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

    Stock market today: Nifty50 opens flat near 26,150; BSE Sensex above 85,600

    Market analysts anticipate consolidation with an upward trend, backed by RBI’s monetary policy, consistent domestic fund flows. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark…

    From hustle to healthy culture: How The Bill to Disconnect can become India’s most democratised workplace reform

    After-office phone calls, emails, and constant buzzing have become a common workplace scenario in India. The repercussions trickle silently into homes through dinner plates pushed aside for late-night calls, children…

    प्रातिक्रिया दे

    आपका ईमेल पता प्रकाशित नहीं किया जाएगा. आवश्यक फ़ील्ड चिह्नित हैं *

    hi_INहिन्दी