Despite strained trade relations and anti-India sentiments from Dhaka, India aims to avoid a trade war with Bangladesh. Recent actions, like withdrawing a trans-shipment facility, were intended to ease congestion, not harm Bangladesh's trade. Concerns rise over Bangladesh's renewed ties with Pakistan, especially amid increasing radicalization, as Pakistan seeks to boost exports and high-level contacts resume.
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New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman presented the New Income Tax Bill 2025 in Lok Sabha, aiming to replace the 64-year-old law. The new legislation simplifies language, aligns 'tax year' with the financial year, and maintains structural elements and deadlines. Here is the full text of the New Income Tax Bill 2025:
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