Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: Central Excise rule to resale the machines to a new company :: form 3cd :: empanelment :: due date for vat payment :: VAT Audit :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
Budget Extravaganza »
 New look finance ministry team to frame contours of Budget 2018
 How presenting the Budget early seems to be paying off already
 Budget advancement helps Centre, states start spending early
 Five things that you can expect from the Mumbai civic budget today
 GST all set for July 1 rollout but casts shadow on state budgets
 Income-Tax collection revised in Rajasthan budget
 No new taxes likely in Maharashtra Budget
 H.P. budget devoid of any financial prudence
 GST, demonetisation todecide budget priorities
 Railways to come up with mini-budget tomorrow
 Budget today, but GST kills the tax suspense

In Budget session, LS spent 12 pc time and RS 6 pc on legislation
March, 28th 2011

Though Parliament's main job is to legislate, only six per cent of the productive time in the Rajya Sabha and 12 per cent in the Lok Sabha was spent for that purpose in the just-concluded Budget session, according to a new analytical study.

The study by non-profit group PRS Legislative Research also noted that this budget session was the shortest in a non-election year in the last two decades. Both Houses sat for a total of 23 days, it said.

"The session was cut short due to the impending Assembly elections in five states. As a result, the Parliamentary Standing Committees were not able to scrutinise the budget and it was passed without their consideration," it said.

The study also pointed out that usually, the Budget session is divided into two parts with a brief recess in between. The Committees use this recess period to analyse the budget proposals in detail, but this year, this was done away with.

"Lok Sabha spent 44 hours discussing the budget, and Rajya Sabha spent 23 hours," the study said.

Nine legislative bills were introduced during the session, it said. During the February 21-March 25 session, five bills were passed and one bill was withdrawn.

"This session saw a significant amount of time being spent on non-legislative debates. Over 30 per cent of the total productive time in both Houses was spent on issues such as the constitution of JPC, revelations made by WikiLeaks, etc.

In the Lok Sabha, 38 per cent of the productive time was spent in discussing the budget, another nine per cent was spent on the President's Address and only 12 per cent of the time was spent on legislation," the PRS said.

It noted that in comparison, the Rajya Sabha spent lesser time on legislation. Only six per cent of the productive time was spent in bill discussions.

Lok Sabha worked for 85 per cent of the scheduled hours and Rajya Sabha for 70 per cent, according to the study. "The Budget session began on a positive note, with the government and the Opposition arriving at a consensus on key issues such as the formation of a JPC. However, by the second week, both Houses saw frequent disruptions," it pointed out.

The study took note of the fact that the Question Hour was shifted to 2 pm in Rajya Sabha to contain disruptions.

"After the shift was affected, the average duration of Question Hour in Rajya Sabha was 43 minutes. During the same period, the average in Lok Sabha was 50 minutes," it said.

Six bills were taken up for discussion in the Lok Sabha and five bills in the Rajya Sabha. The Institutes of Technology (Amendment) Bill, 2010 saw the longest discussions which continued for approximately three hours with participation from 21 MPs.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions