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Parliament highlights: Avg processing time of ITR reduced from 93 days in 2013 to 10 now, says FM

Lok Sabha and Rajya Sabha news updates: Here are the news updates on the developments in the Parliament

BS Web Team New Delhi
Nirmala Sitharaman, Nirmala, Finance Minister
Union Finance Minister Nirmala Sitharaman (Photo: PTI)

3 min read Last Updated : Aug 07 2024 | 8:34 PM IST

Key Events

5:27 PM

As many as 52.5 mn taxpayers or 72.8 pc of individuals choose new I-T regime: FM Sitharaman

Taxpayer can compute liability on sale of land, buildings acquired before July 23, 2024, on lower of the new and old LTCG tax rates: FM

5:17 PM

Average processing time of income tax returns has reduced from 93 days in 2013 to 10 days now: FM Sitharaman

5:11 PM

Pending litigation, demands are sorted under Vivad se Vishwas scheme, helped middle class, small biz: FM

4:50 PM

Aazad Samaj Party's Chandrashekhar asks central govt to create employment opportunities

“U.P. has the highest population among all States, but the Budget offered nothing to the State,”  Chandrashekhar said. He urged the Centre to create employment opportunities in Uttar Pradesh. 

4:44 PM

Parliament update: Opposition MPs protest at Parliament, seek 'justice' for wrestler Vinesh Phogat

INDIA bloc MPs staged a protest at Makar Dwar of Parliament seeking 'justice' for wrestler Vinesh Phogat after her disqualification from Paris Olympics's wrestling event.

3:53 PM

Vinesh Phogat disqualification: INDIA bloc MPs walk out after sports minister's statement

The Opposition MP protested and staged a walk out after not being satisfied with the sports minister's statement.

3:40 PM

IOA president PT Usha directed by PM Modi to take appropriate action, says Sports minister

3:39 PM

IOA registered strong protest over Vinesh Phogat's disqualification: Sports minister

Indian Olympic Association registered strong protest with United World Wrestling over Vinesh Phogat's disqualification, says Sports Minister Mansukh Mandaviya.

3:33 PM

Vinesh Phogat disqualified from Olympics event after being 100 gm overweight: Sports minister

Wrestler Vinesh Phogat disqualified from 50 kg category Olympics event after being 100 gm overweight, Sports Minister Mandaviya stated in the Lok Sabha today.

3:26 PM

No PM would visit North-East, but PM Modi has an emotional connect with the region: BJP MP Kalita

“No PM would even visit that region. But our PM has an emotional connect with that place, which is evident from the progress in that region,” BJP’s Assam MP Bhubaneshwar Kalita stated today.  Kalita praised the government for allocating funds for the North-Eastern region in the Union Budget. 

3:22 PM

TMC MP Derek O’Brien urges Centre to rollback 18% GST on health insurance

“Understand the mandate with humility. Work with us and this is not a defeat for you,” TMC MP Derek O’Brien said today. He stated that many TMC MPs li have raised the same issue in Lok Sabha. 

2:39 PM

Poor pay more through indirect taxes, compared to what the rich pay in direct taxes: DMK MP

Speaking in the Lok Sabha today, DMK MP Dr Kalanidhi Veeraswamy stated that the collection from indirect taxes in India is more than the collection from direct taxes. “The poor pay more through indirect taxes, compared to what the rich pay in direct taxes,” he asserted. 

2:31 PM

Peace efforts in Manipur subverted by communal, divisive and sectarian forces: Congress MP

"Peace efforts have been made and there was an agreement achieved by two communities in the district of Jiribam, mediated by the security forces. Unfortunately, they were subverted by communal, divisive and sectarian forces,”  Inner Manipur MP Angomcha Bimol Akoijam stated. He asserted the government of India has a “historical, political, moral and legal responsibility to defend Manipur as an entity that existed before the commencement of this Constitution as stated in schedule one of the Constitution”.

2:28 PM

Central government responsible for defending Manipur: Congress MP Bimol Akoijam

The government of India is responsible for defending Manipur and must take stern action against communal and divisive forces that have wreaked havoc in the state, Inner Manipur MP Angomcha Bimol Akoijam said on Wednesday. Raising the issue during Zero Hour in the Lok Sabha, the Congress MP said divisive elements as well as “foreign powers” and “illegal immigrants” were disrupting peace efforts in the state that has been facing crisis for 14 months.

2:23 PM

LS holding discussion on Finance Bill after passing Appropriation Bill

The Lok Sabha is currently engaged in discussions on the Finance Bill, following the passage of the Appropriation Bill for the central government’s 2024-25 expenditure on Monday.
     

Topics :Narendra ModiRahul GandhiSamajwadi PartyParliamentBJPCongressAll India Trinamool Congress

First Published: Aug 07 2024 | 10:32 AM IST