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Budget Session Live Updates: The seventh day of the Parliament budget session began at 11 am. Discussion on the union budget 2025-26 is currently underway. Rajya Sabha has decided to sit for two additional hours (till 8pm) today and tomorrow to complete the debate on the Union Budget.

One key highlight will be the introduction of the new Income Tax Bill, which received approval from the Union Cabinet on Friday. The Bill aims to simplify India's direct tax laws. It will not introduce any new tax burdens but seeks to streamline existing provisions, removing long clauses and complex sentences to make the legislation more accessible.

The first part of the Budget session of the Parliament commenced on January 31 and will continue till February 13. The session will reconvene on March 10 and continue till April 4.

Live Updates From Day 7 Of Parliament Budget Session:

Issue Of High Airfares To Prayagraj During Maha Kumbh Raised In Rajya Sabha

The issue of high airfares to Prayagraj during the Maha Kumbh event was raised in the Rajya Sabha during the Question Hour on Monday, with the Civil Aviation minister saying people from across the world are wanting to be a part of the event and it is due to the demand driven market.

Raising the issue during the Question Hour, Congress member Pramod Tiwari said the airfare from New Delhi to London is only Rs 23,000 while one-way fare that from Chennai to Prayagraj is Rs 53000, from Hyderabad, Mumbai and Delhi is Rs 47,500, from Bengaluru to Prayagraj is Rs 51,000 and to and fro airfare from Kolkata to Prayagraj is Rs 25,000.

Highlighting that the airfares during the Maha Kumbh had sky-rocketed and are very high, Tiwari asked, "Does this government believe in faith or loot? There should be no loot in the name of religion, Sanatan." At this the Rajya Sabha chairman said the Maha Kumbh has come after 144 years and more people are wanting to visit Prayagraj and be a part of the event.

Budget Debate: Opposition Calls Tax Relief 'Sugar Rush'; BJP Responds

The treasury and opposition benches sparred on Monday in the Lok Sabha over the Union Budget with the opposition members saying it offered a mere "sugar rush" in tax relief without any long-term benefits, while the ruling side defended it as "booster shot" for the economy.

Participating in the debate on the Union Budget in the Lower House, opposition members expressed concern on issues like the depreciating rupee value, rising government debt and farmers' plight. They said that the budget was "election-centric" and ignored the interests of a vast majority of the population.

Trinamool's Nadimul Haque Raises Concerns Over Alleged Declining Radio Cricket Commentary Standard

Trinamool Congress (TMC) Member of Parliament Nadimul Haque on Monday in Rajya Sabha, expressed concerns over alleged declining standards of cricket commentary on All India Radio (AIR) and suggested some measures, including the appointment of cricket broadcaster Harsha Bhogle as a "captain" of a new team which would ensure "world-class" cricket radio commentary in India.

On behalf of his party, Mr Haque suggested three measures:

  1. Have dedicated channels for each language
  2. The current selection procedure for commentators is opaque on Akashvaani. To create a pool of top commentators, it is essential to have impartial and professional judging system
  3. Select only those commentators who have a thorough understanding of cricket and style to engage the audience

Union Civil Aviation Minister Introduces The Protection Of Interests In Aircraft Objects Bill, 2025

Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu introduces The Protection of Interests in Aircraft Objects Bill, 2025 in Rajya Sabha.

Parliament Budget Session Update: Both Houses Adjourned Till 2 PM

Both Lok Sabha and Rajya Sabha are adjourned till 2pm.

Parliament Budget Session Update

Rajya Sabha will debate Union Budget from 2 pm onwards today.  The House will sit for two additional hours (till 8pm) today and tomorrow to complete the debate on the Union Budget.

Parliament Budget Session Update

Parliament Budget Session Update: Sonia Gandhi Calls To Prioritise Census

Member of Parliament Sonia Gandhi called to prioritise census, which was last scheduled for 2021. Ms Gandhi said that 75% of the rural population and 50% of the urban population are entitled to receive subsidised food grain but the benificaries are still decided on the basis of census 2011. Therefore, it is essential to complete the census.

The Union Budget 2025-26 indicates that it is unlikely census will be completed this year as well, she said. 

"Food security is not a privilege, it is a fundamental right," she added.

Parliament Budget Session Update: Chairman Jagdeep Dhankar Makes An Appeal

Chairman Jagdeep Dhankar appealed to the members of the parliament to patiently hear anyone who has been "legitimately given the floor". He made it clear that no kind of disturbance would be appreciated. "There are occasions when people may be euphoric and otherwise also. This house has to send a very sober message that this house is meant for expression and dialogue and we will uphold it," he said.

Parliament Budget Session Update

Chairman Jagdeep Dhankar extends birthday greeting to Member of Parliament Sanjay Seth in Rajya Sabha.

Parliament Budget Session Update

Congress Minister Manish Tewari gives a motion of adjournment of business in Lok Sabha to discuss the treatment of Indian citizens deported from the United States and the government's response on the matter.

Parliament Budget Session Update: Adjournment Notice To Discuss Arrest Of Indian Fishermen By Sri Lankan Navy

Congress Member of Parliament Manickam Tagore gives adjournment of business notice in Lok Sabha to discuss the issue of the arrest of Indian Fishermen by the Sri Lankan Navy.

Parliament Budget Session Update: AAP Minister Sanjay Singh Calls To Discuss Maha Kumbh Stampede

Member of Parliament Sanjay Singh has given a suspension of business notice in Rajya Sabha under Rule 267 to discuss the issue of Maha Kumbh Stampede.

At least 30 devotees were killed and 60 injured in a stampede at the Maha Kumbh on the morning of Mauni Amavasya on January 29. Prime Minister Narendra Modi extended condolences to "devotees who have lost their loved ones", while assuring that the local administration is helping out the affected.
 

Parliament Budget Session Day 7 Agenda

A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - is likely to be introduced in the Lok Sabha today. The new law, Finance Minister Nirmala Sitharaman said, would be "simple to understand" and also lead to lower tax litigation.

Talk of this code emerged when Ms Sitharaman presented the full 2024-25 budget in July; then she had said the goal was to make current income tax laws simpler to read and understand, and reduce the number of pages of the I-T Act of 1961 by a staggering 60 per cent.

The 1961 Act - which deals with imposition of direct taxes, i.e., personal and corporate tax, as well as those on securities transactions, gifts, and wealth - has 23 chapters and 298 sections.