The Taxation and other laws (Amendment) Bill, 2026, introduced in the Lok Sabha on Tuesday, reduces reporting requirements for foreign companies which wish to claim the tax holiday announced in the FY27 Budget. It also ensures that genuine data centre businesses get started and operate with far less friction.

Tax Amendment Bill 2026 eases eligibility norms for offshore funds, replaces the June ordinance and aims to attract more global capital to India.

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. …