Income Tax 3 October 2026
India Tax Amendments Reshape Electronics, Banking
India’s 2026 Tax Amendment delivers major incentives for foreign electronics manufacturers while the RBI eases repeat major share acquisitions for regulated funds and grants one‑time shareholding approvals to select local area banks. SEBI launches an online verification tool for official letters, and GST revenue growth shows a slowdown after 2025, indicating fiscal pressure.
Key Highlights
- Electronics tax benefits: The 2026 Tax Amendment gives foreign manufacturers duty concessions and streamlined filing Read more.
- Bank share rules: RBI now permits repeat major share acquisitions by regulated funds and offers one‑time nods for certain local area banks Details Details.
- SEBI verification tool: A new online portal helps check authenticity of official letters and notices Info.
- GST slowdown: Post‑2025 GST revenue growth has lost momentum, signaling potential fiscal challenges Analysis.
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