Rajya Sabha passes Bankers’ Books Evidence Bill amid Opposition walkout

Rajya Sabha to take up Taxation Laws Amendment Bill, Bankers’ Books Evidence Bill tomorrow

Rajya Sabha passed the Bankers' Books Evidence Bill on Monday even as Opposition members walked out, with Finance Minister Nirmala Sitharaman calling the walkout a "sad state." The Bill modernises the legal…

The Story in Brief

Rajya Sabha passed the Bankers' Books Evidence Bill on Monday even as Opposition members walked out, with Finance Minister Nirmala Sitharaman calling the walkout a "sad state." The Bill modernises the legal framework for admitting bank records as evidence, recognising electronic and digital records. It replaces the Bankers' Books Evidence Act, 1891. Earlier, the Lok Sabha passed the Tribunals Reforms Bill amid din.

Rajya Sabha passes Bankers' Books Evidence Bill amid Opposition walkout

The Indian Opinion

The Opposition's walkout during a debate on a routine banking law hardly inspires confidence, but the government's rush to pass such bills amid parliamentary din is equally troubling. The Bankers' Books Evidence Bill is a necessary update to a 19th-century law, but the lack of thorough scrutiny sets a poor precedent. Watch whether the government allows a detailed clause-by-clause discussion on the Taxation Laws Amendment Bill, which carries significant tax incentives, or whether it, too, gets bulldozed in the din.


Sources (2): thehindubusinessline.com, hindustantimes.com

This story was synthesised by AI from the 2 sources linked above.

Updated: this story now draws on 2 sources.

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