Reform bills lined up for Parliament

As the Parliament's budget session kicks off today, all eyes will be on the Finance Bill 2026 that will outline tax rates for the coming financial year.

- Gireesh Chandra Prasad, Subhash Narayan & Vijay C Roy

However, the government has also lined up for passage a series of reform bills spanning education, bankruptcy regime, motor vehicles and agriculture for passage during the session, three people aware of the matter said.

The president's address to both Houses flags off the Parliament's budget session. The government may move to pass the Bankruptcy Code (Amendments) Bill to reform the debt resolution framework, said one of the three persons quoted above. The bill has already been reviewed by a select committee of the Lok Sabha.

The government is also expected to introduce the Motor Vehicles Amendment Bill 2026, proposing more than 60 amendments to the Motor Vehicle Act, 1988 aimed at ensuring stricter safety norms, digital reforms, decriminalization of minor offences, simplified definitions, emission regulations, and harmonization with global standards.