March 28, 2025

parliament

Banking

Parliament amends banking laws to allow 4 nominees – Banking & Finance News

Parliament approved the Banking Laws (Amendment) Bill to allow account holders to have up to four nominees and enhance investor protection, with the Rajya Sabha giving its nod to it on Wednesday. The Lok Sabha passed the Bill on December 3 last year. The Bill aims to strengthen governance in the Indian banking sector, besides

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Banking

Banking Bill allowing 4 nominees gets RS nod; needs deeper scrutiny: Opposition | India News

Amid concerns by Opposition members on proposed amendments, Parliament Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees. Lok Sabha had passed the Banking Laws (Amendment) Bill in December 2024. Replying to a debate on the Bill in Rajya Sabha, Finance Minister Nirmala Sitharaman said

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Finance

Finance Minister shares an update on Income Tax Bill – Money News

The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday. Replying to the discussions on the Finance Bill 2025 in the Lok Sabha, Sitharaman said the new income tax bill, which was introduced in the House on February 13, is currently

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Investment

Westminster update: lord chancellor announces record courts investment

Government spending review consultation We have called for the UK government to take a ‘spend to save, spend to invest’ approach to our justice system and legal services sector (PDF 409 KB). Lord chancellor announces record courts investment The lord chancellor, Shabana Mahmood, announced record investment in the courts on Wednesday 5 March: court sitting days

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