The Taxation and Other Laws (Amendment) Act, 2026 has received President’s assent on August 17, 2026, amending the Payment and Settlement Systems Act, 2007, Income-tax Act, 2025, and Finance Act, 2026. The Act is deemed to have come into force from April 1, 2026, except where otherwise provided. Among key changes, the Act replaces the … Continue reading Taxation and Other Laws (Amendment) Act, 2026 Receives President’s Assent; Changes Rules for Offshore Funds, Electronics Manufacturing and Tax Exemptions