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
    Zaggle Brings Cricket and Business Together in Hyderabad; Hosts Padma Bhushan Dr. Sunil Gavaskar
    AI may accelerate anti-competitive practices in digital markets: CCI chief
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for India to Emerge as a Global Medical and Healthcare Destination
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Trained Caregivers and Wider Hospital Participation in Heal in India Gateway
    Rupee falls 7 paise to close at 94.50 against US dollar
    India Must Build Resilient, Globally Integrated Healthcare Supply Chains: Commerce and Industry Minister Shri Piyush Goyal at Bharat Health Global Exp...
    Rupee rises 4 paise to 94.39 against US dollar in early trade
    Jantar Mantar student stir, mass struggles could impact Assembly polls: MA Baby
    FDA awaiting response from restaurants at Mumbai Cricket Association premises: Mundhe
    India emerges as key diesel supplier to Europe as Russian, US flows falter
    Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
    Telangana CM urges TCS'' HyperVault to launch its Hyderabad AI data centre by June 2028
    CBI FIR against Subhash Chandra for 'inflating' net worth to secure Rs 980 Cr in loans
    TCS subsidiary HyperVault to invest Rs 70,000 cr to develop Hyderabad AI data centre
    CBI FIR against Subhash Chandra for 'inflation' of net worth to secure nearly Rs 1,000-cr in loans
    Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Nationwide FTA Utilisation Drive to Expand India’s Global Trade Footprint
    Union Minister of Commerce & Industry Shri Piyush Goyal Calls Upon Automotive Industry to Deepen Localisation, Expand Exports and Prepare to Serve Glo...
    GeM and Textiles Committee Sign MoU to Boost Procurement of Recycled and Upcycled Textiles
    India–EU FTA Opens Huge Opportunities for Farmers, MSMEs, Innovators, Startups and Businesses in India and Europe: Commerce and Industry Minister Sh...
    First Batch of Corporate Mitra Course Commences with 2879 Learners registered
❯❯
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 7, 2026
Show AI Summary
AI-driven digital markets require competition scrutiny of autonomous pricing, self-preferencing, discriminatory pricing, tying, and market manipulation.
Artificial intelligence may accelerate anti-competitive conduct in digital markets through self-preferencing, discriminatory pricing, tying and market manipulation. Agentic AI may create particular concerns where it monitors competitors' prices and autonomously responds without direct human intervention. Competition law aims to prevent anti-competitive practices, promote competition, protect consumers and preserve freedom of trade, while allowing legitimate growth and innovation. Market dominance is not objectionable in itself; concern arises from abuse of dominance through exclusionary or exploitative practices.
September 7, 2026
Show AI Summary
Healthcare innovation and supply-chain self-reliance are prioritised through trade access, investment, research collaboration, testing infrastructure, and quality standards.
Healthcare-sector development priorities seek to expand medical devices, diagnostics, digital health, research, and pharmaceutical machinery through exports, import substitution, and services growth. Free trade agreements are presented as supporting preferential market access, services opportunities, and mobility. Sectoral growth is linked to startup incubation, intellectual-property capability, international research collaboration, technology transfer, and joint ventures. Healthcare self-reliance requires indigenous equipment, critical components, resilient supply chains, shared testing and certification infrastructure, and uncompromising quality standards.
September 7, 2026
Show AI Summary
Medical value tourism quality standards prioritise verified hospitals, ethical treatment, transparent pricing, and seamless international patient care.
Medical value tourism is proposed to expand through trained caregivers, transparent treatment packages, ethical hospital practices, seamless reimbursement and cashless-payment systems, telemedicine, and verified hospital participation. International patients are intended to receive care through accredited quality systems, supported by interpreters, global outreach, and coordinated healthcare networks. Expansion beyond metropolitan areas must maintain equivalent high-quality care for domestic and foreign patients without discrimination. Certification systems are expected to remain professionally independent and free from unethical influence.
September 7, 2026
Show AI Summary
Foreign exchange market pressures from rising crude oil and weak domestic equities constrained rupee support from foreign inflows.
Foreign exchange market conditions caused the rupee to depreciate against the US dollar despite support from FCNR dollar inflows and a softer dollar. Rising crude oil prices, weak domestic equities and global headwinds constrained gains. The outlook remained dependent on foreign inflows, dollar movements, crude prices, market sentiment and inflation data, with geopolitical tensions capable of increasing pressure on the currency.
September 7, 2026
Show AI Summary
Healthcare supply-chain resilience requires diversified sourcing, global investment, domestic innovation, and stronger medical-device production supported by enabling infrastructure.
Healthcare supply-chain resilience requires diversified sourcing, restoration of domestic capacity in Active Pharmaceutical Ingredients and Key Starting Materials, and continued imports where necessary through multiple suppliers and geographies. Pharmaceutical industry growth should move beyond generics towards research, development, patented products, new molecules, biosimilars and biotechnology. Regulatory convergence should support clinical trials, patenting and new-product introduction. Government support is contemplated for medical value travel, healthcare infrastructure, bulk drug parks, plug-and-play facilities, medical-device component production and scientific validation of Ayush products.
September 7, 2026
Show AI Summary
Foreign exchange market pressures offset rupee support from FCNR inflows amid higher crude oil and dollar demand.
The rupee gained marginally against the US dollar, supported by FCNR-related dollar inflows and robust liquidity. Elevated Brent crude prices, safe-haven dollar demand and geopolitical tensions constrained this support. Higher oil prices may enlarge India's import bill, increase dollar demand and pressure the rupee, although rising foreign-exchange reserves indicated external-sector strength.
September 6, 2026
Show AI Summary
Census data privacy and electoral integrity concerns emerge alongside calls to repeal insolvency law and protect political dissent.
CPI(M) called for repeal of the Insolvency and Bankruptcy Code, alleging that insolvency processes enabled diversion of public resources. It questioned economic growth figures against agricultural weakness, mining contraction, higher input costs, inflation, unemployment and malnutrition. The party also raised Census data privacy concerns over caste-data collection, potential linkage with government databases, and possible implications for citizenship, electoral rolls and future delimitation.
September 6, 2026
Show AI Summary
Food business licensing: Third-party restaurant operators require their own licences and cannot operate under another entity's registration.
Food Business Operator licensing requires the entity holding a food licence or registration to itself conduct the licensed food business at the specified premises. A third-party operator cannot operate under another entity's licence or registration and must obtain its own licence or registration. Regulatory notices concerning such arrangements may also address hygiene lapses and structural violations, followed by consideration of the operators' responses.
September 6, 2026
Show AI Summary
European diesel supply dependence on alternative refiners grows amid constrained exports, weakening transatlantic flows, and restricted shipping routes.
European diesel supply is becoming increasingly dependent on Indian refining capacity as Russian diesel and gasoil exports remain constrained by export restrictions, refinery disruptions and port outages, while US shipments to Europe have weakened. Alternative supply routes offer limited additional clean-product volumes because reduced tanker crossings and lower ship-to-ship transfers offshore Oman constrain flows through the Strait of Hormuz. Low diesel inventories, seasonal demand and planned refinery maintenance increase exposure to supply disruptions.
September 5, 2026
Show AI Summary
Tariff-driven inflation and elevated borrowing costs constrain growth, while durable deficit reduction may require spending restraint and tax increases.
Persistent inflation, elevated interest rates and rising public debt constrain economic growth policy. Tariffs and oil shortages are identified as contributing to inflationary pressures, while lower interest rates could increase money flows and worsen inflation. Tariffs, tax cuts, artificial intelligence productivity gains and anti-fraud measures are advanced as mechanisms to support growth, investment and domestic employment. Fiscal sustainability, however, cannot be achieved through growth alone where social security and healthcare costs exceed revenue growth; deficit reduction may require slower spending, spending reductions and tax increases.
September 5, 2026
Show AI Summary
AI data centre development receives state support for a high-capacity campus and accelerated commissioning timetable.
HyperVault's proposed artificial-intelligence data-centre campus in Hyderabad is planned on 264 acres, with investment projected at up to Rs 70,000 crore and capacity of up to 1 GW. The campus is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Telangana's Chief Minister sought inauguration by June 2, 2028, while assuring required governmental sanctions and support. The project is estimated to create 7,000 jobs.
September 5, 2026
Show AI Summary
Inflated net-worth certificates allegedly enabled secured lending, triggering fraud, breach-of-trust and asset-stripping allegations after default.
Alleged inflation of net-worth certificates is said to have induced approval and disbursal of two corporate loan facilities aggregating Rs 980 crore, each secured by continuing personal guarantees. The facilities subsequently defaulted. The FIR alleges that materially higher net-worth representations made in 2018 were later contradicted during insolvency proceedings, and attributes the lending to collusion among the guarantor, borrower entities and their officers. Allegations include cheating, creation of false documents, misappropriation and misapplication of loan funds, breach of trust, and asset stripping intended to frustrate recovery.
September 5, 2026
Show AI Summary
AI data centre infrastructure investment enables phased deployment of high-density, liquid-cooled computing capacity using green and water-neutral design.
HyperVault plans to develop an artificial intelligence data-centre campus on 264 acres in Hyderabad, with capacity of up to 1 GW and investment by HyperVault and its partners of up to Rs 70,000 crore. The facility is intended to provide high-density, liquid-cooled computing infrastructure for frontier AI companies and hyperscalers. Development will proceed in phases according to customer demand and technology requirements, incorporating green-energy use and water-neutral design principles.
September 5, 2026
Show AI Summary
Alleged inflation of personal net worth underpins fraud and breach-of-trust accusations over secured corporate lending.
CBI registration of an FIR concerns allegations that inflated personal net-worth certificates were used to secure corporate loan facilities from Life Insurance Corporation Housing Finance Ltd. The lender alleges that the certificates influenced lending decisions, the facilities subsequently defaulted, and later insolvency proceedings disclosed inconsistency between the represented and asserted net-worth figures. Allegations include collusion with borrower entities, false documentation, cheating, misappropriation of loan funds, and breach of lender trust.
September 5, 2026
Show AI Summary
Free trade agreement utilisation requires district-level exporter support, rules-of-origin assistance, standards compliance, and coordinated market-access outreach nationwide.
Free Trade Agreement utilisation is to be advanced through coordinated action by central and state governments, sectoral ministries, Export Promotion Councils, industry associations and local export-support institutions. Preferential treatment is assessed against tariff rates faced by competing countries, while export competitiveness depends on scale, quality, customer trust and timely delivery. The Export Promotion Mission supports export credit, digitised compliance and FTA documentation, including rules-of-origin certification. District-level identification of products, clusters, new exporters and practical constraints, supported by workshops and rapid online facilitation, is intended to deepen market access.
September 5, 2026
Show AI Summary
Automotive localisation and export competitiveness are prioritised through global-standard manufacturing, technology partnerships, sustainable mobility, and government infrastructure support.
Automotive-sector localisation, export expansion and global-standard manufacturing are prioritised to strengthen India's role in global production and trade. Companies are urged to invest in technology, innovation, research and development, use domestic scale for overseas markets, and avoid supplying inferior products domestically. Trade agreements are positioned as channels for market access, technology absorption and exports. Greater indigenisation is encouraged through component localisation, technology collaborations and expanded exports, supported by critical minerals, batteries, indigenous energy sources, research funding, plug-and-play infrastructure and industrial ecosystems.
September 5, 2026
Show AI Summary
Circular textile procurement integrates certification, product categories and seller support to expand government markets for recycled materials.
Memorandum of Understanding for circular textile procurement links certification, standardisation and public-market access for recycled and upcycled products made from textile waste, scrap and second-hand clothes. The Textiles Committee will identify, verify, certify and recognise eligible producers and support specifications, catalogues and capacity building. Government e Marketplace will create dedicated product categories, onboard sellers, facilitate online market linkages, promote products to government buyers, and provide training and handholding to recyclers and upcyclers.
September 5, 2026
Show AI Summary
India-EU Free Trade Agreement promotes tariff reduction, market access, investment resilience, and India-Belgium industrial and skills cooperation.
India-EU Free Trade Agreement is presented as reducing or removing tariffs on more than 95 per cent of Indian and European goods exports while protecting sensitive sectors on both sides. It is intended to expand trade, investment and economic resilience, with the Port of Antwerp-Bruges serving as a major gateway for Indian exports into European markets. India-Belgium cooperation is identified in gems and jewellery, semiconductors, green hydrogen, advanced manufacturing, agriculture and food processing, supported by mutual recognition, workforce mobility, skills development and technology collaboration.
September 5, 2026
Show AI Summary
MSME compliance capacity-building programme launches structured learning and workplace training to develop certified paraprofessional support.
Corporate Mitra Course has commenced to develop trained and certified paraprofessionals capable of providing affordable business and regulatory compliance support to Micro, Small and Medium Enterprises. The 12-month programme includes six months of structured academic learning and six months of on-the-job training in professional firms. Its digital learning system offers recorded lectures, reference materials, assessments and learner-support facilities. The programme aims to strengthen MSME formalisation, ease of doing business, trust, transparency, accountability and orderly growth.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Marine Product Exports During (April – September) 2011-12

December 13, 2011

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Press Information Bureau

Government of India

Ministry of Commerce & Industry

13-December-2011 12:11 IST

As per the provisional figures, the export of marine products from India during April to September 2011 was 312904 tonnes in quantity, worth Rs. 6679.57crore equivalent to US Dollar 1496.34 million. 

Compared to the same period in previous year, the exports recorded a growth of 0.12% in quantity, 19.91% in rupee earning and 23.01% growth in US$ earning as shown below.

Overall Exports during (Apr-SEP) 2011-12 compared to 2010-11

Export details

2011-12

2010-11

Growth %

Quantity Tonnes

312904

312530

0.12

Value Rs.crore

6679.57

5570.71

19.91

$ Million

1496.34

1216.41

23.01

Unit value $/kg.

4.78

3.89

22.87

There is considerable increase in export of Frozen Shrimp.  Increased production of vannamei Shrimp is mainly attributed for this increase. Frozen Fish exports also showed an increase.

India has consolidated its position as a major supplier of frozen shrimp to Japanese market during this period. Our shrimp exports to US market also showed an increasing trend despite its decision to continue with the antidumping duty imposed on frozen shrimp imports from India. Though there was a shortage in supply from other major producers like Thailand and Vietnam, it is noticed that the buyers and customers seems to have confidence in Indian shrimp supply.

Major items of export

Frozen Shrimp continued to be the major export item accounting for 58.41% of the total US $ earnings.  Shrimp exports during the period increased by 19.34%, 32.90% and 36.74% in quantity, rupee value and US$ value respectively. There is a remarkable increase in unit value realization (14.58%) also.

Export of Fr. Shrimp to USA has registered a growth of 47.19% in volume, 53.55% in rupee value and 58.74% in US$ terms. Fr. Shrimp export to Japan also showed an increase of 2.5%, 7.73% and 10.30% in volume, rupee value and US$ value respectively. Export of vannamei Shrimp during the period increased tremendously by 495%, 692% and 721% in quantity, rupee value and US$ value respectively, when compared to the same period last year.

Fish, the second largest export item in value term, accounted for a share of about 28% in quantity and 11.87% in US$ earnings.  Fish exports increased by 5.95%, 14.14%, 16.81% in Quantity, Value and US $ terms.

Fr. Squid and Cuttlefish exports though decreased in quantity, showed an increase in value earnings. Fr. Cuttlefish showed a decline of 6.18% in quantity and showed a growth of 15.25% and 18.49% in rupee value and US$ realization. The unit value realization grew by 26.30%.

Fr. Squid exports showed a decline of 2.36% in quantity and showed a growth of 28.20% and 31.37% in rupee value and US$ realization with a considerable increase in the unit value realization (34.54%).

Dried marine product exports declined by 51.96% in quantity, 61.27% and 60.53% in rupee and US$ value respectively. Similarly Live and Chilled items exports also gone down when compared to same period last year.  The details are given below. 

Export Compilation for April- 2011 to September- 2011 - Item wise Total

Q: Quantity in Tons, V: Value in Rs. Crores, $: USD Million

ITEM

 

Share %

Apr-2011 - Sep-2011

Apr-2010 - Sep-2010

Variation

(%)

 

FROZEN SHRIMP

Q:

29

91361

76554

14808

19.34

 

 

V:

58.38

3899.30

2933.95

965.34

32.90

 

 

$:

58.41

873.93

639.10

234.83

36.74

 

 

 

UV$:

9.57

8.35

1.22

14.58

 

FROZEN FISH

Q:

28

86513

81655

4857

5.95

 

 

V:

11.90

794.89

696.43

98.46

14.14

 

 

$:

11.87

177.63

152.07

25.56

16.81

 

 

 

UV$:

2.05

1.86

0.19

10.25

 

FR CUTTLE FISH

Q:

7

20558

21912

-1354

-6.18

 

 

V:

7.12

475.73

412.76

62.96

15.25

 

 

$:

7.11

106.36

89.76

16.60

18.49

 

 

 

UV$:

5.17

4.10

1.08

26.30

 

FR SQUID

Q:

13

39897

40861

-964

-2.36

 

 

V:

8.77

585.63

456.82

128.81

28.20

 

 

$:

8.76

131.06

99.76

31.29

31.37

 

 

 

UV$:

3.28

2.44

0.84

34.54

 

DRIED ITEM

Q:

5

16135

33585

-17451

-51.96

 

 

V:

2.50

167.28

431.82

-264.53

-61.26

 

 

$:

2.51

37.59

95.23

-57.64

-60.53

 

 

 

UV$:

2.33

2.84

-0.51

-17.83

 

LIVE ITEMS

Q:

1

1775

2650

-874

-32.98

 

 

V:

0.87

58.41

66.57

-8.17

-12.27

 

 

$:

0.87

13.08

14.57

-1.49

-10.24

 

 

 

UV$:

7.37

5.50

1.87

33.98

 

CHILLED ITEMS

Q:

3

8260

13741

-5481

-39.89

 

 

V:

1.35

90.05

106.06

-16.01

-15.10

 

 

$:

1.35

20.23

23.10

-2.87

-12.43

 

 

 

UV$:

2.45

1.68

0.77

45.69

 

OTHERS

Q:

15

48405

41571

6834

16.44

 

 

V:

9.11

608.28

466.29

141.99

30.45

 

 

$:

9.12

136.45

102.81

33.65

32.73

 

 

 

UV$:

2.82

2.47

0.35

13.99

 

TOTAL

Q:

100

312904

312530

375

0.12

 

 

V:

100

6679.57

5570.71

1,108.86

19.91

 

 

$:

100

1496.34

1216.41

279.93

23.01

 

 

 

UV$:

4.78

3.89

0.89

22.87

 

Major markets of export

European Union (EU) continued to be the largest market with a share of 23.82% in US $ realization and 22.62% in quantity. Exports to EU have shown a growth of 9.81% in US$ realization and 6.81% in rupee value However, there is a decline of 5.37% in quantity.

USA regained the second place with a share of 23.30%, followed by South East Asia 20.12%, Japan 15.60%, China 4.98%, Middle East 3.95% and Other Countries 8.23%.

Exports to USA registered a growth of 55.45% in US$ realization and 41.26% in terms of quantity.  Increase in export of Fr. Shrimp, especially vannamei shrimp contributed to the growth. Export to Japan also registered a positive growth of 3.76% in quantity and 8.64% in US$ term.  South East Asian countries had also registered an increase of 21.67% in quantity and 84.21% in US$ realization. Exports to China and Middle East have declined both in terms of quantity and rupee value compared to the same period in previous year. The details are given below. 

Export Compilation for April- 2011 to September- 2011 - Country wise Total

Q: Quantity in Tons, V: Value in Rs. Crore, $: USD Million

Country

 

Share %

Apr-2011 - Sep-2011

Apr-2010 - Sep-2010

Variation

(%)

JAPAN

Q:

12

37766

36399

1367

3.76

 

V:

15.60

1042.08

978.96

63.12

6.45

 

$:

15.60

233.43

214.87

18.56

8.64

USA

Q:

11

35906

25418

10487

41.26

 

V:

23.27

1554.52

1,032.76

521.76

50.52

 

$:

23.30

348.59

224.25

124.34

55.45

EUROPEAN UNION

Q:

23

70793

74810

-4017

-5.37

 

V:

23.80

1590.01

1,488.68

101.32

6.81

 

$:

23.82

356.38

324.54

31.84

9.81

CHINA

Q:

7

21317

39402

-18085

-45.90

 

V:

4.99

333.29

596.86

-263.57

-44.16

 

$:

4.98

74.55

130.68

-56.12

-42.95

SOUTH EAST ASIA

Q:

31

98498

80958

17541

21.67

 

V:

20.16

1346.84

746.74

600.10

80.36

 

$:

20.12

301.11

163.46

137.65

84.21

MIDDLE EAST

Q:

4

13456

16399

-2943

-17.94

 

V:

3.95

263.70

284.72

-21.02

-7.38

 

$:

3.95

59.17

62.13

-2.96

-4.77

OTHERS

Q:

11

35168

39144

-3976

-10.16

 

V:

8.22

549.13

441.99

107.15

24.24

 

$:

8.23

123.11

96.48

26.63

27.60

Total

Q:

100

312904

312530

375

0.12

 

V:

100

6679.57

5,570.71

1,108.86

19.91

 

$:

100

1496.34

1,216.41

279.93

23.01

The weakening of Indian Rupee has helped the Indian seafood exporters to get better realization for their products. The sales to South East Asia and China expected to recover during the second half of the current financial year ahead of the Chinese New Year that falls on 23rd January 2012. With the country reporting good farm produce and better landings, it is assumed that the positive trend is expected to continue with the supplies for Christmas and New Year sales is already in place.

---------------

DS/gk

Topics

Acts Income Tax