The Finance Bill for the 2024-2025 fiscal year, introduced by Finance Minister Nirmala Sitharaman yesterday, is set to be deliberated and passed in the Lok Sabha on Wednesday.
This bill aims to implement the central government's financial proposals for the 2024-25 fiscal period.
According to PTI, the bill to amend the Waqf Act was distributed to Lok Sabha members on Tuesday night.
The legislation is expected to undergo significant changes and will be renamed. These changes include the representation of Muslim women and non-Muslims in Waqf bodies.
The Waqf Act of 1995 will be renamed the ‘Unified Waqf Management, Empowerment, Efficiency, and Development Act, 1995.’
