logo
Zero tolerance is India's new doctrine: Raghav Chadha hails Op Sindoor in Seoul

Zero tolerance is India's new doctrine: Raghav Chadha hails Op Sindoor in Seoul

India Today21-05-2025
Operation Sindoor has sent a clear message that India will strike deep to dismantle terror safe havens and the world must come together for a united front against Pakistan-sponsored terrorism, AAP Rajya Sabha MP Raghav Chadha said at the Leadership Conference (ALC) in South Korea.Chadha said that while India mourns its victims, the country has also demonstrated unprecedented resolve in responding to terror threats and "Zero tolerance is India's new doctrine".advertisementOperation Sindoor was not just a military strike, it was a message, he said. "India does not seek conflict, but will never shy away from defending its people," Chadha asserted, calling for a united global front against Pakistan-sponsored terrorism.
He hailed the operation as proof that India can strike deep and dismantle terror safe havens and emphasised the need for global solidarity in the fight against terrorism.Addressing a packed audience of global leaders and delegates at what is often called the 'Davos of the East', Chadha said, "Operation Sindoor has sent a loud and clear message: India will strike deep and dismantle terror safe havens. We must come together to ensure that such infrastructure finds no shelter anywhere in the world."He invoked India's dual legacy of peace and resistance, citing Mahatma Gandhi's philosophy of non-violence alongside the courage of freedom fighters Bhagat Singh and Subhash Chandra Bose.advertisement
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

New Income Tax Bill cleared by Parliament, awaits President's nod
New Income Tax Bill cleared by Parliament, awaits President's nod

Mint

time6 minutes ago

  • Mint

New Income Tax Bill cleared by Parliament, awaits President's nod

New Delhi: The Rajya Sabha on Tuesday passed the Income Tax Bill, 2025, a day after the Lok Sabha cleared it, paving the way to replace the previous six-decade-old law. It now awaits President Droupadi Murmu's assent. Once signed, the new law will come into effect from 1 April 2026. The Bill is the revised version of the previously introduced Income Tax Bill 2025, which was withdrawn to address various anomalies, inconsistencies, and drafting errors. It will replace the Income Tax Act, 1961. Speaking at the Rajya Sabha on the revised Bill, finance minister Nirmala Sitharaman said the new law, first announced in the July 2024 budget, is designed to be concise, lucid, and taxpayer-friendly, eliminating outdated provisions and simplifying compliance without altering tax rates. She said that over the decades, the 1961 Act had become unwieldy due to multiple additions such as tax deducted at source (TDS), minimum alternate tax (MAT), transfer pricing rules, and various dispute resolution mechanisms. These made it difficult for ordinary taxpayers to navigate, and also made the law prone to multiple interpretations and avoidable litigation. The new Bill reduces the number of sections from 819 to 536, chapters from 47 to 23, and cuts the text length by half, from over 5.1 lakh words to 2.6 lakh, Sitharaman said that for the first time, 39 tables and 40 formulae have been introduced to replace dense text, making the law easier for taxpayers to understand and navigate. 'The income tax department worked very earnestly and repeatedly went through for any overlaps or errors in the language and kept itself constantly up reviewing and correcting, reiterating and so on,' Sitharaman said. A 31-member Parliamentary Select Committee examined the Bill in detail, holding 36 meetings, consulting stakeholders nationwide, and processing 334 memoranda. The panel made 566 recommendations, of which 370 were accepted as originally proposed by the government. Sitharaman emphasised that no new tax rates are contained in the Bill, and rate or slab revisions will continue to be made through the annual Finance Bill. She added that the government's standing commitment since 2019 remains not to increase the tax burden, citing the exemption for incomes up to ₹ 12 lakh a year. The government aims to implement the law from 1 April 2026, with IT systems being updated and SOPs, FAQs, and a guidance memorandum planned to help taxpayers transition smoothly. The finance minister also moved the Taxation Laws Amendment Bill, making four urgent changes to the 1961 Act. These included tax exemptions for specified sovereign wealth and pension funds investing in infrastructure, abatement of block assessment cases, clarification on the ₹ 75,000 standard deduction, and harmonization of pension product deductions, noting that these provisions have also been incorporated into the new Bill.

Simple language, lucid, says FM as Parliament passes Income Tax Bill, 2025
Simple language, lucid, says FM as Parliament passes Income Tax Bill, 2025

Business Standard

time6 minutes ago

  • Business Standard

Simple language, lucid, says FM as Parliament passes Income Tax Bill, 2025

Parliament on Tuesday passed the Income Tax Bill, 2025, with the Rajya Sabha returning the legislation to the Lok Sabha by voice vote. The bill was passed in the Lok Sabha on Monday, and will replace the Income Tax Act, 1961. Explaining the rationale for the new law, Finance Minister Nirmala Sitharaman said, 'Some parts of the Income Tax Act, 1961, have become outdated and hence a new legislation was needed.' She added that the aim of bringing in a new law is for simplifying the language and lucidity which is required for understanding. "By removing redundant provisions and archaic language, we have reduced the number of Sections from 819 to just 536. We have cut the number of Chapters from 47 to 23. The number of words have been reduced from 5.12 lakhs to 2.6 lakhs," she added Opposition members staged a walkout in the Rajya Sabha during the discussion, mirroring their protest in the Lok Sabha on Monday. The minister criticised the Opposition for the same, saying, 'I am shocked that the Opposition doesn't want to participate. Opposition had agreed in the Business Advisory Committee to debate in the Lok Sabha & Rajya Sabha." She also introduced the Taxation Laws (Amendment) Bill, 2025, in the upper house. The revised legislation adopts most of the recommendations made by the Select Committee led by Lok Sabha member Baijayant Panda. A key change is relief from the alternative minimum tax (AMT) for partnership firms and limited liability partnerships (LLPs). The AMT, set at 18.5 per cent plus cess and surcharge for non-corporate taxpayers, is designed to prevent high earners from eliminating their tax liability through exemptions. LLPs with only long-term capital gains are otherwise taxed at 12.5 per cent. In its earlier draft, the Bill had left out a crucial reference to Chapter VI-A deductions in the AMT provisions for LLPs. Without this, even LLPs earning solely LTCG taxed at 12.5 per cent would have faced the higher AMT rate. The updated draft restores this reference in Clause 206, ensuring AMT is triggered only when total income is reduced by such deductions, in line with the original intent.

Finance Minister Nirmala Sitharaman Slams Oppn Walkout, Defends Income Tax Bill As ‘Simple And Fair'
Finance Minister Nirmala Sitharaman Slams Oppn Walkout, Defends Income Tax Bill As ‘Simple And Fair'

Time of India

time6 minutes ago

  • Time of India

Finance Minister Nirmala Sitharaman Slams Oppn Walkout, Defends Income Tax Bill As ‘Simple And Fair'

/ Aug 12, 2025, 07:59PM IST Finance Minister Nirmala Sitharaman took a sharp swipe at Opposition parties for walking out of Parliament during the crucial Income Tax Bill debate. She highlighted that the new bill aims to simplify tax language and compliance without raising rates. The Narendra Modi government, she said, is committed to modernising outdated tax laws to match today's economy. Despite prior agreement to a 16-hour debate, Opposition MPs staged protests over unrelated issues, forcing a quick passage of the bill in the Rajya Sabha by voice vote. The clash has sparked a political storm, with governance and tax reform caught in the crossfire.#nirmalasitharaman #incometaxbill2025 #parliament #oppositionwalkout #taxreform #modigovernment #rajyasabha #loksabha #indianpolitics #taxlaws #breakingnews #trending #trendingnow #toi #bharat #toibharat #indianews

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store