Lok Sabha passes retrospective tax bill amid opposition protests against Pegasus and other issues



A view of Lok Sabha during the monsoon session of Parliament, New Delhi, August 6, 2021 | PTI

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New Delhi: Lok Sabha was adjourned for the day shortly after noon Friday after the passage of two bills, including one that proposes to end a controversial retrospective tax policy, amid protests from opposition members over Pegasus and d ‘other questions.

As the House convened for the day at 11 a.m., Speaker Om Birla began Question Time. However, members resorted to slogans about Pegasus spying on controversy and farm laws.

As the protests continued, the president urged the agitated members to return to their seats.

Debates lasted approximately 15 minutes, after which Birla adjourned the House until noon.

When the House resumed at noon, Rajendra Agrawal, who was in the chair, authorized discussions on the “Tax Laws (Amendment) Bill 2021”, which proposed changes to the Income Tax Law. and the 2012 finances to make it clear that no tax claim will be raised for any indirect transfer of Indian assets if the transaction took place before May 28, 2012.

After a brief statement by Minister of Finance Nirmala Sitharaman and careful consideration of the bill, it was passed by voice vote.

Likewise, another bill “The Central Universities (Amendment) Bill, 2021” aimed at establishing a central university in Ladakh was adopted by the House following a brief statement by the Minister of Education, Dharmendra Pradhan. .

After the passage of the two bills, the President announced the adjournment of the House for the day.

Lok Sabha will now resume Monday after the weekend break.

Read also: Rajya Sabha passes Insolvency and Bankruptcy Bill (Amendment) amid opposition protests

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