The select committee of the Lok Sabha, which will examine the Income-Tax Bill, 2025, was constituted on Friday, with BJP MP Baijayant Jay Panda appointed as chairman of the panel. The committee will have 31 MPs, including 17 from the ruling National Democratic Alliance. The NDA MPs include 14 from the BJP and one each from the TDP, JD(U), and the Shiv Sena. The opposition parties have 13 MPs, including six from the Congress, two from the Samajwadi Party and one each from the DMK, the TMC, the Shiv Sena (UBT), the NCP (SP) and the RSP. One MP, Richard Vanlalhmangaiha, is from the Mizoram's ruling Zoram People's Movement. Besides Panda, the BJP's members include Nishikant Dubey, P P Chaudhary, Bhartruhari Mahtab and Anil Baluni. Opposition MPs include Deepender Singh Hooda of the Congress, Mahua Moitra of the TMC, Supriya Sule of the NCP (SP) and N K Premachandran of the RSP. The panel is mandated to submit its report by the first day of the Monsoon session. The ongoing Budget Sess
The panel had adopted the report on the draft legislation by a 15-11 majority vote, and submitted it to the Lok Sabha Speaker on January 30
A parliamentary panel Thursday asked the Information and Broadcasting Ministry to submit a note by February 17 on the amendments needed in existing laws to clamp down on controversial content like the one involving Ranveer Allahbadia amid bipartisan concern from MPs over the issue. At the meeting of the Standing Committee on Communications and Information Technology, members from different parties voiced concern over Allahbadia's crass comments at a YouTube programme and called for stringent measures to punish him and to ensure that such an incident does not recur. Sources said the committee's chairperson and BJP MP Nishikant Dubey shared their concerns at the meeting attended by Information and Broadcasting Secretary Sanjay Jaju and other senior ministry officials. The committee later dispatched a communication to Jaju under the subject "review of implementation of laws related to all forms of media", sources said. The letter said, "With the examination of the subject "Review of .
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Finance Minister Nirmala Sitharaman counters Opposition claims that the Budget favoured BJP-ruled states, especially poll-bound Bihar
Amid opposition uproar over dissent notes being allegedly deleted from the JPC report on the Waqf amendment bill, Union Minister Kiren Rijiju on Thursday said certain portions which amounted to casting aspersions on the panel itself were redacted. Opposition MPs led by Leader of Opposition in Rajya Sabha Mallikarjun Kharge said that dissent notes were "redacted" from the report after it was tabled by BJP member Medha Vishram Kulkarni in the Upper House. At a press conference in Parliament House complex, Rijiju said, "If there is something in the note which the chairman feels is tantamount to casting aspersions on the committee itself, he has power to remove it". If the members have any objection, they can appeal before the chairman of the committee, the Parliamentary Affairs minister said. "It is wrong to say that opposition dissent was not included in the report," the minister said, adding all reports are included in the JPC report. "Some of the points which amount to casting ...
The report of the joint committee of Parliament on the Waqf bill was tabled in the Rajya Sabha amid uproar on Thursday, with the proceedings briefly adjourned following a heated debate between the treasury and the opposition benches. Opposition MPs led by Leader of Opposition Mallikarjun Kharge alleged that dissent notes were deleted from the report, a charge denied by Union Parliamentary Affairs Minister Kiren Rijiju. The report on the Waqf (Amendment) Bill was tabled by BJP member Medha Vishram Kulkarni, a member of the panel. The tabling of the report was followed by uproar by members from the opposition benches. The clamour continued as Chairman Jagdeep Dhankhar tried to read out a message from President Droupadi Murmu. "Don't show disrespect to the president of India..." Dhankhar said and urged Kharge to ask the opposition members to take their seats. As the uproar continued, the Upper House was adjourned till 11:20 am. When the Upper House reconvened, the chairman read out
Gogoi asserted that several members of parliament have expressed their dissent in the JPC report
Speaking to ANI, the JPC Chairman emphasised the committee toured the country to collect inputs before finalising the report, which included the adoption of 25 amendments across 14 clauses
In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the annual value shall be nil for two years from the end of the financial year
The new Income Tax Bill is expected to be tabled in Parliament on Thursday, Feb 13, replacing the six-decade-old Income Tax Act of 1961. Here are the highlights of the Bill
Chadha noted that reports indicate a decline in the spending capacity and consumption of the middle class
India's economy is expected to grow by 6.4 per cent in real terms and by 9.7 per cent in nominal terms, according to advance estimates released by the National Statistics Office
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TMC MP Mahua Moitra on Tuesday termed as "anti-constitutional" the draft UGC regulations for selection of vice chancellors in Central and state universities. Demanding a rollback of the criteria of the search-and-selection committee of vice chancellors of state-aided universities, Moitra said during Zero Hour that there is no state-government representative in the committee even though states pay completely for the state-run universities. The draft UGC regulation, 2025, which seeks to replace the UGC regulation 2018, is "over-centralised, anti-constitutional and anti-federal", Moitra said. According to the draft regulations, industry experts, as well as senior professionals from public administration, public policy and public sector undertakings, might soon be eligible for appointment as vice chancellors. The draft norms have also given power to chancellors or visitors to constitute the three-member search-cum-selection committee to appoint vice chancellors. The new guidelines wil
Translation services were available in 10 languages including Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, and Telugu, in addition to Hindi and English
Chidambaram termed it a "politically-driven budget" with the income tax cut being the "main thrust" of the Budget with an eye on the Delhi Assembly polls
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Opposition parties on Monday attacked the Union government on various issues, including rising inequality in terms of income amid rising inflation and joblessness in the country. Participating in the discussion on Union Budget 2025-26 in the Rajya Sabha, DMK MP Tiruchi Siva said the Union Budget shows the government's priorities and intent. "The Budget is not merely a statement of accounts, but one of intent. Our Prime Minister has described this Budget as a roadmap for Viksit Bharat. But the numbers reveal that the path seems only a mirage," he stated. He noted that the Budget was presented as a proclamation of progress but it conveniently hides the realities of the time like stagnant growth, growing inequality, and a sizable demographic dividend slipping off the fingers. "This government's policies have only enriched the privileged few, leaving behind a section of people with joblessness, inflation, and shrinking opportunities," Siva said. He noted that 1 per cent of people in t