The Lok Sabha is scheduled to consider and potentially pass the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, along with the Other Laws (Amendment) Bill, 2026, on Friday, August 7, 2026. Minister of Micro, Small and Medium Enterprises, Jitan Ram Manjhi, is slated to move the MSME bill, which has already received approval from the Rajya Sabha.
In a related legislative development, the Lok Sabha on Thursday, August 6, 2026, approved the ‘Taxation and Other Laws (Amendment) Bill, 2026’. This legislation, moved by Finance Minister Nirmala Sitharaman, aims to amend the Payment and Settlement Systems Act, 2007, the Income-tax Act, 2025, and the Finance Act, 2026. The bill was passed via a voice vote without discussion, occurring amidst protests from opposition members concerning demands related to police action on July 20.
Source: https://www.thehindu.com/news/national/parliament-monsoon-session-day-15-lok-sabha-rajya-sabha-live-updates-august-7-2026/article71316149.ece
