Loading...

⚠ ✕
❮ 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 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
╳
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 ✕
🔎 Filters / Advanced Search ❯
TEXT

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.
Relevance Default Date
    Indian crude tanker sails out of UAE's Fujairah safely
    Govt bars piped cooking gas users from holding LPG connections, PNG rollout to be fast-tracked
    India well-placed to deal with any situation on crude oil, fuel amid West Asia supply shock: Goyal
    The Latest: Iran threatens UAE ports as war enters third week
    Punjab govt to set up 3 exhibition centres: Chief Minister Bhagwant Mann
    Jitendra Singh lays foundation stone of Rs 600 cr pharma manufacturing facility in Kathua district
    'Boils my blood when I see Chinese imports,' says Kejriwal, offers support to Punjab industry
    Industries in Chhatrapati Sambhajinagar seek power tariff cut amid rise in production costs
    India, US engaged in talks on bilateral trade pact: Commerce ministry
    Union Minister Of Commerce And Industry Shri Piyush Goyal Urges Industry To Leverage India–EFTA TEPA; Highlights $100 Billion FDI Commitment And Pot...
    APEDA Facilitates First Export of GI-Tagged Joha Rice from Assam to the United Kingdom and Italy
    India, US remain engaged for a mutually beneficial trade pact: Commerce ministry
    EXPLAINER: Why kerosene and coal are making a temporary comeback in India
    Congressional Democrats say Trump tariffs will cost US households more than $2,500 this year
    NXT Conclave 2026: PM Modi Unveils India’s Energy Strategy
    My marriage not a case of 'love-jihad', we did not convert : Viral Kumbh Mela girl
    Russia earns nearly USD 7 billion in fuel exports
    LPG distributors approach Bombay HC against supply crunch; notices issued to Centre, pvt firm
    China silent on India’s move to ease FDI norms; Chinese businesses say 'partial' opening
    LPG supply crunch may disrupt QSR operations, raise input costs for consumer firms
❮
❯
❯❯
Maximize Maximize Maximize
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 Summaries Hide All Summaries
March 15, 2026
Show AI Summary
Maritime safety: Indian-flagged tanker sailed from UAE after terminal attack, ensuring crew safety and fuel supply continuity.
An Indian-flagged crude tanker departed Fujairah safely after an attack on the oil terminal, with all crew reported safe. The Directorate General of Shipping has activated a control room to monitor vessel movements, handle communications, facilitate repatriation and coordinate with ship owners, RPSL agencies, Indian Missions and central ministries to ensure maritime safety, seafarer welfare and continuity of fuel supplies amid disruptions to Gulf shipping routes.
March 15, 2026
Show AI Summary
Piped gas priority: consumers with PNG must surrender domestic LPG connections, suppliers barred from providing refills.
The Ministry amended the LPG (Regulation of Supply and Distribution) Order to require consumers with PNG connections to surrender domestic LPG connections and forbade Government oil companies and distributors from providing domestic LPG connections or refills to consumers who already own PNG, while PNGRB instructed CGD companies to prioritise and accelerate domestic PNG rollout, deployment, permissions, and last-mile connectivity to reduce pressure on LPG supplies.
March 14, 2026
Show AI Summary
Energy security measures bolster fuel supply and exporter support amid West Asia supply disruptions with insurance cover and diversified imports.
The government has increased kerosene production as an alternative cooking fuel, diversified LPG/LNG and crude import sources to mitigate shipping-route disruptions, and maintained sufficient fuel stocks. The Commerce Ministry is engaging stakeholders through a 24-hour helpline and developing schemes that provide insurance cover for export cargo damaged, lost or delayed due to maritime disruptions, with a forthcoming concrete action agenda to support exporters.
March 14, 2026
Show AI Summary
Attack on critical port infrastructure declared legitimate targets, prompting evacuation warnings and heightened risks to energy transit.
Iran threatened strikes on UAE ports, urging evacuation of Jebel Ali, Khalifa and Fujairah after alleging US forces operate from those civilian facilities and thereby designating them legitimate targets; the warning accompanies ongoing missile and drone exchanges, reported damage to Iran's Kharg Island oil export terminal and disruption of the Strait of Hormuz, while the UAE detained foreigners for posting alleged war-related disinformation.
March 14, 2026
Show AI Summary
Exhibition centres to be established to boost industry and exports, providing platforms for product showcases and value-added agriculture.
The Punjab government will establish three world-class exhibition centres at Ludhiana, New Chandigarh and Amritsar to give industry dedicated venues to showcase products, boost commerce, attract investment and support export-oriented growth as part of a wider strategy to expand food processing, encourage agricultural diversification, and increase farmer incomes through value addition.
March 14, 2026
Show AI Summary
Production Linked Incentive Scheme drives domestic manufacture of a critical antibiotic intermediate to reduce import dependence and boost supply resilience.
The project establishes domestic manufacture of the critical antibiotic intermediate Amino Cephalosporanic Acid (ACA) in Kathua, financed under the Production Linked Incentive Scheme with public facilitation, aiming to reduce import dependence, strengthen pharmaceutical supply resilience, generate local employment, and align with the Biopharma Shakti policy to expand national biopharmaceutical capacity.
March 14, 2026
Show AI Summary
Industry support pledged to strengthen domestic manufacturing and reduce reliance on imports, with state backing for exporters.
Commitment to state-led industry support in Punjab to promote domestic manufacturing, reduce dependence on imported consumer goods, provide required environment and resources to enable local manufacturers to compete with foreign suppliers and begin exporting, and remove government interference to restore regional industrial competitiveness.
March 14, 2026
Show AI Summary
Electricity tariff reduction sought to offset rising production costs amid fuel supply disruption and request for repayment moratorium.
Industrial associations in Chhatrapati Sambhajinagar formally sought a reduction in electricity tariffs to alleviate rising production costs from disrupted fuel supplies, alongside a moratorium on loan repayments and expedited permits for alternative fuels; these demands were compiled after an administrative request and presented to the State Industries Minister, who acknowledged limited gas stocks but urged continued operations.
March 13, 2026
Show AI Summary
Bilateral trade agreement talks continue amid US tariffs and Section 301 investigations affecting timing of formal signing.
India and the United States continue negotiations on a first-phase bilateral trade agreement with chief negotiators finalising contours and legal text, but signing is deferred until US tariff policy and related measures are clarified. Recent US actions - including a court-affected tariff decision, the imposition of temporary across-the-board levies, and initiation of Section 301 investigations into multiple economies - have affected timing though not the ongoing engagement; Indian officials say the US intends to calibrate tariffs to preserve India's comparative advantage and preferential access under the proposed pact.
March 13, 2026
Show AI Summary
Legally binding investment commitment spurs FTA-driven investment and enhanced market access while preserving sensitive sector protections.
The India-EFTA TEPA embeds a legally binding investment commitment within an FTA, paired with a safeguard clause allowing India to claw back FTA benefits if investment pledges are unmet. The agreement furnishes near-complete services market access across EFTA parties, enables technology collaboration and capacity building, and maintains protections for sensitive sectors such as agriculture and dairy. A dedicated FTA facilitation desk and stakeholder engagement are promoted to convert treaty commitments into investment, trade and employment outcomes.
March 13, 2026
Show AI Summary
Geographical Indication protection enabled first exports of Joha rice to the UK and Italy, expanding premium market access.
APEDA facilitated the first export consignments of Geographical Indication-tagged Joha rice to the United Kingdom and Italy by coordinating certification, exporter registration, processing and packing with state agriculture and plant quarantine authorities to ensure compliance with export standards.
March 13, 2026
Show AI Summary
Trade investigations drive continued India-US engagement on a bilateral trade pact amid parallel tariff measures and policy scrutiny.
India's commerce ministry has denied reports of a pause in bilateral talks with the United States, confirming continued engagement toward a mutually beneficial trade agreement. This diplomatic position arises as the US launches new Section 301 trade investigations into policies of several economies, including India, and implements broad tariff measures following a domestic court decision, creating the policy context for negotiations.
March 13, 2026
Show AI Summary
Emergency fuel measures temporarily reintroduce kerosene and permit alternate fuels for hospitality to protect household cooking supplies.
India has introduced temporary emergency measures to manage an energy supply shock from disrupted Strait of Hormuz transit: additional kerosene allocations for households, temporary permission for hotels and restaurants to use biomass, RDF and coal, limited commercial LPG allocation, extended LPG refill intervals, expanded delivery authentication to curb hoarding, and a committee to assess genuine commercial demand, while sourcing cargoes from diverse suppliers and increasing domestic LPG output.
March 13, 2026
Show AI Summary
Tariffs under trade statutes shift import costs to consumers, increasing household burdens and prompting broad trade investigations.
The administration is replacing invalidated emergency tariffs by pivoting to alternative statutory authorities to sustain tariff revenue, using short-duration emergency levies, broader trade-investigation powers to target unfair or excessive foreign production, and national-security based tariffs after Commerce inquiries. Procedural limits and legal challenges constrain some measures, while analysts and Democratic reports conclude tariff costs will be passed to consumers-through importer pass-through and higher domestic prices-so households will bear the economic burden.
March 13, 2026
Show AI Summary
Energy strategy emphasizes infrastructure expansion and self reliance to mitigate war driven supply shocks and strengthen strategic reserves.
India's energy policy adopts a two pronged strategy of expanding domestic energy infrastructure and strengthening self reliance to reduce import dependence. Key operative elements include enlargement of strategic petroleum reserves, expansion of LNG terminals and pipeline networks, increased LPG, PNG and CNG penetration, rapid growth in renewable capacity and railway electrification, and demand substitution measures such as ethanol blending and bio gas. Concurrently, authorities are urged to monitor markets and take strict action against black marketing and misinformation to preserve supply chain integrity.
March 12, 2026
Show AI Summary
Religious conversion allegations dismissed as the couple present identity documents and registered marriage to affirm consent and age.
Allegations that the marriage constituted love-jihad and involved religious conversion were denied by the parties, who stated both remained in their respective faiths and that the wedding was solemnised according to Hindu customs. The couple produced identity documents and a marriage certificate to support the assertion that the bride was an adult and that the marriage was registered, emphasising consent and denying reports of underage marriage.
March 12, 2026
Show AI Summary
Sanctions debate intensifies as advocacy groups cite increased fossil fuel export revenues influencing calls for tougher measures.
Analysis showing Russia earned nearly USD 7 billion from fossil fuel exports during the Iran war and that daily export revenues averaged materially higher prompted a German nonprofit and research groups to urge tougher sanctions on those exports while another government considers easing restrictions.
March 12, 2026
Show AI Summary
Priority supply of domestic LPG sought to enforce export restrictions and secure household allocations amid supply disruption.
Six LPG distributors allege a supplier refused to reallocate LPG from export channels to the domestic market despite Ministry directions prioritising household supplies; they seek orders compelling the supplier to halt exports and increase domestic allocations, identifying the petroleum ministry as policy authority and the trade directorate as competent on export restrictions.
March 12, 2026
Show AI Summary
FDI relaxation for land-border ownership reduces mandatory approval requirements, enabling limited bordering-country stakes to invest.
India amended its FDI rules to exempt from mandatory approval overseas firms incorporated outside land-bordering countries that have non-controlling beneficial owners from those countries below a specified threshold, while continuing mandatory approval for entities domiciled in bordering countries; sectoral caps and entry routes remain applicable and large-scale or controlling investments follow the previous approval process, with a limited fast-track approval available for certain sectors.
March 12, 2026
Show AI Summary
LPG supply prioritisation may restrict commercial fuel access, disrupting restaurants and raising input costs for consumer firms.
Government prioritisation of LPG for domestic cooking and essential services has produced restrictions on commercial supplies, limiting fuel access to non-essential enterprises like quick-service restaurants. High import dependence and transit concentration through the Strait of Hormuz, absence of strategic LPG reserves, and regulatory storage licensing combine with limited channel inventory to create operational risk that can impact commercial operations within 48-72 hours and contribute to higher input costs for glass, plastics, FMCG and related sectors.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Customs & Trade

EXPLAINER: Why kerosene and coal are making a temporary comeback in India

March 13, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Mar 13 (PTI) India has temporarily reintroduced kerosene for household use and permitted the use of coal and other alternate fuels for hotels and restaurants as the escalating West Asia crisis disrupts the country's energy supply chains.

The move comes after the conflict effectively shut the Strait of Hormuz, through which a large share of India's crude oil, LPG and LNG imports normally pass.

Why is India facing fuel supply pressure? -------------------------------------------- The Strait of Hormuz - a narrow passage of water between Iran and Oman - is one of the world's most critical energy transit routes. The 21-mile-wide choke point, where shipping lanes for incoming and outgoing traffic are restricted to just 2 miles wide each, separated by a 2-mile buffer zone, is the only sea exit for oil- and gas- producing countries, such as Saudi Arabia, Kuwait, Iran, Iraq, Qatar and the United Arab Emirates (UAE).

The narrow, 50-mile-long passage that connects the Gulf with the Arabian Sea carries about a fifth of the world's oil and liquefied natural gas (LNG).

India imports roughly 88 per cent of its crude oil, 50 per cent of its LNG needs and 60 per cent of its LPG requirement, most of which transits through the strait.

The widening conflict in West Asia, which began on February 28 when the United States and Israel carried out strikes on Iran, followed by retaliatory attacks from Tehran, has stopped energy flows through the strait.

For India, the route is particularly important: ------------------------------------------------ * More than half of India's crude oil imports pass through the strait.

* About 55 per cent of LPG supplies used for cooking arrive through the route.

* Nearly 30 per cent of LNG imports also move through the corridor.

India consumed 31.3 million tonnes of LPG in 2024-25, of which only 12.8 million tonnes were produced domestically, with the remainder imported. 85-90 per cent of imports came from countries, like Saudi Arabia, that rely on the strait for transit.

While there is enough crude oil available from alternative sources, such as Russia, replacing any loss of LPG supplies is more time-consuming, as other alternative sources are largely located in the United States and Canada.

The disruption has forced oil companies to prioritise household cooking gas supplies, leading to restrictions on commercial users, such as hotels and restaurants.

Measures taken by the government --------------------------------------- To manage the supply disruption, the government has introduced a series of temporary measures: * Additional kerosene allocation: States have been given 48,000 kilolitres of additional kerosene, over and above the regular monthly quota of about 1 lakh kilolitres, for household cooking needs.

* Alternate fuels for hospitality sector: Environmental regulators have been asked to permit biomass, refuse-derived fuel (RDF) pellets and coal as alternate fuels for hotels and restaurants for one month.

* Limited commercial LPG supply: Oil marketing companies will allocate 20 per cent of the average monthly commercial LPG demand to ensure essential businesses continue to receive supplies.

* Demand management: The minimum refill interval for LPG cylinders has been increased to 25 days in urban areas and 45 days in rural areas.

Why is kerosene being used again? ------------------------------------- The increase in kerosene allocation is notable because India has spent the past decade attempting to phase out the fuel due to pollution concerns and its misuse for adulterating petrol.

Delhi was officially declared the first kerosene-free city in India on June 17, 2014. The initiative, launched in 2012, replaced kerosene usage with LPG connections for households, aiming to reduce pollution and fire risks.

Mass roll-out of LPG through grant of free connections to the poor under the Pradhan Mantri Ujjwala Yojana was intended to cut the usage of firewood and coal for cooking, especially in rural households.

However, with LPG supplies under pressure, officials said kerosene is being temporarily reintroduced to ensure households continue to have access to cooking fuel.

Is there a fuel shortage? -------------------------- The government says the country is not facing a shortage of petrol or diesel despite the global disruption.

* Refineries are operating at high capacity utilisation, in some cases exceeding 100 per cent.

* No petrol pump or LPG distributor has run dry.

* Crude oil supplies have been secured from multiple sources. India has diversified its crude sources to around 40 countries from 27 previously.

Why are LPG supplies under pressure? ---------------------------------------- Before the crisis, about 60 per cent of LPG imports came from Gulf countries such as Qatar, Saudi Arabia, the UAE and Kuwait. Those supplies are blocked.

The government says LPG cargoes are now being sourced from the United States, Norway, Canada, Algeria and Russia, in addition to available Gulf supplies.

Domestic LPG production has also been increased by 28 per cent by redirecting refinery output.

How the government is preventing hoarding ----------------------------------------------- Officials say a surge in LPG bookings has largely been driven by panic buying rather than actual supply shortages.

To curb hoarding and diversion, delivery authentication codes will be expanded to 90 per cent of consumers, requiring confirmation before cylinders are marked delivered.

A three-member committee will assess genuine commercial demand across sectors and regions.

Commercial LPG sales are being regulated temporarily to prevent black-market diversion.

What Next? ------------ Officials say the measures are temporary responses to an extraordinary global energy disruption.

The government is monitoring supply flows and alternative import routes while prioritising household cooking fuel and essential sectors such as hospitals and educational institutions.

The Strait of Hormuz has remained disrupted for nearly two weeks, making the current situation one of the most severe energy supply shocks in recent decades. PTI ANZ BAL BAL

Topics

Acts Income Tax