The 2025 Parliamentary Budget Conference will be held in two phases from January 31, 2025 to April 4, 2025. The first session will end on 13 February and the second session will begin on 10 March. The 2025 budget meeting includes 16 bills, including the Finance Act, the WAQF (Amendment) Act, and the Immigration and Foreigners Act. The main discussions will focus on economic policies, tax reform, banking regulations and disaster management. The session will also consider grants for 2025-26 and the requirements for complementary allocations for 2024-25, thus shaping the Indian fiscal and legislative framework for the next year.
- Can You Spot 1739 among 1789 in 30 Seconds? Explanation And Solution To The Optical Illusion
- Optical Illusion Hide And Seek: In Less Than 21 Seconds, Can You Locate The Hedgehog?
- 30+ Greatest Innovations and New Technologies in 2024
- The Gulf of Mexico: U.S. Strategy, Location, and Importance
- Observation Skills Test: Can you find the odd Dog within 10 seconds?
Source: sansad.in
Indian Parliamentary Meeting
Parliamentary meetings are crucial to governance, allowing legislators to consider policies, pass laws and supervise executives. Article 85 of the Indian Constitution ruled the convening of the parliamentary session, expected and disbanded.
Constitutional provisions
|
article |
Terms |
|
85 (1) |
The President convenes each Parliament at the time and place deemed appropriate, ensuring that no more than six months between sessions. |
|
85 (2) |
The President has the right to release or disband Lok Sabha when needed. |
.jpg)
Parliamentary meeting type
The Indian Parliament usually holds three regular meetings per year:
1. Budget meeting (February to March)
- Purpose: Discuss and approve the union budget.
- Activity:
- The President’s speech.
- Budget speeches and debates.
- Review of budget allocation by the Parliamentary Committee.
2. Monsoon Conference (July to August)
- Purpose: Legislative discussion and resolution of national issues.
- Activity:
- Introduction and approval of bills.
- Debate on government policy and opposition issues.
3. Winter Conference (November-December)
- Purpose: Legislative business and government performance review.
- Activity:
- Introduce new bills.
- Review pending legislation.
- Discuss the effectiveness of governance.
Now let’s take a look at the key highlights of the 2025 budget meeting and the bill list.
Overview
- Meeting date: January 31, 2025 – April 4, 2025
- Intercession period: February 13 to March 9, 2025
- Rest time: February 13 to March 10, 2025
- Recovery date: March 10, 2025
- Conclusion date: April 4, 2025
- Total seats: 27 (9 out of the first part, 18 in the second part)
- Total bill: 16 (to be introduced), 13 (considered and passed)
- Main key areas: economic reform, governance, financial policy and legislative amendments
- Key Events:
Bill to be introduced
|
s.no. |
Bill name |
Purpose |
| 1. |
Financial Act, 2025 |
Manage financial advice, including tax changes and economic reforms |
| 2. |
Protection of interest in the Aircraft Objects Act 2025 |
Solve financial security in the aviation sector |
| 3. |
See more : One Of The Couples In This Picture Is Different From The Others. Can You Find Them In This Image? Tribhuvan Sahkari University Act, 2025 |
Rename the Rural Management Institute Anand and promote it to national importance |
| 4. |
Immigration and Foreign Act, 2025 |
Update regulations on immigration and entry of foreigners |
| 5. |
Banking Act (Amendment) Act, 2024 |
Strengthen bank governance and consumer protection |
| 6. |
Railways (Amendment) Act, 2024 |
Merge Indian Railways and Indian Railways Commission Act |
| 7. |
Disaster Management (Amendment) Act, 2024 |
Transfer responsibility for disaster planning to central and state agencies |
| 8. |
See more : Dog Among Cat Optical Illusion: Spot the Dog if You are a Genius Oilfield (Regulations and Development) Amendment, 2024 |
Updated laws on oil exploration and extraction |
Considered and passed bills
|
s.no. |
Bill name |
Purpose |
| 1. |
Banking Act (Amendment) Act, 2024 |
Strengthen the governance of the banking industry |
| 2. |
Railways (Amendment) Act, 2024 |
Unified regulatory framework for Indian railways |
| 3. |
Disaster Management (Amendment) Act, 2024 |
Improve disaster response mechanisms |
| 4. |
See more : Dog Among Cat Optical Illusion: Spot the Dog if You are a Genius Oilfield (Regulations and Development) Amendment, 2024 |
Strengthen the regulatory framework for oil exploration |
| 5. |
Boiler Act, 2024 |
Introduce stricter industrial safety measures |
| 6. |
WAQF (Amendment) Act, 2024 |
Propose 44 changes to WAQF administration law |
| 7. |
Musalman Waqf (Repeal) Act, 2024 |
Abolish outdated WAQF laws |
| 8. |
Bill of Lading Act, 2024 |
Update the Maritime Trade Law |
| 9. |
Cargo Transportation by Maritime Act, 2024 |
Modern marine cargo regulations |
| 10. |
Coastal Transport Act, 2024 |
Strengthen domestic coastal transportation regulations |
| 11. |
Commodity Transport Act, 2024 |
Strengthen the international maritime trade framework |
| 12. |
2024 |
Reconnected assembled seats for better representation |
Key financial services
- Grants Need 2025-26: Discussion, Voting and Passing Related Appropriations Acts
- Excess Grants Need 2021-22: Approval and Adoption of Economic Adjustments
- Supplementary requirements for grants 2024-25: Discussion and approval of other budget regulations
Highlights of key bills
1. WAQF (Amendment) Act, 2024
- Proposed changes: 44 amendments to WAQF laws on Muslim charitable properties
- Controversy: Opposition draws attention to exclusion suggestions
- Status: Transferred to the Joint Parliamentary Committee (JPC), which made 14 recommendations
.jpg)
Source: livelaw.in
2. Financial Act, 2025
- Potential reform: Simplifying the introduction of income tax codes
- Target:
- Relax tax compliance
- Improve the clarity of tax regulations
- Improve the convenience of taxpayers
- Status: Discussion pending, tax reform may be introduced separately
3. Banking Act (Amendment) Act, 2024
- Purpose: Strengthen bank governance and improve customer service
- Proposed changes: Improved investor protection and simplified nominations
4. Disaster Management (Amendment) Act, 2024
- Key changes:
- Transfer disaster plans to central and state authorities
- Introducing a unified national disaster response database
5. Coastal and merchant shipping bills
- Purpose: Modernize maritime trade law and improve transportation efficiency
- Covered bills:
- Bill of Lading Act, 2024
- Sea Act Transportation of Goods, 2024
- Coastal Transport Act, 2024
- Commodity Transport Act, 2024
in conclusion
The 2025 budget meeting will be a critical period for economic and governance reforms, with major legislation involving financial, infrastructure and regulatory improvements. Fierce debate is expected, especially on tax policies, banking reforms and WAQF law amendments. The outcome of the conference will significantly shape India’s policy and financial landscape in the coming years.
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion