Budget Session begins: Modi ‘hopes’ for breakthrough on GST; 5 updates

TIL Desk/National/New Delhi/ The second part of the Budget Session of Parliament will begin on Thursday after a month-long recess.

Here are five latest updates:

The first part of the session started on January 31 and concluded on February 9 after presentation of Union Budget and passage of motion of thanks to President’s address to the joint sitting of both the Houses.

The Specified Bank Notes (Cessation of Liabilities) Act, 2017, was also passed by Parliament last month to eliminate the possibility of running a parallel economy using the old demonetised notes of Rs. 500 and 1,000.

Apart from the passage of Finance Bill, the government is keen to pass the much awaited legislations related to Goods and Services Tax (GST) during the month-long session which will continue till April 12. We hope for a breakthrough on GST, says PM Narendra Modi said ahead of Parliament session.

In the Lok Sabha, Maternity Benefit (Amendment) Bill, 2016 is slated for consideration and passage on Thursday. The Admiralty (Jurisdiction and Settlement of Maritime Claims), 2016 is slated for consideration and passage on Thursday.