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 ✕
🔎 Filters / Advanced Search ❯
TEXT

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
    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
    CCI approves acquisition of majority of the shares and voting rights in Volkswagen subsidiary Everllence SE by funds managed and/or advised by Bain Ca...
    CCI approves acquisition of 100% shareholding of FMC India by Crystal Crop Protection Ltd
    Commerce and Industry Minister Shri Piyush Goyal Arrives in Milwaukee, U.S. to Attend G20 Trade Ministers’ Meeting
    Monthly Review of Accounts of Union Government of India upto the month of August 2026 (FY 2026-27)
    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
    DRI busts pan-India gold smuggling network and seizes around 6.6 kg of foreign-origin gold worth more than Rs. 10 crore; 11, including a mastermind, a...
    CBN conducts anti-drug awareness programme for students under Mission Yuva Raksha for Nasha Mukt Bharat in Jaora, Madhya Pradesh
    CBN Rajasthan Unit seizes nearly four tonnes of contrabands in intensified enforcement operations across Rajasthan
    Union Minister of Commerce and Industry Shri Piyush Goyal Highlights Uttar Pradesh’s Growing Global Trade and Investment Opportunities
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on an official visit to Qatar from 27 to 29 September 2026
    USIBC bats for early conclusion of India-US trade deal
    Banks advise customers to complete essential transactions ahead of 3-day strike
    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
    Issuance Calendar for Marketable Dated Securities for October 2026-March 2027
    Government’s Borrowing Plan for the second half of FY 2026-27
    APEDA Facilitates Export of GI-Tagged Gulbarga Tur Dal from Karnataka to Maldives
❮
❯
❯❯
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 30, 2026
Show AI Summary
Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
Show AI Summary
Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
Show AI Summary
Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
Show AI Summary
Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
Show AI Summary
Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
September 28, 2026
Show AI Summary
Rules-based multilateral trade engagement supports bilateral agreement negotiations, enterprise opportunities, investment partnerships, and developing-country policy space.
India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.
September 28, 2026
Show AI Summary
Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
Show AI Summary
Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
Show AI Summary
Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
Show AI Summary
Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
Show AI Summary
NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
Show AI Summary
Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
Show AI Summary
Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
Show AI Summary
Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
Show AI Summary
Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
Show AI Summary
Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
Show AI Summary
Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
Show AI Summary
Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
Show AI Summary
Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
Show AI Summary
GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Trump fires 2 Democrats on Federal Trade Commission, seeking more control over regulators

March 19, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Washington, Mar 19 (AP) President Donald Trump fired two Democratic members of the Federal Trade Commission on Tuesday, intensifying efforts to exert his administration's control over independent agencies across the government.

Commissioners Alvaro Bedoya and Rebecca Kelly Slaughter said they'd been dismissed illegally and would sue to block Trump's order. They also said they consider themselves still part of the FTC, though whether they will still have access to their offices and logistical tools like email going forward was unclear.

Removing Bedoya and Slaughter could free up space on the five-member FTC for new commissioners loyal to Trump and his priorities and policies.

The White House confirmed the dismissals. FTC Chair Andrew Ferguson, a Republican whom Trump designated for the role upon taking office in January, released a statement on X saying he had no doubts about Trump's “constitutional authority to remove Commissioners, which is necessary to ensure democratic accountability.” The FTC is a regulator created by Congress that enforces consumer protection measures and antitrust legislation. Its seats are typically comprised of three members of the president's party and two from the opposing party.

Commissioners are appointed by the president and confirmed by the Senate. They serve seven-year terms that are staggered to prevent multiple vacancies at once.

The ousted commissioners pointed to past Supreme Court rulings that sought to solidify the body's independence and only allowed commissioners to be removed for cause.

“The president just illegally fired me. This is corruption plain and simple,” Bedoya, who was appointed in 2021 by President Joe Biden and confirmed in May 2022, posted on X.

He added, "The FTC is an independent agency founded 111 years ago to fight fraudsters and monopolists” but now “the president wants the FTC to be a lapdog for his golfing buddies.” The White House countered late Tuesday night that other Supreme Court rulings affirmed the president's “unrestricted” power to remove "executive officers who had been appointed by him.” Slaughter was first appointed to the FTC during Trump's first administration in 2018, and served as its acting chair in 2021. Biden renominated her for a second term in February 2023. Slaughter said in her statement that the "law protects the independence of the Commission because the law serves the American public, not corporate power.” “Removing opposition may not change what the Trump majority can do, but it does change whether they will have accountability when they do it," she wrote.

In 1935, the Supreme Court held that the president couldn't fire leaders of independent agencies without cause. Otherwise, the agencies would become more political and less independent.

While that restriction was eroded in a subsequent decision that came in 2020, it has largely remained in place.

The firings will likely intensify the legal fight around key questions about the extent of presidential powers — battles that could have consequences for other independent agencies, including the Federal Reserve. But the Trump administration has so far been undeterred in its push to expand a president's ability to remove such officials at will.

The president used a previous executive order to give the White House more control over the FTC and other regulators, including the Securities and Exchange Commission and the Federal Communications Commission.

On a subsequent conference call with reporters, Bedoya noted that the FTC was engaged in cases involving tech giants and drug companies and predicted that the move will help powerful corporations while meaning higher prices for consumers.

“Who does this attempt to remove us help?” Bedoya asked. “Who it helps is billionaires. And I think it opens the door for corruption and for (a) law enforcement apparatus controlled, not by the law, but by money.” Slaughter said on the same call that she and Bedoya were informed at the end of the day about Trump's action and that no specific reason was given for the dismissals.

“We are not going to go," Slaughter said. "And we certainly are not going to go quietly.” She added, "Markets should be worried.” “This is a sign that the guardrails are coming off the protections for freedom and fairness in our economy," Slaughter said. “And it is a sign that honest businesses should be worried about corruption permeating markets.” The issue of Trump asserting greater influence is particularly fraught for the Federal Reserve, an institution that has long sought to protect its independence. Economists and financial markets broadly support an independent Fed because they worry a politicized version would be more reluctant to take unpopular steps to fight inflation, such as raise interest rates.

Trump has signaled he will let Fed chair Jerome Powell serve out his term, which ends May 2026. Yet he threatened to fire Powell in 2018 when Powell raised interest rates, a move that can often slow growth.

The dismissals of Bedoya and Slaughter follow the Trump administration removing several years worth of online “business guidance” blogs published by the FTC under the Biden administration. According to various snapshots from the Internet Archive, more than 350 blog posts published on the agency's website were taken down as of Tuesday.

The removed blog posts covered a wide range of information, from steps the FTC was taking to prevent harms of AI-enabled voice cloning to an explanation of its lawsuit against Amazon's Prime subscription program. Blog posts published between 2010 and 2017, under Obama, are still up on the agency's website.

Nidhi Hegde, executive director of the American Economic Liberties Project, an advocacy group that opposes monopolistic practices, said Bedoya and Slaughter's dismissals were “illegal and void.” “Independent agencies like the FTC exist to enforce the law as written by Congress and protect the public interest," Hegde said in a statement. “Not to be gutted at the whim of a president.” Minnesota Sen. Amy Klobuchar, the only Democrat on both the Judiciary and Commerce committees, called the dismals “a blatantly illegal act." “It is another unconstitutional power grab. I'm glad you're suing,” Klobuchar said on the conference call with Bedoya and Slaughter. "In the end, I strongly believe that you will win and you will be reinstated as commissioners." (AP) NSA NSA

Topics

Acts Income Tax