Parliament Session Highlights: The Waqf (Amendment) Bill, which will amend the law governing Waqf boards, is likely to be introduced in the Parliament today. The bill aims to rename the Waqf Act, 1995, as the Unified Waqf Management, Empowerment, Efficiency and Development Act, 1995.
It also seeks to omit Section 40 of the current law relating to the powers of the Board to decide if a property is Waqf property. It provides for a broad-based composition of the Central Waqf Council and the State Waqf Boards and ensures the representation of Muslim women and non-Muslims in such bodies.
The monsoon session of Parliament commenced on July 22 and is scheduled to conclude on August 12.
Here are highlights on the Parliament Session:
Aug 07, 2024 18:35 (IST)
Parliament Session 2024:
Lok Sabha approves Finance Bill (No.2), 2024, with 45 amendments, gives effect to tax proposals.
Aug 07, 2024 18:33 (IST)
Parliament Session 2024:
Finance Minister Nirmala Sitharaman said in the parliament today that the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two. She said the rollover benefit will be available to taxpayers who buy new immovable property utilising the capital gains on the sale of old property.
Aug 07, 2024 14:07 (IST)
Parliament Session 2024: Rajya Sabha Resumes Proceedings
Rajya Sabha has now resumed proceedings after lunch break.
Aug 07, 2024 13:18 (IST)
Parliament Session 2024 LIVE Updates: Rajya Sabha Adjourned Till 2 PM
Rajya Sabha has been adjourned till 2 PM today.
Aug 07, 2024 12:59 (IST)
Parliament Session 2024: Sports Minister To Make Statement On Vinesh Phogat's Olympics Disqualification
Sports Minister Mansukh Mandaviya will today make a statement in Lok Sabha on India's ace grappler Vinesh Phogat's disqualification from the 2024 Paris Olympics.
Aug 07, 2024 09:08 (IST)
Parliament Session Live: Waqf Bill Likely To Be Introduced Today
The Waqf (Amendment) Bill, which will amend the law governing Waqf boards, is likely to be introduced in the Parliament today.
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