Responsive Menu
Add more content here...

The Finance Bill 2024 Passed In Lok Sabha, To Provide Relief To Taxpayers

Spread the love

Lok Sabha on Wednesday passed The Finance Bill, 2024. It will now be moved in the Upper House for its consideration and passage.

The bill was moved by Union Finance Minister Nirmala Sitharaman. The bill aims to continue the existing rates of income tax for the financial year 2024-2025 to provide for certain relief to taxpayers and to make amendments in certain enactments.

“Finance Minister Sitharaman will move that the Bill to continue the existing rates of income-tax for the financial year 2024-2025 and to provide for certain relief to taxpayers and to make amendments in certain enactments, be taken into consideration. Also to move that the Bill be passed,” the List of Business in the House for the day read.

Meanwhile, among the key bills passed on Wednesday in the lower house was the Uniform Civil Code

It is a proposal in India to formulate and implement personal laws of citizens which apply to all citizens equally regardless of their religion, gender and sexual orientation.

The bill contains the laws relating to marriage, divorce, succession, live-in relationships, and related matters. Among the many proposals, the Uniform Civil Code Bill makes it compulsory for live-in relationships to be registered under the law. Once the proposed UCC Bill is in place, “live-in relationships” will have to get registered under the law within 1 month from the “date of entering into the relationship.

READ ALSO : Nitish Kumar says ‘here forever’ after meeting PM Modi in Delhi: ‘Beech mein do baar…’

After the Uttarakhand assembly gave its nod to the Uniform Civil Code (UCC) Bill, Chief Minister Pushkar Singh Dhami said on Wednesday that it is the good fortune of people of the state.

“The people of Devbhoomi, Uttarakhand, are witnesses to this fortune. The uniformity that should have existed, something that is stated in the Constitution, what the makers of the Constitution wanted, has been done by Uttarakhand today,” the Chief Minister said while addressing a public gathering in Dehradun.

source by: Jagran English News

Read the latest and breaking Hindi news | English News on अब पाएं सबसे निष्पक्ष, विश्वसनीय और तेज खबरें, सिर्फ WWW.THEINSIGHTTODAY.COM पर. Get live Hindi news about India and the World from politics, sports, bollywood, business, cities, lifestyle, astrology, spirituality, jobs and much more. Read Latest News on your Mobile app so Download Mobile app The Insight Today