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26Mar 2025

Boilers Bill 2024 Passed to Strengthen Safety & Business Ease

Why in the News ? Parliament has passed the Boilers Bill 2024, replacing the Boilers Act 1923, to improve boiler safety regulations, ensure uniform registration and inspection, and facilitate ease of doing business. The Bill retains strict penalties for serious offences while introducing decriminalization for minor violations. Key Provisions of the Boilers Bill 2024: Repeals …

26Mar 2025

Lok Sabha Passes Finance Bill 2025, Announces Major Tax Relief

Why in the News ? The Lok Sabha has passed the Finance Bill 2025, introducing zero income tax for income up to ₹12 lakh under the new tax regime. The Bill also focuses on tariff rationalization, boosting domestic manufacturing, and supporting startups with extended benefits. Key Provisions of the Finance Bill 2025: Tax Benefits: Under …

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