Finance Minister Nirmala Sitharaman is likely to table the new Income Tax Bill, aimed to reform the country's taxation system, in the Lok Sabha on Monday, sources told India Today TV. The bill, which got the approval of the Union Cabinet on Friday, will replace the six-decade-old Income Tax Act, and will be sent to the Standing Committee for detailed …
Local institutional reform should focus on "control, adjustment and change". This round of local government institutional reform must ensure success in "exercising control, making adjustment and promoting change". In this round of reform, we must observe two principles: one is to set a limit on the total number of local government agencies in order to control government size; the other …
