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    Assam Cabinet okays funds for land acquisition for Guwahati satellite city
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    Net direct tax kitty grows 23 pc to Rs 8.11 lakh cr on slower refunds, higher non-corp taxes
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    August 11, 2026
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    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
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    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
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    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
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    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
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    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
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    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
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    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
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    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
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    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
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    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
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    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
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    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
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    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
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    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
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    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.

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      TVS Motor Company Showcases Transformational Concepts in Future Mobility at the Bharat Mobilty Global Expo 2025

      January 17, 2025

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      New Delhi, Delhi, India (NewsVoir) • “Designed and made in India, for the world” concepts showcased (1) the world’s first CNG scooter, (2) first android auto powered electric scooter, (3) electric bicycles for urban mobility (4) last mile transportation solutions.

      • Future concepts of the existing product range – TVS RTSx, TVS Vision iQube, TVS - X NFE, TVS Raider Flex, TVS iQube ST 2025 – make their debut.

      TVS Motor Company (TVSM) - a leading global automaker in the two and three-wheeler segment - is showcasing a range of future mobility concepts at the Bharat Mobility Global Expo 2025. These include (1) the world’s first CNG scooter – TVS Jupiter CNG, (2) India’s first android auto powered electric scooter – TVS X (3) made in India electric bicycles, designed as ‘light-electric vehicles’ and (4) electric three-wheeler for public transport. The company has also unveiled future concepts of its existing vehicles and is displaying a range of safety gear, accessory and custom motorcycles including a TVS Ronin that commemorates the Rann Utsav 2025.

      Speaking at the Bharat Mobility Global Expo 2025, Sudarshan Venu, Managing Director, TVS Motor Company, said, "We are excited to showcase concepts that have the potential to deliver impactful solutions and set new standards in personal and commercial mobility. All these made and designed in India, made for the world concepts, are a testimony to India’s innovation and engineering prowess, our progress towards Viksit Bharat. At TVS Motor, we are committed to designing and making in India, for the world. Our exports already exceed USD 1 billion and account for 30% of our volumes. We are poised to take this further. Our vision is to transform the quality of life of our customers and redefine the future of mobility through design, engineering, technology and quality.” Future concepts of existing TVSM vehicles showcased at Bharat Mobility 2025: Unveiling the Future of Electric Mobility: To commemorate the milestone of 500,000 global customers choosing TVS iQube as India's preferred family EV, the company has showcased three innovative future concepts from its existing electric vehicle lineup. These concepts are pioneering electric mobility solutions that redefine convenience, sustainability, and performance.

      • TVS Vision iQUBE Concept: The TVS Vision iQUBE reimagines the iconic iQUBE as a modern luxury scooter designed for the future of urban commuting. With its sleek, geometric proportions, HUD projection, floating HMI, and voice-command interaction, the TVS Vision iQUBE defines ride experiences in the future ecosystem. Adjustable suspension, personalized seat height, and secure storage make it a perfect combination of comfort, style, and functionality.

      • TVS iQube ST 2025 Concept: Unveiled as a future-ready connected electric scooter, the TVS iQube ST 2025 concept takes inspiration from the Northern Lights and sets a new benchmark in smart mobility. It features a customizable touchscreen, geo-fencing, navigation, and a host of rider-centric technologies. With enhanced range, improved practicality, and premium aesthetics, it cements TVS Motor’s leadership in sustainable urban mobility. This innovation stands for technological capability prowess, greatly upgrading the Urban Commute landscape in India seamlessly.

      • TVS X NFE (Nacht Fury Edition) Concept: The Next-Gen TVS X NFE is bestowed with carbon fiber construction for an unrivaled power-to-weight ratio that delivers enhanced performance and an exciting ride experience with gas charged suspension. Its aerodynamic winglets & onboard drone bring futuristic mobility solutions to life through enhance navigation and safety reconnaissance.

      TVS X represents cutting-edge, sleek, and aerodynamic design, aptly described as the “Thrillectric” machine that embodies artful engineering. Marking a milestone in the Indian two-wheeler industry, TVS X will also be the first electric two-wheeler to feature Android Auto integration in partnership with Google.

      • TVS RTSx: Breaking into the Supermoto category, the TVS RTSx delivers unmatched performance with razor-sharp handling for both urban streets and rugged terrain. This Supermoto is built to rule both asphalt and gravel with explosive power and agility to create a perfect symphony of speed and precision Powered by the all-new liquid-cooled “TVS RT-XD4 300” engine, it generates 35PS at 9,000 rpm and 28.5Nm of torque at 7,000 rpm, offering speed, agility, and precision in perfect harmony.

      Future Mobility Concepts showcased at Bharat Mobility 2025: • TVS Concept EB1 – Electric Bicycle: Aimed at transforming urban mobility, the TVS Concept EB1 marks the company’s entry into a new mobility space. It is a “Made in India” product, conceived with a perspective of global design and technology, through which TVS is aiming to redefine the industry. TVS Concept EB1 will be the first product globally to adopt sustainable rare-earth magnet free hub motor, and the first in India to have a secure app-controlled integrated lock. A fully connected electric bicycle with features like adjustable ergonomics, integrated display & telematics, adjustable front suspension and removable integrated battery make it an exciting choice for commuting, leisure and spirited rides.

      • TVS Jupiter CNG - Concept: The world’s first CNG scooter, the TVS Jupiter CNG Concept combines petrol’s convenience with the eco-friendliness and affordability of CNG. Riders can instantly switch between fuels, offering flexibility and cost efficiency at less than Rs. 1 per kilometer. Its bi-fuel technology ensures an extended range of 226 kilometers, catering to the needs of modern commuters while significantly reducing emissions.

      • Electric three-wheeler: The TVS King Electric plus redefines urban mobility with a range of 125 kilometres per charge, quick charging capabilities, and advanced features like TVS SmartXonnect™. This high-performance electric three-wheeler is powered by a 4 pack NMC battery (9.2 KW) giving flexibility to the customer, It offers real-time navigation & vehicle diagnostics. Its spacious cabin and ergonomic seating enhance comfort and functionality, making it an ideal eco-friendly choice.

      • India’s first android auto integrated electric scooter - In partnership with Google, Android Auto debuts on the TVS X, marking a first for the Indian two-wheeler industry. This innovation promises a seamless, safer, and smarter riding experience, featuring wireless pairing, real-time navigation, hands-free communication, and infotainment through Google Assistant. By connecting work and leisure together, TVS X redefines mobility for the modern rider.

      Norton Motorcycles showcase at Bharat Mobility 2025: • TVS Motor Company owned British luxury motorcycle maker Norton Motorcycles is showcasing the Norton V4CR - the most powerful café racer from the UK. This model combines an artistic design with a strong 185 brake horsepower and features hand-crafted precision with modern engineering. TVS Motor is investing in Norton to design, develop, and produce a range of motorcycles for both local and international markets. It is gearing up for a relaunch with an exciting new lineup of motorcycles slated for release in 2026.

      Accessories, merchandise, customised motorcycles, sustainability Merchandise & Accessories – TVSM is showcasing a wide range of merchandise and accessories. The TVS Racing lineup includes helmets, riding gear, hydration backpacks, bluetooth intercoms, and lifestyle products like t-shirts, sweatshirts, caps, and leather jackets. The TVS Racing X Alpinestars collaboration offers exclusive riding gear and lifestyle apparel. Also on display are Hedon helmets, Norton merchandise (t-shirts, sweatshirts, and hoodies), and live demonstrations of bluetooth intercom devices. Completing the showcase are two fully accessorized motorcycles, TVS Ronin and TVS Apache RTR 310, highlighting premium accessory options.

      Custom Motorcycles - Celebrating artistry and innovation, the ‘Rann Utsav’ edition custom motorcycle on the TVS Ronin, showcases the vibrant culture of the Rann of Kutch. It beautifully incorporates Rabari and Ahir Embroidery into its design. This masterpiece highlights the seamless blend of cultural heritage and cutting-edge design. Additionally, three extraordinary custom creations based on the TVS Apache RTR 310 and TVS Ronin, crafted in collaboration with Smoked Garage (Indonesia) and the TVS Motor Factory Team (India), were showcased.

      Sustainability being a core part of its business practices, TVSM is showcasing its community, sustainability and practices, underscoring the company’s commitment to being a safe, sustainable & responsible organisation.

      TVS Racing: With a track-to-road philosophy, TVS Racing continues to push boundaries in motorsport since 1982. As the first Indian OEM to introduce EV and Women’s Racing, and to participate in the Dakar Rally, TVS Racing leads innovation and nurtures talent globally. The showcased bikes include the TVS Apache RTE (Electric OMC bike), TVS Asia One Make Championship RR 310, and TVS Racing 450R Dakar edition, setting new benchmarks in performance and endurance.

      About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

      For more information, please visit www.tvsmotor.com.

      (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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