Kiren Rijiju: New tax bill has essence of original bill | India News


Kiren Rijiju: New tax bill has essence of original bill

NEW DELHI: Parliamentary affairs minister Kiren Rijiju on Saturday addressed concerns about the new income tax bill, set to be introduced in Lok Sabha on Monday, stressing that it has incorporated all the amendments suggested by the select committee and accepted by the govt, maintaining the essence of the original bill.“The hard work done in the last six months and suggestions will be reflected in the new Income Tax Bill, 2025 which the finance minister will be introducing on Monday,” Rijiju said.The minister said the apprehension being raised about the bill on social media are ill founded as the new bill will incorporate all the changes suggested by the select committee and which have been accepted by the govt. “This is normal parliamentary procedure when amendments in the bill already introduced are many,” Rijiju said.In a statement, Union minister Rijiju said for any amendment to be made in a bill, a member of the House or the person who introduces the bill (in this case FM) has to move each amendment individually, and for that purpose, for each amendment he or she would have to first seek the Lok Sabha speaker’s permission. “Thereafter, the amendment is moved for consideration by LS. Then on the House agreeing to the amendment, the amendment is to be considered again as part of the bill. Thus, for each amendment three motions are to be moved,” the Union minister added.





Source link

  • Related Posts

    “My journey living with HIV”: Years later, Lakers legend Magic Johnson makes candid admission about fighting with fatal disease | NBA News

    Magic Johnson. Image via: Allen Berezovsky/ Getty Images Magic Johnson has endured the hardest part of his life. Decades after that life-altering diagnosis, his HIV diagnosis is still one of…

    Nfl Trade Rumors: NFL Trade Rumors: Justin Herbert’s Chargers emerge as a landing spot for $90M Dolphins playmaker to solve offensive issues | NFL News

    NFL Trade Rumors: Justin Herbert’s Chargers emerge as top landing spot for Tyreek Hill to solve O-line issues (Getty Images) The Los Angeles Chargers know exactly what went wrong last…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    en_USEnglish