Cabinet Allocates ₹8,800 Crore to Enhance Skill India Programme

By BPN News Desk February 9, 2025

Government Policies National

The Union Cabinet has sanctioned the continuation and restructuring of the Skill India Programme (SIP) until 2026, with a financial outlay of ₹8,800 crore covering the period from 2022-23 to 2025-26. This initiative underscores the government’s commitment to developing a skilled,

Economy National

Cabinet Approves New Income Tax Bill for Parliamentary Introduction

By BPN News Desk February 8, 2025

The Union Cabinet has given its approval to a new Income Tax Bill, which is scheduled to be introduced in Parliament next week. This legislative move seeks to replace the existing Income Tax Act, which has been in force for over six decades, with a more contemporary framework. Objective of the New Income Tax Bill […]

Business Finance

Cabinet Set to Approve New Income Tax Bill for Reforms

By BPN News Desk February 6, 2025

The Union Cabinet is set to approve a new Income Tax Bill on February 7, with plans to introduce it in the Lok Sabha during the ongoing Budget session. This bill seeks to replace the existing Income Tax Act of 1961 with a more streamlined and taxpayer-friendly system. Objective of the New Tax Bill The […]