India’s proposed tax bill extends incentives for foreign suppliers and contract manufacturing
The Taxation and Other Laws Amendment Bill 2026 proposes a 10-year extension of incentives for foreign suppliers to Indian contract manufacturers, alongside clarifications for electronics, bonded warehousing, data centres, overseas funds and diamond trade.
The proposed Taxation and Other Laws Amendment Bill 2026 extends tax incentives for foreign suppliers to Indian contract manufacturers, clarifies electronics eligibility, supports bonded warehousing and data centres, and offers relief for diamond trade, business trusts and overseas funds.
Why this matters
The proposal follows India’s 2026 tax-bill push for simpler compliance and manufacturing investment, while its cotton-yield target aims to reduce textile raw-material pressure.
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