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
    Bajaj Finance Acquires 5% Stake in TrueFan AI as part of Finserv Intelligence
    SC dismisses BDPL's plea, brings one of India's longest-running corporate disputes to end
    CMRL case: ED writes to Keralam DGP seeking FIR against ex-CM Vijayan, daughter and son-in-law
    RSP MP Premachandran seeks CPI(M) stand on ED probe into Pinarayi Vijayan, family
    UpTik Strengthens Strategic Advisory Board with Appointment of Mr. Rajaram and Mr. Bala Swaminathan
    SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file another
    India faces higher oil import costs as crude prices surge on West Asia supply risks
    Swyom Advisors Marks Three Years of Operations at 'Beyond Alpha: Chapter 3' in Mumbai
    CMRL case: ED writes to Kerala DGP seeking FIR against ex-CM Vijayan, daughter Veena, son-in-law
    ED writes to Kerala DGP seeking FIR against ex-CM Vijayan, daughter, son-in-law in CMRL case
    China's exports pick up in August, jumping 25% as its trade surplus widens
    Rupee falls 10 paise to 94.66 against US dollar in early trade
    Union Finance Minister meets delegation of bank employees representing different Public Sector Banks (PSBs)
    China's exports pick up in August, jumping 25% on strong demand for autos and high tech goods
    TMC calls ED searches political vendetta, bid to divert attention from Delhi building collapse
    Valmiki Corporation 'scam': ED questions ex-K'taka minister B Nagendra again
    Allahabad HC seeks Centre, UP response over learning licence issued in dead man's name
    Axis Bank sees religious tourism, defence, MSMEs as key growth areas in UP
    Rupee falls 13 paise to close at 94.56 against US dollar
    Vimal Elaichi makers move Delhi HC against Maharashtra FDA notice to 3 actors
❯❯
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 8, 2026
Show AI Summary
Strategic equity investment in AI video technology supports expanded enterprise automation, personalised communication, and startup innovation collaboration.
Bajaj Finance acquired a 5% equity stake in TrueFan AI through Finserv Intelligence, an applied research and innovation initiative supporting scalable technology enterprises. The investment follows existing use of TrueFan AI's platform for personalised customer engagement and dealer enablement. The parties intend to expand collaboration in personalised marketing, high-volume video generation, live-avatar assistance, multilingual communication, learning and development, and digital onboarding. The partnership combines equity participation with development of technological capabilities and long-term strategic value.
September 8, 2026
Show AI Summary
Corporate share transaction validity was sustained after allegations of altered control and financial impropriety were rejected in prolonged proceedings.
The National Company Law Appellate Tribunal set aside the Tribunal's decision after considering historical corporate records and contemporaneous material, rejecting allegations of financial impropriety concerning the private placement and share transfers. It upheld the relevant corporate decisions and transactions. The Supreme Court declined to interfere with the appellate determination, concluding the prolonged challenge brought by Bhagwati Developers Private Limited.
September 8, 2026
Show AI Summary
PMLA information-sharing enables a police FIR request over alleged bribery, sham consultancy payments, and suspected fund routing.
Enforcement Directorate used PMLA information-sharing powers to seek a police FIR over alleged bribery, sham consultancy payments, and laundering of funds linked to CMRL and Exalogic Solutions. The allegations concern purported payments for IT consultancy services, use of Exalogic Solutions as a corporate vehicle for routing payments, and alleged transfers of funds to Dubai. The investigation also draws on allegations of fictitious corporate expenditure that generated cash for unlawful payments.
September 8, 2026
Show AI Summary
PMLA information-sharing in alleged consultancy payments enables police FIR registration and potential money-laundering proceedings thereafter.
Section 66(2) of the Prevention of Money Laundering Act permits the Enforcement Directorate to share criminal-investigation findings with law-enforcement agencies for registration of a fresh FIR or complaint. A police case registered on that information can form the basis for a PMLA case. In the reported investigation, FIR registration was sought on evidence gathered during the PMLA probe and searches concerning alleged consultancy payments.
September 8, 2026
Show AI Summary
Governance and risk oversight gain focus as strategic advisers support institutional-grade alternative credit operations for MSMEs.
Strategic Advisory Board appointments add Mr. Rajaram and Mr. Bala Swaminathan to UpTik's advisory leadership for its invoice discounting and alternative credit operations. Their respective experience in structured finance, regulatory compliance, banking operations, treasury and institutional finance is intended to strengthen governance, risk oversight, compliance, credit-management frameworks and institutional partnerships. The appointments support expansion of transparent and responsible alternative credit access for MSMEs.
September 8, 2026
Show AI Summary
Homebuyer claims and delayed possession require a comprehensive proposal, while frozen accounts remain unavailable for insolvency operations.
Proceedings concerning delayed real-estate projects require a fresh comprehensive proposal addressing possession, refunds, delayed-possession compensation, and enforcement-related claims of all homebuyers across the developer's group entities. An inadequate proposal may lead to appointment of a High-Powered Committee to assume relevant responsibilities. Frozen bank accounts remain under restraint, and a request by the Insolvency Resolution Professional to operate an account for company affairs was not entertained. The proceedings also raise concerns over enforcement of real-estate regulatory directions and protection of homebuyers facing prolonged delays.
September 8, 2026
Show AI Summary
Crude oil price volatility heightens India's import, inflation and fuel-retailer margin pressures amid West Asia supply disruptions.
Elevated crude prices arising from West Asia supply and maritime-transit risks increase India's oil import costs and may pressure the trade balance and currency. Higher international crude prices can feed into domestic inflation through fuel, transport and energy costs, depending on domestic price pass-through and the duration of the increase. Retail fuel-price restraint may compress fuel-retailer margins and increase LPG under-recoveries. Refiners, distributors, airlines, petrochemical businesses and other energy-intensive sectors also face higher costs, particularly where crude, LPG and naphtha supplies depend on regional transit flows.
September 8, 2026
Show AI Summary
Alternative investment fund private placements require eligible investors and governing offering documents, with market-risk and no-advice disclosures.
Alternative Investment Fund units are not offered through public solicitation. Subscriptions, purchases or dealings in units may occur only by private placement to eligible investors and on the terms of the relevant private placement memorandum and constitutive documents. The material is not investment advice or a recommendation concerning securities or companies. Securities-market investments carry market risk, and past performance does not assure future results. Category III fund management is also associated with investment-process assessment, risk governance and institutional infrastructure.
September 8, 2026
Show AI Summary
PMLA information-sharing mechanism triggers requested corruption FIR based on alleged consultancy payments and suspected proceeds of crime.
The requested police case concerns allegations that CMRL made fraudulent payments to Exalogic Solutions, a now-defunct company, by representing them as consideration for IT consultancy services. The investigation also alleged generation of proceeds of crime by CMRL management and persons connected with the recipient company. Searches reportedly resulted in seizure of handwritten notes containing details of certain fund transfers to Dubai.
September 8, 2026
Show AI Summary
PMLA information-sharing mechanism supports police FIR referral based on alleged CMRL-linked payments and investigation material.
PMLA information-sharing power under section 66(2) permits the Enforcement Directorate to transmit money-laundering investigation findings and material recovered through searches to a law-enforcement agency for consideration of a fresh FIR or complaint. An FIR registered on that basis may also support a PMLA case. Registration was reportedly sought in relation to alleged CMRL-linked bribery involving purported fraudulent consultancy payments and material said to record fund transfers to Dubai.
September 8, 2026
Show AI Summary
Export-led growth in technology goods and autos widens trade imbalances amid tariffs, strategic supply constraints, and diversification.
China's export growth accelerated in August, driven by demand for automobiles and high-technology goods, while imports also rose and the trade surplus widened. Export growth continued to outpace imports, supported by expanded shipments to Southeast Asia, Latin America and Africa and by rising exports of electric vehicles, industrial machinery and semiconductors. Reliance on exports amid weak domestic consumption and investment contributed to concerns over global economic imbalances and continuing strategic trade tensions.
September 8, 2026
Show AI Summary
Foreign-exchange intervention supports rupee stability amid elevated oil prices, geopolitical tensions, and shifting global market indicators.
Rupee depreciation in the interbank foreign-exchange market reflected elevated Brent crude prices, Middle East geopolitical tensions and weaker investor confidence. RBI dollar sales and foreign-currency inflows under special schemes supported range-bound currency trading despite external pressures. A softer dollar index, foreign institutional equity purchases, inflation data and the Federal Open Market Committee meeting were identified as relevant indicators for currency-market direction.
September 8, 2026
Show AI Summary
Performance-linked incentives for public sector bank executives are kept in abeyance pending bipartite settlement and joint note discussions.
Implementation of the Performance Linked Incentive Scheme for Public Sector Bank executives is kept in abeyance for FY 2025-26 following employee concerns about its structure. The scheme will be considered during ongoing Bipartite Settlement and Joint Note discussions. Employee representatives also raised issues concerning ex-gratia benefits and medical facilities for retired employees. The concerns are to be addressed through dialogue, consultation and mutual understanding.
September 8, 2026
Show AI Summary
Customs trade data show stronger export and import growth, driven by automotive and high-technology demand.
China's customs trade indicators for August record export growth of 25% year-on-year, accelerating from July's 23.9% rate, supported by demand for automobiles and high-technology goods. Imports rose 28.2% year-on-year, up from July's 27.5% growth. Higher import and export values produced a trade surplus of $119.1 billion, widening from $112.5 billion in July.
September 8, 2026
Show AI Summary
Money-laundering searches of media-linked premises prompted allegations of political vendetta, while investigators cited suspected funding and circulation irregularities.
Enforcement Directorate searches at premises linked to a Rajya Sabha member and an Urdu daily were undertaken in connection with a money-laundering investigation. The investigation arose from a police FIR and concerned allegations of material promoting communal disharmony, unaccounted cash transactions, suspicious funding, overstated circulation figures to secure government advertising, and advertising-linked funding connected with a Dubai-based entity. The political party disputed the action, alleging political motivation and targeting of a media voice.
September 8, 2026
Show AI Summary
Money-laundering investigation into alleged Valmiki Corporation fund diversion includes renewed questioning and scrutiny of related irregularities.
Money-laundering investigation concerning alleged misappropriation of Karnataka Maharishi Valmiki Scheduled Tribes Development Corporation Limited funds involved further recording of a former minister's statement under the Prevention of Money Laundering Act. The inquiry follows earlier questioning, arrest, grant of bail and filing of a chargesheet over alleged fund-transfer irregularities. The former minister denied involvement, characterised the matter as bank fraud, and stated that no documents were sought during the inquiry.
September 7, 2026
Show AI Summary
Aadhaar-based learning licence authentication faces challenge over age verification, identity safeguards, and compliance with prescribed licensing formalities.
Aadhaar-based online processing of learning and driving licence applications is challenged on the ground that Aadhaar is not valid proof of age and that reliance on Aadhaar details may enable issue of licences to underage applicants. Allegations that licences were issued using a deceased person's Aadhaar number and despite an obscene uploaded photograph raise identity-verification and security concerns. The Union and State maintain that Aadhaar alone does not result in licence issuance because prescribed formalities must also be completed.
September 7, 2026
Show AI Summary
Digital payment transparency for religious institutions supports direct trust-account donations, reconciliation, and technology-led banking services.
Digital donation collection facilities for temples and religious establishments include kiosks, Bharat Bill Payment System payments and UPI QR-code payments. Donations may be credited directly to the relevant trust account, supported by transaction reconciliation and digital records to improve transparency and ease of transactions. Technology services also cover municipal dues payments and property-tax assessment, alongside banking support for defence-sector ecosystems, MSMEs, agriculture and priority-sector lending.
September 7, 2026
Show AI Summary
Rupee exchange-rate movement reflected crude oil pressures, domestic equity weakness, foreign inflows, and a softer dollar.
Foreign-exchange market conditions resulted in the rupee closing weaker against the US dollar after initial support from foreign currency deposit inflows. Rising crude oil prices and weakness in domestic equity markets weighed on sentiment and offset support from a softer dollar and foreign investor equity purchases. Future movement may remain influenced by foreign inflows, crude oil prices, domestic market conditions, geopolitical tensions and inflation data.
September 7, 2026
Show AI Summary
Surrogate advertising allegations challenge notices targeting brand ambassadors and raise jurisdiction and hearing concerns for product promoters.
Challenge to surrogate advertising allegations concerns notices requiring brand ambassadors promoting Vimal Elaichi to prove that it differs from prohibited pan masala, halt promotions, and remove digital materials. The product promoter contests the notices because they were addressed only to the actors, it was not heard, and the regulator allegedly lacked jurisdiction to stop the advertisements. Territorial jurisdiction to entertain the challenge is also contested.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

Oppn MPs flag concerns over railway safety, claim rail budget no record breaking but failed budget

March 17, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Mar 17 (PTI) The opposition on Monday slammed the Railway Ministry in the Lok Sabha, saying that making Instagram reels will not help the public behemoth which is on a "ventilator" due to poor management of the government.

Participating in a debate on the Demands for Grants under the control of the Ministry of Railways for 2025-26, several MPs flagged the issue of rail safety and claimed the government had tried to cover up the stampede incident at the New Delhi railway station.

Congress member Varsha Gaikwad disputed the claims that the rail budget was a "record-breaking" measure and asserted that it was a "failed budget".

She slammed the railways' handling of the stampede at the New Delhi station last month, contending that the officials were busy saving the government instead of engaging in rescue efforts.

"Officials were busy hiding details of the stampede. Financial help was handed out in a hurry in the middle of the night and the reason for the stampede has not come to light," Gaikwad said.

BJP member Janardan Sigriwal said the budget has allocated Rs 2.65 lakh crore -- the largest allocation ever -- to the railways which will help in strengthening the basic infrastructure, modernising stations and trains, and improving passenger safety.

He said Rs 32,235.24 crore has been allocated for laying new rail lines while Rs 4,550 crore has been assigned for gauge conversion.

However, Gaikwad alleged that the revenue of the railways was falling and making (Instagram) reels would not help the public transporters in any way. According to her, the Railways was the only one in the race and it still stands at the runner-up position and not the top.

She alleged that the rail Kavach system, developed to prevent accidents, was being used by the minister to protect himself and not passengers and the trains. She said he continues in office despite a series of accidents under his watch.

Participating in the debate, Trinamool Congress MP Satabdi Roy said no amount of compensation would bring back those killed in rail accidents. The imposition of cancellation charges on tickets was "torture" for passengers, she added.

Samajwadi Party's Lalji Verma claimed that Finance Minister Nirmala Sitharaman has not increased the budget for facilities in trains. The MP from Uttar Pradesh's Ambedkar Nagar said facilities at stations need to be improved along with the punctuality of trains.

Trinamool Congress MP Kalyan Banerjee flagged the issue of railway safety and said 351 people died and 970 were injured in 200 consequential railway accidents between 2020 and 2024.

"In 2024 alone, 29 consequential train accidents occurred due to derailments, collisions, fires and level-crossing errors, resulting in 17 deaths and 81 injuries, including major accidents," he said.

Raising the issue of declining passenger amenities, the TMC MP said the allocation for this has been falling. The CAG has raised concerns over poor hygiene and the quality of food served by the railways, he said.

About manpower shortage, Banerjee said 20,000 posts of loco pilots and assistant loco pilots are lying vacant, putting pressure on the existing lot.

Congress member Kumari Selja said, "The main concern is the issue of railway safety. The entire nation is concerned about it. The number of accidents is on the rise and it appears that the budget has stagnated. The Railway Safety Fund has been allocated just Rs 2,000 crore. How can this take care of safety?" BJP member Shankar Lalwani said the government has stepped up electrification of railways. The entire rail network will be electrified very soon, he said.

"During the 10 years of UPA, only 5,588 km of tracks were electrified, but under the NDA rule, 44,199 km of tracks have been electrified. This is a nearly 10-fold increase in electrification," Lalwani said.

He said facilities are improving across the rail network.

New coaches are being built, new Vande Bharat trains have started and Vande Bharat sleeper trains will be launched soon, Lalwani said, adding renewable energy is also being used in railways.

Sachithanantham R of the CPIM demanded the allotment of more funds for the KAVACH system in the interest of passenger safety.

Two Opposition MPs questioned the government's priorities and the rationale behind selecting the Mumbai-Ahmedabad corridor for the country's first bullet train and asked the Centre to prioritise other regions as well.

Congress MP Harish Chandra Meena, from Tonk-Sawai Madhopur, raised concerns about the project's focus, arguing that the railways are a national asset meant to serve the entire country.

Meena criticised the choice of the Mumbai-Ahmedabad route and also highlighted the extensive existing infrastructure connecting the two cities.

Rajeev Rai of the Samajwadi Party also questioned the government's regional focus. He urged the government to consider air traffic patterns from other major cities before making such significant investments.

"Before running a bullet train between Mumbai and Ahmedabad, take a look at the air traffic and fares between Varanasi and Delhi, Lucknow and Delhi, or Patna and Delhi. People in these regions also deserve improved facilities," Rai said.

Naresh Mhaske, a Shiv Sena MP from Maharashtra's Thane, defended the project and highlighted its ambitious scope.

"It is the forward-thinking vision of the NDA alliance that the country's first bullet train will pass through Thane on its way to Mumbai. For this, (construction of) the nation's first undersea tunnel between Mumbai and Thane has also begun," Mhaske said.

National Conference member Aga Syed Ruhulla Mehdi said democracy says to listen to people, but in Jammu and Kashmir, people get what they don't want.

"We want our orchards not the Pahalgam and Shopian railway line. It will ruin our business and identity," Mehdi said. PTI NAB ASK DP UZM SKU NSD NSD

Topics

Acts Income Tax