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 ✕
🔎 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.
Relevance Default Date
    Delhi protesters' fingerprints collected from stones for identification via Aadhaar: BJP minister
    Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well
    India's forex reserves jump USD 6.12 bn to USD 682.35 bn
    Jharkhand signs pact with CSC eStore to make SHG products made by women available online
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
    Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
❯❯
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
July 31, 2026
Show AI Summary
Biometric identification of protesters through alleged fingerprint-Aadhaar linkage was described alongside criminal-background profiling and database creation.
Biometric identification of protesters through fingerprints recovered from alleged stone-pelting evidence was publicly described as a proposed investigative method. A minister stated that fingerprints allegedly found on stones would be linked with Aadhaar numbers to identify participants and examine their prior records. The account also referred to analysis and categorisation of detained protesters' criminal backgrounds, creation of a separate database, and proposed action against participants described as anti-social elements or persons with criminal records.
July 31, 2026
Show AI Summary
Offshore hydrocarbon exploration support funds high-risk deepwater drilling, shared infrastructure and data acquisition to strengthen domestic energy production.
The National Offshore Exploration Scheme provides public support for deepwater and ultra-deepwater oil and gas exploration, including seismic and offshore data acquisition, exploratory drilling in frontier basins, and common production and evacuation infrastructure. It addresses the high cost and geological uncertainty of offshore drilling and includes technology adoption, digital programme management, capacity building and collaboration measures. The scheme seeks to expand domestic hydrocarbon discoveries and production, attract investment across the exploration and production value chain, and reduce reliance on imported oil and gas.
July 31, 2026
Show AI Summary
Foreign exchange reserves increased as foreign currency assets and gold holdings rose, alongside measures to attract forex inflows.
India's foreign exchange reserves increased during the reporting week, principally because foreign currency assets and gold reserves rose. Foreign currency assets, expressed in United States dollar terms, include valuation effects from movements in currencies such as the euro, pound and yen. Special Drawing Rights and the reserve position with the International Monetary Fund declined. Measures including the FCNR(B) measure were reported as efforts to attract foreign-exchange inflows following rupee pressure and dollar-sales intervention.
July 31, 2026
Show AI Summary
Digital marketplace access for women's self-help group products expands e-commerce opportunities while panchayat-level citizen services are strengthened.
Digital marketplace access for women's self-help group products is proposed through a memorandum of understanding between CSC eStore and the Jharkhand State Livelihood Promotion Society. Products marketed under the 'Palash' and 'Adiva' brands are intended to be offered through an e-commerce network to widen market access, support rural women's income and entrepreneurship, and strengthen the rural economy. Digital panchayat services are also being expanded through Common Service Centres, including banking, e-governance and Aadhaar-related services.
July 31, 2026
Show AI Summary
Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
July 31, 2026
Show AI Summary
Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
July 31, 2026
Show AI Summary
Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
July 31, 2026
Show AI Summary
Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
July 31, 2026
Show AI Summary
Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
July 31, 2026
Show AI Summary
Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
July 31, 2026
Show AI Summary
Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
July 30, 2026
Show AI Summary
Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
July 30, 2026
Show AI Summary
Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
July 30, 2026
Show AI Summary
Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
July 30, 2026
Show AI Summary
Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
July 30, 2026
Show AI Summary
Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
July 30, 2026
Show AI Summary
Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
July 30, 2026
Show AI Summary
Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
July 30, 2026
Show AI Summary
Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
July 30, 2026
Show AI Summary
Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
News and Press Release

Delhi Budget 2015-16 – Highlights

July 1, 2015

Contents
Summary
Note

Note

-

Bookmark

Print

Print

1.     Budget of Government of NCT of Delhi in 2015-16 is proposed at ₹ 41129 crore

  • Plan Budget   ₹ 19000 crore
  • Non-Plan Budget   ₹ 22129 crore

2.     The total estimated expenditure of  Rs. 41 129 crore in 2015-16 is 18 per cent higher than the Revised Estimates of ₹ 34790 crore in 2014-15.

3.1   This is the first ''Swaraj Budget'' of the Country based on valuable inputs, suggestions  of the citizens, academicians, subject matter experts, trade organizations. RWAs, civil society, Corporate sector etc. It is India's first Participatory Budget.

3.2    A new initiative "Swaraj Fund" with a budget provision of ₹ 253 crore is proposed to be created enabling the citizens to prioritize implementation of programmes selected  by them for the development of their area.

3.3   An allocation of ₹ 20 crore is proposed for each of the  11 Assembly Constituencies as a pilot under Swaraj Fund. For remaining  59 Assembly Constituencies an amount of ₹ 50 lakh each is proposed.

3.4   Delhi government accorded the right to the citizens to take the decisions in the process of governance.

4.     A new agency "Delhi Urban Development Agency (DUDA)" is proposed to he set up in each Revenue District to execute the works recommended by Citizens under Swaraj Fund and Hon'ble MLA under MLA Fund.

5.     Total financial support of Rs.  5908 crore is proposed to the local bodies in 2015-16 which is 14.4% of the total budget.

6.1   Government has initiated the process of city governance system and delivery of public services in a most transparent and efficient manner to weed out graft and to make Delhi the first corruption-free State.

6.2   To eliminate possible corruption in issuance of various certificates at the SDM's office Government has launched the e-district services.

7.     Government has taken significant measures like reducing electricity hills. Supplying free `lifeline' water upto 20,000 litre per month for betterment of the life of citizens. An amount of ₹ 1690 crore for subsidy is proposed.

8.     Government of Delhi has decided to create buffer stock of onion & potato and will release it in the market during scarcity of the commodity.

9.     Free Wi-Fi services shall be launched in all colleges and rural areas during 2015-16.

10.    A High power committee has been constituted to review the existing licensing System and to suggest measures to simplify the process. The recommendations of this committee shall be submitted by 31st  July, 2015.

11.   Delhi will soon become the most preferred location for doing business because of case and speed of decision making.

12.   To coordinate requests from International Organizations and other Governments of the World a cell in Finance & Planning Department will be set up.

13.1  Education is the first priority of the government. An amount of ₹ 4570 crore under plan is proposed in 2015-16.  It is more than 106% more than the last year's expenditure of Rs.  2219 crore. It is for the first time in the country, any government  doubled outlay on education.

13.2   Agenda of the government is to provide modern facilities and infrastructure in all 1011 government schools.

13.3   50 schools  will  be  developed  as  Model  Schools  with  modern  facilities and infrastructure. Subsequently all schools to become Model schools. 236 new schools planned.

13.4   CCTV cameras in all the classrooms of government schools will be installed.

13.5   It is expected to recruit 20,000 regular teachers by the end of year to improve student-teacher ratio.

13.6    A Higher Education & Skill Development Guarantee Scheme will be launched. wherein students can get education loan upto  Rs. 10 lakh without any collateral or margin money.

13.7   The interest rates shall be lower than the usual interest rates for educational loan to female students.

13.8   To encourage sports activities the Government has launched the `Pay and Play scheme,' under which common man can avail the facilities in government sports complexes and stadia on nominal user charges.

13.9   Delhi government is working to set up a Skill University for vocational and skill development diploma / degree courses. An amount of' ₹ 310 crore proposed for promotion of Vocational education.

13.10  It is planned to give two certificates to every student when he / she passes 10+2 – one for general education and the other for skill education.    

13.11  Increase in intake capacity of each Government polytechnic planned for 100 seats.

13.12  It is proposed to open three new ITIs in Ranhola. Chhatarpur  and  Bakkarwala. Five new Polytechnics are proposed to be set up; one each in North. North East, Central. New Delhi and West districts of Delhi.

13.13  Netaji Subhash Institute of Technology will he upgraded into a University. It will enhance the student strength from 3000 to 12000 over a period of five years.

13.14  Incubation centre will be setup in Universities & Colleges to promote Research & Development.

14.1    Three new hospitals with total bed capacity of 1800 are planned at Nangloi, Siraspur and Madipur.

14.2    It is planned to remodel and upgrade 11 existing hospitals which will add  4000 more beds in next two years.

14.3    Government is planning to set up 500 "Mohalla Clinic" in all parts of Delhi in the current financial year.

14.4    Five centralized labs with modern facility will be set up in North, South, East, West and Central Delhi to provide diagnostic services to the patients visiting Mohalla Clinic.

14.5    Government is planning to set up an Advance Trauma Care Centre in LN Hospital for sports injury rehabilitation with 100 trauma beds including ICU and OT facilities.

14.6    Online booking of free bed facility in 42 private hospitals for the economical weaker sections is to be made available.

14.7    To maintain health data, record of registration and treatment at different  Hospitals  of Delhi Govt., Health Card to be issued individually.

14.8    Free  medicine  will  be  provided  to  the  citizens  of Delhi  through  charitable clinics/dispensaries.

15.1    Government will procure about 1380 semi low floor buses. 500 midi buses for DTC. Around 1000 more buses under Cluster scheme will be deployed by the end of 2016.

15.2     It is  proposed  to  bring 10.000   buses  of different  specifications,  to  meet  the differentiated needs of commuters, from the private sector under the PPP Cluster scheme.

15.3     About 5500 new auto permits are being released for plying in the NCR.

15.4    It is proposed to construct about 1200 new Bus Queue Shelters.

15.5     About 304 new Mini buses on 64 Metro Feeder routes to be inducted in the current year.

15.6    In order to provide last mile connectivity. Govt. is promoting e-Rickshaw in Delhi. Subsidy of Rs.  15000 on purchase of e-Rickshaw will be provided.

15.7    Delhi Government has made it mandatory for all public transport vehicles including taxis and autos to install GPS for tracking of the vehicle.

15.8    It is proposed to install CCTV cameras in all DTC and Cluster buses.

15.9    Delhi Government has decided to depute marshals in all DTC and Cluster buses to allay the fear of crime and reassure the women commuters of safety and security.

15.10  Passenger Information System to provide real-time information will be introduced.

16.1    Delhi Government is planning to start six Working Women Hostels with active participation from the private sector.

16.2    Government is planning to provide 300 creche facilities in slums and  JJ clusters under Integrated Child Development Scheme.

16.3    Construction of new Old Age Homes is proposed to be started in the current year at Kanti Nagar, Chittranjan Park, Rohini, Paschim Vihar and Chattarpur in Phase I.

16.4    Delhi Government has decided to give compensation of  Rs. 1 crore to the family of Defence Personnel, Paramilitary Force Personnel who have sacrificed their lives while on duty and who are residents of Delhi. The same amount of compensation  will also be given for the sacrifice made by Delhi Police, Delhi Home Guards. Delhi Civil Defence Personnel while discharging their duties.

16.5    Government decided to give ex-gratia relief to the farmers at the rate of  Rs. 20000 per acre to compensate the crop damage caused due to unreasonable rain.

16.6    Shramik Vikas Mission has been launched to ensure payment of notified minimum wages, better welfare facilities to the construction workers and their families.

17.1     A new Water Treatment Plant will be set up in Iradatnagar and existing water treatment plants at Chandrawal and Wazirabad  will be rehabilitated to increase the water production to meet the rising demand of the city.

17.2     A new portal "Public Monitoring of Water Tankers" has been launched enabling people for effective, continuous and strict monitoring of water tankers. More than 400 tankers have been fitted with GPS and water sensors and their movement is being monitored continuously through a web based system.

17.3     A new scheme, "Jan Jal  Prabandhan Yojana" will be launched to involve the community in management of water and sewerage services in a decentralized manner.

17.4     A mobile app will be launched for "Self Meter Reading  and Bill Generation”  to provide water and sewer services to citizens in efficient and friendly manner.

18.      To check unauthorized construction in future, GSDL, will provide satellite image data on  a  regular  interval  to  Revenue  Department  with  clearly  marking  any  new encroachment   /  unauthorized construction  for appropriate action  by  authorities concerned.

19.      An Energy Conservation Fund will be created in the current financial year to finance Energy Efficient Projects and Street Lighting etc.

20.1    To improve air quality about 12  lakh saplings will be planted in the current financial year by all concerned Government Agencies.

20.2    To promote eco-friendly transport in NCT of Delhi  owners of newly purchased Battery operated 4 wheelers and 2 wheelers will be given subsidy by Government of Delhi, in addition to subsidy introduced by Govt. of India.

Topics

Acts Income Tax