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Govt to replace Ordinance by introducing Income Tax (Amendment) Bill in Monsoon session

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  1. The government will introduce the Income-tax (Amendment) Bill, 2026 in the Monsoon session starting July 20.

  2. The Bill will replace the existing Income Tax (Amendment) Ordinance, 2026.

  3. The new bill is listed among other legislative proposals to be tabled in Parliament.

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Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani