New Delhi, Aug 05 : The Lok Sabha is set for a busy legislative day on Wednesday, with members scheduled to deliberate on two significant financial bills alongside opposition demands for discussions on political defections and police action during a recent student protest in the national capital.
According to the revised List of Business, Union Finance Minister Nirmala Sitharaman will move The Bankers’ Books Evidence Bill, 2026 for consideration and passage. The proposed legislation aims to modernise the legal framework governing evidence related to bankers’ records by aligning it with India’s rapidly evolving digital banking ecosystem. It also seeks to streamline provisions linked to electronic banking records and related legal procedures.
The Finance Minister will also introduce The Taxation and Other Laws (Amendment) Bill, 2026, which proposes changes to the Payment and Settlement Systems Act, 2007, the Income-tax Act, 2025, and the Finance Act, 2026. The amendments are intended to update multiple financial laws and strengthen the country’s regulatory framework for taxation and payment systems.
Apart from the two bills, the House is expected to consider a statutory resolution moved by MPs N.K. Premachandran and Sougata Ray seeking the disapproval of the Income-tax (Amendment) Ordinance, 2026, which was promulgated by the President on June 5. The resolution is likely to trigger a discussion on the necessity and implications of issuing the ordinance.
The day’s proceedings may also witness political exchanges after Congress MP Manish Tewari submitted an adjournment motion seeking to suspend regular business for a debate on introducing a new anti-defection law. In his notice, Tewari argued that existing legal provisions require strengthening to prevent large-scale political defections motivated by opportunism while safeguarding genuine ideological differences and democratic dissent within legislatures.
He maintained that Parliament should hold a comprehensive discussion on reforms that would preserve political stability without curbing legitimate criticism or independent opinion among elected representatives.
Another adjournment motion has been submitted by Congress MP Manickam Tagore, who has demanded a discussion on the police action during the student protest held at Jantar Mantar in New Delhi on July 20.
Tagore called for a detailed statement from Union Home Minister Amit Shah regarding the circumstances that led to the use of force against demonstrators. His notice raised questions over whether the crowd-control measures adopted by police complied with constitutional safeguards and established legal procedures governing peaceful protests.
The Congress leader has also sought clarity on reports concerning injuries, detentions and arrests during the demonstration, including the number of women students affected. He further called for details of complaints alleging police misconduct and the government’s response to those allegations.
In addition, Tagore urged the Centre to institute an independent, impartial and time-bound judicial inquiry into the incident to determine accountability. He also demanded information on FIRs registered against students, the legal provisions invoked, and the rationale behind initiating criminal proceedings.
The notice further appealed for the withdrawal of criminal cases filed against students and sought assurances that peaceful demonstrations and democratic dissent would not be met with coercive measures in the future. It also asked whether the government intended to engage with protesting students through dialogue and whether an apology would be issued if any inquiry concluded that excessive force had been used.
With important financial legislation scheduled alongside politically sensitive opposition demands, the Lok Sabha is expected to witness an eventful session marked by debates on governance, legal reforms and democratic accountability.