Govt to push for passage of GST, real estate bills next week
The government's main focus will be on the passage of the key GST Bill, officially known as The Constitution (122nd Amendment) Bill, 2014, as passed by the Lok Sabha and as reported by a Select Committee of Rajya Sabha.
Dec 05, 2015
Source : Toi
NEW DELHI: With repeated disruptions in second week of the winter session putting its legislative agenda on the back burner, the government has proposed heavy business in both Houses of Parliament next week, listing key legislation like GST and Real Estate bills for consideration and passage. 

It plans to pass six bills in the Lok Sabha and seven in the Rajya Sabha next week. Of these, two bills are already listed in the Lower House and three in the Upper House. 

The government's main focus will be on the passage of the key GST Bill, officially known as The Constitution (122nd Amendment) Bill, 2014, as passed by the Lok Sabha and as reported by a Select Committee of Rajya Sabha.
The Centre plans to roll out the Goods and Services Tax (GST) from April next year. Other important bills include the Prevention of Corruption (Amendment) Bill, 2013, which was discussed in Rajya Sabha on Friday. 

The Business Advisory Committee (BAC) of Rajya Sabha has allotted a time of four hours for the GST Bill and two hours for the Real Estate Bill. 

The Select Committees of the House have already submitted their reports on these two bills which are pending for further consideration and passing by the Rajya Sabha. 

The legislative agenda of Lok Sabha includes consideration and passage of the High Court and Supreme Court Judges (Salary and Conditions of Service) Amendment Bill 2015, the Arbitration and Conciliation (Amendment) Bill, 2015, The Indian Trusts (Amendment) Bill 2015, the Payment of Bonus (Amendment) Bill 2015, and the Industries (Regulation and Development) Amendment Bill 2015. 

The government also plans to take up the discussion and voting on Supplementary Demands for Grants (General) for 2015-16 and Demands for Excess Grants (General) for 2012-13 in the Lok Sabha in the third week of the winter session, sources in the Parliamentary Affairs Ministry said. 

In the Rajya Sabha, it plans to take up the Prevention of Corruption (Amendment) Bill, 2013, on which discussion has already begun, the Negotiable Instruments (Amendment) Bill 2015 and the Whistle Blower Protection (Amendment) Bill 2015, as passed by Lok Sabha. 

While the first bill was taken up in Rajya Sabha on Friday on which Congress, Samajwadi Party and some others advocated caution, the Whistle Blower Bill was listed on Friday but could not be taken up.

Latest Realty News

Dec 05, 2015
Bhubaneswar, Dec. 4: The Odisha chapter of the Confederation of Real Estate Developers' Association India (Credai) is also planning to use social and digital media to sale properties.
Dec 05, 2015
BENGALURU | MUMBAI | NEW DELHI: It's still too early to count the losses from the unprecedented floods and torrential rains in Chennai that have impacted people from all walks of life, but one of the worst hit businesses clearly is real estate.
Dec 04, 2015
NEW DELHI: Realty firm Amrapali today said it will develop 10,000 affordable homes in Noida Extension for government employees at a cost of Rs 2,000 crore.
Dec 04, 2015
New Delhi: Nearly one-third allottees of Delhi Development Authority (DDA) flats under Housing Scheme 2014 have surrendered their flats, the Urban Development Ministry said on Thursday.
Dec 02, 2015
HYDERABAD: Disputing the claims of Telangana government that the record prices yielded in the latest round of land auction in Hyderabad reflected the boom in realty market, builders and global property consultants have cautioned that towering costs could actually deter the entry of national and international players.
Dec 01, 2015
NEW DELHI: Easing of investment norms under Foreign Direct Investment (FDI) policy for the real estate sector is more of a long term story, and is unlikely to result in any immediate increase in FDI in the near term, ratings agency Fitch Ratings has said.
Dec 01, 2015
MUMBAI: Elusive home buyers, at least some of them, are finally returning to the Mumbai property market. Direct discounts of 5-10 per cent, reduction in apartment sizes and falling interest rates have pushed cumulative residential property sales in the last four quarters by 28 per cent compared with the corresponding period, showed a JLL India report.
Nov 30, 2015
MUMBAI: BlackSoil Realty Fund-I is set to invest Rs 25 crore in realty developer Ahuja Constructions' residential project in central Mumbai's Sion locality.
Nov 30, 2015
BENGALURU: The Xander Group, which owns a portfolio of 66 million sq ft worth real estate assets in India, is looking to scoop up more across the retail, commercial and residential segments, the founder of the global investment firm said.
Nov 30, 2015
BENGALURU: The State government has decided not to increase the guidance value of properties in Bengaluru and the rest of Karnataka at least until the state Budget session.

Latest Realty News Of State

Realty Talk's