Topic
amendment
Tax Amendment Bill 2026 proposes easier rules for offshore funds managed from India
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to substantially relax eligibility conditions for Eligible Investment Funds (EIFs) managed from India, removing investor thresholds and corpus requirements. The bill also replaces the June 5 ordinance that exempted FPIs from tax on G-Sec interest and capital gains, part of a broader push to attract foreign capital and support the rupee.
Trade Finance Rajya Sabha passes MSME Amendment Bill to speed up payments and strengthen MSMEs
The Rajya Sabha passed the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026, aimed at curbing delayed payments to MSMEs. The legislation mandates central public sector enterprises to route invoice settlement through the Trade Receivables Discounting System and empowers courts to order interim payments of 50% of awarded amounts in delayed payment disputes.
For Ease of Liquidity and Business, Government to Amend MSME Act
The Government of India intends to amend the Micro, Small and Medium Enterprises (MSME) Act to enhance liquidity and ease of doing business. The move, reported by Times of India, signals a strategic shift to support the MSME sector, which is vital for employment and economic growth. The amendment aims to address regulatory bottlenecks and improve access to finance.