The Income-tax (Amendment) Bill, 2026, will replace the Income Tax (Amendment) Ordinance, 2026, according to the list of new bills to be tabled in the upcoming session beginning July 20.
The Ordinance was promulgated last month to attract foreign capital to ease pressure on the depreciating rupee due to the West Asia crisis.
PTI
Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.