Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    IGL cuts piped cooking gas prices in Delhi, NCR
    Govt rolls out Rs 4,531-cr market access support for exporters
    Challenges galore, but tea industry better placed in 2025 compared to last year
    Big Bullion Theory: Gold, silver retain sparkle in shaky geopolitical sands
    Government Launches Market Access Support Intervention under Export Promotion Mission to Strengthen Global Market Access for Indian Exporters
    Goldilocks phase, reforms glide path to spur Indian economy in 2026
    India, Russia move towards more balanced, diversified economic ties in 2025
    Celebrities, politicians, corporate giants in Delhi HC in 2025 seeking relief
    India's diplomacy faced giant test in 2025
    Customs seizes nearly 200 gm gold concealed inside jeans worn by passenger at Delhi airport
    India-Pak tensions among hotspot issues 'mediated' by China: FM Wang Yi
    CBI court sentences then-Kandla SEZ appraiser to 5-year RI in DA case, imposes Rs 63 lakh fine
    Cochin airport expands export cargo capacity to 1.25 lakh tonnes
    RSWM Ends the Year with Multiple Accolades: Wins Three Major Industry Honors for Sustainability
    India-China work toward rebuilding ties in 2025 after over four years of fractious relations
    Following are the top foreign stories at 2030 hours
    Geopolitical issues, visa hurdles keep Bangladeshi exhibitors away from trade fair
    China to apply lower tariff rates to certain imports in 2026
    2025: TN saw double digit growth, steady strides in industrialisation efforts
    Tariffs, Russia, conflict with Pakistan, H-1B: When 2025 tested India-US ties
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    News
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    December 31, 2025
    Show AI Summary
    Piped natural gas prices cut in Delhi NCR as regulator simplifies pipeline tariffs, reducing distance-based zones nationwide.
    A city gas distributor reduced domestic piped natural gas prices by Rs 0.70 per standard cubic metre for Delhi and nearby areas, specifying new consumer rates effective January 1. The reduction follows a regulator's tariff restructuring that reduces distance based tariff zones from three to two and applies a single lower Zone 1 rate for CNG and domestic PNG customers nationwide, intended to simplify and lower transportation costs.
    December 31, 2025
    Show AI Summary
    Market Access Support launched with Rs 4,531 crore to subsidise exporters' participation in global trade events and MSME access.
    The government launched Market Access Support (MAS) with Rs 4,531 crore for 2025-31 to subsidise exporter participation in Buyer Seller Meets, trade fairs, Mega Reverse BSMs and trade delegations, with per event caps (Rs 5 crore for BSMs and delegations; Rs 10 crore for RBSMs). Government shares 60% of event costs, up to 80% for priority areas, and reserves 35% participation support for MSMEs. MAS adds proofs of concept demonstrations for technology intensive sectors, mandatory online exporter feedback, and a three to five year events calendar as part of a wider Rs 25,060 crore export promotion mission that includes credit support measures.
    December 31, 2025
    Show AI Summary
    Tea industry posts higher output and exports but faces pesticide rules, enforcement over blending, labour cost and climate risks.
    The tea sector saw higher overall output and export growth in 2025 driven by small-grower production, causing CTC price pressure while orthodox tea remained firm. Exporters face potential disruption from impending pesticide legislation in the EU/UK, and the Tea Board has issued show cause notices over alleged blending and mislabelling of imported inferior tea. Anticipated labour cost increases and elevated inventory pose margin and price risks, while climate-driven crop losses have prompted research into resilient varieties and climate-smart practices.
    December 31, 2025
    Show AI Summary
    Gold and silver surged as monetary easing, trade uncertainty and central bank buying tightened supply and boosted safe haven demand.
    Easing monetary policy-three 25 basis point Fed cuts-weakened the dollar and acted as an initial inflection supporting bullion, while tariff rhetoric and trade uncertainty increased safe haven demand. Sustained central bank purchases and reserve diversification materially underpinned gold, and silver's rally was amplified by multi year mine shutdowns, China led supply constraints and rising production costs that produced structural deficits. Elevated domestic prices shifted consumption toward investment bars and coins, and analysts expect episodic consolidation but a constructive medium term outlook driven by monetary easing, central bank accumulation and constrained supply.
    December 31, 2025
    Show AI Summary
    Market Access Support Intervention strengthens exporter access with financial support, MSME prioritisation and digital monitoring.
    The Market Access Support Intervention under the Export Promotion Mission provides structured financial and institutional support for Buyer Seller Meets, trade fairs, Mega Reverse Buyer Seller Meets and trade delegations, with rationalised event level support ceilings and preferential assistance for priority sectors and small exporters. It mandates at least 35% MSME participation, benchmarks delegation sizes, enables end to end digital processes for proposals, approvals and fund release via the portal, requires mandatory online feedback on buyer quality and leads, and phases in Proofs of Concept, product demonstrations and digital lead tracking tools to strengthen outcome measurement.
    December 31, 2025
    Show AI Summary
    India's economy enters a 'goldilocks' phase as fiscal reforms, GST cuts and a potential India-US trade deal aim to sustain growth.
    India's 2025-26 macroeconomic position combines strong growth and low inflation, with policy emphasis on sustaining momentum through fiscal support for capital expenditure, Union Budget reforms to attract private and foreign investment, and Reserve Bank accommodation. Key regulatory measures include updating the national accounts base year to 2022-23, late-2025 GST rate reductions, implementation of new labour codes, and an anticipated India-US trade agreement to boost exports and industry.
    December 31, 2025
    Show AI Summary
    India-Russia partnership diversifies trade beyond defence and energy via a five-year roadmap, joint ventures, and localisation.
    India and Russia adopted a five-year roadmap and signed 30 documents to diversify bilateral trade beyond defence and energy, focusing on joint ventures, localisation, technology transfer, non-nuclear shipbuilding, and a proposed joint-investment fund to address the trade deficit and reduce reliance on discounted crude; implementation will proceed through intergovernmental coordination, ministerial engagements, localisation of aerospace technology, and exploration of an FTA framework with the Eurasian Economic Union to expand market access.
    December 31, 2025
    Show AI Summary
    Celebrities and politicians seek protection of personality and contest disputes over wills, privacy, regulatory and commercial claims.
    Public figures and corporations brought litigation over protection from unauthorised use of name, image, likeness and voice, contested wills and succession claims, and challenged regulatory and administrative orders including customs duty refunds, consumer protection guidelines and competition authority directions. The year's docket also included disputes over disclosure of personal records of officeholders, challenges to organisational bans and pandemic era prosecutions, alongside judicial scrutiny of educational attendance norms and anti ragging measures.
    December 31, 2025
    Show AI Summary
    India's diplomacy navigated cross border strikes, suspended treaties, trade tariffs, and shifting regional partnerships in 2025.
    India responded to a major terrorist attack by suspending the Indus Water Treaty and conducting cross-border strikes (Operation Sindoor), which triggered escalatory exchanges later halted through military hotlines; simultaneous trade coercion and visa policy changes by a major partner compounded bilateral strain while New Delhi pursued improved ties with China and Russia, a free trade agreement with the UK, and efforts to stabilise regional relations and energy security.
    December 30, 2025
    Show AI Summary
    Customs seizes 196.5g gold concealed in jeans waistband after passenger search at airport.
    Customs intercepted a passenger arriving from Riyadh, conducted a personal search after suspicious behaviour, and recovered two strips of yellow chemical paste believed to be gold weighing 196.5 grams concealed in the waistband cavity of jeans; the material was seized by customs authorities.
    December 30, 2025
    Show AI Summary
    China says it mediated India-Pakistan tensions amid dispute over military support and competing ceasefire narratives.
    China presented itself as mediating regional hotspots, including India-Pakistan tensions, while New Delhi maintained the May 7-10 ceasefire was negotiated directly between DGMOs; the article records criticism over Chinese military support to Pakistan, Chinese calls for restraint, and the broader diplomatic context of SCO invitations, BRICS expansion, and Sino US engagement.
    December 30, 2025
    Show AI Summary
    Kandla SEZ appraiser convicted and sentenced for disproportionate assets, with jail terms and monetary fines imposed.
    A Kandla SEZ appraiser was convicted for amassing disproportionate assets after an expanded investigative check period increased the quantified unexplained wealth in the chargesheet; the special court imposed custodial sentences and monetary fines on the appraiser and convicted his spouse for abetment.
    December 30, 2025
    Show AI Summary
    Cochin airport export cargo capacity expanded to 1.25 lakh tonnes, boosting cold chain and dangerous goods handling efficiency.
    Cochin International Airport Limited expanded export cargo warehouse capacity from 75,000 metric tonnes to 1.25 lakh metric tonnes and equipped it with additional X ray machines, explosive trace detection, a dangerous goods room, two cold rooms, a radioactive cargo room and a valuables room to strengthen cargo security, specialised handling and operational throughput for perishables, pharmaceuticals, dangerous goods, radioactive materials and high value consignments.
    December 30, 2025
    Show AI Summary
    RSWM wins three awards for sustainability, highlighting circularity, renewable energy adoption and water stewardship.
    RSWM Ltd received three awards recognizing sustainability and ESG-led manufacturing: the AR Choice Award for Sustainable Textile Manufacturer of the Year for integrated materials, energy, water and waste stewardship; a Silver Medal at the India Green Manufacturing Challenge for its Melange unit following IRIM's on-site evaluation; and a Bronze Award at the FE Green Sarathi Awards for circular material practices, recycled fibre integration, renewable energy adoption and water management.
    December 30, 2025
    Show AI Summary
    India-China relations in 2025: cautious normalization amid border de escalation, trade frictions, and diplomatic disputes.
    Following the October 2024 end to the eastern Ladakh face off, India and China in 2025 engaged Special Representatives and senior ministers to normalise ties through dialogue and de escalation, while facing impediments including alleged Chinese military support to Pakistan, an immigration incident implicating Arunachal Pradesh and transit treatment concerns, and Chinese curbs on rare earth exports that disrupted Indian industry; these matters prompted diplomatic protests, partial easing of controls, and modest growth in Indian exports amid continuing strategic rivalry.
    December 29, 2025
    Show AI Summary
    International legal developments: challenges to criminal convictions, tariff adjustments, arms transfer and diplomatic recognition disputes affect state relations.
    Separate appeals challenge lengthy sentences and a military court conviction, raising procedural and appellate issues about tribunal jurisdiction and review; an opposition figure lodged electoral nomination papers invoking candidacy and nomination rules; allegations that mass protests were a "planned conspiracy" suggest criminal investigation thresholds for coordinated vandalism and arson. Internationally, an announced arms sale raises export control and foreign policy considerations, provisional reductions of import tariffs engage tariff setting authority and trade policy, and formal recognition of a disputed territory implicates legal effects of diplomatic recognition and territorial sovereignty.
    December 29, 2025
    Show AI Summary
    Bangladeshi exhibitors stayed away from a major trade fair due to geopolitical tensions and visa-related constraints affecting cross-border participation.
    Absence of Bangladeshi exhibitors from BNCCI's 37th trade fair resulted from geopolitical tensions and visa-related issues that prevented historically significant cross border participation. BNCCI shifted the fair from a business to business model to a consumer and festival focus, emphasised handloom and handicrafts, and organised industry and MSME conclaves to facilitate policy and export support, while indicating future international participation depends on resolution of the diplomatic and visa constraints.
    December 29, 2025
    Show AI Summary
    China applies lower import tariffs on 935 items from Jan 1, 2026, while maintaining zero tariffs for least developed countries.
    China will implement provisional lower import tariff rates on 935 items from January 1, 2026, reducing duties on key components, advanced materials, certain resources for green development, and medical products. The measure includes optimisation of tariff headings and addition of national subheadings for products like intelligent bionic robots and bio aviation kerosene to support technological and circular economy development. China will continue applying agreed preferential rates under 24 free trade agreements with 34 partners and maintain zero tariff treatment on all tariff lines for 43 least developed countries.
    December 29, 2025
    Show AI Summary
    Tamil Nadu posts 11.19% growth; US 50% tariff disrupts Tirupur knitwear, causing orders and job losses.
    Tamil Nadu achieved 11.19% growth in 2024-25, saw record electronics exports and secured major investments including a Rs 3,250 crore Ford engine project and aerospace commitments, while a US-imposed 50% tariff on certain Indian imports significantly disrupted Tirupur's knitwear sector, causing order losses, production cuts and job losses and prompting appeals for bilateral resolution.
    December 28, 2025
    Show AI Summary
    US-India ties tested by reciprocal tariffs, a USD 100,000 H 1B fee, and a new 10 year defence framework pact.
    The document outlines reciprocal US tariffs rising to roughly 50% on Indian imports in response to India's high levies, simultaneous negotiation of a multi-sector Bilateral Trade Agreement with agreed Terms of Reference, a proclamation imposing a USD 100,000 fee on new H-1B visas treating programme abuse as a security threat, intensified counterterrorism cooperation including extradition and terrorist designation, and a 10-year Defence Framework Pact to institutionalise the US-India major defence partnership.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters
      Customs & Trade

      Tariffs, Russia, conflict with Pakistan, H-1B: When 2025 tested India-US ties

      December 28, 2025

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      New York/Washington, Dec 28 (PTI) The US and India ties in 2025 have been a rollercoaster ride as punitive and reciprocal tariffs, a conflict with Pakistan and stringent immigration policies strained and tested the bilateral relationship in a manner not seen in decades.

      However, Prime Minister Narendra Modi’s visit to the US to meet President Donald Trump and the signing of the 10-year defence framework pact between the two countries were seen as the high points in the relationship.

      The year began on an exemplary note with Modi’s visit to Washington, DC, for his first bilateral meeting with Trump in his second term in the White House in February.

      Modi was only the fourth foreign dignitary - after leaders of Israel, Japan and Jordan - to meet Trump within weeks after his inauguration as 47th US President.

      The meeting encapsulated the strengthening US-India strategic partnership.

      Trump and Modi announced plans to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by the fall of 2025, aiming to more than double trade to USD 500 billion by 2030.

      A month earlier, External Affairs Minister S Jaishankar sat in the front row inside the US Capitol Rotunda when he attended Trump’s inauguration on January 21, representing the Government of India.

      Hours later, the newly sworn-in Secretary of State Marco Rubio hosted Jaishankar, Japan's Minister for Foreign Affairs, Takeshi Iwaya and Australian Foreign Minister Penny Wong for the first Quad Foreign Ministers’ Meeting of the new Trump administration.

      But as the months rolled on, bilateral ties that were going full steam ahead encountered stumbling blocks in the form of differences over tariffs and trade.

      In his address to the Joint Session of Congress, Trump criticised India and other countries for the high tariffs they charged on American products, the first of the many statements he made over the course of the year slamming the high levies imposed by India.

      While Trump described India as a "very high tariff nation”, members of his administration too did not hold back in their criticism, with his trade adviser Peter Navarro calling India the ‘Maharaja of tariffs’.

      On April 2, which Trump proclaimed as ‘Liberation Day’, he slapped reciprocal tariffs on countries around the world and announced a 26 per cent “discounted reciprocal tariff” on India, half of the 52 per cent levies imposed by it on American goods.

      However, Trump announced on various occasions that a trade deal with India would happen “soon”.

      The two nations made "significant progress" towards a mutually beneficial bilateral trade pact when US Vice President JD Vance visited India and held wide-ranging talks with PM Modi.

      Vance and Modi announced the Terms of Reference for the bilateral trade agreement between the US and India.

      It was around the time that Vance was in India that a horrific terror attack took place on April 22 in Pahalgam perpetrated by The Resistance Front, a proxy of Pakistan-based terror group Lashkar-e-Taiba, in which 26 civilians were killed.

      In retaliation, India launched Operation Sindoor targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir. On May 10, the fourth day of the conflict, Trump suddenly announced on his Truth Social page that the US had brokered a ceasefire between India and Pakistan.

      And since May 10, Trump has now repeated the claim more than 70 times that he solved the conflict between India and Pakistan and that he used trade to bring the fighting to an end.

      In June, Modi and Trump were scheduled to meet on the sidelines of the G7 Leaders’ Summit in Kananaskis, Canada, but Trump returned to Washington early. The two leaders, however, spoke on June 17, a 35-minute phone call.

      Foreign Secretary Vikram Misri said that Modi clearly conveyed to Trump that at “no point” during the days following Operation Sindoor was there any discussion, at any level, on an India-US Trade Deal, or any proposal for a mediation by the US between India and Pakistan.

      Trump has been critical of India’s purchases of Russian oil and, in August, imposed an additional 25 per cent levy on Indian imports, bringing the total tariffs imposed on India to 50 per cent, among the highest in the world.

      US lawmakers have condemned the tariffs imposed by Trump on India, with Indian-American Congressman Raja Krishnamoorthi saying the levies place an "unnecessary strain” on Washington’s relationship with Delhi.

      The Trump administration has also intensified its crackdown on immigration, both legal and illegal, imposing new and stringent restrictions on visas such as H-1B, which are used by a large number of Indian professionals to live and work in the US.

      Describing abuse of the H-1B programme as a national security threat, Trump signed a proclamation imposing a USD 100,000 fee on new H-1B visas, a move that caused widespread panic, confusion and concern among Indian professionals.

      Later, Trump also appeared to defend the H-1B visa programme, saying America has to bring in talent from around the world as it does not have “certain talents” in the country.

      Even as Washington and New Delhi dealt with these complications, there were areas of cooperation between the two sides that stood out this year.

      Highlighting the strong counter-terrorism cooperation, the US extradited Tahawwur Hussain Rana to India to face justice for his role in planning the 2008 Mumbai terror attacks. Further, the US designated The Resistance Front as a foreign terrorist organisation.

      The two countries also signed a 10-year defence framework pact in October as a "signal" of growing bilateral strategic ties even as Washington vowed to work closely with New Delhi to ensure a free and open Indo-Pacific.

      Defence Minister Rajnath Singh and US Secretary of War Pete Hegseth signed the framework agreement for the 'US-India major defence partnership' pact following their wide-ranging talks in Kuala Lumpur amid efforts by the two sides to repair ties.

      Despite challenges in bilateral ties, conversations between Trump and Modi underline the strategic importance of the relationship.

      Modi recently said he had a "very warm and engaging conversation" with President Trump, and they reviewed the progress in bilateral relations and discussed regional and international developments.

      "India and the US will continue to work together for global peace, stability and prosperity,” Modi said.

      Trump, who has described Modi as a “great friend of mine” and “a great Prime Minister”, has indicated he could travel to India next year.

      There is bipartisan consensus in Washington over the strategic and geopolitical importance of strong India-US ties. PTI YAS ZH RD RD RD

      Topics

      ActsIncome Tax