2026 Taxation Amendment Bill seeks tax breaks for foreign investors
On Tuesday, the government tabled the Taxation and Other Laws (Amendment) Bill, 2026, in the Lok Sabha. The legislation suggests new tax waivers for international investors who put money into government securities. It also aims to simplify regulatory processes for offshore funds, prolongs tax benefits for electronics manufacturing through 2041, and provides a tax exemption for overseas diamond mining companies on the sale of rough diamonds within designated zones.
by shortkt.com✓