Tax Incentives expanded with Taxation and other laws bill 2026

The Taxation Bill, 2026 proposes a major push to strengthen India's investment ecosystem. 

It extends tax incentives for electronics manufacturing, simplifies exemptions for data centres, introduces new benefits for diamond trading and bonded warehousing, eases fund management rules and rationalises taxation for business trusts. 

Overall, the Bill aims to attract global capital, boost high-value manufacturing and position India as a more competitive investment destination through simpler and more certain tax policies.