Tax & MSME reforms to take centre stage at Monsoon Session!

The upcoming Monsoon Session of Parliament is set to focus heavily on economic and legislative overhauls, with the Centre preparing to introduce five new Bills and address two pending legislations. Key among the proposals are major amendments aimed at restructuring income tax regulations and boosting the Micro, Small, and Medium Enterprises (MSME) sector to drive economic growth. Beyond economic reforms, the legislative agenda covers critical structural and administrative changes across various sectors. These include adjusting the total number of Supreme Court judges to manage judicial capacity, updating the framework for birth and death registrations, and introducing new guidelines regarding national honour.

 

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