Online gaming bill tabled in Lok Sabha after 3.5 years; real-money games face tight scrutiny

Online gaming bill tabled in Lok Sabha after 3.5 years; real-money games face tight scrutiny

Online Gaming Regulation Bill: After more than three years of consultations and drafting, the Indian government has tabled the Promotion and Regulation of Online Gaming Bill in the Lok Sabha on Wednesday. The legislation aims to bring clarity and structure to the fast-growing online gaming sector by categorising it into e-sports, social games, and real-money games…

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Insolvency and Bankruptcy Code (Amendment) Bill introduced in Lok Sabha, to be examined by Select Committee

Insolvency and Bankruptcy Code (Amendment) Bill introduced in Lok Sabha, to be examined by Select Committee

A bill that introduces a “creditor-initiated insolvency resolution process” with an out-of-court initiation mechanism for genuine business failures to facilitate faster and more cost-effective insolvency resolution was introduced in Lok Sabha on Tuesday. Finance Minister Nirmala Sitharaman introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025′ amid uproar by opposition members over their demand for…

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Major reliefs for taxpayers on the cards? Centre to table revised Income Tax Bill in LS on August 11—Check key recommendations

Major reliefs for taxpayers on the cards? Centre to table revised Income Tax Bill in LS on August 11—Check key recommendations

Revised Income Tax Bill 2025: The Central government is set to introduce a revised Income Tax Bill in the Lok Sabha on August 11, incorporating several key changes recommended by a parliamentary panel to simplify the decades-old tax law and ease compliance for individuals and businesses. Finance Minister Nirmala Sitharaman on Friday formally withdrew the February version…

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