Posts
Major Acts and Environmental Rules in News 2025: Key Reforms Explained
Major Acts and Environmental Rules in News 2025: Key Reforms Explained 2025 was a landmark year for legislative reforms in India, with major acts reshaping tax, governance, sports, energy, and employment sectors. Environmental rules also saw significant updates for stricter compliance and sustainability. This post breaks down the key highlights, why they made headlines, and their important provisions—perfect for CBSE students, UPSC aspirants, and anyone tracking current affairs. Major Acts in the News (Jan-Dec 2025) New Income Tax Act, 2025 Why in News: Passed to replace the 1961 Act, marking a major tax reform. Simplifies language, removes redundancies, and clarifies definitions to cut litigation. Rationalizes tax slabs, widens tax base, reduces exemptions. Strengthens faceless assessments, digital compliance, and aligns with global BEPS standards. Applicable from FY 2026–27; empowers CBDT for rule-making. Waqf (Amendment) Act, 2025 Why in News: Reforms Waqf property governance for transparenc…