This was after the veteran did not get help from I-T principal commissioner for refunding taxes related to his disability pension between the assessment years 2006-2007 & 2018-2019.
In his I-Day speech, PM also spoke about reforms initiated by his govt, saying that in ongoing monsoon session, over 280 provisions were removed from I-T law, making governance simpler.
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.
Indian judiciary has a corrosive imbalance between the bar and the bench. Those who supervise the district judiciary do so without the lived experience that is essential for meaningful reform.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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