Legislative bills
The Lok Sabha on Monday passed the revised Income Tax Bill 2025, a major reform aimed at modernizing and simplifying India's decades-old income tax law. The bill, introduced by Finance Minister Nirmala Sitharaman, incorporates recommendations from the Select Committee of Parliament and aims to ease compliance for taxpayers,
Legislative bills
A new law designed to encourage the retention and hiring of journalists has provided $4 million in state tax credits to 40 Illinois local news entities, operating 120 outlets. The recipients represent a diverse cross-section of Illinois' local news ecosystem, spanning major legacy organizations, small community newspapers, digital startups,
Legislative bills
U.S. Senator Bill Cassidy, M.D. (R-LA) has introduced the Working Waterfronts Disaster Mitigation Tax Credit Act, aimed at providing financial resources to working waterfronts to shore up their infrastructure. The legislation, co-sponsored by Senators Angus King (I-ME) and Representatives Chellie Pingree (D-ME-01) and Greg Murphy (R-NC-03), aims to
Legislative bills
The Lok Sabha has passed a revised income tax bill, which aims to simplify the law's language, reduce bulk, eliminate redundancies, and enhance clarity. The Income Tax (No. 2) Bill, 2025, was introduced by finance minister Nirmala Sitharaman and passed without debate, despite protests from opposition parties over
Legislative bills
The Lok Sabha has passed the revised Income Tax Bill, 2025, which will replace the Income Tax Act, 1961 from April 1, 2026. The new bill aims to simplify the tax laws, making them easier to understand and apply. The bill eliminates the concepts of assessment year and previous year,
Legislative bills
Congresswoman Nikema Williams (GA-05) has introduced the most comprehensive voting rights legislative package in congressional history, commemorating the 60th anniversary of the Voting Rights Act. The package, which enjoys broad, bi-cameral support, addresses every aspect of voting, voter registration, and election administration to ensure that every eligible voter can participate
Legislative bills
The Indiana Chamber of Commerce has released its 41st annual Legislator Scorecard, which grades lawmakers on their support of major business legislation. The scorecard, based on 12 key policies, found that Republican lawmakers generally aligned with the Chamber's views, with over 50 lawmakers earning a perfect score. However,
Legislative bills
The Lok Sabha on Monday passed two significant bills aimed at overhauling the sports governance framework in India: the National Sports Governance Bill, 2025 and the National Anti-Doping (Amendment) Bill, 2025. Introduced on July 23, these bills aim to provide a unified and effective system for sports governance, welfare measures
Legislative bills
The Lok Sabha passed two taxation bills, Income Tax (No. 2) Bill, 2025 and Taxation Laws (Amendment) Bill, 2025, amidst continued protests from Opposition members on August 11, 2025. Finance Minister Nirmala Sitharaman introduced the bills for passage, which were approved by voice vote without any debate. The Opposition accused
Legislative bills
U.S. Senator Jeanne Shaheen (D-NH) has successfully secured priorities in the Fiscal Year (FY) 2026 Military Construction, Veterans Affairs, and Related Agencies (MilCon-VA) Appropriations bill, which passed the Senate with bipartisan support. The bill includes provisions that will ensure veterans can access healthcare, including substance use disorder treatment, and
Legislative bills
As the US marks the 60th anniversary of the Voting Rights Act of 1965, Rep. Jasmine Crockett (TX-30) and Rep. Nikema Williams (GA-6) have introduced two critical pieces of legislation to protect and expand access to the ballot. The SWIFT VOTE Act and the POLL Act aim to address the
Legislative bills
Finance Minister Nirmala Sitharaman announced the withdrawal of the original Income Tax Bill, 2025, in the Lok Sabha, stating that the government will introduce a revised version incorporating suggestions made by the Select Committee. The updated Bill will include most of the recommendations made by the 31-member Select Committee chaired
