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
    Sugar prices soar to Rs 70 per kg ahead of festive season in Bengal, jaggery also dearer
    Rupee gains 9 paise to 95.65 against US dollar in early trade
    Union Minister of State for Finance Shri Pankaj Chaudhary participated virtually in 21st Award Ceremony of Security Printing and Minting Corporation o...
    Over 745 gram gold paste seized at IGI; Customs nab carrier, receiver
    Quebec remains cautious on Canada-US trade deal as Ottawa pushes to restore US alcohol
    No cases of foreigners getting Aadhaar, other govt benefits reported during SIR in K'taka: Minister
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31; caps sugar stock for bulk consumers
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31
    DFS Organises Workshop to Strengthen Implementation of Reservation Policy Across Public Financial Institutions
    DPIIT Signs MoUs with PhonePe and Shell India to Strengthen Startup Ecosystem and Drive Innovation
    Union Minister of Commerce and Industry Shri Piyush Goyal Strengthens India-Singapore Economic Partnership through High-Level Bilateral and Business E...
    A Vision for Responsible AI, Resilient Banking - Keynote Address [Contributions by RBI colleagues Ms. Chandni Trehan Saluja and Ms. Kavita Gangwal, De...
    Razorpay Launches Multi-Currency Account, Helping Exporters Retain International Earnings in Foreign Currencies
    DB HiTek to Make Debut at electronica India 2026, Targeting Growth in Indian Market
    BJP demands Vijayan’s resignation from Keralam LoP post over ED findings in CMRL case
    Pakistan seeks USD 10 bn US facility to bolster forex stability
    DRI busts a wildlife trafficking syndicate involved in illicit trade of ivory artefacts
    Japan reports record exports, imports for July as energy costs climb
    Five held in UP's Bareilly for alleged fake Ayushman cards racket
    MSMEs are the true builders of India’s economic resilience: LG Sinha
❯❯
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 21, 2026
Show AI Summary
Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
Show AI Summary
Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
Show AI Summary
Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
Show AI Summary
Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
Show AI Summary
Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
Show AI Summary
Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
Show AI Summary
Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
Show AI Summary
Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
Show AI Summary
Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
Show AI Summary
Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
August 20, 2026
Show AI Summary
India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
Show AI Summary
Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
Show AI Summary
Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
Show AI Summary
Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
Show AI Summary
Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
Show AI Summary
Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
Show AI Summary
Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
Show AI Summary
Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
Show AI Summary
Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
Show AI Summary
MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Text of the Union Finance Minister Pranab Mukherjee's Address at University of Chicago on Establishment of the Swami Vivekanand Chair.

January 30, 2012

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Press Information Bureau

Government of India

Ministry of Finance

29-January-2012 19:58 IST

Text of the Union Finance Minister Pranab Mukherjee's Address at University of Chicago on Establishment of the Swami Vivekanand Chair

I feel honoured to be present here at this world famous University of Chicago, to mark the beginning of very fruitful chapter in our cooperation.  We have just witnessed the signing of a MoU for setting up of the Indian Ministry of Culture Swami Vivekananda Chair that will establish a visiting professorship in the field of Indian studies. It was the decision of our National Committee headed by the Prime Minister to commemorate the 150th Birth Anniversary of one of India’s greatest souls, Swami Vivekananda, at the city of Chicago, where he delivered his stirring address in 1893.  The National Implementation Committee, that I chair, took up several options and decided unanimously that the proposal of the University of Chicago, that has the distinction of being one of the great centres of learning, would be the most befitting to enshrine the universal values that Swami Vivekananda professed.

2.         Swami Vivekananda came to Chicago in 1893 to attend the World Parliament of Religions as a representative of Hinduism and India, and it is here that he quoted from the ‘Bhagvad Gita’:  “Whosoever comes to Me, through whatsoever form, I reach him; all men are struggling through paths which in the end lead to Me. Sectarianism, bigotry, and it’s horrible descendant, fanaticism, have long possessed this beautiful earth. They have filled the earth with violence, drenched it often and often with human blood, destroyed civilization, and sent whole nations to despair.” This universal message is time-invariant; it is as relevant today as it was over 100 years ago.

3.         The terror that was let loose on 11th September, 2001 on the soil of this nation has only served to tragically underline these words spoken by Swami Vivekananda also on 11th September in 1893, in this very city of Chicago.   It is relevant to note that  Vivekananda had also said, “…I fervently hope that the bell that has tolled this morning in honour of the Convention may be the death-knell of all fanaticism, of all persecutions with the sword or the pen, and of all uncharitable feeling between persons wending their way to the same goal.”

4.         His goal was to help each individual to grow, to manifest her inner potential, according to her own line of development. As Swamiji put it: “All the men and women in any society are not of the same mind, capacity, or of the same power to do things; they must have different ideals, and we have no right to sneer any ideal.”

5.         Swami Vivekananda came to these shores with the message of the unity of all humanity  : “If you go below the surface, you find that Unity between man and man, between races and races, high and low, rich and poor, gods and men, and men and animals. If you go deep enough, all will be seen as only variations of the One; and he who has attained to this conception of Oneness has no more delusion.”

6.         Swami Vivekananda made a powerful impact upon the American psyche in the last decade of the nineteenth century. He conversed with eminent philosophers, scientists, inventors, entrepreneurs, priests and thousands of ordinary people, men and women from all walks of life and all strata of society.  All the time he was both teaching and learning.    The great interest in the spiritual traditions of the East that we see in the West today is in substantive measures directly attributable to Swami Vivekananda. Teachers of the rich and varied spiritual schools of Hinduism and Buddhism who came and taught in America over the past hundred years have only followed in the footsteps of the pioneer, Vivekananda.

7.         He was intensely pained at the caste discrimination prevalent in India and was all sympathy for the poor and suffering of all nations, castes and creeds. He held the neglect of the masses and the subjugation of women to be the two causes of India’s downfall. He said to his disciple, Sister Nivedita, “Never forget it, the word is, women and the people.”

8.         Christopher Isherwood held Vivekananda to be “…one of the very greatest historical figures that India has ever produced…Vivekananda looked toward the West, not simply as a mass of tyrants exploiting various parts of Asia…but as future partners, people who had very, very much to offer.”

9.         Swami Vivekananda loved America and Americans in particular. On 19th September, 1893, he concluded his paper on Hinduism with a stirring tribute to America: “Hail Columbia, motherland of liberty! It has been given to thee, who never dipped her hand in her neighbor’s blood, who never found out that the shortest way of becoming rich was by robbing one’s neighbours, it has been given to thee to march at the vanguard of civilization with the flag of harmony.”

10.       Swami Vivekananda did not live to see forty. Barely ten years after he spoke in Chicago, he was gone - in 1902, on the fourth of July, the Independence Day of a nation he had come to love. He passed away in the monastery in Belur, near Kolkata, on the bank of the river Ganga. He appeared like a blazing comet across the sky of our life, full of brilliance and hope for all humanity. He promised to remain ‘a voice without a form inspiring men everywhere’ and for all times to come. Let us all listen to his voice till we too become dwellers in the realm of light that was his vision.

11.       The Indian Government is extremely happy in giving an endowment of US$ 1.5 million to the University of Chicago, for establishing the Swami Vivekananda Chair.   The activities that would be undertaken under this Chair would focus on Vivekananda, through lectures, seminars and suitable related academic activities on Indian Culture and Indian Studies.

12.       The Swami Vivekananda Chair will be held by each scholar for a period of two years.  The University of Chicago will also facilitate exchange of research scholars from and to India between both the parties i.e. the University of Chicago and the Government of India.

13.       We sincerely hope that this Vivekananda Chair will promote an ongoing study of the cultures and way of life of the peoples of these two great democracies, so that our two countries understand each other better and come closer together. This permanent endowment will help spread the message of harmony of religions, understanding between nations and the spiritual oneness of humanity, which Swami Vivekananda worked for.

14.       Before I conclude I would like to thank Dean Martha Roth for facilitating the setting up this Chair in the honour of a great son of India and his world vision. I would also like to thank Dr. Robert Zimmer, President of University of Chicago for his leadership and vision in taking this step to strengthen this historical relationship with India. And finally to the Indian community in Chicago who have contributed to sustain the goodwill between our two nations.

Thank you

The Chicago University’s  Vivekananda Chair:

Earler, an Agreement for creation of “The Indian Ministry of Culture Vivekananda Chair” was signed betwween Ministry of Culture, Government of India and University of Chicago in the presence of the Union Finance  Minister Shri Mukherjee in Chicago today during his Chicago visit.  The salient features of this Agreement are:-

•          In consideration of a grant of US$ 1.5 million for creation of an endowment, the University of Chicago will establish “The Indian Ministry of Culture Vivekananda Chair” to honour the life & legacy of Swami Vivekananda by promoting fields of study most relevant to his teachings.

•          The University of Chicago will identify and send to Government of India dossiers of two or three candidates who possess a demonstrated record of scholarly excellence and whose work epitomizes the legacy of Swami Vivekananda.

•          The University of Chicago will take into an account the feedback from the Government of India before making its final selection from the pool of selected candidates.

•          The Swami Vivekananda Chair will be held by each scholar ideally for a period of 2 years.

•          The Chair who will be filled a senior scholar of significant academic distinction in a field of study promoted by Swami Vivekananda. He/she will remain in residence for one or more quarters of the academic year to teach, conduct research, and engage with the intellectual community of the University.

•          Each year, the holder of the Swami Vivekananda Chair will also make a public Presentation on a topic that exemplifies, honours, and promotes the legacy of Swami Vivekananda.

The said Presentation will be scheduled and organized in coordination with the office of Consul General of India at Chicago.  Each such event will be a public celebration of the partnership between the University of Chicago and the Government of India and an enduring commemoration of Swami Vivekananda’s indelible mark on the City of Chicago.

•          University of Chicago will give wide publicity to the establishment of the said “The Indian Ministry of Culture Vivekananda Chair” as part of commemoration of 150th birth anniversary of Swami Vivekananda and such publicity will also be displayed prominently in the University.    The University will display the title of the Chair in all appropriate materials, print and electronic media wherever such Chairs are promoted and publicized.

•          All the expenses connected with the creation and operation of the Chair like salary, cost of travel, accommodation, annual presentation etc. will be met from the interest income generated from the endowment grant of US$ 1.5 million.  The University of Chicago will be responsible for maintaining separate accounts for the principal account, expenditure and income.

•          The University of Chicago will also facilitate exchange of research scholars from/ to India between both the parties i.e. University of Chicago and Government of India.                                        

******

DSM

Topics

Acts Income Tax