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Current Affairs#income-tax

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#Income Tax

Taxation and Other Laws (Amendment) Bill, 2026 Introduced in Lok Sabha
Daily Important
EconomyPrelims + Mains

Taxation and Other Laws (Amendment) Bill, 2026 Introduced in Lok Sabha

The Taxation and Other Laws (Amendment) Bill, 2026 is an effort towards bringing a contemporary Indian taxation system which can help improve tax certainty, bring in foreign investments, improve digital payment systems and infrastructure and restore tax benefits on REITs and InvITs, besides substituting the Income-tax (Amendment) Ordinance, 2026.

5 Aug 2026 2 min