SC to pronounce verdict on validity of provisions of Finance Bill 2017 today

A bench headed by Chief Justice Ranjan Gogoi will pass the verdict on a batch of pleas challenging the constitutional validity of the Finance Act, 2017 on the ground that it was passed by the Parliament as a Money Bill.

New Delhi:The Supreme Court on Wednesday will pronounce verdict on the pleas challenging the constitutional validity of the provisions of the Finance Bill 2017 which affect the composition and functioning of various tribunals.

A bench headed by Chief Justice Ranjan Gogoi will pass the verdict on a batch of pleas challenging the constitutional validity of the Finance Act, 2017 on the ground that it was passed by the Parliament as a Money Bill.

The pleas also challenged the Finance Act 2017, alleging that the government was taking over the powers to decide the terms and conditions of tribunal members, including their tenure.

The Centre had justified certification of Finance Bill, 2017 as a Money Bill saying it has provisions that deal with salaries and allowance to be paid to the members of tribunals from the consolidated funds of India.

The five-judge bench also comprising Justice NV Ramana, Justice DY Chandrachud, Justice Deepak Gupta and Justice Sanjiv Khanna had reserved the judgment on April 2.