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

ISRO LAUNCHED THE GSLV -F18 CARRYING NVS -03

* INDIAN SPACE RESEARCH ORGANISATION ( ISRO) HAS LAUNCHED THE GSLV -F18 ON 30TH OCTOBER 2026 AT 2ND LAUNCH PAD AT SHAR ( NAVIC )  ...

MOST VIEWED POST