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
    Sebi settles proceedings against five Adani group firms
    Explain why body of missing Delhi realtor cremated despite lack of identification: SC to police
    Security ecosystem for hub-and-spoke model flights strengthened to prevent lapses: Naidu
    Geely and Xinwei-Backed Cross-Era Leap Talent Development Program Welcomes Inaugural Class of 'AI Natives'
    ILCI® Hosts Grand Image Fiesta Season 4 in New Delhi, Honours 17 Achievers and Brings Global Dignitaries & Indusry Leaders Together
    DRI seizes over 845 kg contraband drugs at various locations in intensified crackdown on drug trafficking;
    Appeal to Employees of Public Sector Banks and Regional Rural Banks for Ensuring Uninterrupted Banking Services.
    Central Bureau of Narcotics and Brahma Kumaris sign MoU to strengthen preventive drug awareness, youth empowerment and community outreach.
    PROVISIONAL ESTIMATES OF INDEX OF CORE INDUSTRIES FOR THE MONTH OF AUGUST 2026, AND FINAL INDEX FOR THE MONTH OF JULY 2026 WITH BASE YEAR 2022-23.
    India-New Zealand FTA to Enter into Force from 20 October 2026
    Bengaluru customs arrest passengers for smuggling ganja, gold at airport
    Third-country goods routed via New Zealand into India won't get FTA duty benefits
    Govt urges bank employees to refrain from strikes, resolve issues through dialogue
    Ex-Punjab DIG Bhullar case: ED arrests 'middleman' Kirshanu Sharda for corruption
    RBI revises foreign currency deposit inflows under FCNR(B) upward to USD 133 bn
    CBI arrests 'absconding' IRS officer in Rs 40-lakh bribery case
    Haryana plans Rs 2,295-crore rural infra push
    IPL betting syndicate: ED arrests 'principal bookie' in Guwahati money-laundering case
    ED chargesheets EaseMyTrip promoter Nishant Pitti in Mahadev betting app case
❯❯
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 22, 2026
Show AI Summary
Related-party transaction disclosure compliance resolves adjudication proceedings concerning alleged listing and audit peer-review certification violations.
SEBI settled adjudication proceedings involving five Adani group companies concerning alleged non-disclosure of certain related-party transactions under listing regulations and the erstwhile listing agreement. The settlement also covered audit or limited-review reports signed by audit firms without valid peer-review certificates, with the entities collectively paying Rs 1.50 crore under the settlement terms.
September 22, 2026
September 22, 2026
Show AI Summary
Missing-person FIR registration requires immediate action, while police must account for unidentified-body cremation and missing CCTNS records.
Missing-person investigations require immediate FIR registration upon receipt of information, without a preliminary inquiry, with relevant kidnapping and trafficking provisions incorporated. A missing child must ordinarily be presumed kidnapped or abducted from the outset. Police accountability has been sought over cremation of an unidentified body linked to a missing person, delayed family intimation, and missing recovery details on the CCTNS portal. Recovered persons should undergo Aadhaar verification or enrolment to support identification.
September 22, 2026
Show AI Summary
Hub-and-spoke flight security requires strengthened controls after an immigration-processing lapse exposed risks in seamless international passenger transfers.
Hub-and-spoke international flight operations allow passengers to complete check-in, immigration and customs formalities at designated spoke airports before travel to a hub, then board onward international flights without repeat processing while baggage is transferred seamlessly. Security and immigration compliance have been strengthened after an onward passenger transfer occurred without completed immigration procedures. A show-cause notice, staff suspensions and a review of carrier checks and balances form part of the response.
September 22, 2026
Show AI Summary
Talent assessment beyond examination results supports early identification, industry immersion, and individualized development for emerging-technology students.
Candidate assessment extends beyond examination results to evaluate passion and ambition, critical thinking and vision, grit and resilience, and empathy and teamwork through a structured six-stage selection process. Each student follows an individualized pathway integrating academic preparation, industry exposure and practical challenges. Students engage with real-world code, production lines and active research projects, supported by academic and industry mentors and an AI-enabled platform that develops independent thought, sound judgment and applied problem-solving.
September 22, 2026
Show AI Summary
Women's empowerment and leadership shaped a national image-consulting platform for professional learning, collaboration, recognition and confidence-building.
ILCI Image Fiesta - Season 4 brought together image consultants, professionals and allied experts for knowledge-sharing, collaboration and recognition, with emphasis on women's empowerment, leadership, life skills and professional confidence. Colour Intelligence was unveiled, addressing colour science, psychology and its application to identity, communication, branding and personal image. Educational sessions and panel discussions covered professional presence, entrepreneurship, resilience, behavioural mastery and opportunities for women. The ILCI Image Excellence Awards recognised 17 professionals and organisations across image consulting, styling, beauty, wellness, leadership and related fields.
September 22, 2026
Show AI Summary
Narcotics trafficking enforcement targets concealed cross-border and domestic cannabis, cocaine, and amphetamine movement through seizures and arrests.
Enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 targeted drug trafficking through intelligence-led interceptions of cannabis, charas/hashish, cocaine and amphetamine consignments. More than 845 kg of contraband was seized across rail, road and airport transit points, with 15 persons arrested. Operations addressed cross-border and domestic movement, including concealment in clothing, baggage, commercial cargo, consumer-product containers and textiles, and extended to a receiver and organiser linked to amphetamine trafficking.
September 22, 2026
Show AI Summary
Five-day banking demand prompts continued dialogue as employees are urged to avoid strikes and maintain uninterrupted services.
Industrial-relations engagement addresses strike action seeking a five-day banking week and withdrawal of the Performance Linked Incentive scheme. The scheme has been kept in abeyance, while conciliation continues on the five-day workweek demand. Employees are urged to resolve issues through dialogue and maintain uninterrupted banking services. Workforce measures include revised pay scales, welfare benefits, streamlined recruitment and promotions, improved transfers, pension-related benefits, medical insurance, disability-related allowances, and early negotiations for the next Bipartite Settlement.
September 22, 2026
Show AI Summary
Preventive Drug Awareness Partnership establishes voluntary youth education, community outreach, and wellness activities without enforcement or policing functions.
The cooperative framework supports preventive drug-awareness campaigns, youth-empowerment initiatives and community outreach programmes through value-based education, awareness of harms associated with narcotic drugs and psychotropic substances, and information on counselling, recovery and treatment avenues. Activities include seminars, workshops, exhibitions, rallies, competitions and digital awareness initiatives, with focus on educational institutions, rural communities and youth. Activities remain voluntary, educational, inclusive and non-regulatory, and participating volunteers cannot perform enforcement, investigation or policing functions.
September 22, 2026
Show AI Summary
Core industry index growth is driven by electricity, cement, and iron ore despite contraction across coal, natural gas, and fertilizers.
The Index of Core Industries (ICI), using base year 2022-23, records a provisional overall index of 119.2 for August 2026, representing year-on-year growth of 4.8 per cent against August 2025. The July 2026 overall index has been finalised at 120.8 in place of its provisional value of 121.2, with the associated year-on-year growth revised from 5.4 per cent to 5.0 per cent. August 2026 data remain provisional.
September 22, 2026
Show AI Summary
Tariff liberalisation under the India-New Zealand FTA grants Indian exports duty-free access while protecting sensitive agricultural products.
From 20 October 2026, the India-New Zealand Free Trade Agreement applies duty-free treatment to all tariff lines covering Indian exports to New Zealand, while preserving exclusions for sensitive Indian agricultural products. Market access for New Zealand apples, kiwifruit, and Manuka honey remains subject to tariff rate quotas, minimum import prices, seasonal windows, and safeguards. Services commitments, mobility routes, investment facilitation, agricultural cooperation, and recognition of specified international inspection approvals form further components.
September 21, 2026
Show AI Summary
Airport smuggling enforcement targets concealed ganja and gold, leading to passenger interceptions and arrests under customs law.
Customs enforcement at Bengaluru airport involved interception and arrest of passengers allegedly attempting to smuggle hydroponic ganja and gold by concealing the goods in cabin baggage, other baggage, undergarments, or on the body. Cases involved arrivals from Vietnam, Bangkok, Kuala Lumpur, and Abu Dhabi. The Abu Dhabi gold-ornament case involved an arrest under the Customs Act.
September 21, 2026
Show AI Summary
Rules of origin prevent third-country transshipment from receiving preferential tariffs under bilateral trade arrangements between partner economies.
India-New Zealand free trade preferences apply only to goods satisfying Rules of Origin. Third-country goods routed through New Zealand cannot receive preferential Indian tariff treatment, as bilateral cumulation is confined to originating materials and goods of India and New Zealand. Sensitive sectors receive no duty concessions, while a bilateral safeguard mechanism addresses sudden import surges after duty elimination or reduction. Temporary Employment Entry, student mobility commitments, post-study work opportunities, and exemption from directly funded social-security contributions for temporary Indian residents form part of the services framework.
September 21, 2026
Show AI Summary
Banking service continuity is prioritised through dialogue as employee welfare measures and wage negotiations address outstanding demands.
Banking-sector industrial relations are addressed through an appeal to bank employees to avoid strike action and pursue outstanding demands through dialogue, in order to keep banking services uninterrupted. Most union concerns are considered substantially addressed, while a remaining demand continues to be examined. The demand for withdrawal of the Performance Linked Incentive scheme had been addressed by placing that scheme in abeyance following detailed discussions. Employee welfare measures, wage revisions, and negotiations for the forthcoming Bipartite Settlement are intended to support workforce welfare and banking-sector efficiency.
September 21, 2026
Show AI Summary
Money-laundering investigation addresses alleged use of a middleman to demand, receive, move and conceal corruption proceeds.
Money-laundering proceedings were initiated from corruption FIRs alleging that a middleman was used to demand and receive illegal gratification. Investigation concerns the alleged facilitation of receipt and movement of funds, supported by searches yielding cash seizure and freezing of financial accounts. Financial records and digital devices allegedly indicated unexplained deposits, investments, transactions involving the officer, and possible involvement of other public servants. The inquiry is tracing alleged proceeds of crime and the role of associated persons and entities.
September 21, 2026
Show AI Summary
FCNR(B) foreign-currency deposits use a swap facility to mobilise non-resident funds without direct rupee exchange-rate risk.
RBI's special USD-INR foreign-exchange swap facility mobilised foreign-currency inflows through FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. The FCNR(B) deposit window closed on 31 August 2026 after its mobilisation objective was achieved, while the facility remained available for the other two channels until 31 December 2026. FCNR(B) collections were revised upward to approximately USD 133 billion. Such deposits are fixed-term foreign-currency deposits with principal and interest repayable in the same currency, avoiding direct rupee exchange-rate risk for non-resident depositors.
September 21, 2026
Show AI Summary
GST bribery investigation concerns alleged illegal gratification sought to resolve quarry firm's tax and royalty proceedings.
GST-related corruption allegations concern an alleged demand for illegal gratification from a stone-quarrying firm to resolve GST and royalty proceedings. A Customs House Agent was apprehended in a trap operation while allegedly accepting the negotiated amount on behalf of a CGST Superintendent and an Additional Commissioner. Custody proceedings involved written communication of arrest grounds and intimation to relevant family members and advocates.
September 21, 2026
Show AI Summary
Rural infrastructure financing supports irrigation, roads, water supply, warehousing and micro-irrigation through structured lending and implementation oversight.
Haryana's 2026-27 rural infrastructure financing plan comprises six proposals for irrigation, roads, drinking-water supply and warehousing, with loan assistance proposed under the Rural Infrastructure Development Fund. Infrastructure Development Assistance has been sanctioned for the India International Horticulture Market, while further micro-irrigation proposals have been recommended under the Micro Irrigation Fund. Implementation oversight emphasises faster project execution and timely drawal claims, alongside borrowing approval and prospective support for water security, groundwater recharge, efficient irrigation and treated-wastewater reuse.
September 21, 2026
Show AI Summary
Money laundering allegations in illegal cricket betting prompted investigative custody and examination of suspected routing of betting proceeds.
Money-laundering investigation into an organised illegal cricket-betting syndicate concerns the alleged use of online platforms, encrypted messaging channels, and a principal bookie to solicit, accept, and settle bets. Betting-derived funds were allegedly routed through a partnership firm represented as non-operational, whose account recorded substantial corresponding credits and debits. Property and vehicle records, digital data, and statements under the PMLA are relied upon to allege the acquisition, possession, use, transfer, and projection of proceeds of crime as untainted property.
September 21, 2026
Show AI Summary
Money laundering allegations concern foreign portfolio investments, alleged share-price manipulation, attachment, and proposed confiscation of betting proceeds.
PMLA proceedings name Nishant Pitti in relation to allegations that proceeds from illegal online betting were introduced into Indian equity markets as foreign portfolio investments. The allegations attribute to him a role in facilitating and layering such proceeds through pre-arranged share-price manipulation involving Easy Trip Planners Ltd. Property action includes provisional attachment of his DEMAT shares, described as proceeds of crime, and a request for confiscation.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Cardinals attend final Mass at St Peter's Basilica before conclave to elect next pope

May 7, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Vatican City, May 7 (AP) With all the pomp, drama and solemnity that the Catholic Church can muster, 133 cardinals on Wednesday began the centuries-old rituals to elect a successor to Pope Francis, celebrating a morning Mass before opening the most geographically diverse conclave in the faith's 2,000-year history.

Hailing from 70 countries, the cardinals are being sequestered from the outside world, their cellphones surrendered and airwaves around the Vatican jammed to prevent them from all communications until they find a new leader for the 1.4 billion-member church.

Francis named 108 of the 133 “princes of the church,” choosing many pastors in his image from far-flung countries like Mongolia, Sweden and Tonga that had never had a cardinal before.

His decision to surpass the usual limit of 120 cardinal electors and include younger ones from the “global south” — those often marginalised countries with lower economic clout — has injected an unusual degree of uncertainty in a process that is always full of mystery and suspense.

Many hadn't met one another until last week and lamented they needed more time to get to know one another, raising questions about how long it might take for one man to secure the two-thirds majority, or 89 ballots, necessary to become the 267th pope.

“Wait and see, a little patience, wait and see,” said Cardinal Mario Zenari, the Vatican's ambassador to Syria as he arrived for the final day of pre-vote discussions.

'A final Mas, then All out' The cardinals began the day by participating in a final pre-conclave Mass in St. Peter's Basilica. The dean of the College of Cardinals, Giovanni Battista Re, celebrated the Mass, which is meant to pray for cardinals to find the wisdom, counsel and understanding to elect a worthy new shepherd.

Wearing bright red vestments, the cardinals processed down the central aisle of the basilica as the Sistine Chapel's boys' choir sang. They took up their seats around the main altar, which lies above the traditional burial place of St. Peter, considered to be the first pope.

Re, 91, had presided at Francis' funeral, delivering a heartfelt sermon recalling history's first Latin American pope and the reforming 12-year papacy he oversaw.

At 4:30 pm (1430 GMT) the cardinals walk solemnly into the frescoed Sistine Chapel, chanting the meditative “Litany of the Saints” and the Latin hymn “Veni Creator,” imploring the saints and the Holy Spirit to help them pick a pope.

Once there, they pledge to maintain secrecy about what is about to transpire and to not allow “any interference, opposition or any other form of intervention” from outsiders to influence their voting.

Standing before Michelangelo's vision of heaven and hell in “The Last Judgment,” each cardinal places his hand on the Gospel and swears to carry out that duty "so help me God and these Holy Gospels, which I touch with my hand.” The awesomeness of the chapel's frescoes, and Michelangelo's in particular, is meant to remind the cardinals of the weighty responsibility they bear.

In his regulations for the conclave, St. John Paul II wrote that in the Sistine Chapel, “everything is conducive to an awareness of the presence of God, in whose sight each person will one day be judged.” After the cardinals take their oaths, a senior cardinal delivers a meditation. The master of papal liturgical ceremonies, Archbishop Diego Ravelli, calls out “Extra omnes,” Latin for “all out.” Anyone not eligible to vote then leaves and the chapel doors close, allowing the work to begin.

The cardinals don't have to take a first vote on Wednesday, but they usually do. Assuming no winner is found, the Vatican said black smoke could be expected out of the Sistine Chapel chimney at around 7 pm.

The cardinals retire for the night and return Thursday morning. They can hold up to two ballots in the morning and two in the afternoon until a winner is found.

While cardinals this week said they expected a short conclave, it will likely take at least a few rounds of voting. For the past century, it has taken between three and eight ballots to find a pope. John Paul I — the pope who reigned for 33 days in 1978 — was elected on the third ballot. His successor, John Paul II, needed eight. Francis was elected on the fifth in 2013.

Lobbying ahead of the conclave While the cardinals are supposed to resist any “secular” influences in their choice, such lobbying abounded in Rome in the days before the conclave as various groups reminded cardinals of what ordinary Catholics want in a leader.

Young Catholics penned an open letter reminding cardinals that there is no church without young people, women and the laity. Conservative Catholic media slipped cardinals copies of a glossy book containing their assessments of contenders.

Survivors of clergy sexual abuse warned cardinals that they would be held accountable if they failed to find a leader who will crack down on decades of abuse and cover-up.

Advocates for women's ordination were sending pink smoke signals over the Vatican to demand that women be allowed to be priests.

Challenges facing a new pope There are any number of challenges facing a new pope and weighing on the cardinals, above all whether to continue and consolidate Francis' progressive legacy on promoting women, LGBTQ+ acceptance, the environment and migrants, or roll it back to try to unify a church that became more polarised during his pontificate. The clergy sex abuse scandal hung over the pre-conclave talks.

Since Francis chose 80 per cent of the voters, continuity is likely, but the form it might take is uncertain.

As a result, identifying front-runners has been a challenge. But some names keep appearing on lists of “papabile,” or cardinals having the qualities to be pope.

— Cardinal Pietro Parolin, 70, is a leading Italian, by nature of his office. He was Francis' secretary of state, the Vatican No. 2, so known to every cardinal.

— Filipino Cardinal Luis Tagle, 67, is a top candidate to be history's first Asian pope. He had a similarly high-profile job, heading the Vatican's evangelisation office responsible for the Catholic Church in much of the developing world.

— Hungarian Cardinal Peter Erdo, 72, the archbishop of Budapest, is a leading candidate representing the more conservative wing of the church. (AP) GRS GRS

Topics

Acts Income Tax