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LatestIncome Tax 18 July 2026

India Tax Updates

The Indian government is set to introduce the Income-tax Amendment Bill, 2026, which will replace the Income Tax Amendment Ordinance, 2026. The bill aims to exempt foreign investors from income tax on interest earned from government securities. The government is also planning to introduce a new bill for women's quota and delimitation changes before the monsoon session. The Income-tax Amendment Bill, 2026, will be a key focus area for the government in the upcoming monsoon session, with the government aiming to push through several key bills, including the delimitation and women's quota bills.

The Indian government is set to introduce the *Income-tax Amendment Bill, 2026*, which will replace the Income Tax Amendment Ordinance, 2026. The bill aims to exempt foreign investors from income tax on interest earned from government securities. The key points of the bill include:
- Exempting foreign investors from income tax on interest earned from government securities
- Replacing the Income Tax Amendment Ordinance, 2026
- Introducing a new bill for women's quota and delimitation changes before the monsoon session
The government is also planning to introduce several other key bills in the monsoon session, including the delimitation and women's quota bills.

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