT • Money bill • Right to Privacy