The Taxation and Other Laws (Amendment) Bill, 2026 proposed to be introduced in Parliament, could open the door to a more sustainable and balanced framework for UPI.

India is one of the world’s top destinations for foreign capital. But there’s a massive, underleveraged source right in front of us: 32 million Indians abroad, deeply connected to India, who want to invest here. A few small friction points get in the way. Here are the fixes we recommend.