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2nd leg of Budget Session begins: Modi 'hopes' for breakthrough on GST; 5 updates

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.
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