06-August-2026
Taxation
 
Taxation and Other Laws (Amendment) Bill, 2026: From offshore funds to electronics, here’s what changes
05-Aug-2026

The Centre on Tuesday introduced the Taxation and Other Laws (Amendment) Bill, 2026 in the Lok Sabha, proposing a series of changes aimed at making India’s tax regime more investment-friendly while supporting manufacturing, strengthening the financial sector and providing greater tax certainty. The Bill seeks to amend the Income-tax Act, 2025, the Finance Act, 2026 and the Payment and Settlement Systems Act, 2007. It will also replace the Income-tax (Amendment) Ordinance, 2026, while validating actions already taken under the ordinance.

News Source:- https://www.financialexpress.com/business/taxation-and-other-laws-amendment-bill-2026-from-offshore-funds-to-electronics-heres-what-changes-4310295/