Budget Session Live Updates: Day 9 of the Parliament Budget Session began with a huge uproar over the Joint Parliamentary Committee report on the Waqf (Amendment) Bill. The opposition has alleged the deletion of dissent notes. Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge, called the report "unconstitutional" and "fake." He urged the leader of the House JP Nadda to take back the "unconstitutional" JPC report.
Meanwhile, the Lok Sabha has been adjourned till 2 pm.
A new Income Tax Bill is likely to be tabled in the parliament today, according to what sources have told NDTV. The bill seeks to replace the Income Tax Act of 1961 and simplify the language of the existing act.
Once introduced in the Lok Sabha, likely on Thursday, the Bill will be sent to the Parliamentary Standing Committee on Finance for further deliberations. The new law is expected to take effect on April 1, 2026.
The bill will not change the existing tax slabs or review the tax rebate given. Instead, it aims to make the six-decade-old legislation reader-friendly.
Live Updates From Day 9 Of Parliament Budget Session:
Parliament Budget Session Update
Many members of Parliament met the Lok Sabha speaker Om Birla after which they were assured that as many dissent notes as possible have been included in the Joint Parliamentary Committee (JPC) Report on Waqf (Amendment) Bill, 2024.
Speaking to NDTV, AIMIM Chief Asaduddin Owaisi said, "We told the speaker that many parts of our dissent note have not been included in the report. The Speaker called the Secretary General after which we had a meeting with the Joint Secretary. We have been assured that as many dissent notes as possible given by the opposition MPs will be included in the report Now let's see whether our point is prominently included in the report presented in the Lok Sabha at 2 pm or not."
Parliament Budget Session Update: Parliamentary Report On Wqaf Bill In Lok Sabha
The Joint Parliamentary Committee (JPC) Report on Waqf Bill will be tabled in the Lok Sabha at 2 PM.
JP Nadda Hits At Opposition, Calls To Conduct Parliament Proceedings In A Constitutional Manner
Leader of the House JP Nadda hit back at the opposition amid chaos over Parliamentary report. Mr Nadda slammed opposition's conduct. "Debates and discussions are necessary in Parliament. In a democracy, we agree to disagree. But we must uphold traditions and conduct proceedings in a constitutional manner," he asserted.
Expressing disappointment, he added, "Despite repeated requests from the Chair, the Opposition disrupted the House even during the President's message. This behaviour is highly irresponsible and deserves strong condemnation."
"Unconstitutional:" Congress President Mallikarjun Kharge On Parliamentary Report
Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge, called the Parliamentary report on the Waqf (Amendment) Bill "unconstitutional" and "fake." He claimed that multiple members had submitted dissent notes, but the majority view was forced through without due consideration.
"The JPC report on Waqf had dissenting views from several members, but they were bulldozed. This is not right. It is condemnable and an anti-democratic act," Mr Kharge said.
"The dissenting views were deleted, and the report is being tabled. I condemn this, and the House will never accept this fake report," he added.
Congress President called to withdraw the report and review it again.
Parliament Budget Session Update: Congress' Gaurav Gogoi On Parliamentary Report
Congress minister Gaurav Gogoi said instead of focusing on the already available Waqf Act, an attempt is being made to bring a politically motivated amendment. He asserted that several members of parliament have expressed their dissent in the Joint Parliamentary Committee (JPC) report, highlighting the constitutional negligence caused by this bill.
"Currently, there is an act that manages Waqf properties, and instead of focusing on how the government can better implement this act, an attempt has been made to bring a politically motivated amendment," he said while speaking to the news agency ANI.
"When the Bill will be discussed in the Parliament, it will become clear how the government brought this bill without any preparation," Gogoi added.
Parliament Budget Session Update
Union Parliamentary Affairs Minister Kiren Rijiju tagged opposition's claims of dissent notes being deleted as "baseless". He said no opposition notes have been deleted.
"Some of the concerns raised by the Opposition were verified, and I found that no section of the report was removed. Everything has been tabled before the House. On what basis are these allegations being made? Do not mislead the issue," Mr Rijiju said.
Rajya Sabha Chairman Delivers The Message Of President Of India
#BudgetSession2025 #RajyaSabha Chairman delivers the message of President of India. @VPIndia pic.twitter.com/lbQ0YY461p
— SansadTV (@sansad_tv) February 13, 2025
Parliament Budget Session Update: TMC MP Dola Sen Opposes Parliamentary Report
"This is unconventional that before tabling the Joint Parliamentary Committee (JPC) report in the Lok Sabha, they tabled in Rajya Sabha," said TMC Minister and Rajya Sabha member Dola Sen. "Dissent notes were censored in the JPC report," she added.
Parliament Budget Session Update: Rajya Sabha Adjourned
Rajya Sabha adjourned till 11:20 am amid uproar by opposition after tabling of joint committee of Parliament report on Waqf bill.
The report was tabled by BJP member Medha Vishram Kulkarni, a member of the panel.
Parliament Budget Session Update: Parliamentary Report Tabled In Rajya Sabha
The Joint Parliamentary Committee report tabled in the Rajya Sabha.
Parliament Budget Session Update: Lok Sabha Adjourned Till 2 PM
Lok Sabha has been adjourned till 2 pm.
Parliament Budget Session Update: What Does Joint Parliamentary Committee's Report On The Waqf (Amendment) Bill Say
BJP Minister and Chairman of the Joint Parliamentary Committee (JPC) on the Waqf (Amendment) Bill, Jagadambika Pal said on Thursday that the JPC will present its report in Parliament today, after six months of nationwide consultations.
"Today the JPC will produce its report in the Parliament. To have a detailed discussion and deliberation, the JPC was formed six months ago. In the last six months, we have prepared a report after touring the whole nation. We have adopted 25 amendments in 14 clauses," he said.
Parliament Budget Session Update
Congress MP Manish Tewari files an Adjournment Motion in the Lok Sabha to discuss the establishment of a renewable energy facility in close proximity to the Indo-Pakistan border. pic.twitter.com/05lKCeReDd
— ANI (@ANI) February 13, 2025
Reader Friendly, Tables For Calculation Among Key Features Of New Income Tax Bill
The Bill comprises 536 sections, 23 chapters and 16 schedules in just 622 pages. It does not bring in any new taxes, but only simplifies the language of the existing Income Tax Act, 1961.
The six-decade old legislation has 298 sections and 14 schedules. It had 880 pages when the Act was introduced.
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in the Lok Sabha on Thursday, February 13, 2025.
Once enacted, the proposed bill will replace the six-decade-old Income Tax Act of 1961, which has become increasingly complex and cumbersome due to numerous amendments.
One of the key changes in the new law is replacing the term "previous year" in the Income Tax Act, 1961, with "tax year." Additionally, the concept of an "assessment year" has been eliminated. Currently, tax for income earned in the previous year (e.g., 2023-24) is paid in the assessment year (e.g., 2024-25). The new bill simplifies this structure by introducing a single "tax year."
Parliament Budget Session Update: Rajya Sabha's Agenda Today
- Finance Minister Nirmala Sitharaman will reply to the debate on Union Budget 2025-26 tentatively around 4 pm
- Report of the joint committee on the Waqf (Amendment) Bill, 2024
Parliament Budget Session Update: Lok Sabha's Agenda Today
On Lok Sabha's agenda today are:
- Union Finance Minister Nirmala Sitharaman will introduce Income Tax Bill, 2025 to consolidate and amend the law relating to income tax
- BJP Minister and Chairman of the Joint Parliamentary Committee on the Waqf (Amendment) Bill, Jagadambika PalJagdambika Pal along with Dr Sanjay Jaiswal will present the report of the joint committee on the Waqf (Amendment) Bill, 2024
- Record of evidence of the joint committee on the Waqf (Amendment) Bill, 2024
