The central government’s proposals to reform the Goods and Services Tax (GST) system are bold and timely. They stand to benefit the middle class and the business community, as the government claims. Shifting 99% of the items in the 12% slab to a 5% tax rate, and 90% of the items in the 28% slab […]
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Finance Minister Nirmala Sitharaman speaks in the Lok Sabha on August 11, 2025. Photo: Sansad TV via ANI The Lok Sabha on Monday (August 11, 2025) passed the revised Income Tax Bill, 2025 without any debate. Parliament Monsoon Session Day 16 updates The Bill seeks to simplify, rationalise, and shorten the existing Income Tax Act, […]
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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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