Final Up to date:July 20, 2025, 07:11 IST Beneath PM Narendra Modi’s third time period, Monsoon Session, Winter Session 2024, and Price range Session 2025, have been marked not simply by daring reforms but in addition intense debates and disruptions. Lok Sabha. File Picture (PTI) Parliamentarians are preparing for Monsoon Session from July 21 to…
The committee, headed by senior BJP MP Baijayant Panda, is more likely to submit the report within the upcoming Monsoon Session of Parliament. File | Photograph Credit score: PTI The Choose Committee of Parliament that examines the Earnings Tax Invoice-2025 is learnt to have finalised its report on Wednesday (July 16, 2025) with about 285…
The Revenue Tax Invoice 2025, geared toward simplifying tax legislation, has been unanimously adopted by the Lok Sabha’s Choose Committee, paving the way in which for its potential passage within the upcoming monsoon session of Parliament. This parliamentary committee, chaired by BJP chief Baijayant Panda, has made a complete of 285 suggestions within the draft…
In a key assembly with Finance Minister Nirmala Sitharaman this week, Chartered Accountant (CA) Nitin Bansal, the State President of the Bharatiya Janata Occasion (BJP) CA Cell in Haryana, strongly urged the federal government to take care of the unique position of Chartered Accountants in conducting tax audits beneath the proposed Earnings Tax Invoice, 2025….
Lok Sabha despatched the Invoice to the committee on the request of Finance Minister Nirmala Sitharaman after she launched it within the Home within the first half of Parliament’s Funds Session | Picture Credit score: ANI The Parliamentary Standing Committee on Finance, throughout a six-hour-long assembly on Monday (February 24, 2025), questioned the federal government…
Consultant picture. The adjustments launched within the new Earnings Tax Invoice 2025 have raised issues because it has omitted sure provisions, elevating questions on whether or not they have been intentional exclusions or oversights. For instance, the New Tax Invoice has omitted part 80 M of the Earnings Tax Act 1961 that offers with dividend…
Apex our bodies of firm secretaries and value accountants have urged the federal government to incorporate these professionals beneath the definition of ‘accountant’ within the Earnings Tax Invoice, 2025. The Institute of Firm Secretaries of India (ICSI) and the Institute of Price Accountants of India (ICMAI), each arrange beneath Acts of Parliament, have demanded that…
Baijayant Jay Panda. File | Picture Credit score: The Hindu The choose committee of the Lok Sabha, which can study the Earnings-Tax Invoice, 2025, was constituted on Friday (February 14, 2025) with BJP MP Baijayant Jay Panda appointed as chairman of the panel. The committee could have 31 MPs, together with 17 from the ruling…
New Delhi: Finance Minister Nirmala Sitharaman on 13 February 2025 tabled the Revenue-Tax Invoice 2025 in Parliament. The brand new Revenue-Tax Invoice changing the Revenue-tax Act, 1961 marks a big step towards simplifying the language and construction of the Revenue-tax Act. A major facet of the Invoice is the elimination of the ideas of “earlier…
Final Up to date:February 13, 2025, 23:36 IST Rajya Sabha MP Ramdas Athawale praised Finance Minister Nirmala Sitharaman’s price range with witty rhymes, concentrating on the Opposition and calling it a risk to China. Sitharaman tabled the brand new Earnings Tax Invoice, 2025. Athawale additionally a took a jibe on the INDI bloc over its…
