FM Nirmala Sitharaman Friday moved to withdraw the Income-Tax Bill, 2025, after the BJP MP Baijayant Panda-headed 31-member Select Committee had suggested a few changes to the legislation.
International media also reports on the financial revolution brewing among the middle class & the north-south divide over the 2026 delimitation proposal.
FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Select Committee for review—incorporated “substantial changes” from original Act. Tax rates remain unchanged.
PM Modi takes problems head-on with a multi-year plan and clear outcomes. It requires patience and is often met with opposition from people who prefer shortcuts.
Budget 2025 makes it clear the government’s privatisation mission has been buried. It wants to pump money into CPSEs, and receive ever-increasing dividends.
In Budget speech, FM Sitharaman said this will reduce tax burden & leave more money in their hands. The govt also raised TDS exemption limit & TCS threshold on foreign remittances.
The guidelines ask whether a student can climb stairs, but not whether the college has a ramp. They ask whether a student can bear weight, but not whether the system can bear the weight of its own prejudice.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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