Govt introduced STT as an alternative of capital gain tax. Now govt is taking both very high STT and very high capital gain tax and increasing them every year. It is injustice to indian investors who invest their hard earned money in indian economy while fii are selling.

National AI-Data Science Talent Pool: India must establish a Cooperative for Data Science and AI talent to (1) provide training ground for fresh talent thru gig model, (2) be continuously abreast of technology, (3) groom for high paying jobs, (4) provide opportunity for part-timers with constraints, (5) retain talent within India. A Govt-controlled Cooperative model will empower them to own their work, ensuring fair profit-sharing and collective growth while solving critical national data challenges with sovereign oversight. By pooling domestic expertise, the government can accelerate digital transformation and foster indigenous innovation in mission-critical sectors. This inclusive approach will catapult India to become the top talent hub in this realm worldwide, ensuring economic resilience and technological leadership. Details explained in my article: https://www.pgurus.com/a-govt-co-op-for-data-science-ai-talent-a-suggestion/

Most awaited program of union budget was there should be intermediary between gob department and assessee who solve problems of assessee but there is no convenience source of assess where they solve there problem whenever they go department to take there problem department suggest online but they donot help to apply problem it has been more difficult to non educated and unknown computer knowledge assessee Department early started TRP SCHEME but they do not promote TRPS also TRP Training not continuous TRP not getting commission so they donot work properly so in my opinion as for small assessee and business related there should be single window system in department where they got full suggestion and help thorough department most of assess file ownself and got demand notice and other they could not understand why they got notice so there should be intermediary like TRP to solve this type issue Thank you to giving platform to share our suggestion

India doesn’t need more speeches; it needs execution. The upcoming budget must stop spreading money thin across feel-good schemes and instead focus on three targets: growth, jobs, and accountability. 1) Prioritize Productive Infrastructure, Not Token Projects Fund projects that actually increase GDP: freight rail, logistics parks, cold chains, ports, power transmission time-bound execution with public dashboards If a project doesn’t improve productivity, cut it. No vanity monuments. 2) Simplify Taxes Instead of Constantly Tweaking Them End the yearly circus of exemptions and micro-changes. predictable GST structure fewer rates, fewer loopholes incentives tied to investment and jobs created Complex tax systems reward manipulation, not honesty. 3) Jobs Are Created by Businesses, Not Training Certificates Enough with endless “skill programs” that produce paper certificates. reduce compliance burden on small and mid-sized firms make hiring easier, firing fair and transparent link incentive

Dear Sir I want to suggest that the government should charge stamp duty as per circle rate in case of agreement is higher than circle rate so that people will not under quote to save stamp duty which can avoid creating black money. Currently the total transaction cost is around 40 lakhs crore and tax collected is around 2 lakh crore.and currency in circulation is around 39 lakh crore. Incremental loss of revenue to the government may not be more than 30,000 crore to 40,000 crore. But it can kill the reason for the creation of black money Gurudatta Dhanokar

BUY BACK OF SHARES ARE TREATED AS DEEMED INCOME VS. CAPITAL LOSS As per the Finance (No. 2) Act, 2024, the entire consideration paid by company to its shareholders on buyback of shares shall be considered as dividend with effect from October 01, 2024. . Section 46A of the Income Tax Act,1961 with effect from October 01, 2024 states that in the case of buy-back of shares, the consideration received by the shareholder will be deemed to be Nil for the purpose of computing capital gains. Consequently, a capital loss will arise in the hands of the shareholder equivalent to the cost of acquisition of the shares bought bacK. Dividend IIS taxed at normal rate whereas the capital loss(cost of acquisition - buy back price) is carrying either 12.5%/20% set off which apparently was not the intention of Parliament. Hence this anomaly should be corrected.

TAX AUDIT UNDER 44AB: The above concept of extra scrutiny and certification by a CA is an unnecessary procedure that has lost significance in view of the digitalisation. Also, the Tax audit is in addition to the normal audit by a CA. Therefore, it is a burden on the Assessee. The abolition of this Tax audit concept will be a boost of ease of doing business. Form No. 29 B under Section 115 JB: The above form involves a detailed procedure of filing separately by CA direct to IT website is an unnecessary procedure for the Assessees as the Companies themselves get their Accounts audited by the same CA itself. The abolition of this form will be a boost of ease of doing business

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Continue.... Assembling may be done at Kalaikunda and Test Flight from there. We are expecting the reopening of Dunlop for Aviation Industries (Aircraft Tyres Productions). Double up of Ichapur for Explosive/Ammunition industries. Hind Motors for Aircraft Support Vehicles Productions (ASV) required to facilitate Flying purposes. Expansion of Air Force Base Kalaikunda, Kharagpur for Rafale Assembling and Test Flight. This Triangle of Hasimara, Kalaikunda and Barrackpore will be completed to take control of Eastern Border misadventure.

(1) It is proposed to integrate TDS challan filing with TDS return filing by capturing deductee-wise details (PAN, nature of payment, and TDS amount) at the time of challan generation itself. Once the challan is paid, the TDS credit should auto-reflect in the deductee’s Form 26AS/AIS in real time, eliminating the need for separate TDS returns (Forms 24Q/26Q) and issuance of Form 16/16A. This integration will ensure real-time reconciliation, reduce errors and mismatches, and significantly ease compliance for deductors. It is further suggested that the TDS payment due date be extended to the 15th of the following month and for March to 30th April, enabling ITR filing to begin from 1st May. The reform will accelerate refunds, enhance transparency, reduce compliance cost, and support ease of doing business. (2) Include thrift and credit cooperative societies under SFT reporting for high-value deposits, loans, and repayments to improve transparency and curb misuse.