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LOK SABHA ___ SYNOPSIS of DEBATES (Proceedings Other Than LOK SABHA ___ SYNOPSIS OF DEBATES (Proceedings other than Questions & Answers) ______ Tuesday, November 29, 2016 / Agrahayana 8, 1938 (Saka) ______ OATH BY MEMBER Shri Pradhan Baruah, an elected Member from Lakhimpur Parliamentary Constituency of Assam, took oath in Assamese, signed the Roll of Members and took his seat in the House. *MATTERS UNDER RULE 377 (i) SHRI RAM PRASAD SARMAH laid a statement regarding need to complete the construction of Lower Subansiri Hydro Electrical Project in Assam. (ii) KUNWAR PUSHPENDRA SINGH CHANDEL laid a statement regarding need to fast track the recovery of big loans and waiving off small loans of farmers in Uttar Pradesh particularly in Hamirpur parliamentary constituency. * Laid on the Table as directed by the Chair. (iii) SHRI PARBHUBHAI NAGARBHAI VASAVA laid a statement regarding need to construct under pass and road over bridges on Udhna-Jalgaon railway line in Bardoli parliamentary constituency, Gujarat. (iv) SHRI VIKRAM USENDI laid a statement regarding need to include Mahra/Mahara caste of Chhattisgarh in the list of Scheduled Castes. (v) SHRI RAKESH SINGH laid a statement regarding need to set up a super Speciality Hospital/Polyclinic and six more CGHS Wellness Centres in Jabalpur, Madhya Pradesh. (vi) SHRI NISHIKANT DUBEY laid a statement regarding need to construct a irrigation canal to channelize the water of Chandan Dam to Godda, Jharkhand. (vii) SHRI SUDHEER GUPTA laid a statement regarding need to ban TV serials depicting wrong portrayal of historical and mythological texts. (viii) SHRI VISHNU DAYAL RAM laid a statement regarding need to take immediate remedial steps to check soil erosion by rivers in various districts of Jharkhand particularly in Palamu and Garwha districts. (ix) SHRI JANARDAN SINGH SIGRIWAL laid a statement regarding need to regularize the services of temporary labourers engaged by FCI Depot Ghevra, Delhi. (x) SHRI RAVINDRA KUMAR RAY laid a statement regarding need to construct a Road Over Bridge between Hazaribagh Road railway station and Keshwari railway station in Kodarma parliamentary constituency, Jharkhand. (xi) SHRIMATI RAKSHATAI KHADSE laid a statement regarding need to bring a policy to monitor the working of labour contractors. (xii) DR. VIRENDRA KUMAR laid a statement regarding need to develop public infrastructure conducive to differently abled people in the country. (xiii) SHRI PRAHLAD SINGH PATEL laid a statement regarding need to start work on the North-South Corridor of Diamond Quadrilateral Railway Project to establish high speed railway network in the country. (xiv) SHRI RAJEEV SATAV laid a statement regarding need to declare and develop the Sindkhed Raja, the birth place of Rajmata Jijau- mother of Chhatrapati Shivaji - in Buldhana district, Maharashtra as a historical place of international importance. (xv) SHRI S.P. MUDDAHANUME GOWDA laid a statement regarding need to provide financial assistance to Karnataka affected by drought. (xvi) SHRI GAURAV GOGOI laid a statement regarding need to provide financial support to Solar Pump Programme in North Easter States. (xvii) SHRI M. UDHAYAKUMAR laid a statement regarding need to develop tourism infrastructure in Sirumalai Hills near Dindigul in Tamil Nadu. (xviii) SHRI R. P. MARUTHARAJAA laid a statement regarding need to construct a service Road on National Highway No. 45 at Samayapuram village in Perambulur Parliamentary Constituency of Tamil Nadu. (xix) PROF. SAUGATA ROY laid a statement regarding need to bring normalcy along the Line of Control. (xx) SHRI TAPAS PAUL laid a statement regarding need to provide remunerative price of paddy and jute to farmers in West Bengal particularly in Krishnagar parliamentary constituency. (xxi) SHRI BALBHADRA MAJHI laid a statement regarding need to declare Malkangiri district in Odisha as a Japanese Encephalitis Vaccine District and start timely vaccination in the district. (xxii) SHRI GAJANAN KIRTIKAR laid a statement regarding need to implement the Coastal Regulation Zone (CRZ) Notification, 2011. (xxiii) SHRI MUTHAMSETTI SRINIVASA RAO (AVANTHI) laid a statement regarding need to provide financial assistance to cooperative sugar factories in Andhra Pradesh. (xxiv) SHRI JITENDRA CHAUDHURY laid a statement regarding need to hand over the land occupied by Assam Rifles Complex to the State Government of Tripura for setting up a multi-discipline Sports and Cultural Complex. (xxv) SHRI DUSHYANT CHAUTALA laid a statement regarding need to establish a 50 bed AYUSH Hospital in Hisar, Haryana under National AYUSH Mission. (xxvi) SHRI C. N. JAYADEVAN laid a statement regarding relaxation in restrictions imposed by Archaeological Survey of India for undertaking new construction/repair of houses in Trissur district of Kerala. THE TAXATION LAWS (SECOND AMENDMENT) BILL, 2016 THE MINISTER OF FINANCE AND MINISTER OF CORPORATE AFFAIRS (SHRI ARUN JAITLEY) moving the motion for consideration of the Bill, said: Hon. Prime Minister had made an important announcement on 8th November, 2016 to this effect that from the midnight of 8th November, 2016, high denomination currency notes of 500 and 1000 will cease to be legal tender. The objective behind taking this decision was to remove the black money from the political and economic structure of this country which was being used for tax evasion, corruption etc. After 8th November, there were certain cases in which various people were found trying to exchange these currency notes illegally which had ceased to be legal tender. Keeping in view these activities going on in the market, Government has brought this Amendment in Income Tax Laws and Finance Bill as per its plan. The basis of this Amendment is that people caught trying to exchange such black money by any illegal means, 60 per cent tax along with the penalties will be imposed under the provision of this Bill. In total, 85 per cent tax alongwith penalty would be imposed in this case. Apart from that, if any person deposits such black money in bank and discloses it, then 50 per cent tax will be imposed alongwith the surcharge and penalties applicable to it. Besides, out of remaining 50 per cent the person who deposits black money in such a way, will get 25 per cent of the amount and remaining 25 per cent of the amount will be given to him after lock-in period of four years. In all, this money will be infused into the mainstream of our country. This will also add resources to the Union Government and Garib Kalyan Kosh will be set up through these resources. This fund will be used for poverty alleviation in the rural areas. I would like to urge upon the august House to accept this Amendment. The Bill was passed without discussion. ANOOP MISHRA Secretary General © 2016 BY LOK SABHA SECRETARIAT NOTE: It is the verbatim Debates of the Lok Sabha and not the Synopsis that should be considered authoritative. English and Hindi versions of Synopsis of Debates are also available at http://loksabha.nic.in. .
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