Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS

Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS https://www.taxtmi.com/news?id=74126 The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes. en-us Tue, 04 Aug 2026 17:31:03 +0530 Tue, 04 Aug 2026 17:31:04 +0530 TaxTMI RSS Generator Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS https://www.taxtmi.com/news?id=74126 The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes. News - Tue, 04 Aug 2026 17:31:03 +0530 https://www.taxtmi.com/news?id=74126