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SC rejects plea for postponement of budget due to state polls

New Delhi: The Supreme Court on Monday dismissed a plea seeking postponement of Union Budget presentation ahead of the upcoming Assembly elections in five states, saying there was no illustration that it would influence voters.

A bench headed by Chief Justice J S Khehar refused to admit the plea saying “there was not even a single concrete example that the presentation of Union Budget would influence the minds of electorate in state elections”.

The bench, also comprising Justices N V Ramana and D Y Chandrachud, did not grant opportunity to lawyer M L Sharma, who had filed the PIL in personal capacity, to come back to it if the Centre violated the model code of conduct in its budget, to be presented on February one.

Referring to constitutional provisions, the court said there are clear divisions of subjects, Union, State and concurrent, in the Constitution and the presentation of Union budget cannot be dependant on state polls “which keep happening.” It was not impressed with the arguments that the Centre may announce sops for the voters of the states going for polls in the budget, saying “Your argument is absurd. This way you will say the party in power at Centre should not contest state polls”.

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Major changes in tax structure likely in Budget: Report

The Goan Network
Published Jan 24, 2017, 12:00 AM IST
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Major changes in tax structure likely in Budget: Report

Headline: Tax restructure could be major take away this Budget Strap: Economy slowdown to also highlight budget speechPTIMumbai The much-awaited Union Budget for 2017-18 is expected to bring in some major changes to the tax framework for individuals and corporates following the demonetisation measure, a rating agency said on Monday. According to Care Ratings, the Budget on February 1 would be addressing issues with respect to “additional revenue garnered on account of the…

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