The Parliament approved the New Income Tax Bill, 2025, replacing the Income Tax Act, 1961, with the Rajya Sabha's approval. The bill aims to simplify tax procedures, reduce compliance burdens, and modernise outdated provisions. Sitharaman highlighted the bill's simplified language and incorporated recommendations from the Parliamentary Select Committee, while criticising the opposition's absence during debates.
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Opposition members of the INDIA bloc are divided over the ongoing parliamentary disruption concerning the special intensive revision of Bihar's electoral rolls. While some MPs urged for a return to normal proceedings, larger parties insisted on holding the government accountable for allegedly evading discussion on the critical issue.
The Parliament approved the New Income Tax Bill, 2025, replacing the Income Tax Act, 1961, with the Rajya Sabha's approval. The bill aims to simplify tax procedures, reduce compliance burdens, and modernise outdated provisions. Sitharaman highlighted the bill's simplified language and incorporated recommendations from the Parliamentary Select Committee, while criticising the opposition's absence during debates.
Taylor Swift revealed her new album, *The Life of a Showgirl*, on the *New Heights* podcast, hosted by Travis and Jason Kelce, surprising even Ed Kelce. Swift has been working on the album in LA after securing the rights to her first six albums.
Yuvraj Singh jokingly warns a content creator who mimics Rohit Sharma. The mimic is popular for his impressions. Rohit Sharma recently bought a Lamborghini Urus SE. The car has a personalized number plate. It reflects his children's birthdays and jersey number. Rohit last played in IPL 2025. India's ODI series against Bangladesh is cancelled. His next challenge is in Australia.
Irfan Pathan has critiqued Jasprit Bumrah's performance in the recent Test series against England, despite Bumrah being one of the top wicket-takers. Pathan believes Bumrah didn't display enough killer instinct in crucial moments, particularly when defending totals or needing breakthroughs. He highlighted instances where Bumrah could have bowled longer spells or varied his approach to create more pressure on the opposition.
Chandrika Chaudhary, an 18-year-old aspiring doctor from Banaskantha, was allegedly murdered by her uncle for pursuing her dreams. Her family feared she would fall in love and marry by choice, bringing "dishonour" to them. The uncle allegedly drugged and strangled her, staging it as a suicide, but a habeas corpus petition filed by her partner exposed the crime.
A 6.1 magnitude earthquake hit the Kuril Islands on Saturday. The National Center for Seismology reported the event. The quake occurred at a depth of 10 km. Its epicenter was at latitude 49.94°N and longitude 162.70°E. This follows an 8.8 magnitude earthquake off Russia’s Kamchatka Peninsula. A 5.1 magnitude tremor also occurred near Petropavlovsk-Kamchatsky recently.
Ajay Jadeja lauded Harry Brook's impactful batting style, drawing comparisons to Rishabh Pant due to their similar aggressive approach and the tendency for their bats to fly. Brook's aggressive innings, featuring a rapid scoring burst and a century, shifted the momentum for England.
Anish Shah, Mahindra Group's CEO, revealed that disagreeing with Anand Mahindra early in his career taught him the importance of constructive dissent. This experience highlighted the company's open culture, where diverse views are valued and decisions are based on merit, not hierarchy. Shah emphasizes that effective leadership involves empowering individuals at all levels to contribute their insights.
Mohit Suri's 'Saiyaara,' released on July 18, enjoyed a successful two-week run, crossing Rs 300 crore. However, its performance has slowed in the third week due to the rise of 'Mahavtar Narsimha,' which outperformed new releases 'Son Of Sardaar 2' and 'Dhadak 2'. 'Mahavtar Narsimha' is set to cross Rs 100 crore, impacting 'Saiyaara's' momentum.