Bill focusing on Information Technology, with amendments to mining laws, slated for discussion during monsoon parliamentary session
India's Monsoon Session of Parliament, scheduled from July 21 to August 21, 2025, will focus on significant economic reforms. The session will feature a total of 21 sittings and will consider eight key bills with economic or regulatory impact, as well as seven pending bills.
One of the key bills on the agenda is the Income Tax Bill, 2025, which aims to simplify provisions of direct tax laws. A parliamentary committee has examined it and made 285 suggestions, with the bill set for presentation on the first day of the session.
Another bill of interest is the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, which proposes recovery of critical minerals, inclusion of contiguous area in mining leases for deep-seated minerals, and widening the scope of the National Mineral Exploration Trust.
The Taxation Laws (Amendment) Bill, 2025, and the Jan Vishwas (Amendment) Bill, 2025, are also on the agenda for the Monsoon Session. The Jan Vishwas Act 2023 decriminalised 183 central acts administered across 19 ministries/departments, and the proposed amendments aim to further the process of improving ease of doing business.
Notably, two major economic bills are absent from the session's agenda: the Insurance (Amendment) Bill and the Insolvency and Bankruptcy Code (IBC) Bill amendments. The Insurance (Amendment) Bill would have allowed 100% Foreign Direct Investment (FDI) and composite licensing in insurance, while the IBC amendments aim to expedite the resolution of stressed assets and introduce provisions for cross-border and group insolvency resolutions.
Other bills with economic or related regulatory impact include the Manipur Goods and Services Tax (Amendment) Bill, 2025, the Indian Institutes of Management (Amendment) Bill, 2025 (related to education governance and reform), the Merchant Shipping Bill, 2024, and the Indian Ports Bill, 2025 (infrastructure sector).
The Indian Ports Bill, 2025, Merchant Shipping Bill, 2024, Coastal Shipping Bill, 2024, Carriage of Goods by Sea Bill, 2024, Bills of Lading Bill, 2024 are listed for consideration and passing in the upcoming session.
In summary, the Monsoon Session of Parliament 2025 will focus on taxation reforms, mining, infrastructure, and governance amendments, while key reforms in insurance and insolvency remain pending. The session will feature a total of 21 sittings and will consider eight key bills with economic or regulatory impact, as well as seven pending bills.
- The Indian economy is set to witness substantial reforms in taxation, mining, infrastructure, and governance during the Monsoon Session of Parliament in 2025, which will focus on significant economic reforms.
- The Income Tax Bill, 2025, aims to simplify direct tax laws and has been set for presentation on the first day of the session, following examination by a parliamentary committee.
- Another bill under consideration is the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, proposing recovery of critical minerals, inclusion of contiguous area in mining leases for deep-seated minerals, and expansion of the National Mineral Exploration Trust's scope.
- The Taxation Laws (Amendment) Bill, 2025, and the Jan Vishwas (Amendment) Bill, 2025, are also on the agenda for the Monsoon Session, aimed at improving ease of doing business as they align with the decriminalization of 183 central acts administered across 19 ministries/departments.
- Regrettably, the Insurance (Amendment) Bill and the Insolvency and Bankruptcy Code (IBC) Bill amendments will not be discussed during the Monsoon Session, with the former intended to allow 100% Foreign Direct Investment (FDI) and composite licensing in insurance, and the latter aimed at expediting the resolution of stressed assets and introducing provisions for cross-border and group insolvency resolutions.
