Nirmala Sitharaman withdraws Income Tax Bill in Lok Sabha; new Bill to be introduced on August 11

Nirmala Sitharaman withdraws Income Tax Bill in Lok Sabha; new Bill to be introduced on August 11

Union Finance Minister Nirmala Sitharaman speaks in Lok Sabha during the Monsoon Session of the Parliament, in New Delhi | Photo Credit: ANI/Sansad TV Finance Minister Nirmala Sitharaman on Friday (August 8, 2025) withdrew the Income Tax Bill, 2025, in the Lok Sabha, and the government will come out with an updated version of the […]

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Parliamentary panel report on new Income Tax Bill, 2025 to be tabled in Lok Sabha on July 21

Parliamentary panel report on new Income Tax Bill, 2025 to be tabled in Lok Sabha on July 21

Union Finance Minister Nirmala Sitharaman introduces Income Tax Bill in Lok Sabha, in New Delhi on February 13, 2025. | Photo Credit: ANI A report of the parliamentary committee set up to scrutinise the new Income Tax Bill, 2025, which would replace the six-decade old Income Tax Act, is scheduled to be tabled in the […]

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PSU banks earned total profit of ₹70,167 crore in April-December FY23: Govt.

PSU banks earned total profit of ₹70,167 crore in April-December FY23: Govt.

File photo of Bhagwat K. Karad, Minister of State for Finance. Mr. Karad in a written reply to Lok Sabha on March 20 informed of the reforms the government has undertaken to boost asset quality of public sector banks. | Photo Credit: KAMAL NARANG The government has taken various reforms following which asset quality of […]

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Two Bills introduced in the Lok Sabha including Bill to amend competition law

Two Bills introduced in the Lok Sabha including Bill to amend competition law

Competition (Amendment) Bill also seeks a limitation period of three years for filing information on anti-competitive agreements and abuse of dominant position before the CCI Competition (Amendment) Bill also seeks a limitation period of three years for filing information on anti-competitive agreements and abuse of dominant position before the CCI Two Bills including one to […]

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On government debt, India is much better placed than its peers, says Nirmala Sitharaman

On government debt, India is much better placed than its peers, says Nirmala Sitharaman

Nirmala Sitharaman said “It is important for us to appreciate as Indians that our people have dealt with the pandemic and its waves.” Nirmala Sitharaman said “It is important for us to appreciate as Indians that our people have dealt with the pandemic and its waves.” Union Finance Minister Nirmala Sitharaman, on August 1, 2022, […]

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Morning Digest | SC asks govt whether promises of ‘irrational’ poll freebies can be curbed; Record bids on spectrum auction Day 1, and more

Morning Digest | SC asks govt whether promises of ‘irrational’ poll freebies can be curbed; Record bids on spectrum auction Day 1, and more

Can promises of ‘irrational’ poll freebies be curbed, Supreme Court asks government The Supreme Court on July 26 orally asked the Centre to find out from the Finance Commission whether there is a way to curb political parties from promising and distributing “irrational freebies” during election campaigns. Spectrum auction | Bids worth ₹1.45 lakh crore […]

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