Finance Minister Nirmala Sitharaman

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable. Jul 23, 2024
In Major Setback To INDIA Block, BJP Gets Mayor In Chandigarh

BJP retains mayor's post in Chandigarh despite majority from Congress-AAP alliance

The BJP has 14 councillors, with an additional vote from Member of Parliament and ex-officio member Kirron Kher, while the AAP has 13 councillors, and the Congress holds seven. The Shiromani Akali Dal has one councillor in the House. The election process was fraught with controversy, with eight out of 36 votes being declared invalid by the presiding authority, Anil Masih, a nominated councilor with no voting rights. Jan 30, 2024