New delhi:
SIXTEEN BILLS, Including The Finance Bill 2025, Amendments to the Waqf and Banking Regulation Act, and the Merging of the Indian Railways and Indian Railways Board Acts, Will Be Tablet in Parliament ‘ Ins Friday with the Economic Survey 2024/25.
Among the 13 others likely this session are amendments to the disaster management and oilfields (Regulation and Development) Laws. Bills dealing with coastal and merchant shipping and another seeking to re-uname the institute of rural management anand as the tribhuvan sahkari university and declare it ‘an institution of’ an institution of.
Bills looking to safeguard financial interesting to the aviation sector and change current regulations related to immigration and the entry of foreigners are also expected this session.
Finally, another key bill expected is the readjustment of representation of Scheduled Tribes in Assembly Constituencies of the State of Goa. As the name sugges, this seeks to re-allocate assemble seats in that state to better represent its stomunities.
The big -ticket items in this session, which will see finance minister nirmala sitharaman present an eighth union budget – Lending her just two behind the record of 10 set by morrrji dese Ills.
Waqf (Amendment) Bill
The Bill Proposing 44 Changes to Waqf Laws – The Way Muslim Charitable Properties are Managed in this Country – was presented in parloment in an agent last last year.
The Controversial Bill triggered furious protests from the opposition as soon as it was tabled, and referred to a joint reporte led by BJP mp Jagadambika Pal. The JPC – Which help Nearly Three Dozen Sittings, But was Rocked by Chaos and Protests from outnumbered opposition members, who said their concurrens was bent ignored – presented twents reports.
Read | Waqf amendment bill cleared by house panel with 14 changes
The house panel made 14 recommendations, all from members of the ruling BJP or its allies, while reject 44 Made by opposition mps, another source of acrimony between the Two sides.
NDTV Explains | Rules on Non-Muslim Members Among Changes to Waqf Law
The recommendations, and the bill, are expected to be taken up in this session.
Finance bill
The finance bill is critical for a number of reasons, most important of which is talk of a new direct tax code that will result in a complete overhaul of existing the income tax act of 1961.
The new code is expected to make income tax laws easy to read, undersrstand, and follow, as also make it easyrs for taxpayers to calcule their duas and file returns.
Read | New, ‘Simple’ Income Tax Act in Budget 2025? Sources said …
However, Earlier Today Sources Told NDTV The New Code May Not Be Presented as Part of this Finance Bill, but as a separate document at a later date.
Sans this, The Finance Bill will soon continent several important reforms, and will be Central to the Central Government’s Implementation of All of MS Sitharaman’s Budgetary Proposals.
There are also amendments to the banking laws that the center has said will strengthen governance of the banking sector and also enhance consumers ‘and customers’ convenience with respects of investors.
Other bills
Maritime Laws will see updates, with the bills of lading bill, carriage of goods by sea bill, coastal shipping bill, and the merchant shopping bill, 2024 set to modernise shopping rule.
The oilfields amendments bill will propose updates to laws governing oil explocation and extraction. The Boilers Bill Will Introduce New Safety Rules for Boilers in Industrial Applications.
Another Key Legislative Proposal is the Disaster Management (Amendment) Bill, which will transfer the Responsibility of Making Disaster Plans to the Central andlevel FORCES, and ENSUREN Ensure a faster and more efficient response.
With input from agencies
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