Parliament Budget Session 2025 Live Updates: The first sitting budget session of the Parliament is set to conclude on Thursday. Finance Minister Nirmala Sitharaman is likely to present the Income Tax Bill 2025 today after 2 pm.The Budget Session 2025 first sitting started on January 30, when Finance Minister Nirmala Sitharaman, presented the Economic Survey.
The first sitting will conclude today, ie February 13. The second leg of the Budget Session 2025 will begin on March 10.The new income tax bill is the main highlight of the first sitting of Budget Session 2025.
The I-T Bill will replace the existing Income Tax Act and will pave way for the simplification income tax laws.According to the parliament agenda for Thursday, a joint committee of Parliament on the Waqf (Amendment) Bill is also scheduled to be listed for presentation in the Lok Sabha today.Parliament Budget Session Live: Union Minister Kiran Rijiju on Thursday said that the Cabinet will consider the JPC report presented on Waqf (Amendment) Bill, presented today. It is only after considering the report, the bill will be presented in the houe“The JPC report has been tabled in Parliament.
This will come to the government and it will be considered by the Cabinet and after that, the final Waqf (Amendment) Bill will be presented in the House. The opposition is already opposing the Bill which is not good.
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