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
    I-T department officials discuss roadmap for improving services for taxpayers
    India-UK trade agreement to benefit Haryana's industries and services sector: CM Saini
    FM asks banks to keep pace with youth expectation; calls for outreach campaign from Oct 2
    CCI approves acquisition of certain equity shareholding in Bharti Life Insurance Company by Prudential Corporation Holdings
    Suspicious foreign remittances under I-T department scanner
    Delhi tightens rules for ration shops, makes big stock discrepancies an FIR offence
    Regional Rural Banks (RRBs) Record Strong Growth in Credit Delivery during FY 2025–26
    METSTO Delivers Adjustable Pallet Racking System Solutions for Warehouses
    China rolls out new measures to boost consumption in counties, smaller cities
    Strengthening Collaboration to Preserve Sovereignty: Collaborative Cash Ecosystems - Global Strategies to Preserve Trust and Sovereignty - Keynote Add...
    SC asks CBI to examine all six allegations of dubious transactions involving Indiabulls
    Cyber fraudsters invent 'boss' scam to target companies; Ahmedabad cops bust international network
    Personal Loan Prepayment Charges: What RBI Rules Say in 2026
    Zeeba Revamps Packaging and Announces Chef Vikas Khanna as Its Global Brand Ambassador
    Paul Merchants Finance Launches Loan Against Silver, Becomes India’s First NBFC to Set Up Exclusive Silver Loan Branches
    CarePass Launches This Independence Day, Bringing Healthcare Savings Across India's Top and Premium Hospitals
    Keralam CM flags off containers from Vizhinjam, marking start of EXIM operations
    Kerala: Fresh ED raids in CMRL-Exalogic Solutions case
    ED raids KPSC office, ex-chairman in veterinary officers hiring 'scam' case
    Keralam CM reviews operational preparedness at Vizhinjam port
❯❯
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
August 18, 2026
Show AI Summary
Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
August 18, 2026
Show AI Summary
Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
Show AI Summary
Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
Show AI Summary
Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
Show AI Summary
Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.
August 18, 2026
Show AI Summary
Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
Show AI Summary
Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
August 18, 2026
Show AI Summary
Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
Show AI Summary
Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
Show AI Summary
Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
Show AI Summary
Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
Show AI Summary
Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
Show AI Summary
Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
Show AI Summary
Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
Show AI Summary
Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
Show AI Summary
Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
Show AI Summary
EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
Show AI Summary
Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
Show AI Summary
Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.
August 18, 2026
Show AI Summary
Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Finance Minister Smt. Nirmala Sitharaman confers Presidential Award of Appreciation Certificate to 26 officers and staff of CBIC for “Specially Distinguished Record of Service” at Investiture Ceremony in Lucknow

November 26, 2021

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Finance Minister Smt. Nirmala Sitharaman confers Presidential Award of Appreciation Certificate to 26 officers and staff of CBIC for “Specially Distinguished Record of Service” at Investiture Ceremony in Lucknow

Finance Minister suggests one-time special “Corona Response Award” for outstanding performance of Customs officials in fighting COVID-19 pandemic

 

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated as the Chief Guest of the Investiture Ceremony for conferment of Presidential Award of Appreciation Certificates and Medals for - ‘Specially Distinguished Record of Service’ to the officers and staff of Central Board of Indirect Taxes & Customs (CBIC) in Lucknow today.

Union Minister of State for Finance Shri Pankaj Chaudhary was the Guest of Honour and Secretary, Department of Revenue, Government of India, Shri Tarun Bajaj; Shri M. Ajit Kumar, Chairman, CBIC; Shri J.B. Mohapatra, Chairman, Central Board of Direct Taxes  (CBDT) along with other senior officers of the Department were present. Presidential Award of Appreciation Certificates was presented to the distinguished officers of the CBIC.

In her address on the occasion, Smt. Sitharaman congratulated the awardees for their meritorious service and appreciated work done by officers of CBIC. The Finance Minister also appreciated Customs Officers for their good work for facilitating quick Customs Clearance during COVID-19 pandemic. In recognition of the outstanding performance of Customs during COVID-19 pandemic, Smt. Sitharaman suggested a one-time special ‘Corona Response Award’, to be announced along with Presidential awardees on 26th January 2022. The Finance Minister emphasized that monthly GST collection has become barometer of economic growth and asserted to maintain sustained GST collection for the upcoming months to remain on faster growth path. Appreciating the efforts of CBIC officers working from home during the COVID-19 pandemic and observing that Group A officers were given laptops, the Finance Minister announced that laptops/ tablets should also be given to all Group-B officers of CBIC as this would improve their performance. In this connection the Finance Minister stated that 9,200 laptops have been sanctioned for Group B officers.

In his address on the occasion, Minister of State for Finance Shri Pankaj Chaudhary said that CBIC has played a vital role in implementation of economic and taxation reforms by way of successful implementation of GST. Shri Chaudhary congratulated awardees and specially their family members without support of whom these officers may not have performed meritoriously.

Congratulated all the awardees, Shri Tarun Bajaj appreciated robust mechanism of selection of awardees for presidential award adopted by CBIC and praised the CBIC officers for fast customs clearances of essential commodities during COVID-19 pandemic.

Earlier, in his welcome address, Shri M. Ajit Kumar welcomed the all dignitaries and congratulated all awardees for their hard work and efforts amidst risk to life and other practical hurdles. Shri Kumar highlighted that CBIC has embraced digital transformation, paying particular attention to automation, and the adoption of collaborative approaches with all stakeholders for improving the service delivery.

Shri J.B. Mohapatra emphasized on association and collaboration of CBDT & CBIC and exhorted on working of the two Boards together tirelessly to uphold economic security of the Nation. Shri Sanjay Kumar Agarwal, Principal DG DGGI, New Delhi, presented the vote of thanks.

Presidential Award of Appreciation Certificate was awarded to 26 officers and staff of CBIC for “Specially Distinguished Record of Service.”

These officers were selected on the basis of their exemplary performance in their respective field of service over the years. The awardees selected this year include officers from all cadres of the Service, who have consistently performed with distinction in their various assignments, including prevention of smuggling, detection of tax evasion, detection of trade based money laundering and foreign exchange violations, besides contributions in tax policy formulation, revenue mobilization, and automation of business processes, and capacity building and training. The following officers received the Presidential commendation.

PRINCIPAL COMMISSIONERS/COMMISSIONERS

  1. Shri C.P.S. Bakshi, Additional Director General, Directorate General of Vigilance (DGoV)(Hqrs), New Delhi.
  2. Shri Gaipuizei Machunlung Kamei, Commissioner, Customs (Prev.), Shillong.

DIRECTORS/ADDITIONAL DIRECTORS/ ADDITIONAL COMMISSIONERS/JOINT COMMISSIONERS

  1. Shri Jandhyala Maruthi Kishore, Joint Commissioner, Central Tax & Customs, Visakhapatnam Zone. 

DEPUTY COMMISSIONERS/ASSISTANT COMMISSIONERS

  1. Shri Ajay Kumar Prasad, Assistant Director, Directorate General of Systems, Chennai Zonal Unit, Chennai.

SUPERINTENDENTS / SENIOR INTELLIGENCE OFFICERS

  1. Shri T.K. Unnikrishnan, Senior Intelligence Officer, Directorate General of Goods & Service Tax Intelligence (DGGI), Mumbai Zonal Unit, Mumbai.
  2. Shri Naresh Bhadrakumar Mankad, Senior Intelligence Officer, Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit, Mumbai.
  3. Shri E L Ganesh Ram Kumar, Senior Intelligence Officer, Directorate General of Goods & Service Tax Intelligence (DGGI), Chennai Zonal Unit, Chennai.
  4. Shri V Balasubramanian, Senior Assistant Director, Serious Fraud Investigation Office (SFIO), Delhi.
  5. Shri Anil Kumar Gunawat, Senior Intelligence Officer, Directorate General of Goods & Service Tax Intelligence (DGGI), Gurugram Zonal Unit, Gurugram.
  6.  Ms. V Sridevi, Superintendent, Office of Principal Chief Commissioner, Central Goods & Services Tax (CGST), Chennai Zone, Chennai.
  7.  Shri Manoj Kumar Shrivastav, Superintendent, Centre of Excellence, National Academy of Customs, Indirect Taxes & Narcotics (NACIN), New Delhi.
  8. Shri R Srinivasan, Senior Intelligence Officer, Directorate of Revenue Intelligence (DRI), Chennai Zonal Unit, Chennai.
  9.  Shri T Suresh Kumar, Senior Intelligence Officer, Directorate of Revenue Intelligence (DRI), Bangalore Zonal Unit, Bangalore.
  10. Shri Narendra Ramkrishnaji Warudkar, Superintendent, Central Goods & Services Tax (CGST), Audit, Mumbai Zone, Mumbai.
  11. Dr. Thalatoty Bullibabu, Senior Intelligence Officer, Directorate General of Goods & Service Tax Intelligence (DGGSTI), Hyderabad Zonal Unit, Hyderabad.
  12.  Shri S Shanmughan, Senior Intelligence Officer, Directorate of Revenue Intelligence (DRI),, Bangalore Zonal Unit, Bangalore.
  13.  Shri Srinivasan Narasimhan Iyengar, Superintendent, Central Goods & Services Tax (CGST), Mumbai Zone, Mumbai.
  14.  Shri Manish Dinkar Joshi, Superintendent, Central Goods & Services Tax (CGST), Mumbai Zone, Mumbai.
  15.  Shri Rakesh Kumar Pal, Superintendent, Central Goods & Services Tax (CGST), Lucknow Zone, Lucknow.
  16.  Shri Sanjay Vishwambhar Kulkarni, Superintendent, Central Goods & Services Tax (CGST), Audit-II, Pune.
  17.  Shri Amalendu Chakraverty, Superintendent, Customs (Prev), Customs Zone, Kolkata.
  18. Shri R S Sridhar, Appraiser, Customs Audit, Chennai Zone, Chennai.

MINISTERIAL OFFICERS

  1.  Ms. Shirly Savio, Senior Private Secretary, Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit, Mumbai.
  2. Shri Satish Kumar, Administrative Officer, Directorate of Revenue Intelligence (DRI), Lucknow Zonal Unit, Lucknow.

DRIVER

  1.  Shri Shivraj Singh, Driver Grade-I, Directorate of Revenue Intelligence (DRI) (Hqrs.), New Delhi.

HEAD HAVALDAR

  1.  Shri Kuldeep Singh, Head Havaldar, Directorate of Revenue Intelligence (DRI)(Hqrs.), New Delhi.

Topics

Acts Income Tax