Loading...

⚠ ✕
❮ Top
☎ Help
☰
GST ▸
Central GST ▸
Integrated GST + ▸
UTGST / SGST ▸
GST Case Laws + ▸
Income Tax ▸
Income Tax ▸
Allied (Direct Tax) ▸
Income Tax Case Laws ▸
DTAA ▸
International Taxation ▸
Customs ▸
Customs Act / Rules ▸
Notifications / Forms ▸
Circulars / Tariff ▸
Case Laws / Manual ▸
FTP/SEZ ▸
Foreign Trade ▸
Notifications / Circulars / Appendix / Forms ▸
Special Economic Zone (SEZ) ▸
Corp. Law ▸
Company Laws ▸
Standards / Trusts ▸
Partnership / LLP / Societies ▸
Case Laws ▸
FEMA ▸
FEMA / FCRA ▸
Notifications / Circulars ▸
Manual / FAQ ▸
FEMA Case Laws ▸
SEBI / IBC ▸
SEBI ▸
SEBI Case Laws ▸
IBC ▸
IBC - Case Laws ▸
PMLA ▸
Benami Property ▸
Black Money ▸
Money Laundering ▸
Vivad ▸
Direct Tax ▸
Indirect Taxes ▸
Indian Laws ▸
Indian Laws ▸
Bharatiya Nyaya 2023 ▸
Finance Acts & Bills / Amendment Acts ▸
Case Laws ▸
Labour Laws ▸
Labour Code ▸
Old / Others ▸
Central Excise ▸
Central Excise - Cases ▸
Wealth Tax ▸
Service Tax ▸
Service Tax Cases ▸
CST / DVAT ▸
CST / VAT / Sales Tax ▸
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
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
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. 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
    September 10, 2026
    DRI intensifies crackdown on gold smuggling in pan-India operations; seizes around 41 kg foreign-origin gold worth Rs. 62 crore (approx.); 24 persons,...
    September 10, 2026
    Axis Bank Launches Sparsh Week 2026: 'Act with Speed' Nationwide
    September 10, 2026
    Wizz partners with Appreciate to enable seamless global Investing through Wizz Financial App
    September 10, 2026
    IRCTC hotels money laundering case: Delhi court orders framing of charges against Lalu, 8 others
    September 10, 2026
    India has opportunity to become trusted partner in shaping future of global finance: RBI Guv
    September 10, 2026
    Beyond Local Markets: How MSMEs Can Unlock Growth Through Exports and GeM
    September 10, 2026
    Delhi HC bars GST registration without biometric-based Aadhaar authentication
    September 10, 2026
    Safebox Raises USD 1.11 Million Seed Round to Build India’s Family Wealth Protection Category
    September 10, 2026
    Bajaj Finance Simplifies Gold Loan Planning with Online Calculator
    September 10, 2026
    Wibmo, a PayU Company, Wins at the Global Fintech Awards 2026
    September 10, 2026
    India in Full Flow — The Decade of Demand
    September 10, 2026
    FCNR(B) flows not to lead to abnormal lending, will get deployed in 4 months: SBI Chairman Setty
    September 10, 2026
    SC notice to Centre on PIL seeking uniform, time-bound probe for child kidnapping cases
    September 10, 2026
    Chinese electric bike imports surge as Africa's EV investments diversify
    September 10, 2026
    Maharaja & Speedex India Limited IPO Opens on Thursday, September 10, 2026
    September 10, 2026
    IFANOW partners with Appreciate to bring Global Investment Products to its financial advisors and their clients
    September 10, 2026
    Orange Retail Finance Completes RS 50 Crore Listed NCD Issuance; First Tranche of RS 200 Crore Programme Supported by UMI Capital
    September 10, 2026
    Emerging Technologies in Finance: The Imperatives of Purpose, Prudence, and Policy - Keynote Address by Shri Rohit Jain, Deputy Governor, Reserve Bank...
    September 10, 2026
    Rupee falls 25 paise to 95.33 against US dollar in early trade
    September 10, 2026
    NICDC Showcases India’s Next-Generation Industrial Ecosystems at First-Ever INNOPROM India 2026
❮
❯
❯❯
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:

Open Link
News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
September 10, 2026
DRI intensifies crackdown on gold smuggling in pan-India operations; seizes around 41 kg foreign-origin gold worth Rs. 62 crore (approx.); 24 persons, including three foreign nationals, arrested
Show AI Summary
Gold-smuggling enforcement targets concealment methods, transit-route abuse, and airport-staff collusion through intelligence-led interception operations nationwide.
Intelligence-led customs enforcement against organised gold smuggling led to seizures of foreign-origin gold across airport, rail, road and Indo-Bangladesh border routes. Gold was concealed through melting, defacing, conversion into chains, dust or paste, and hiding in vehicles, baggage, machinery and body-worn articles. Seizures under the Customs Act, 1962 followed failures to produce documentation substantiating licit possession. The activity also identified transit passengers, airport staff, recipients and handlers involved in clandestine removal and movement of smuggled gold.
September 10, 2026
Axis Bank Launches Sparsh Week 2026: 'Act with Speed' Nationwide
Show AI Summary
Customer-focused digital vehicle financing introduces a paperless, automated journey for eligible existing and new banking customers.
Eligible existing and new-to-bank customers may access a simplified Auto and Two-Wheeler financing journey through a fully digital, end-to-end paperless process. Automated decisioning, straight-through processing, digital documentation and dealer integration are intended to enable application-to-disbursement within 30 minutes, reduce financing friction and accelerate access to vehicle finance. The broader initiative uses customer engagement and employee capability-building measures to convert customer feedback into faster action and improved service experiences.
September 10, 2026
Wizz partners with Appreciate to enable seamless global Investing through Wizz Financial App
Show AI Summary
Global investing through regulated IFSC infrastructure enables digital access to international stocks, funds, onboarding, remittance support, and portfolio diversification.
Wizzmoni Financial Services Limited and Appreciate are integrating global-investing infrastructure into the Wizz Financial App. Retail and high-net-worth customers may access US-listed stocks, exchange-traded funds and Global Mutual Funds through a digital experience with onboarding, a single-KYC journey and multi-bank remittance support. International investing is routed through regulated GIFT City IFSC infrastructure and is positioned as a compliant pathway under the RBI's Liberalised Remittance Scheme framework, alongside existing foreign-exchange and cross-border payment services.
September 10, 2026
IRCTC hotels money laundering case: Delhi court orders framing of charges against Lalu, 8 others
Show AI Summary
Money laundering charge framing requires strong suspicion, not conclusive proof, where alleged abuse of office generated tainted property.
Money-laundering charges were ordered to be framed against nine accused on allegations that manipulation of a railway hotel lease tender enabled the transfer of undervalued land through DMCPL and subsequent share transfers to Rabri Devi and Tejashwi Yadav. The land was treated as alleged proceeds of crime arising from abuse of public office. At the charge-framing stage, strong suspicion, rather than conclusive proof of criminal intent, was sufficient. Documentary material concerning land transfers, company control, loans, shareholding changes and subsequent transfers supported the allegations.
September 10, 2026
India has opportunity to become trusted partner in shaping future of global finance: RBI Guv
Show AI Summary
Financial-sector tokenisation and self-regulation are proposed alongside fiduciary data stewardship for next-generation digital finance services.
Financial-sector digitalisation is being advanced through proposed tokenisation of corporate bonds, digital public infrastructure for next-generation financial services, and recognition of an additional self-regulatory organisation. The Unified Lending Interface is identified as an example of such infrastructure. Trust is central to the financial system, and fintech entities are expected to treat data as a fiduciary responsibility rather than as a business asset. United Fintech Forum has received approval as the second self-regulatory organisation for the financial sector.
September 10, 2026
Beyond Local Markets: How MSMEs Can Unlock Growth Through Exports and GeM
Show AI Summary
MSME export readiness and sustainable GeM bidding depend on compliance, cost discipline, reliable delivery, and operational systems.
MSME export readiness requires consistent product quality, reliable delivery, documentation, regulatory compliance and operational systems capable of sustaining buyer trust. Digital trade processes require relevant registrations, including IEC and GST, and use of ICEGATE and DGFT systems. Free Trade Agreements may enable reduced or zero customs duties in specified markets, subject to applicable eligibility conditions and rules.
September 10, 2026
Delhi HC bars GST registration without biometric-based Aadhaar authentication
Show AI Summary
Biometric Aadhaar authentication becomes mandatory for GST registration to prevent fraudulent use of stolen taxpayer identity credentials.
GST registration is prohibited, for the time being, unless biometric-based Aadhaar authentication is completed. The requirement applies across the country and addresses fraudulent registrations obtained through misuse of PAN and Aadhaar details. Biometric authentication is treated as necessary to curb fake registrations, revenue loss and harassment caused by identity misuse. Authorities may raise objections concerning practical difficulties in implementation.
September 10, 2026
Safebox Raises USD 1.11 Million Seed Round to Build India’s Family Wealth Protection Category
Show AI Summary
Family wealth protection platforms consolidate household asset records, nominee mapping and regulated data access to reduce unclaimed financial assets.
Safebox consolidates household financial information across assets, liabilities, insurance, critical records and family details, with nominee mapping for individual holdings. It is designed to help family members identify relevant information and access requirements during emergencies or transitions where financial holdings are dispersed across institutions and digital identities. The platform uses regulated financial infrastructure through integration with the Account Aggregator framework and operates through an entity registered as an Investment Adviser.
September 10, 2026
Bajaj Finance Simplifies Gold Loan Planning with Online Calculator
Show AI Summary
Gold loan valuation depends on purity, net gold weight, prescribed gold price and tiered loan-to-value limits.
Gold loan eligibility and estimated borrowing capacity depend on gold purity, eligible net gold weight, the applicable valuation price and the Loan-to-Value (LTV) limit. An online calculator may provide a preliminary estimate based on borrower-entered details, but cannot determine the final sanctioned amount. Valuation excludes stones, beads, gems and other non-gold components and remains subject to physical verification of gold weight, purity and eligibility. Tiered RBI LTV limits restrict maximum borrowing against assessed gold value, while borrowers should review applicable interest, fees, repayment terms and other charges.
September 10, 2026
Wibmo, a PayU Company, Wins at the Global Fintech Awards 2026
Show AI Summary
Risk-based step-up authentication enables banks to apply stronger verification for higher-risk digital payment transactions in real time.
Risk-based step-up authentication applies stronger verification when transaction risk indicators require it, while allowing trusted digital payment transactions to proceed with minimal friction. Wibmo Intelligent Authentication Suite combines authentication with real-time risk assessment to support risk-aware decision-making across payment journeys. The capability is positioned to help banks, fintechs and financial institutions strengthen payment security, manage fraud and risk, and preserve convenient experiences for cardholders and end users.
September 10, 2026
India in Full Flow — The Decade of Demand
Show AI Summary
Authorised Economic Operator reform drives trade submissions on trusted compliance, faceless examination and integrated customs systems improvements.
Authorised Economic Operator reform and customs-trade facilitation are addressed through an open-floor deliberation involving importers, exporters, terminal operators, customs brokers and surveyors. Practical submissions are to be consolidated into an Outcome Document for submission to the Central Board of Indirect Taxes and Customs. Focus areas include trust-based compliance, faceless examination, National E-Bond, transfer of ownership, Participating Government Agency routing through SWIFT 2.0, and Customs Integrated Systems 2.0. Related sessions address GST appellate dispute preparedness, free trade agreement services, maritime risk and customs reform implementation.
September 10, 2026
FCNR(B) flows not to lead to abnormal lending, will get deployed in 4 months: SBI Chairman Setty
Show AI Summary
FCNR(B) fund deployment over several months is expected to prevent abnormal lending while supporting responsible banking liquidity management.
FCNR(B) inflows mobilised through a special concessional swap arrangement are anticipated to be deployed over three to four months. Banks are expected to manage the resulting liquidity responsibly rather than expand credit abnormally. The staggered deployment period is presented as mitigating concerns that diaspora-linked foreign-currency inflows could cause excessive lending.
September 10, 2026
SC notice to Centre on PIL seeking uniform, time-bound probe for child kidnapping cases
Show AI Summary
Uniform child kidnapping investigations: PIL seeks prompt FIR registration, specialised procedures, asset measures and speedy trials nationwide.
A public-interest petition seeks a uniform nationwide mechanism for child kidnapping and abduction investigations, including prompt FIR registration, time-bound inquiries, standard questionnaires, special investigation procedures and senior-level investigation. It proposes dedicated courts for speedy disposal and coordinated action against interstate trafficking and illegal-adoption networks. The petition also seeks property assessment and confiscation, use of money-laundering, benami-property and black-money provisions where applicable, and consecutive sentences to deter offenders.
September 10, 2026
Chinese electric bike imports surge as Africa's EV investments diversify
Show AI Summary
Electric motorcycle adoption depends on local assembly, battery swapping, affordable finance, reliable power, and interoperable infrastructure across African markets.
African electric two- and three-wheeler markets combine imports of Chinese electric scooters for consumer use with commercially focused electric motorcycle ecosystems supported by local assembly, battery swapping, charging, financing and servicing. Battery swapping supports intensive commercial operations by allowing rapid replacement of depleted batteries. However, local production remains dependent on imported motors, controllers and battery cells. Proprietary battery systems and fragmented swapping networks restrict interoperability, manufacturing scale and battery resale value. Wider adoption depends on affordable finance, reliable electricity, adequate infrastructure, predictable policies and standardisation.
September 10, 2026
Maharaja & Speedex India Limited IPO Opens on Thursday, September 10, 2026
Show AI Summary
Initial public offering opens for SME listing, with fresh proceeds designated for debt repayment, machinery investment, and corporate purposes.
Maharaja & Speedex India Limited proposes an initial public offering of equity shares for listing on the BSE SME platform. The net offer provides allocations for qualified institutional buyers, non-institutional investors, retail individual investors, and a market maker. Net fresh-issue proceeds are intended for repayment or prepayment of company and subsidiary borrowings, capital expenditure on plant and machinery at the subsidiary's existing manufacturing facility, and general corporate purposes.
September 10, 2026
IFANOW partners with Appreciate to bring Global Investment Products to its financial advisors and their clients
Show AI Summary
FEMA-compliant global investment access integrates funds and US equity baskets into advisor workflows through assisted and DIY journeys.
Global investment access is integrated into IFANOW's wealth-management platform through Appreciate's technology infrastructure, enabling advisors and clients to access Global Funds and US Stock Baskets within existing workflows. Assisted and DIY journeys support onboarding, KYC, remittance and investment execution. Appreciate provides infrastructure for execution, payments, distribution, advisory and exchange connectivity through APIs and SDKs. Global investments are facilitated through regulated GIFT City IFSC and FEMA-compliant Liberalised Remittance Scheme routes, with supported banking channels for funding.
September 10, 2026
Orange Retail Finance Completes RS 50 Crore Listed NCD Issuance; First Tranche of RS 200 Crore Programme Supported by UMI Capital
Show AI Summary
Listed NCD funding enables an NBFC's diversified institutional debt strategy and transition to secured retail finance.
Orange Retail Finance India Private Limited completed a listed non-convertible debenture issuance as the first tranche of its listed debt programme. The issuance is part of a broader debt-fundraising plan to diversify funding sources, establish an institutional capital-raising platform and support asset-liability management. It accompanies a transition from legacy two-wheeler lending to secured retail finance focused on gold loans and MSME loan against property in semi-urban and rural markets.
September 10, 2026
Emerging Technologies in Finance: The Imperatives of Purpose, Prudence, and Policy - Keynote Address by Shri Rohit Jain, Deputy Governor, Reserve Bank of India at the Global Fintech Fest, 2026 in Mumbai on September 9, 2026
Show AI Summary
Responsible financial technology requires purpose-led design, proportionate safeguards, accountable governance, and adaptive policy to protect customers and resilience.
Emerging financial technologies should be evaluated by the financial need they address rather than by novelty alone. Their benefits depend on inclusive design choices such as interoperability, common standards and accessibility. Prudence requires safeguards against risks arising from automation speed, concentration in technology dependencies and opacity in advanced models. Institutions remain accountable for customer fairness and risk management despite algorithmic decision-making or third-party technology provision. Policy should apply proportionate governance, validation, oversight and intervention requirements, while allowing controlled experimentation and adaptive supervision to support responsible innovation.
September 10, 2026
Rupee falls 25 paise to 95.33 against US dollar in early trade
Show AI Summary
Rupee depreciation amid elevated crude prices increases import-bill and current-account pressures as dollar demand remains persistent.
Rupee depreciation against the US dollar was linked to Brent crude prices exceeding USD 100, persistent dollar demand and concern over India's import bill. India's substantial dependence on crude imports makes sustained oil-price increases a source of pressure on the import bill, current account and rupee. FCNR-related dollar inflows have largely faded, while movement above the 95 USD/INR level generated additional dollar demand and was viewed as technically significant.
September 10, 2026
NICDC Showcases India’s Next-Generation Industrial Ecosystems at First-Ever INNOPROM India 2026
Show AI Summary
Industrial smart cities and digital logistics underpin manufacturing investment, localisation, technology partnerships and India-Russia industrial cooperation.
The National Industrial Corridor Development Programme spans industrial corridors and greenfield industrial smart cities designed as plug-and-play manufacturing ecosystems with serviced land, utilities, ICT infrastructure and multimodal connectivity. India-Russia engagement covers manufacturing investment, technology cooperation, localisation, business matchmaking and possible industrial clusters. NICDC also supports PM MITRA Parks, BHAVYA industrial parks, GIS-enabled industrial land information and digital logistics platforms to improve site selection, container visibility, logistics efficiency and data-driven decision-making.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Home › news › FEMA & RBI › 2012 › August, 2012 › This
Back

All News

Showing Results for : Reset Filters
FEMA & RBI

No exemption provided to any Sector under the Competition Act, 2002.

August 13, 2012

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

Press Information Bureau

Government of India

Ministry of Corporate Affairs

13-August-2012 18:12 IST

No exemption provided to any Sector under the Competition Act, 2002

The Competition Act, 2002 does not provide exemption to any sector including telecom and banking sectors from its ambit.

This was stated in the Rajya Sabha by Shri R.P.N. Singh, Minister of State in the Ministry of Corporate Affairs in reply to an USQ question today.

Department of Financial Services has approached Ministry of Corporate Affairs for granting exemption to loss making and failing organisations in the insurance sector and the banking sector from the purview of Competition Act, 2002. However, no such specific communication has been received from Department of Telecommunication seeking exemption in Telecom Sector.

MoS also informed Rajya Sabha that in the proposed Draft National Competition Policy, a Cabinet Committee on Competition has been proposed to inter-alia look into conflicts between regulators. The draft policy is at consultations stage at present.

*****

RC/JR

Topics

Acts Income Tax
Next ➔