Finance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026, proposing simpler rules for offshore investment funds managed from India to claim tax exemptions. The bill removes several eligibility conditions, including investor and corpus limits, while offering tax incentives for electronics, diamond trade and foreign investors.

The Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investors and fund managers, while raising…

India has proposed easing tax rules for offshore investment funds using India-based managers by removing size and investor limits, aiming to attract foreign capital and boost…