NEW DELHI
Finance Minister Nirmala Sitharaman introduced the Finance Bill 2026 in the Lok Sabha, bringing the latest budget proposals to life. The bill includes significant updates to income tax and customs duties. Alongside this, she presented the Corporate Laws (Amendment) Bill 2026, aimed at making life easier for startups and small businesses. The proposed reforms focus on cutting through red tape and decriminalizing minor paperwork errors. While some opposition members raised concerns over corporate social responsibility rules, the Minister emphasized that these changes will boost investment and improve governance, helping India’s smaller companies thrive in a competitive market.