New Delhi, Aug. 5 -- The Taxation and Other Laws (Amendment) Bill, 2026 has been introduced in the Lok Sabha today. The Bill brings major reforms across manufacturing, data-centre operations, mining, business trusts and global fund management. It extends key exemptions, eases compliance rules and strengthens India's aim to attract high-value foreign investment. The CBDT has issued a comprehensive FAQ document on the Bill accessible on X.

The Taxation and Other Laws Amendment Bill, 2026 introduces a series of targeted reforms aimed at boosting manufacturing, strengthening India's digital infrastructure, and improving tax certainty for global investors.

The first major change extends the tax exemption for foreign companies that provide ca...