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Parliament Budget Session 2025 updates: New Income Tax Bill Likely To Be Tabled In Lok Sabha

  • February 10, 2025

The seventh day of the Parliament budget session began at 11 am. One key highlight will be the introduction of the new Income Tax Bill, which received approval from the Union Cabinet on Friday.

The Bill aims to simplify India’s direct tax laws. It will not introduce any new tax burdens but seeks to streamline existing provisions, removing long clauses and complex sentences to make the legislation more accessible.

The Parliament is likely to witness a stormy session as the opposition has demanded a discussion on the stampede at the Maha Kumbh, which killed 30 people and left 60 injured. The deportation of illegal Indian immigrants from the US and the arrest of Indian Fishermen by the Sri Lankan Navy are also topics of discussion.

The first part of the Budget session of the Parliament commenced on January 31 and will continue till February 13. The session will reconvene on March 10 and continue till April 4.

Parliament Budget Session Update

Rajya Sabha will debate Union Budget from 2 pm onwards today. The House will sit for two additional hours (till 8pm) today and tomorrow to complete the debate on the Union Budget.

#BudgetSession2025

MoS @nsitharaman replies to the questions asked by member @ManishTewari during #QuestionHour in #LokSabha regarding Gold Loan NPAs in Banks and NBFCs.@ombirlakota @LokSabhaSectt @loksabhaspeaker@mppchaudhary @FinMinIndia pic.twitter.com/BkqSXLfKus

— SansadTV (@sansad_tv) February 10, 2025

Parliament Budget Session Update: Sonia Gandhi Calls To Prioritise Census

Member of Parliament Sonia Gandhi called to prioritise census, which was last scheduled for 2021. Ms Gandhi said that 75% of the rural population and 50% of the urban population are entitled to receive subsidised food grain but the benificaries are still decided on the basis of census 2011. Therefore, it is essential to complete the census.

The Union Budget 2025-26 indicates that it is unlikely census will be completed this year as well, she said.

“Food security is not a privilege, it is a fundamental right,” she added.

Parliament Budget Session Update: Chairman Jagdeep Dhankar Makes An Appeal

Chairman Jagdeep Dhankar appealed to the members of the parliament to patiently hear anyone who has been “legitimately given the floor”. He made it clear that no kind of disturbance would be appreciated. “There are occasions when people may be euphoric and otherwise also. This house has to send a very sober message that this house is meant for expression and dialogue and we will uphold it,” he said.

#BudgetSession2025 #LokSabha takes up #QuestionHour@ombirlakota @loksabhaspeaker @LokSabhaSectt

Watch Live https://t.co/10lnYdgKou pic.twitter.com/TMlzUsfrqL

— SansadTV (@sansad_tv) February 10, 2025

Source : https://www.ndtv.com/india-news/parliament-budget-session-2025-live-updates-new-income-tax-bill-likely-to-be-tabled-in-lok-sabha-7675086 

 

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