{"id":8921,"date":"2017-03-22T11:46:56","date_gmt":"2017-03-22T06:16:56","guid":{"rendered":"http:\/\/www.itatonline.org\/info\/?p=8921"},"modified":"2017-03-22T11:52:55","modified_gmt":"2017-03-22T06:22:55","slug":"download-imp-amendments-to-finance-bill-2017-as-introduced-in-the-lok-sabha","status":"publish","type":"post","link":"https:\/\/itatonline.org\/info\/download-imp-amendments-to-finance-bill-2017-as-introduced-in-the-lok-sabha\/","title":{"rendered":"Download Imp Amendments To Finance Bill 2017 As Introduced In The Lok Sabha"},"content":{"rendered":"<p>The Government has proposed several landmark amendments to the Finance Bill 2017 including provisions relating to the appointment of, and remuneration to, the ITAT Members. There is also a controversial provision to make the Aadhar card mandatory for filing income-tax returns. <\/p>\n<p>The amendments to the Finance Bill also provides for amendments to the Securities and Exchange Board of India Act, Consumer Protection Act, Administrative Tribunals Act, Income Tax Act, Cinematograph Act, Customs Act, Recovery of Debts Due to Banks and Financial Institutions Act, Electricity Act, Armed Forces Tribunal Act 2007 and the National Green Tribunal Act 2010 to bring the pay, qualifications, appointment, term of service, resignation, removal and terms and conditions of service under the Finance Act, Section 179.<\/p>\n<p>It may be recalled that the government began the process of merging tribunals earlier, with NCLT and its appellate body subsuming within them the board for industrial and financial reconstruction, its appellate authority and the company law board. It also introduced one permanent tribunal for interstate water disputes by merging existing ad-hoc bodies.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The Govt clubbed amendments to nearly 40 Acts with the Finance Bill. This shouldn&#39;t have been done: <a href=\"https:\/\/twitter.com\/DeependerSHooda\">@DeependerSHooda<\/a> AICC Press Briefing<\/p>\n<p>&mdash; INC India (@INCIndia) <a href=\"https:\/\/twitter.com\/INCIndia\/status\/844201180964126720\">March 21, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">This is a subversion of the Constitution, to bypass Rajya Sabha as Finance Bill is a money bill. This exposes govt&#39;s anti-democratic methods<\/p>\n<p>&mdash; Sitaram Yechury (@SitaramYechury) <a href=\"https:\/\/twitter.com\/SitaramYechury\/status\/844180265278869504\">March 21, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Today&#39;s Lok Sabha: &quot;40 existing Acts are proposed to be amended by means of this Finance Bill&quot;. Unprecedented in our legislative history<\/p>\n<p>&mdash; Raman Chima (@tame_wildcard) <a href=\"https:\/\/twitter.com\/tame_wildcard\/status\/844197692989292544\">March 21, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">40 laws r being amended under Finance Bill 2017. In short, Govt is misleading public, destroying constitution n screwing institutions!<\/p>\n<p>&mdash; Dhiraj (@AAPlogical) <a href=\"https:\/\/twitter.com\/AAPlogical\/status\/844378762917658624\">March 22, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Why you should be worried about tomorrow&#39;s Finance Bill.  <a href=\"https:\/\/t.co\/WyJwGfloCt\">https:\/\/t.co\/WyJwGfloCt<\/a> <a href=\"https:\/\/t.co\/v77dbQQjKo\">pic.twitter.com\/v77dbQQjKo<\/a><\/p>\n<p>&mdash; Rohan Venkat (@RohanV) <a href=\"https:\/\/twitter.com\/RohanV\/status\/843745363261509632\">March 20, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Finance Bill 2017 makes it even EASIER to harass coz they won&#39;t even have to give you an explanation or answer to courts. <br \/>Think about that.<\/p>\n<p>&mdash; Meghnad (@Memeghnad) <a href=\"https:\/\/twitter.com\/Memeghnad\/status\/844376590612156416\">March 22, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Some info on the <a href=\"https:\/\/twitter.com\/hashtag\/MonsterAmendmentstoFinanceBill?src=hash\">#MonsterAmendmentstoFinanceBill<\/a> follow. And trust me, that name is not hyperbole.<\/p>\n<p>&mdash; Raman Chima (@tame_wildcard) <a href=\"https:\/\/twitter.com\/tame_wildcard\/status\/844279123044450304\">March 21, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/aQW0wE0STT4?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe><\/div>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/b2FL51hddmo?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe><\/div>\n<p><div class=\"journal2\"><a href=\"https:\/\/www.itatonline.org\/info\/download-imp-amendments-to-finance-bill-2017-as-introduced-in-the-lok-sabha\/finance-bill-2017-amendments-march-2017\/#dlcenter\" rel=\"attachment wp-att-8922\">Click here to download the amendments to the Finance Bill 2017<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Government has proposed several landmark amendments to the Finance Bill 2017 including provisions relating to the appointment of, and remuneration to, the ITAT Members. There is also a controversial provision to make the Aadhar card mandatory for filing income-tax returns. The amendments to the Finance Bill also provides for amendments to the Securities and Exchange Board of India Act, Consumer Protection Act, Administrative Tribunals Act, Income Tax Act, Cinematograph Act, Customs Act, Recovery of Debts Due to Banks and Financial Institutions Act, Electricity Act, Armed Forces Tribunal Act 2007 and the National Green Tribunal Act 2010 to bring the pay, qualifications, appointment, term of service, resignation, removal and terms and conditions of service under the Finance Act, Section 179<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/info\/download-imp-amendments-to-finance-bill-2017-as-introduced-in-the-lok-sabha\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-8921","post","type-post","status-publish","format-standard","hentry","category-all-information","category-others"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/8921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/comments?post=8921"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/8921\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/media?parent=8921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/categories?post=8921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/tags?post=8921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}