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LS passes taxation bill to promote domestic electronic manufacturing
8/6/2026 10:13:08 PM
Early Times Report

NEW DELHI, Aug 6: The Lok Sabha on Thursday passed the Taxation and other Laws (Amendment) Bill without a debate due to persistent sloganeering by the Opposition over various issues, including alleged theft of donation at the Ram temple in Ayodhya.
After the passage of the bill, through which the government also amended the Payment and Settlement Systems Act, 2007, the House was adjourned for the day.
Through the Bill the government seeks to attract more foreign capital, promote domestic electronics manufacturing and make it easier for foreign cloud companies to use Indian data centres by providing "process certainty".
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