Government proposes sweeping tax rule changes to attract offshore funds - what it means
The Bill, which has been circulated among Members of Parliament, is expected to be introduced in the Lok Sabha shortly by Finance Minister Nirmala Sitharaman.
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Offshore funds tax rule changes
National · 4 updates
Tax Bill: Simpler offshore fund exemption rules
India set for new tax script to woo the world
New Delhi: The government is set to unveil a sweeping tax policy reset, extending incentives for manufacturing and relaxing rules for foreign investment funds through the proposed Taxation and Other Laws (Amendment) Bill, 2026.The bill is likely to extend exemptions for contract manufacturing of "specified electronic goods" until 2040-41. Mobile phones, laptops, tablets, servers, wearables and related components are likely to be included in the list, people aware of the development told ET.Also Read: Auto PLI disbursals to reach Rs 4,000 crore in FY27Foreign companies storing electronic compon
Finance Minister Nirmala Sitharaman To Introduce Taxation & Other Laws (Amendment) Bill, 2026 In Lok Sabha Today
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