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
    Keralam CM reviews operational preparedness at Vizhinjam port
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs 3rd Meeting of Apex Monitoring Authority of NICDIT and reviews the pro...
    NBCC moves SC for RERA exemptions to complete 16 stalled Supertech projects
    DFS Hosts PSB Confluence 2026: Day 1 Deliberations focus on Four themes- Deposit Mobilisation, Banking for Youth, Supporting the Investment Cycle and ...
    Govt to soon announce high-level panel on 'Banking for Viksit Bharat': FM
    Rupee falls 19 paise to close at 95.61 against US dollar
    Govt to soon announce high-level panel on 'Banking for Viksit Bharat'
    Union Minister of Finance and Corporate Affairs interacts with interns from PM Internship Scheme in New Delhi
    DRI uncovers large-scale illegal use of SAFTA agreement in areca imports
    Rupee falls 17 paise to 95.59 against US dollar in early trade
    Colombian president asks Trump to suspend tariffs to help earthquake recovery
    Mission Samudra to be launched alongside Vizhinjam’s EXIM operations
    Europe emerges top destination for India's electric car shipments in Q1
    Govt sets LPG production targets for refiners; Reliance gets largest quota
    PM urges MSMEs to tap opportunities from FTAs
    PM urges farmers to adopt 'chemical-free farming' to tap rising global demand for such food items
    Govt rolls out foreign asset disclosure scheme for small taxpayers
    Need one or two Indian pharma firms to be among global top 5: PM Modi
    Small taxpayers with€™ foreign assets to face 30 pc tax plus penalty; disclosure scheme opens till Dec 31
    PM urges MSMEs to tap opportunities from FTAs
❯❯
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
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.
August 18, 2026
Show AI Summary
Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
National Industrial Corridor Development Programme implementation prioritises timely infrastructure completion, land allotment, investment mobilisation and commencement of manufacturing. PM GatiShakti-aligned planning requires integrated connectivity, utilities and social infrastructure, while States should resolve land, clearance and SPV-power bottlenecks. BHAVYA proposes investment-ready, plug-and-play industrial parks appraised for ready land, credible demand, connectivity, utilities, realistic phasing and early investor attraction. NICDIT routes Government participation and equity support for BHAVYA project SPVs, and NICDC coordinates implementation and monitoring.
August 17, 2026
Show AI Summary
RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
August 17, 2026
Show AI Summary
Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
August 17, 2026
Show AI Summary
Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
August 17, 2026
Show AI Summary
FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
August 17, 2026
Show AI Summary
Banking sector review panel will align future growth with financial stability, inclusion and consumer protection through government recommendations.
High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
August 17, 2026
Show AI Summary
Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
August 17, 2026
Show AI Summary
SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
August 17, 2026
Show AI Summary
FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
August 16, 2026
Show AI Summary
Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
August 16, 2026
Show AI Summary
Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
Show AI Summary
Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
Show AI Summary
LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
Show AI Summary
Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
Show AI Summary
Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
Show AI Summary
Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
Show AI Summary
Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
Show AI Summary
Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
Show AI Summary
Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Centre allocates 145 Crores rupees to Nagaland for the purpose of Unity Mall in Dimapur

June 22, 2023

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Centre allocates 145 Crores rupees to Nagaland for the purpose of Unity Mall in Dimapur

Efforts such as Krishi UDAN scheme, expanding railway connectivity to be undertaken to improve logistics facilities for ODOP products from Nagaland

Organic certification will play major role in insuring better access for Indian products in foreign markets and help gain better prices for farmers: Sumita Dawra, Special Secretary, DPIIT

Department for the Promotion of Industry and Internal Trade  and Invest India in collaboration with the Department of Industries and Commerce, Nagaland, and Press Information Bureau Kohima organized an ODOP Sampark event on the 21st of June 2023 at the Hotel Vivor, Kohima, Nagaland. The event was graced by the Smt. Sumita Dawra, Special Secretary, DPIIT, Govt. of India, Shri R. Ramakrishnan, IAS, Development Commissioner, Govt. of Nagaland and Shri Kekhrievor Kevichusa, Commissioner & Secretary, Industries & Commerce, Govt of Nagaland

The event was organized to create awareness regarding the efforts of DPIIT, Ministry of Commerce and Industry, Govt of India through its two flagship Initiative One District One Product (ODOP) and PM Gati Shakti (Logistics).

Smt. Sumita Dawra, Special Secretary, DPIIT, Govt. of India highlighted the efforts of DPIIT and Invest India in conducting a National Programme for Organic Production (NPOP) Drive in Kohima, Nagaland on 20th June 2023 for Chilli from Nagaland.

  • The workshop was attended by over 30 farmers of Chili from Kohima, Nagaland.
  • The documentation for the organic certification for over 15 chili farmers from Kohima was done during the workshop and the remaining will be completed soon after the verification of their documents.
  • This will play a major role in ensuring better access for Indian products in foreign markets like the EU, Switzerland, etc, and help gain better prices for the farmers.
  • She also highlighted that efforts will be undertaken to improve the logistics facilities for ODOP products from Nagaland like chili, turmeric, kiwi, pineapple, etc, through the Krishi UDAN scheme, expanding railway connectivity, etc.
  • She also noted that the Union Budget 2023-24 has allocated Rs 5000 crore for the construction of Unity Malls across the country. This will function as a one-stop marketplace for ODOP products across the country.
  • It was also highlighted that INR 145 Crores has been allocated for the proposed Unity Mall planned by the State government in Dimapur.
  • The One District One Product Awards have been instituted by DPIIT to acknowledge the extraordinary work done by States/ UTs, Districts, and Indian Missions Abroad, for the economic development of the State and contribute towards the realization of the Hon’ble Prime Minister’s vision of Atmanirbhar Bharat through the ODOP approach.  The Awards will be launched on 25th June 2023 in the Rashtriya Puraskar Portal.

The local officials representing the Department of Industries, Agriculture, Horticulture and APEDA also highlighted the need for an integrated Customs Depo, a dedicated Krishi rail wagon up to Dimapur, and connectivity under the Krishi Udan Scheme for connectivity of organic products.

  • The Special Secretary also assured that these matters will be proactively taken up with all concerned Ministries/Departments under the PM Gati Shakti National Master Plan.

The official from DPIIT Invest also highlighted the efforts  under the ODOP Initiative for the empowerment of Indian products through interventions like Design sensitization workshops, ODOP GeM Bazaar on Government e-Marketplace, ODOP exhibitions, etc.

The event also witnessed an ODOP Exhibition of ODOP products from Nagaland including Chili, fish, coffee, turmeric, etc. It also provided an opportunity for the media to interact with ODOP farmers from Nagaland. The farmers were also able to raise their concerns with the officials for the promotion and empowerment of producers from Nagaland.

  • A review meeting on PM GatiShakti National Master Plan (NMP) under the chairpersonship of Special Secretary (Logistics) with officials of Govt of Nagaland being organized at Kohima on 21st June 2023. The objective of the meeting is to promote wider adoption of PM GatiShakti for holistic planning, bring more vigor and build synergy with all the stakeholders of the PM GatiShakti NMP.
  • The meeting was addressed by Sh Jan e Alam, Chief Secretary, Govt of Nagaland and Ms Sumita Dawra, Special Secretary (Logistics), DPIIT
  • Over 30 officials of Govt of Nagaland comprising the members from Empowered Group of Secretaries (EGoS) and Network Planning Group (NPG) of State attended the meeting.
  • PM GatiShakti is a transformative approach which was launched on October 13th, 2021 by the Hon’ble Prime Minister for planning & building Next Generation Infrastructure in the country, thereby promoting multimodal logistics connectivity to improve both Ease of Living as well as Ease of Doing Business.
  • Special Secretary in her presentation addressed the adoption of PM GatiShakti with a holistic approach and demonstrations of best practices by Ministries and States. Deliberations on requirements for State Master Planning, with special attention on data quality management, area development approach for developing economic centres in the North East, strengthening the North East corridor through adequate multimodal connectivity, Area planning approach for upcoming infrastructure projects, use of technology for improving logistics efficiency were the main highlights of the meeting.
  • Since the launch of PM GatiShakti National Master Plan, the Nagaland State has created requisite framework in terms of Institutional Arrangements/Policy Formulation for alignment with PM GatiShakti framework. Empowered Group of Secretaries (EGoS), Network Planning Group (NPG), and Technical Support Unit (TSU) have been constituted in the State comprising various departments like Power, Roads, Urban Development, Tourism, Transport etc. As on 13th June, 2023 out of 30 mandatory data layers, twenty-two (total/partial) have been integrated in the State Master Plan (SMP) platform. Data layers such has Forest, Eco sensitive zones, Village habitations, Economic areas, Roads, etc have been integrated.
  • As part of Special Assistance Scheme for the States under Part-II for the FY 2022-23, an amount of Rs 28.43 crores was disbursed for the projects mentioned
  • Modern Aggregation Centre at Longnak, Mokokchung District
  • Modern Aggregation Centre at Changtongya, Mokokchung District
  • Integrated warehouse and distribution center at Meluri, Phek District
  • PM GatiShakti Data center at Kohima
  • Modern Aggregation Centre at Pfutsero, Phek District
  • Five projects submitted as part of State Annual Action Plan have been mapped on the SMP. Development of Customised tools important for economic and social infrastructure planning and for decision making is under discussion with BISAG-N

  • To complement the PM GatiShakti NMP, the National Logistics Policy (NLP) was launched to address the components of improving efficiency in logistics services and human resource through streamlining processes, regulatory framework, skill development, mainstreaming logistics in higher education and adoption of suitable technologies. To bring a holistic focus on Logistics at State level, Nagaland State Logistics Policy is under final draft stage with State.
  • The State participated in the Fourth Regional Workshop of PM GatiShakti for North East Regional Workshop which was conducted on 24-25th March 2023 in Guwahati, Assam.
  • State has been regularly participating in zonal review meetings and interacts with DPIIT officials for better coordination on the adoption of PM GatiShakti.
  • The training and capacity building of Govt officers from the State have been done at BISAG-N, Gandhinagar
  • The meeting concluded with the following remarks from Ms Sumita Dawra, Special Secretary, Logistics, DPIIT, Govt. of India requesting the State on the following:

  • Use NMP/SMP for planning all upcoming infrastructure projects.

  • Improve data mapping and authenticity of data on the data layers mapped on SMP.
  • Focus on development of economic centres in the North East through appropriate infrastructure and logistics development.
  • Usage of SMP for Area Development Approach on the identified area
  • Identify critical infrastructure gaps and ensure they are taken up for connectivity projects.
  • Onboarding of social sector departments of the State in PM Gatishakti for Planning of social infrastructure
  • Leverage local remote sensing agencies / space agencies for development of geo-tagged data, under guidance of BISAG-N, Ahmedabad
  • Sensitizing and penetration of PMGS adoption at district level for effective area development planning, to improve both Ease of Doing Business and Ease of Living of citizens.
  • Annexture

    Background on ODOP

    The ODOP initiative is a visionary program aligned with the Hon’ble Prime Minister's vision of fostering inclusive development across all districts of India. The objective is to identify and promote a distinct product from each district, thereby creating a niche identity for them. By focusing on these chosen products, ODOP aims to drive holistic socio-economic growth and improve market accessibility.  Over 1000 products have been selected from all 761 districts of the country. The products are selected by the State Government in consultation with district administration.

    The ODOP initiative covers a wide range of products spanning textiles, agricultural produce, processed goods, pharmaceuticals, and industrial items. The aim is to promote and harness the diverse expertise present in different sectors and communities across the country. 

By identifying and addressing challenges throughout the supply chain, enhancing market reach, and providing dedicated support to producers, ODOP aims to transform districts into prominent market hubs for their chosen products. Through this comprehensive approach, ODOP is set to empower districts, promote entrepreneurship, and contribute to the overall economic growth and prosperity of the nation.

Topics

Acts Income Tax