The Monsoon Session of Parliament, starting from 21st July, with 21 sittings planned. The Government aims to introduce eight new bills, including the Income Tax Bill 2025 and proposals on sports governance, anti-doping, and mining reforms. Extension of President’s Rule in Manipur is also expected.
The Central Government is gearing up to introduce eight new bills during the upcoming Monsoon Session of Parliament, which will run from 21s July to 21st August, a total of 21 sittings. Among the key legislative agendas is the long-anticipated Income Tax Bill 2025, which aims to overhaul and simplify the existing Income Tax Act of 1961. The bill was previously introduced in the last session and is currently under review by a Joint Parliamentary Committee (JPC). If passed during this session, the new income tax law is expected to come into force from 1st April, 2026.
According to official sources, Finance Minister Nirmala Sitharaman had earlier outlined the objectives of the new bill during the Union Budget presentation in February, stating that the legislation is intended to eliminate complexities in the current tax framework and align it with a more modern and taxpayer-friendly regime.
Also Read: Extortion in CCL’s Giddi-A Project, CBI Arrested CCL Manager and 3 Others in Jharkhand
Manipur President’s Rule Likely to Be Extended
Another major item on the agenda is the proposal to extend President’s Rule in Manipur, which is expected to be tabled and approved during the session. The northeastern state has been under President’s Rule following prolonged political instability and law and order concerns.
Key Legislative Proposals Expected
Besides the Income Tax Bill, the Government is preparing to introduce and push for the passage of the following bills:
National Sports Governance Bill – aimed at bringing transparency and accountability in sports administration.
National Anti-Doping (Amendment) Bill – to strengthen anti-doping mechanisms and align with international norms.
Mines and Minerals (Amendment) Bill – likely to propose reforms in licensing, exploration, and sustainability in the mining sector.
Indian Ports Bill – to streamline port governance and modernize existing port laws.
Manipur GST Amendment Bill – to bring local tax laws in sync with national GST regulations.
Taxation Laws (Amendment) Bill – focusing on structural changes in tax administration.
Jan Vishwas (Amendment) Bill – aimed at reducing compliance burden and decriminalizing minor offenses across various laws.
These legislative initiatives indicate the Government’s push to modernize outdated frameworks and address policy gaps across key sectors, from taxation and governance to sports and trade.
Join the WhatsApp Group of Business Jharkhand to Stay tuned for all the latest updates of industrial-political developments in Jharkhand.
