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
    Rupee rises 8 paise to close at 94.43 against US dollar
    NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far
    Sensex rebounds 362 pts, snaps 4-day losses on strong rally in metal, oil shares
    Forex kitty jumps USD 11.47 bn to fresh all-time high of USD 740.8 bn
    NSE gets Sebi nod for Rs 30,000-cr IPO, one of India's largest public issues
    'Policing the Republic': Book traces history of personal security, from Pharaohs to presidents
    Rupee rises 5 paise to 94.46 against US dollar in early trade
    No sensitivity of India compromised in trade pact with US: Goyal
    About 100 highway plazas used illegal apps to collect toll from vehicles not bearing FASTag stickers: ED
    CBI conducts course on financial crimes for officers from ITEC-member countries
    Delhi workers welfare board blacklists firm for over 20,000 'unauthorised' Aadhaar transactions
    Rupee rises 22 paise to close at 94.51 against US dollar
    Electrifying India's vehicles can cut its import bill by USD 125 billion by 2050: Study
    Loans to go beyond SHGs, women to get access to credit to expand livelihoods: Union minister Chouhan
    MIDC's role not just selling plots, but creation of conducive environment for development: CEO
    Decentro Wins Three Industry Honours for Fintech Infrastructure Innovation and Leadership in 2026
    Marching ahead with Responsibility and Growth - Keynote Address[Contributions by RBI colleague Shri Mohammed Majidullah, General Manager] delivered by...
    CCI directs Trustees’ Association of India, IDBI Trusteeship Services Ltd, Axis Trustee Services and SBI CAP Trustee Company to cease and desist fro...
    The Digital Textile Printer Revolution: How Konica Minolta NASSENGER is Preparing India for the Next Global Textile Opportunity
    Union minister Goyal hails 7.8 pc GDP growth; lauds Modi, takes dig at Oppn
❯❯
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 4, 2026
Show AI Summary
Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.
September 4, 2026
Show AI Summary
Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
Show AI Summary
Forex reserve management reflects rising foreign currency assets and gold holdings, alongside marginal declines in SDRs and IMF reserve position.
India's foreign exchange reserves increased to a fresh all-time high, supported principally by higher foreign currency assets and gold reserves. Reserve accumulation has continued after concessional foreign-exchange swap initiatives introduced amid local-currency depreciation. Foreign currency assets, expressed in United States dollar terms, also reflect valuation effects from movements in currencies such as the euro, pound and yen. Special drawing rights and the reserve position with the International Monetary Fund declined marginally.
September 4, 2026
Show AI Summary
IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.
September 4, 2026
Show AI Summary
Personal security frameworks evolved from elite guards into intelligence-led protection systems, while VIP culture can distort their necessity.
Personal security evolved from elite guards into structured systems combining physical protection, intelligence, technology and specialised protocols. Prime Ministerial security in India was reorganised after the 1984 assassination of Prime Minister Indira Gandhi by her bodyguards. A commission recommended a single protective agency, leading to the formation of the Special Protection Group in 1985. Statutory parameters introduced in 1988 sought to rationalise and scientifically streamline protection arrangements. Advanced technology, training, intelligence and protocols do not eliminate personal-protection vulnerabilities, and security is characterised as a necessity rather than a status symbol.
September 4, 2026
Show AI Summary
Rupee exchange-rate movement reflects foreign-currency deposit inflows, central-bank intervention, oil-price risks and changing market risk appetite.
Foreign-exchange liquidity measures, including a special central-bank programme for foreign-currency deposits, generated substantial inflows that supported the rupee. Inflows from foreign-currency deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened market conditions. Rupee appreciation was also supported by foreign equity inflows and risk appetite, but remained vulnerable to higher crude-oil prices, US-Iran tensions, safe-haven demand for the US dollar and possible disruption to oil flows through the Strait of Hormuz.
September 3, 2026
Show AI Summary
Trade agreement consultations safeguard farmer, worker, MSME and sectoral sensitivities while phased bilateral tariff negotiations continue.
India-US bilateral trade agreement negotiations are being pursued on the stated basis that Indian sensitivities will not be compromised. The agreement's text remains non-public, while the government position identifies farmers, fishers, micro, small and medium enterprises, workers, handloom and handicrafts sectors, and the automobile industry as protected considerations. The arrangement is described as a first tranche, with further engagement contemplated following changes in the United States tariff landscape.
September 3, 2026
Show AI Summary
Unauthorised toll collection apps allegedly generated fake receipts, concealed non-FASTag collections, and triggered a money-laundering investigation.
Unauthorised digital applications allegedly enabled toll collection from vehicles without FASTag stickers outside the official reporting system. Mobdata and Any were allegedly used to generate unauthorised or fake toll receipts, conceal collections from NHAI, and monitor such collections through dedicated portals. A PMLA investigation followed an FIR alleging fraudulent toll collection, with digital forensic material indicating use of the mechanism across around 100 toll plazas. Searches resulted in seizure of financial and digital records and freezing of bank accounts.
September 3, 2026
Show AI Summary
Economic offence investigations: cross-border training strengthens officers' practical skills in investigation, prosecution, procedures, and handling complex financial crimes.
Capacity-building training under the Indian Technical and Economic Cooperation programme equipped officers from member countries with practical skills for investigating economic offences. It covered varied forms of financial and economic crime, cross-border impact, challenges in investigation and prosecution, standard operating procedures, and investigative best practices. The specialised law-enforcement engagement aims to strengthen international cooperation and investigative capacity in economic-offence matters.
September 3, 2026
Show AI Summary
Unauthorised Aadhaar credential use triggers blacklisting and procurement debarment following alleged post-termination enrolment and update transactions.
Alleged unauthorised use of Aadhaar Registrar/EA Code credentials after termination of an operational engagement led the Delhi Construction and Other Workers Welfare Board to blacklist MDS Solution Pvt Ltd. UIDAI communication indicated that Aadhaar-related activity allegedly continued after cancellation through the Board's credentials. The Board lodged a police complaint, barred the firm from its tenders, procurement processes, empanelment and contract awards, and recommended consideration of action under applicable rules and policies.
September 3, 2026
Show AI Summary
FCNR(B) deposits strengthen foreign-exchange liquidity and support rupee appreciation alongside foreign portfolio inflows into government securities.
Foreign-currency inflows through FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened foreign-exchange liquidity and supported appreciation of the rupee against the US dollar. Foreign portfolio investment in government securities was linked to the abolition of withholding tax and long-term capital gains tax on such investment. Currency-market conditions were also influenced by foreign institutional equity purchases, global risk appetite, crude-oil prices and geopolitical tensions.
September 3, 2026
Show AI Summary
Electric vehicle adoption can reduce transport import dependence while domestic battery manufacturing increases projected long-term savings.
Electric-vehicle adoption across road-transport segments is projected to reduce dependence on imported petrol and diesel, notwithstanding continuing battery imports. Accelerated electrification could reduce vehicle-related import expenditure substantially by 2050 because reduced oil imports are expected to exceed battery-import costs. Domestic cell-manufacturing capacity may further increase savings by combining rapid vehicle electrification with battery localisation.
September 3, 2026
Show AI Summary
Women's livelihood credit access will extend beyond self-help groups through standardised loan formalities and coordinated banking support.
Women's access to credit for livelihood expansion is to extend beyond Self-Help Groups to individual women members. Loan accessibility concerns include distance from bank branches, repeated visits to complete formalities, and inconsistent banking procedures. Regular State Rural Livelihood Mission meetings, bank participation, training, helplines, process improvements and coordination with bankers are intended to reduce barriers. Loan formalities are to be standardised across banks through a uniform process involving RBI and NABARD.
September 3, 2026
Show AI Summary
Industrial development facilitation prioritises infrastructure, services, policy utilisation, and dry-port trade connectivity for businesses and agro-based farmers.
Industrial development facilitation extends beyond allocation of industrial plots to infrastructure development, services, and a favourable business environment. Industry-support policies seek to encourage participation by entrepreneurs, promote growth across sectors, and improve investment conditions without distinction between small and large enterprises. Dry-port infrastructure strengthens national and international trade connectivity, supporting import and export expansion for industrial and agro-based businesses.
September 3, 2026
Show AI Summary
Regulated fintech infrastructure recognition highlights integrated payment, identity and collections capabilities across embedded financial product delivery.
Decentro operates an integrated fintech infrastructure platform combining payment acceptance, identity verification, banking and AI-led collections through a unified integration layer. It holds Payment Aggregator authorisations for online and physical payments, a Payment Service Provider licence through its GIFT City entity, and certification for offline identity-verification workflows. These capabilities support embedded financial products, payment acceptance, lending collections and related financial workflows for enterprise users.
September 3, 2026
Show AI Summary
Responsible NBFC and HFC growth requires technology-enabled inclusion, proportionate regulation, sound governance, liquidity discipline, customer protection and cyber resilience.
NBFCs and HFCs can complement bank-led credit delivery through last-mile reach, sector-specific expertise, digital infrastructure, consent-based data sharing and cash-flow-based underwriting. Sustainable growth requires strong liquidity risk management, governance, compliance culture, diversified funding, stress testing, early-warning systems, dynamic provisioning and sound underwriting standards. Proportionate scale-based regulation, digital lending standards and a substance-over-form approach seek to support innovation while preserving financial stability. Customer protection, responsible lending, grievance redressal, fair recovery conduct, cyber resilience and protection of customer data remain essential.
September 3, 2026
Show AI Summary
Debenture trusteeship fee fixing constitutes cartelisation by constraining independent pricing and restricting service availability in the market.
Collective minimum-fee fixing for debenture trusteeship services prevented trustees from making independent commercial pricing decisions and constituted cartelisation. Prescription of a benchmark fee limited and controlled the supply or market for such services by directing association members and non-members not to serve debenture issuers below that fee. The conduct contravened Section 3(3)(a) and Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002.
September 3, 2026
Show AI Summary
Digital textile printing enables flexible industrial production, shorter lead times, reduced screen dependency and sustainability-focused manufacturing for export markets.
Digital textile printing is presented as an industrial alternative to conventional screen printing, allowing direct production from digital design files with faster design changes, shorter lead times and flexibility across varying order quantities. Single-pass systems support high-volume production through fixed printing units and continuous fabric movement, while multipass platforms provide flexible production across natural, synthetic and specialised textiles. Digital production is associated with printing closer to demand, eliminating physical screens, reducing unnecessary production, and addressing wastewater reduction, chemical compliance, traceability and responsible manufacturing expectations.
September 3, 2026
Show AI Summary
Economic growth and infrastructure investment were presented as supporting exports, skilled employment, connectivity, and long-term development.
Economic growth, export expansion and infrastructure investment are presented as interconnected drivers of India's development, global standing and employment opportunities. Infrastructure expenditure, railway expansion and improved transport connectivity are identified as measures intended to facilitate movement, simplify transportation, support trade and exports, and strengthen industrial and commercial activity. These measures are associated with the objective of a developed India by 2047 and enhanced employment, business and growth opportunities.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Production of Textile Products

May 14, 2012

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Press Information Bureau

Government of India

Ministry of Textiles

14-May-2012 15:34 IST

India produced 54966 million Square meters, 60333 million Square meters and 62,559 million Square meters of cloth in 2008-09, 2009-10 and 2010-11 respectively. State-wise and year-wise details of production of Man-made fibre, spun yarn and filament yarn are at Annexure-I, II and III respectively.

(b) & (c): India is the second largest producer of cotton and cotton yarn, fourth largest producer of synthetic fibre yarn, seventh producer of raw wool and largest producer of Jute in the work.

The National Textile Policy of 2000 continues to be in place.

Cotton and cotton yarn markets have witnessed price stability in 2010-11.

The details of textile exports are at Annexure-IV.

The rate of excise duty on synthetic fibers has been raised from 10% to 12% in the Union Budget 2012-13. Government has received post budget representations from FICCI and others to reduce the excise duty on man made fibers and introduce optional excise duty of 6% to all textile products aimed at fibre neutral policy. Government did not make any changes in Finance Bill proposals for 2012-13.

Annexure – I

STATE-WISE PRODUCTION OF MAN-MADE FIBRE

     

(Million Kg.)

State

2009-10

2010-11

2011-12 (P)

ASSAM

-

-

-

GUJARAT

582.62

591.25

600.75

KARNATAKA

51.58

51.10

51.41

KERALA

-

-

-

MADHYA PRADESH

134.04

132.20

142.46

MAHARASHTRA

278.78

281.06

229.63

ORISSA

15.79

15.79

15.79

PUNJAB

110.68

116.70

117.33

RAJASTHAN

-

-

-

COIBATORE

-

-

-

TAMILNADU

27.00

25.76

11.70

UTTAR PRADESH

65.82

69.04

62.81

WEST BENGAL

-

-

-

DADRA & NAGAR HAVELI

1.73

1.73

1.73

Total

1,268.04

1,284.62

1,233.61

       

Annexure - II

Production of Spun Yarn during 2009-10, 2010-11 and 2011-12

(In kg.)

Sr.No.

State Name

2009-2010

2010-2011

2011-2012

1

Andhra Pradesh

23,35,60,810

29,26,01,334

34,17,89,907

2

Gujarat

19,74,68,386

20,92,14,760

19,72,83,281

3

Haryana

10,75,61,229

14,39,83,487

17,20,02,572

4

Jammu & Kashmir

4,54,48,312

4,52,73,193

4,44,78,434

5

Karnataka

6,23,66,719

4,75,06,797

4,00,34,610

6

Kerala

3,62,56,843

3,83,59,762

3,34,84,394

7

Madhya Pradesh

25,99,10,935

29,27,07,953

29,37,07,628

8

Maharashtra

36,62,78,428

39,48,75,903

36,58,97,626

9

Orissa

13,28,832

16,65,439

15,43,248

10

Punjab

58,95,16,100

65,10,65,295

65,11,13,844

11

Rajasthan

31,89,96,961

36,10,06,330

37,42,98,575

12

Tamil Nadu

1,59,53,93,259

1,81,75,12,299

1,48,27,97,418

13

Uttar Pradesh

6,99,05,865

7,33,04,736

5,85,41,441

14

West Bengal

2,89,00,422

3,72,65,480

2,72,72,020

15

Delhi

71,280

47,520

0

16

Pondicherry

81,95,236

74,43,192

61,24,853

17

Goa

4,78,707

3,09,827

1,32,480

18

Himachal Pradesh

14,65,08,655

14,66,73,977

11,87,63,442

19

Daman & Diu

29,48,126

27,34,432

21,86,849

20

Dadra Nagar Haveli

8,07,40,336

9,39,63,199

9,08,70,939

21

Uttaranchal

4,05,38,764

5,41,88,221

5,57,27,513

22

Jharkhand

10,76,531

9,25,313

7,68,924

T O T A L

4,19,34,50,736

4,71,26,28,449

4,35,88,19,998

 Annexure– III

State-wise production of Filament Yarn

(Mn.kg.)

State

2009-10

2010-11

2011-12

ANDHRA PRADESH

33.18

2.92

2.92

ASSAM

-

-

-

GUJARAT

677.67

732.49

683.42

HARYANA

-

-

-

KERALA

-

-

-

MADHYA PRADESH

-

-

-

MAHARASHTRA

491.41

490.22

464.36

ORISSA

-

-

-

PUNJAB

22.88

22.66

18.90

RAJASTHAN

1.35

-

-

TAMILNADU

-

-

-

KANPUR

-

-

-

UTTAR PRADESH

56.33

57.17

50.84

WEST BENGAL

7.75

7.50

7.31

DADRA & NAGAR HAVELI

232.14

236.84

234.83

Total

1,522.72

1,549.79

1,462.57

       

Annexure – IV 

India Export Statistics

Commodity: Textile & Clothing, Ch50 to 63

Annual Series: 2008 - 2010, Year To Date: 07/2010 & 07/2011

Millions United States Dollars

Partner Country

 

Year To Date

2008

2009

2010

07/2010

07/2011

%Change

World

23064

21787

27188

15155

18259

20.48

United States

4700

4226

4946

2909

3392

16.6

China

880

868

2325

834

690

-17.31

United Arab Emirates

1667

1625

1798

1047

1233

17.83

United Kingdom

1695

1708

1667

975

1288

32.08

Germany

1556

1604

1528

909

1243

36.79

Bangladesh

610

500

1105

520

683

31.29

France

936

916

810

517

644

24.42

Italy

880

743

778

459

628

36.75

Turkey

462

399

667

405

431

6.44

Spain

643

676

667

416

532

27.92

Pakistan

453

565

657

417

283

-32.12

Netherlands

554

512

523

310

454

46.76

Brazil

353

288

497

296

325

9.9

Belgium

459

386

474

266

391

46.85

Saudi Arabia

435

429

473

271

292

7.75

Sri Lanka

313

307

397

210

298

41.9

Korea, South

200

211

378

239

196

-17.97

Hong Kong

186

218

369

171

172

0.79

Canada

388

358

347

207

263

27.27

Egypt

293

192

338

180

234

29.92

Denmark

275

279

281

172

247

43.1

Malaysia

150

136

279

115

142

24.08

Japan

279

240

261

162

258

59.15

Vietnam

113

102

238

115

99

-14.11

Portugal

164

135

229

132

150

14.04

Indonesia

194

112

228

131

102

-21.78

Afghanistan

152

252

206

106

165

56.02

Australia

179

184

205

106

152

43.24

South Africa

148

169

199

105

136

28.84

Singapore

121

142

192

108

109

0.88

Sweden

176

168

189

117

149

27.91

Iran

99

102

174

95

164

73.24

Mexico

137

110

159

88

125

41.52

Taiwan

92

58

133

63

44

-29.75

Poland

99

90

128

73

119

62.33

Peru

107

75

124

68

99

45.52

Colombia

69

66

115

69

94

36.37

Tanzania

114

100

112

61

59

-2.38

Thailand

99

77

110

72

64

-10.6

Israel

89

77

101

61

60

-1.75

Kenya

78

77

100

58

50

-13.81

This information was given by the Minister of State for Textiles, Smt. Panabaaka Lakshmi  in a written reply in the Lok Sabha today.

DS/GK

Topics

Acts Income Tax