Monday, 31 August 2026

BILL PASSED IN AUGUST 2026

The Registration Of Birth And Deaths Amendment Bill Passed In Rajya Sabha On 31st July 2026 

 Lok SABHA Passes The Registration Of Birth And Deaths Amendment Bill 2026 

Parliament Passed The Registration Of Birth And Deaths Amendment ( Bill) 2026 



* Birth Or Death Registered After Two Years Will Now Require 

The Indian Statistical Institute Bill 2026 And 



----------------------------------------------------------------------------------------------------------

* The Bankers Book Evidence Bill 2026 Introduced In Lok SABHA ( Finance Minister Nirmala Sitharaman Introduced) 

* UNION FINANCE MINISTER NIRMALA SITHARAMAN HAS INTRODUCED THE BANKERS BOOK EVIDENCE BILL 2026 

* PARLIAMENT PASSED THE BILL ON 10TH AUGUST 2026 

** IT REPLACING THE 135 YEARS OLD COLONIAL ERA BANKERS BOOK EVIDENCE ACT 1891.

KEY FEATURES OF BILL - 

* BANKERS Books To Include Physical Logs, Alongside Electronic, DIGITAL, Cloud Based Storage, Back Up And Disasters Recovery Data.

* It Permits Certification Of Digital Records Via Electronic Or Digital Signature Under The Information Technology Act 2000.

* It Ensures Electronic Records Are Not Denied Legal Standing Solely Due To Their Digital Form Provided SYSTEM Integrity, Data Accuracy And Cyber Security Criteria 

* It Implements a Special Cause Requirement To Protect Bank Official From Being Unnecessary Summoned Or Compelled To Produce Original Documents In Routine Proceeding.

* It Empowers The Central Government To Expand The Framework To Other Financial Sector Entails Via Official.


 Parliament Passes The Bankers Book Evidence Bill 2026 on 10th August 2026

------------------------------------------------------------------------------------------------------------



 Lok SABHA Passes The Supreme Court ( Number Of Judges) Amendment Bill 2026 ( 34- to 38) Including CJI 


 Rajya Sabha Passes The Micro, Small And Medium Entreprise Development ( Amendment) Bill 2026 


 * The Appropriation Bill 3 ( Amendment,) bill Passed in Lok SABHA 


---------------------------------------------------------------------------------------------------------
Union Finance Minister Nirmala Sitharaman Has Introduced The The Taxation And Other Laws ( Amendment) Bill 2026 In Lok SABHA 

 Union Finance Minister Nirmala Sitharaman On 4th August 2026 Introduced The The Taxation And Other Laws ( Amendment) Bill on Lok SABHA 

* This Bill Aims To Revamps India's Tax Framework To Draw Foreign Capital, Bolster Electronic Manufacturing, Build Artificial Intelligence, And Cloud Infrastructure, Help To Global Hub For Rough Diamond Trade 

 Lok SABHA Passes The Taxation And Other Laws Amendment Bill 2026 On 6th August 2026 

* Parliament Passed The Taxation And Other Laws Amendment Bill 2026 On 10th August 2026 

* UNION FINANCE MINISTER NIRMALA SITHARAMAN INTRODUCED THE TAXATION AND OTHER LAWS ( AMENDMENT) BILL 2026 ON 4TH AUGUST 2026. 

* THE BILL SEEKS TO REPEAL AND REPLACE THE INCOME TAX ( AMENDMENT) ORDINANCE 2026 ( ISSUED ON 5TH JUNE 2026) 

* The Ordinance Amended The Income Tax 2025 To Provide Exemption To Certain Foreign Investors In Government Securities. 


* The Bill Further Amends The 2025 Act To Provide Exemption To Certain Other Entities 

(a) Finance Act 2026 

(b) Payment & Settlement System Act 2007 


(*) The Bill Exempts Foreign Institutional Investors (FIIs) And The 

(*) The Bank For International Settlement ( BIS) For Paying Income Tax 

(a) Interest Earned On Investment In Government Securities 

(b) Capital Gains Arising From Sale Exchange Or Transfer Of Such Securities 


* This Was Apply After April 2026 


* Previously Under The Income Tax Act Interest Income Was Taxed At 20%, Short Term Capital Gain At 30% And Long Term Capital Gain At 12.5% 


* This Bill Amends The Income Tax Act To Give Tax Exemption To Certain Foreign Companies 

(a) Income From Sale Of Rough Diamonds In a Notified Special Zone Will Be Exempt 

_- This Will Apply To Foreign Companies - 


(a (1)  Engaged In Diamond Mining Or Sight Holders Of Such Companies 

(a2) Broker, Aggregator Or a Tender And Auction Entity Connected With The Sale Of Rough Diamonds 


- This Will Apply To Foreign Companies That Supply Them To a Contract Manufacturer Of Specified Electronic Goods ( Phone, Laptop) 

From October 2026 Till 31st March 2041 


NOTE - 

* The Income Tax Act Specify Condition For Tax Treatment Of Eligible Investment Fund Registered Outside India But Managed From India 

* This Bill Removes Several Conditions - 

(a) A Minimum Of 25 Members 

(b) Maximum 10% Participation In Terms Of a Single Investor 

(c) Minimum Monthly Average Corpus Requirement Of Rs 100 Crores 

(d) Bar On Investing More Than 25% Of The Corpus In a Single Entity 



* The Finance Act 2026 Levies a Surcharge Of 10% Of Income Tax Payable By Every Domestic Company Opting For Concessional Tax Rates. 

* The Income Tax Act Exempts Income Of Specified Foreign Companies Arising By Way Of Procuring Services From Specified Data Centres 

* The Bill Removes The Condition 

(a) The Foreign Company Notified By Central Government 

(b) The Data Centre Be Set Up Under An Approved Scheme And Be Notified In This Regard 



 Parliament Passes The Bankers Book Evidence Bill 2026 on 10th August 2026


---------------------------------------------------------------------------------------------------
* ON 3RD AUGUST 2026 RAJYA SABHA PASSES THE MICRO, SMALL & MEDIUM ENTREPRISE DEVELOPMENT ( AMENDMENT) BILL 2026 

* ON 6TH AUGUST IT WAS PASSED AT LOK SABHA 

* THE MICRO SMALL AND MEDIUM ENTREPRISE DEVELOPMENT ACT WAS NOTIFIED ON 2006:

FEATURES ---- 





* The Mines And Minerals ( Development & Regulations) Amendment Bill 2026 Introduced In Lok SABHA.

* The Tribunals Reforms Bill 2026 Introduced In Lok SABHA 

* The National Co- Operative Development Corporation ( Amendment) Bill 2026 Introduced In Lok SABHA 

* The Kerala ( Alteration Of Name) Bill 2026 Introduced In Lok SABHA 


* Delhi Legislative assembly Has Passes the Delhi ( Right Of Citizen To Time Bond And Ease Of Delivery Services) Bill 2026


) Lok SABHA Passes The Mines And Minerals ( Development & Regulation) Amendment Bill 2026 

* Rajya Sabha Passes The Mines And Minerals Development & Regulation ) Amendment Bill 2026 On 13th August 2026 



The Tribunals Reforms Bill 2026 Seeks To Create A More Independent, Transparent And Professionally Administrate Tribunals SYSTEM 

* The Bill Provide For Setting Up Of a Judiciary Led National Tribunals Commission 

* This Aims To Reduce Executive Discretion While Strengthening Accountability

 Parliament Passed The Kerala ( Alteration Of Names) Bill 2026 


The Meghalaya Cabinet Has Approved The Meghalaya Official Language Bill 2026 

* MEGHALAYA Cabinet Has Approved The Amendment To The Meghalaya Right To Public Services Act 2020


Karnataka Cabinet Has Approved The Karnataka Public Area Access Regulation Bill 2026 


* Meghalaya Cabinet Has Approved The International Open University ( Repeal) Bill 2026 

* The cabinet Has Decided To Repeal The Act As The Proposed Name Violated UGC Norms.

* MEGHALAYA Cabinet Has Approved The Martin Luther Christian University ( Amendment) Bill 2026 

Meghalaya Cabinet Has Approved The Maharastra Institute Of Technology Of Meghalaya ( Amendment ) Bill 2026 


The Tamilnadu Legislative assembly Has Unanimously Adopted A Resolution Seeking An Amendment To Section 23 Of The Right Of Children To Free And Compulsory Education Act 2009 

* Government Of Puducherry Has Introduced The Puducherry Business Reforms Bill 2026 

Mizoram Assembly Passed The Fireworks Regulation Bill 2026

 The Karnataka Government Has Passed The 

* The Karnataka Government Parks ( Preservation) Amendment Bill 2026 

* The Bengaluru Metropolitan Land Transport Authority ( Amendment) Bill 2026 

No comments:

Post a Comment

MONTHLY CURRENT AFFAIRS AUGUST 2026

DAYS & THEME -  * World Breastfeed Week (1-7th August) ( THEME 2026 - Breastfeeding For a Sustainable Start In Life; Strengthen What Wor...

MOST VIEWED POST