The Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will not charge for notified electronic payment modes. Tax exemptions are proposed for foreign investors in government securities and for electronics manufacturing. The bill also aims to simplify tax for fund managers and the diamond industry.

A bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offered for global income of funds. …

NEW DELHI: Finance minister Nirmala Sitharaman is set to introduce further amendments to tax laws going beyond the Ordinance offering concessions to overseas investors putting…