India News

Parliament Passes Bill to Raise Excise Duty on Tobacco; Higher Cigarette Tax to Be Shared with States

New Delhi: Parliament has approved a key bill to increase excise duty on tobacco products, including cigarettes, as part of the government’s efforts to strengthen public health measures and boost revenue. During the discussion in the Rajya Sabha, Union Finance Minister Nirmala Sitharaman clarified that the additional revenue generated from the increased duty would be Read More…

India News

Winter Session of Parliament to Be Held from December 1 to 19: Key Bills and Discussions Expected

New Delhi: The Winter Session of Parliament will be held from December 1 to December 19, the government announced on Friday. The 19-day session is expected to witness crucial discussions on key legislative matters, economic issues, and policy developments ahead of the Union Budget 2026. Parliamentary Affairs Minister Pralhad Joshi confirmed the dates, stating that Read More…

India News

Cabinet Approves 14 Amendments to Waqf Bill Amid Controversy

New Delhi: The Union Cabinet has approved 14 amendments to the Waqf (Amendment) Bill, 2024, based on recommendations from the Joint Parliamentary Committee (JPC), despite ongoing criticism over alleged bias. The bill initially proposed 44 changes to laws governing central and state Waqf boards, which oversee the management of Muslim charitable properties in India. The Read More…

India News

Nirmala Sitharaman to Present Income-Tax Bill 2025 in Lok Sabha: A Major Tax Reform Move

New Delhi: Union Finance Minister Nirmala Sitharaman is set to introduce the much-anticipated Income-Tax Bill 2025 in the Lok Sabha today, marking a significant step towards modernizing India’s tax system. The new bill is designed to replace the six-decade-old Income-Tax Act of 1961, making tax laws simpler, more transparent, and taxpayer-friendly. The proposed legislation aims Read More…