Corporate Laws Amendment Bill 2026 and Finance Bill 2026
Why in the news
A busy stretch of the Budget Session 2026 lined up several Bills, including corporate law changes and the Finance Bill.
Key facts
| Bill | House | Purpose |
|---|---|---|
| Corporate Laws (Amendment) Bill, 2026 | Lok Sabha (Nirmala Sitharaman) | Amend Companies Act, 2013 and LLP Act, 2008 |
| Finance Bill, 2026 | Lok Sabha | Back the Union Budget 2026-27 proposals |
| CAPF (General Administration) Bill, 2026 | Rajya Sabha (Amit Shah) | Standardise recruitment, regulate service conditions, improve efficiency |
| Appropriation (No. 2) Bill, 2026 | Rajya Sabha, already through Lok Sabha | Authorise spending from the Consolidated Fund of India |
Corporate law reform focus
- Decriminalisation: procedural lapses become civil penalties.
- Ease of doing business: lighter compliance for startups, MSMEs and producer companies.
- Simplification: streamlined governance and reporting norms.
Exam angle
- Acts amended: Companies Act, 2013 and LLP Act, 2008.
- Fund for expenditure under the Appropriation Bill: Consolidated Fund of India.