Asset tokenization can significantly improve access, transparency, and liquidity across real-world assets such as real estate, infrastructure, and MSME assets. The Union Budget 2026–27 may consider providing regulatory clarity by recognising tokenization as a digital representation of economic rights backed by real assets, distinct from speculative crypto assets. A clear framework aligned with existing laws, strong KYC/AML norms, and investor safeguards can encourage pilot programs with regulated entities such as banks, NBFCs, and SEBI-registered intermediaries. This can support capital formation, expand fractional investment access, and strengthen India’s position as a global fintech innovation hub while ensuring financial stability.

This addition outlines a visionary roadmap for India to become a global leader not just economically, but also in sustainability and innovation. It combines India’s potential in green energy, job creation, and global influence into a comprehensive strategy for becoming the number 1 country in the world.

Dear Sir, It is high time.. we must give priority to ST State Transportation system. pls do check the bus condition in rural area it is still very old buses. With huge population.. for comfortable commuting we must improve on bus depot conditions and also give new buses.

भारत में मोबाइल व टीवी का assembly कार्य हो रहा है, पर Display Panel (LCD/OLED) का निर्माण नहीं होता, जिससे देश पूरी तरह आयात पर निर्भर है। Display panels semiconductor, automotive, defence और future technologies के लिए रणनीतिक रूप से महत्वपूर्ण हैं। यह उद्योग अत्यधिक पूंजी और तकनीकी निवेश वाला है, इसलिए निजी कंपनियाँ अकेले इसमें प्रवेश नहीं कर पातीं। सुझाव है कि Display Panel Manufacturing को strategic national industry घोषित कर, सरकारी नीति समर्थन, capital subsidy और global technology partners के साथ joint ventures को प्रोत्साहित किया जाए, ताकि भारत electronics manufacturing में assembly से आगे बढ़कर core technology निर्माण की ओर जा सके।

Subject: Fix AIS/TDS Mismatch in Clubbing of Income Cases As per Sections 60–64 of the Income‑tax Act, income from investments made in the name of a spouse or minor child must be clubbed with the income of the individual. However, the AIS/TDS compliance system does not recognise this statutory clubbing. When taxpayers correctly report clubbed income in AIS, the system sends the “mismatch” to the reporting entity (e.g., dividend‑paying company). Since reporting entities have no knowledge of clubbing provisions, they mark the taxpayer’s declaration as incorrect. This creates unnecessary compliance notices and makes it appear as if the taxpayer is misreporting, even though they are following the law. Request: Please introduce a dedicated “Clubbing of Income” option in AIS and modify the workflow so that such cases are not sent to reporting entities for validation. This will reduce incorrect mismatch alerts and align the system with the Income‑tax Act.

The coming budget should focus on curbing spiralling prices of essential commodities. More private banks should be nationalised & Bank Pensioners pension should be updated forthwith. The common man should be the focus of the Budget 26. Thanks. Tapan Kumar Sen Mob. 9830271134. , tapanat56@yahoo.co.in

Regarding TDS, various agencies adopt different procedures. Some round off the TDS amount to the nearest rupee and others deduct TDS exact amount (up to the calculated paise). In IT returns, TDS is accounted in rounded off form. Hence to bring uniformity in procedure, Ministry may give guidance to all TDS/ TCS deducting agencies to round off the amount to the higher rupee. Request kind consideration.

Based on the Bare act, Rebate is applicable on the Capital gain but the department keeps sending out demand by disallowing the same whirl processing our IT returns. So it will be good if you can provide a clarity in the finance bill on the same along with slight modification:- 1. If the rebate is not allowed on the Capital gain, then for the purpose of the checking the threshold level for rebate ( say 12 Lakhs ) the Capital gain portion needs to excluded as we are anyways paying tax on the capital gain portion on the special rates. Just because of earning a side income by way of capital gain entire other income such as salary and other income (for majority of the taxpayer) gets taxed at the slab rate even though other component of the income other than capital gain is less than he threshold level.

Many senior citizens (retired) have to be in abroad due to their children being abroad and to support their family. Due to this, they are becoming Non-resident and their Indian Bank accounts are converted to Non-resident ordinary. Despite they get pension and income from their investments in India (which are taxed in India), they have to pay heavy tax for transferring funds from their NRO account (as high as 34%) to meet their sustenance in abroad. So, they have to painfully depend on their children to meet their basic needs and urgent needs like medical etc. As their income in India is already taxed under normal income tax rules, they should be allowed to repatriate their NRO funds without any further tax or with minimum tax up to some reasonable extent say upto USD 100,000. This will provide some dignity to their living abroad without burdening their children. Hope the Government provide necessary consideration for the same. Jai Hind.

Reformative SC-ST Empowerment Project thru Nurture & Leadership Training: Let’s empower SC-STs, moving beyond the limitations of reservation & welfare. The Budget can adopt a proven Nurture model that replaces crutches with self-esteem and merit building in SC-STs. Evidence from social action research in India shows that intensive training interventions focusing on self-confidence & leadership, not just academic tuition, can propel students from failing grades to academic & career success, effectively bridging achievement gap. With a pilot fund of Rs 100 cr, the govt can test and prove this concept and then scale it nationwide. This strategy will transform SC-ST youth into self-reliant leaders capable of competing in the private sector and entrepreneurship even without reservations, within a generation. It is a low cost high-ROI project that can accomplish dignity and national integration. Details explained in my article: https://www.pgurus.com/need-a-big-idea-for-sc-st-empowerment/