FM Sitharaman tables Taxation and Other Laws (Amendment) Bill with digital payments proposal
- Posted on August 4, 2026
- By Business News Today
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- 1 min read
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FM Sitharaman tables Taxation and Other Laws (Amendment) Bill with digital payments proposal
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.
