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
    India-New Zealand FTA to Enter into Force from 20 October 2026
    Bengaluru customs arrest passengers for smuggling ganja, gold at airport
    Third-country goods routed via New Zealand into India won't get FTA duty benefits
    Govt urges bank employees to refrain from strikes, resolve issues through dialogue
    Ex-Punjab DIG Bhullar case: ED arrests 'middleman' Kirshanu Sharda for corruption
    RBI revises foreign currency deposit inflows under FCNR(B) upward to USD 133 bn
    CBI arrests 'absconding' IRS officer in Rs 40-lakh bribery case
    Haryana plans Rs 2,295-crore rural infra push
    IPL betting syndicate: ED arrests 'principal bookie' in Guwahati money-laundering case
    ED chargesheets EaseMyTrip promoter Nishant Pitti in Mahadev betting app case
    “Sources and Methods for Compilation of National Accounts Statistics”
    Nearly 5 lakh Nagaland voters to receive notices over SIR mapping discrepancies
    India, Canada to hold next round of talks from Oct 5 for proposed trade pact: Goyal
    India's Semiconductor Market Projected to Grow Threefold to USD 200 billion by 2035: EY-IESA Report
    VKDL NPA Advisory Council Chairman V. K. Dubey Felicitated by Uttar Pradesh Women Commission Chairperson Babita Singh Chauhan
    Rupee rises 15 paise to close at 95.81 against US dollar
    Xi to visit US from Sept 23 to 25 for talks with Trump; China calls it ‘milestone of historic significance’
    Supporting PM Modi's call, IIFL Finance's Mayank Sharma believes recycling household gold is the fastest way to cut import bill
    How will tribunals function if no infrastructure? SC directs Centre to identify amenities required
    India-New Zealand trade pact to come into force on Oct 20: Goyal
❮
❯
❯❯
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
September 22, 2026
Show AI Summary
Tariff liberalisation under the India-New Zealand FTA grants Indian exports duty-free access while protecting sensitive agricultural products.
From 20 October 2026, the India-New Zealand Free Trade Agreement applies duty-free treatment to all tariff lines covering Indian exports to New Zealand, while preserving exclusions for sensitive Indian agricultural products. Market access for New Zealand apples, kiwifruit, and Manuka honey remains subject to tariff rate quotas, minimum import prices, seasonal windows, and safeguards. Services commitments, mobility routes, investment facilitation, agricultural cooperation, and recognition of specified international inspection approvals form further components.
September 21, 2026
Show AI Summary
Airport smuggling enforcement targets concealed ganja and gold, leading to passenger interceptions and arrests under customs law.
Customs enforcement at Bengaluru airport involved interception and arrest of passengers allegedly attempting to smuggle hydroponic ganja and gold by concealing the goods in cabin baggage, other baggage, undergarments, or on the body. Cases involved arrivals from Vietnam, Bangkok, Kuala Lumpur, and Abu Dhabi. The Abu Dhabi gold-ornament case involved an arrest under the Customs Act.
September 21, 2026
Show AI Summary
Rules of origin prevent third-country transshipment from receiving preferential tariffs under bilateral trade arrangements between partner economies.
India-New Zealand free trade preferences apply only to goods satisfying Rules of Origin. Third-country goods routed through New Zealand cannot receive preferential Indian tariff treatment, as bilateral cumulation is confined to originating materials and goods of India and New Zealand. Sensitive sectors receive no duty concessions, while a bilateral safeguard mechanism addresses sudden import surges after duty elimination or reduction. Temporary Employment Entry, student mobility commitments, post-study work opportunities, and exemption from directly funded social-security contributions for temporary Indian residents form part of the services framework.
September 21, 2026
Show AI Summary
Banking service continuity is prioritised through dialogue as employee welfare measures and wage negotiations address outstanding demands.
Banking-sector industrial relations are addressed through an appeal to bank employees to avoid strike action and pursue outstanding demands through dialogue, in order to keep banking services uninterrupted. Most union concerns are considered substantially addressed, while a remaining demand continues to be examined. The demand for withdrawal of the Performance Linked Incentive scheme had been addressed by placing that scheme in abeyance following detailed discussions. Employee welfare measures, wage revisions, and negotiations for the forthcoming Bipartite Settlement are intended to support workforce welfare and banking-sector efficiency.
September 21, 2026
Show AI Summary
Money-laundering investigation addresses alleged use of a middleman to demand, receive, move and conceal corruption proceeds.
Money-laundering proceedings were initiated from corruption FIRs alleging that a middleman was used to demand and receive illegal gratification. Investigation concerns the alleged facilitation of receipt and movement of funds, supported by searches yielding cash seizure and freezing of financial accounts. Financial records and digital devices allegedly indicated unexplained deposits, investments, transactions involving the officer, and possible involvement of other public servants. The inquiry is tracing alleged proceeds of crime and the role of associated persons and entities.
September 21, 2026
Show AI Summary
FCNR(B) foreign-currency deposits use a swap facility to mobilise non-resident funds without direct rupee exchange-rate risk.
RBI's special USD-INR foreign-exchange swap facility mobilised foreign-currency inflows through FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. The FCNR(B) deposit window closed on 31 August 2026 after its mobilisation objective was achieved, while the facility remained available for the other two channels until 31 December 2026. FCNR(B) collections were revised upward to approximately USD 133 billion. Such deposits are fixed-term foreign-currency deposits with principal and interest repayable in the same currency, avoiding direct rupee exchange-rate risk for non-resident depositors.
September 21, 2026
Show AI Summary
GST bribery investigation concerns alleged illegal gratification sought to resolve quarry firm's tax and royalty proceedings.
GST-related corruption allegations concern an alleged demand for illegal gratification from a stone-quarrying firm to resolve GST and royalty proceedings. A Customs House Agent was apprehended in a trap operation while allegedly accepting the negotiated amount on behalf of a CGST Superintendent and an Additional Commissioner. Custody proceedings involved written communication of arrest grounds and intimation to relevant family members and advocates.
September 21, 2026
Show AI Summary
Rural infrastructure financing supports irrigation, roads, water supply, warehousing and micro-irrigation through structured lending and implementation oversight.
Haryana's 2026-27 rural infrastructure financing plan comprises six proposals for irrigation, roads, drinking-water supply and warehousing, with loan assistance proposed under the Rural Infrastructure Development Fund. Infrastructure Development Assistance has been sanctioned for the India International Horticulture Market, while further micro-irrigation proposals have been recommended under the Micro Irrigation Fund. Implementation oversight emphasises faster project execution and timely drawal claims, alongside borrowing approval and prospective support for water security, groundwater recharge, efficient irrigation and treated-wastewater reuse.
September 21, 2026
Show AI Summary
Money laundering allegations in illegal cricket betting prompted investigative custody and examination of suspected routing of betting proceeds.
Money-laundering investigation into an organised illegal cricket-betting syndicate concerns the alleged use of online platforms, encrypted messaging channels, and a principal bookie to solicit, accept, and settle bets. Betting-derived funds were allegedly routed through a partnership firm represented as non-operational, whose account recorded substantial corresponding credits and debits. Property and vehicle records, digital data, and statements under the PMLA are relied upon to allege the acquisition, possession, use, transfer, and projection of proceeds of crime as untainted property.
September 21, 2026
Show AI Summary
Money laundering allegations concern foreign portfolio investments, alleged share-price manipulation, attachment, and proposed confiscation of betting proceeds.
PMLA proceedings name Nishant Pitti in relation to allegations that proceeds from illegal online betting were introduced into Indian equity markets as foreign portfolio investments. The allegations attribute to him a role in facilitating and layering such proceeds through pre-arranged share-price manipulation involving Easy Trip Planners Ltd. Property action includes provisional attachment of his DEMAT shares, described as proceeds of crime, and a request for confiscation.
September 21, 2026
Show AI Summary
National accounts modernisation adopts updated data sources, revised sector methods, and proportional Denton benchmarking for improved GDP estimates.
National Accounts Statistics in the new series use base year 2022-23, replacing the 2011-12 series. The series was updated to reflect changes flowing from the new Producer Price Index and Index of Industrial Production series. Methodological modernization expands corporate and financial-sector data coverage, refines general-government treatment, and adopts direct household-sector estimation from the Annual Survey of Unincorporated Sector Enterprises and the Periodic Labour Force Survey. Private Final Consumption Expenditure adopts COICOP 2018, while Quarterly National Accounts use the Proportional Denton approach and greater Goods and Services Tax and administrative-data use.
September 21, 2026
Show AI Summary
Electoral roll verification requires unmapped voters to establish linkage or submit prescribed documents before final enrolment.
Special Intensive Revision of Nagaland's electoral roll applies a mapping and verification process by reference to the 2005 electoral roll. Electors recorded under no-mapping or mapping-anomaly categories, including persons unable to establish linkage to an elector in the 2005 roll, are to receive notices from Electoral Registration Officers or Assistant Electoral Registration Officers. They must furnish prescribed supporting documents, calibrated to their date or year of birth, for verification. Non-registration in the 2005 roll does not itself cause automatic exclusion.
September 21, 2026
Show AI Summary
Trade pact negotiations and Russian energy tariffs shape market-access commitments and potential import-duty exposure for exporters.
India and Canada have accelerated negotiations for a Comprehensive Economic Partnership Agreement to establish a bilateral trade framework for goods and services. A United States law concerning sanctions on Russia and Iran authorises tariffs of up to 100 per cent on imports from leading purchasers of Russian crude oil or natural gas, creating potential tariff exposure for Indian exports. The India-European Union trade pact contemplates immediate duty elimination on 90 per cent of Indian goods and phased elimination on a further three per cent over seven years, subject to ratification.
September 21, 2026
Show AI Summary
Semiconductor ecosystem policy requires predictable regulation, integrated clusters, and coordinated support to convert domestic demand into local value creation.
Semiconductor ecosystem development in India is centred on converting expanding domestic demand into local manufacturing, innovation and supply-chain resilience. A predictable fiscal and regulatory environment, alignment of central and state semiconductor policies, integrated manufacturing clusters and talent-certification programmes are important to project viability and commercialisation. Advanced packaging, compound semiconductors, photonics and chip-to-system integration offer high-potential areas, requiring policy certainty, streamlined approvals and long-term support for research, talent and supplier development.
September 21, 2026
Show AI Summary
Legal and NPA advisory services receive recognition for social welfare, women's employment, legal awareness, and financial dispute-resolution work.
Felicitation of Advocate V. K. Dubey recognised his stated work in women's employment, public welfare, banking, NPA resolution, legal awareness, and social service. His profile encompasses civil, criminal, non-performing asset, banking, corporate, and settlement matters; leadership of bodies engaged in financial-dispute resolution; and legal assistance and public awareness intended to improve access to justice for marginalised persons. Associated initiatives include education and support for disadvantaged communities and wider social empowerment.
September 21, 2026
Show AI Summary
Rupee appreciation reflected lower crude oil prices, stronger domestic equities, and improved risk sentiment amid diplomatic expectations.
Rupee appreciation against the US dollar followed lower crude oil prices, improved global risk sentiment, positive domestic equity markets, and softer US Treasury yields. Dollar index strength, geopolitical developments, and possible increases in oil supplies remained relevant to currency movements. Market commentary anticipated a slight positive rupee bias if crude oil prices continued to ease, while renewed geopolitical tensions could weaken risk sentiment. Net foreign institutional investment and a decline in foreign exchange reserves also formed part of the market context.
September 21, 2026
Show AI Summary
Reciprocal tariffs and AI incident notifications frame bilateral talks on trade, security, technology and arms sales.
US sanctions legislation authorises the President to impose tariffs, including up to 100 per cent, on countries purchasing Russian oil and gas. China rejects tariffs directed at its Russian energy purchases and opposes unilateral sanctions and long-arm jurisdiction absent an international-law basis or a UN Security Council mandate. Washington and Beijing are also negotiating a reciprocal tariff-reduction framework covering products from both sides.
September 21, 2026
Show AI Summary
Gold recycling and financialisation can reduce import dependence by mobilising household holdings through exchange, credit and non-physical investment.
Organised gold recycling, responsible sourcing, gold loans and financialised gold products are identified as ways to reduce reliance on fresh gold imports. Exchanging old jewellery can meet retail demand from existing domestic holdings, while gold loans unlock credit without requiring households to sell their gold. Gold ETFs and digital gold permit exposure to gold's value without physical possession and may reduce physical import demand. Transparency, trust and supporting infrastructure are necessary to integrate household gold into an organised formal economy.
September 21, 2026
Show AI Summary
Tribunal infrastructure and member vacancies: amenities assessment and bench-level data collection address reduced sittings across company-law benches.
The Supreme Court required the Central Government urgently to identify, in consultation with the Tribunal President, infrastructural amenities needed by tribunal benches. The Principal Bench Bar Association was required to compile tabulated infrastructure data for every regional bench. At least 18 benches were asserted to conduct half-day sittings because of member shortages, against a sanctioned complement that remained unchanged despite expanded insolvency jurisdiction.
September 21, 2026
Show AI Summary
Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

News and Press Release

Price Movement of Selected Sub-Groups/Groups of Consumer Price Index on Base 2012=100 for Rural, Urban and Combined for the month of April 2020

May 12, 2020

Contents
Summary
Note

Note

-

Bookmark

Print

Print

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation is releasing Price Movement of selected Sub-Groups/Groups of Consumer Price Index (CPI) on Base 2012=100 for Rural, Urban, Combined for the month of April 2020 (Provisional) and CPI (Final) for the month of March 2020 in this press note. The corresponding Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released.

2.   The Price data are usually collected from selected 1114 urban markets and selected 1181 villages through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. In view of the preventive measures and announcement of nation-wide lockdown by the Government to contain spread of COVID-19 pandemic, the price collection of Consumer Price Index (CPI) through personal visits of price collectors was suspended with effect from 19th March, 2020. In the month of April, 2020, price data was largely collected by telephonic enquiry from the designated outlets. This was supplemented by information collected during the personal purchase of field staff for the items being transacted from neighborhood outlets keeping in view the travel advisories. The whole exercise was carried out by well experienced and professional staff of FOD, NSO stationed at about 200 locations across the country. NSO accordingly collected prices from 674 urban markets and 524 villages, for commodities which were available and being transacted during the lockdown period.

3.   In view of the limited transactions of products in the market in the month of April, 2020, it has been decided to release the Price Movement of Sub-groups/Groups of CPI, following the principles of adequacy. The Price Movement of these Sub-groups/Groups of CPI were worked out with following criteria:

i)    The price of only those items were included which have been reported from at least 25% of markets, separately for Rural & Urban sector and constituted more than 70% weight of the respective Sub-groups/Groups.

ii)  The all India indices have been compiled using Direct Approach by considering a common market at the national level in both Rural & Urban sectors separately.

4.   Accordingly, the Price Movement for the sub-groups ‘Meat and fish’ and ‘Prepared meals, snacks, sweets etc.’ under ‘Food & Beverages’ Group as well as the Groups ‘Pan, tobacco and intoxicants’ Group, ‘Clothing and Footwear Group’ were not compiled. Under ‘Miscellaneous’ Group, only the index for ‘Health’ subgroup has been compiled for the month of April, 2020. The General CPI and indices at State/UT level are not being released for the month of April, 2020.

5.   The Price Movement of all sub-groups under ‘Food & Beverages Group’ (except sub-groups ‘Meat and fish’, ‘Prepared meals, snacks, sweets etc.’), ‘Housing Group’, ‘Fuel & Light Group’ and ‘Health Sub-group’ under ‘Miscellaneous Group’, CFPI (excluding Meat and Fish subgroup) of CPI at All India level, separately for Rural, Urban & Combined sector are being released at Annex-I.

6.   All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e., March 2020 over March 2019), based on General Indices and CFPIs are given as follows:

All India Inflation rates (%) based on CPI (General) and CFPI

Indices

Mar. 2020 (Final)

Mar. 2019

Rural

Urban

Combd.

Rural

Urban

Combd.

CPI (General)

6.09

5.59

5.84

1.80

4.10

2.86

CFPI

8.88

8.59

8.76

-1.46

3.47

0.30

 Notes: Combd. - Combined

7.   Price data are received through web portal, maintained by the National Informatics Centre.

Next date of release is scheduled for 12th June, 2020 (Friday) for May 2020.

***

Annex I

Price Movement of Sub-Groups/Groups of All India CPI for the month of March, 2020 (Final) and April, 2020 (Provisional)

(Base: 2012=100)

Group Code

Sub-group Code

Description

Rural

Urban

Combined

Weights

Mar. 20 Index
(Final)

Apr. 20 Index
(Prov.)

Weights

Mar. 20 Index
(Final)

Apr. 20 Index
(Prov.)

Weights

Mar. 20 Index
(Final)

Apr. 20 Index
(Prov.)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

 

1.1.01

Cereals and products

12.35

144.4

147.2

6.59

146.5

151.8

9.67

145.1

148.7

 

1.1.02

Meat and fish

4.38

166.8

-

2.73

167.5

-

3.61

167.0

-

 

1.1.03

Egg

0.49

147.6

146.9

0.36

148.9

151.9

0.43

148.1

148.8

 

1.1.04

Milk and products

7.72

151.7

155.6

5.33

151.1

155.5

6.61

151.5

155.6

 

1.1.05

Oils and fats

4.21

133.3

137.1

2.81

127.5

131.6

3.56

131.2

135.1

 

1.1.06

Fruits

2.88

141.8

147.3

2.90

143.3

152.9

2.89

142.5

149.9

 

1.1.07

Vegetables

7.46

152.3

162.7

4.41

167.0

180.0

6.04

157.3

168.6

 

1.1.08

Pulses and products

2.95

141.8

150.2

1.73

139.7

150.8

2.38

141.1

150.4

 

1.1.09

Sugar and Confectionery

1.70

112.6

119.8

0.97

114.4

121.2

1.36

113.2

120.3

 

1.1.10

Spices

3.11

154.0

158.7

1.79

151.5

154.0

2.50

153.2

157.1

 

1.2.11

Non-alcoholic beverages

1.37

140.1

139.2

1.13

131.9

133.5

1.26

136.7

136.8

 

1.1.12

Prepared meals, snacks, sweets etc.

5.56

160.0

-

5.54

159.1

-

5.55

159.6

-

1

 

Food and beverages&

54.18

148.2

150.1

36.29

150.1

153.5

45.86

148.9

151.4

2

 

Pan, tobacco and intoxicants

3.26

170.5

-

1.36

173.3

-

2.38

171.2

-

 

3.1.01

Clothing

6.32

153.4

-

4.72

147.7

-

5.58

151.2

-

 

3.1.02

Footwear

1.04

147.6

-

0.85

133.8

-

0.95

141.9

-

3

 

Clothing and footwear

7.36

152.5

-

5.57

145.6

-

6.53

149.8

-

4

 

Housing

#

#

#

21.67

154.5

155.6

10.07

154.5

155.6

5

 

Fuel and light

7.94

153.4

-

5.58

141.4

137.1

6.84

148.9

-

 

6.1.01

Household goods and services

3.75

151.5

-

3.87

140.8

-

3.80

146.4

-

 

6.1.02

Health

6.83

156.7

154.3

4.81

145.0

144.8

5.89

152.3

150.7

 

6.1.03

Transport and communication

7.60

135.8

-

9.73

124.6

-

8.59

129.9

-

 

6.1.04

Recreation and amusement

1.37

151.2

-

2.04

137.9

-

1.68

143.7

-

 

6.1.05

Education

3.46

161.2

-

5.62

152.5

-

4.46

156.1

-

 

6.1.06

Personal care and effects

4.25

145.1

-

3.47

145.3

-

3.89

145.2

-

6

 

Miscellaneous

27.26

148.6

-

29.53

138.7

-

28.32

143.8

-

General Index (All Groups)

100.00

149.8

-

100.00

147.3

-

100.00

148.6

-

Consumer Food Price Index (CFPI)$

47.25

147.1

150.4

29.62

149.1

154.1

39.06

147.8

151.7

Notes:

1.:  Prov. : Provisional

2. : excluding ‘Meat and fish’ subgroup

3. : CPI (Rural) for Housing is not compiled

4. : CPI not compiled for April 2020

5.:‘Food and beverages’ index compiled excluding sub-groups viz. ‘Meat and fish’ and ‘Prepared meals, snacks, sweets etc.’ by following standard methodology of distributing their weights over remaining sub-groups

Click here to see Data in PDF

 

Topics

Acts Income Tax