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A fresh bill would be introduced in the Lok Sabha in due course, which would replace the Income-tax Act, 1961.
Sending a strong signal to the US President Donald Trump, Defence Minister Rajnath Singh’s scheduled visit to Washington to announce deals for the procurement of weapons and aircraft has been cancelled. It is considered to be the Indian response to the 50% US tariff.
Six months after introducing the Income-tax Bill, 2025 in the Lok Sabha, the Union government has formally withdrawn the bill. But what was the Income Tax Bill, 2025? And why was it withdrawn? Let’s discuss.
FEATURED POST
Who is GP Mehra? Rs 33 lakh cash, gold worth crores, luxury cars, recovered from retired PWD engineer
The Lokayukta police on Thursday conducted raids at multiple premises of a retired engineer-in-chief of the Madhya Pradesh Public Works Department (PWD), …
Shocking racism video goes viral: Indian woman in Ireland asked to ‘Go back to India’
An Indian-origin woman in Dublin, Swati Verma, was told to “go back to India” in a racist encounter. The viral video sparks …