Loading...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Rupee rises 15 paise to close at 95.81 against US dollar
    Xi to visit US from Sept 23 to 25 for talks with Trump; China calls it ‘milestone of historic significance’
    Supporting PM Modi's call, IIFL Finance's Mayank Sharma believes recycling household gold is the fastest way to cut import bill
    How will tribunals function if no infrastructure? SC directs Centre to identify amenities required
    India-New Zealand trade pact to come into force on Oct 20: Goyal
    China, US hold 'candid, in-depth' talks on tariffs, AI issues ahead of Xi-Trump meeting
    Rupee rises 24 paise to 95.72 against US dollar in early trade
    Advisory on use of version 3.3 of emSigner
    Conference on “Financing India’s Journey towards Viksit Bharat” concludes in New Delhi
    IICA’s Meet the Legend Programme Explores ‘PMLA–IBC Interface’
    IICA hosts important session on ‘IBC as an Evolving Law Through the Amendments’,.
    Trump used to slam China. Here's why he's now rolling out the red carpet for Xi
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
    Graft case: Kerl BJP chief alleges 'fixed match' between Congress, CPM
    India's FTAs opening new career opportunities for youth: PM Modi
    AutomationEdge Launched Assist-Edge at Global Fintech Fest 2026, Redefining How Enterprises Build and Scale Automation
    BC.GAME's BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates
❯❯
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 21, 2026
Show AI Summary
Rupee appreciation reflected lower crude oil prices, stronger domestic equities, and improved risk sentiment amid diplomatic expectations.
Rupee appreciation against the US dollar followed lower crude oil prices, improved global risk sentiment, positive domestic equity markets, and softer US Treasury yields. Dollar index strength, geopolitical developments, and possible increases in oil supplies remained relevant to currency movements. Market commentary anticipated a slight positive rupee bias if crude oil prices continued to ease, while renewed geopolitical tensions could weaken risk sentiment. Net foreign institutional investment and a decline in foreign exchange reserves also formed part of the market context.
September 21, 2026
Show AI Summary
Reciprocal tariffs and AI incident notifications frame bilateral talks on trade, security, technology and arms sales.
US sanctions legislation authorises the President to impose tariffs, including up to 100 per cent, on countries purchasing Russian oil and gas. China rejects tariffs directed at its Russian energy purchases and opposes unilateral sanctions and long-arm jurisdiction absent an international-law basis or a UN Security Council mandate. Washington and Beijing are also negotiating a reciprocal tariff-reduction framework covering products from both sides.
September 21, 2026
Show AI Summary
Gold recycling and financialisation can reduce import dependence by mobilising household holdings through exchange, credit and non-physical investment.
Organised gold recycling, responsible sourcing, gold loans and financialised gold products are identified as ways to reduce reliance on fresh gold imports. Exchanging old jewellery can meet retail demand from existing domestic holdings, while gold loans unlock credit without requiring households to sell their gold. Gold ETFs and digital gold permit exposure to gold's value without physical possession and may reduce physical import demand. Transparency, trust and supporting infrastructure are necessary to integrate household gold into an organised formal economy.
September 21, 2026
Show AI Summary
Tribunal infrastructure and member vacancies: amenities assessment and bench-level data collection address reduced sittings across company-law benches.
The Supreme Court required the Central Government urgently to identify, in consultation with the Tribunal President, infrastructural amenities needed by tribunal benches. The Principal Bench Bar Association was required to compile tabulated infrastructure data for every regional bench. At least 18 benches were asserted to conduct half-day sittings because of member shortages, against a sanctioned complement that remained unchanged despite expanded insolvency jurisdiction.
September 21, 2026
Show AI Summary
Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.
September 21, 2026
Show AI Summary
Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
Show AI Summary
Rupee appreciation in early trade reflects lower crude prices and stronger domestic equities despite dollar demand.
Rupee appreciation in early interbank trading saw the currency strengthen by 24 paise to 95.72 per US dollar. Lower Brent crude prices, gains in domestic equities and improved foreign fund sentiment supported the currency, while importer demand for dollars and broader US-dollar strength limited gains. Market commentary identified a broad near-term trading range, and foreign-exchange reserves declined because foreign-currency and gold reserves fell.
September 21, 2026
Show AI Summary
Digital signature compatibility requires updated signing software for newly issued tokens, while functioning existing certificates remain usable until expiry.
Digital-signature users with tokens issued on or after 21 September 2026 must install emSigner v3.3, while users whose existing certificates and tokens function normally may retain their current version. Version 3.3 supports existing tokens and is required where signing fails or certificates cannot be selected despite correctly installed drivers. Certificates downloaded to FIPS 140-2 dongles on or before that date remain valid until expiry; later renewal or fresh issuance generally requires FIPS 140-3 dongles, subject to specified exceptions.
September 21, 2026
Show AI Summary
Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
Development financing for Viksit Bharat is framed as a joint Union-State and private-sector task requiring higher savings and investment, fiscally resilient public finances, and mechanisms to mobilise private capital. Fiscal sustainability requires State-wise debt assessments and fuller disclosure of off-budget borrowings, guarantees, arrears and borrowings through State-owned entities. Public resources are expected to play a catalytic role in attracting private investment, supported by predictable rules, enforceable contracts, faster dispute resolution and stronger investment protections.
September 21, 2026
Show AI Summary
PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
The PMLA-IBC interface addresses reconciliation of insolvency resolution with anti-money-laundering enforcement where corporate debtor assets are attached during resolution. Section 32A is central to this interaction, although harmonised implementation remains challenging. The framework also considers money-laundering stages, hawala transactions, financial investigation, asset tracing, and evolving judicial approaches to aligning insolvency objectives with enforcement measures.
September 21, 2026
Show AI Summary
Evolving insolvency law relies on legislative amendments and regulatory mechanisms to respond effectively to changing market conditions.
Subordinate legislation and regulatory mechanisms are important tools for maintaining responsiveness within the insolvency framework. Regulations may be framed for provisions of the Code and for fulfilment of its purposes and objectives, enabling practical responses to emerging issues. The interaction between primary legislation, regulations and market developments supports continuing refinement of insolvency law in line with changing conditions.
September 20, 2026
Show AI Summary
Tariff policy and trade truce reshape bilateral engagement as rare-earth leverage limits coercive economic measures.
United States-China trade relations are being conducted through continued tariff policy, prior export restrictions, and a trade truce after escalating tariffs did not achieve their intended effect of changing Chinese economic conduct. China's concentrated supply of rare-earth inputs used in electronics provided negotiating leverage and contributed to the trade armistice. Indications that Chinese goods are routed through third countries to lessen tariff exposure qualify the decline in the bilateral goods imbalance. Continued tariffs have not constrained China's manufacturing expansion or its access to export markets.
September 20, 2026
Show AI Summary
Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
RBI required Latur District Central Cooperative Bank to remove directors considered ineligible for exceeding the ten-year maximum tenure applicable to district central cooperative bank directors. The action invoked director ineligibility under the Banking Regulation Act. Following a complaint and a court-directed timeline for regulatory action, RBI sought responses from the concerned directors, seven of whom resigned. An issue was raised over whether the tenure cap could apply retrospectively to appointments made before its stated commencement and whether it was being applied uniformly.
September 19, 2026
Show AI Summary
Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
Show AI Summary
Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
Show AI Summary
Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
Show AI Summary
PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
Show AI Summary
Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
Show AI Summary
AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
Show AI Summary
Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Will Mexico's judicial elections hurt democracy or make courts accountable?

May 29, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Mexico City, May 29 (AP) Mexicans will vote in the country's first judicial elections Sunday. The fiercely debated question is whether electing judges will deepen democratic decay or purge courts of rampant corruption and impunity.

The vote comes as power in Mexico has been increasingly concentrated in the popular president's office, and as organised crime wields significant political influence in many parts of the country. Critics worry that electing judges will weaken checks and balances on government and stack the courts in favour of the ruling party.

Judges and court staff previously earned their positions through merit and experience. Now the election has more than 7,700 candidates vying for more than 2,600 judicial positions, including on Mexico's Supreme Court. Hundreds more positions will be elected in 2027.

“We've never seen something like this before. What Mexico is doing is like an experiment, and we don't know what the outcome of it will be,” said Carin Zissis, director of the Council of the Americas' Washington office.

Mexico's ruling party overhauls the courts Mexico's judicial elections will pick judges across every level of government, an unprecedented situation globally.

Former President Andres Manuel Lopez Obrador led the push for the overhaul. The highly popular leader was long at odds with Mexican courts, which regularly struck down reform proposals and halted projects they called an overreach of executive power. Lopez Obrador went as far as publicly criticising judges in his press briefings.

Last September, after dominating presidential and legislative elections, his Morena party jammed the constitutional reform through congress. His ally and successor, President Claudia Sheinbaum, has continued to champion it.

The overhaul notably put limits on the Supreme Court's power to widely block presidential actions and laws, and set up a disciplinary tribunal for judges.

“The way I see it, the Supreme Court is going to once again become irrelevant, just like it was in the old days of authoritarian rule ... when its ability to monitor constitutionality was basically null,” said Rafael Estada, a constitutional historian.

Sheinbaum and Lopez Obrador have asserted that by popularly electing judges, they can root out corruption in the judiciary and bring the branch closer to the people.

“Who is going to choose the judges on the court now? The Mexican people. That's the big difference between what once was and what now is,” Sheinbaum said Monday as she called on Mexicans to vote.

“And that,” she added, “is democracy.” Many on the ballot won a lottery after being screened by committees made up of people from the three branches of government — two of which are controlled by the president's party. To qualify, candidates need a law degree, five years of professional experience, an essay and letters of recommendation from friends and colleagues.

Concerns about democratic decay The passage of the reform legislation sparked weeks of protests by judges and judicial staff, a sharp rebuke from the Biden administration and concerns by international investors, causing the Mexican peso to dip.

Opponents have called on Mexicans to boycott the vote, and the election is projected to have low turnout.

The opponents – former judges, legal experts, politicians and foreign observers -— say that battling corruption and impunity in the courts is not a bad idea. Most Mexicans agree that the judiciary is rife with corruption.

“The judiciary has a lot of scores to settle in this country,” said Georgina De la Fuente, election specialist with the Mexican consulting firm Strategia Electoral.

But critics say the ruling party is simply politicising the courts at an opportune moment, when Sheinbaum is highly popular.

Judicial candidates are not allowed to announce their party affiliation and are unable to accept party funds or hold major campaign events. A number of former Morena government officials and allies, however, have posted lists on social media of which ones to elect.

Mexico's electoral authority said Wednesday it also had investigated cases of physical guides handed out to potential voters in Mexico City and Nuevo Leon state, something it said could amount to “coercion.” “The way in which this reform was designed does not give people greater access to justice. It was designed to take control of the judiciary and blur the division of powers,” De la Fuente said.

Opening a 'Pandora's box' Others warn that the overhaul could open the judiciary to questionable judges and allow organised crime to further influence Mexico's justice system.

A number of candidates have raised eyebrows. Chief among them is Silvia Delgado García, a former lawyer for drug kingpin Joaquín “El Chapo” Guzman, who is running to be a criminal court judge in the northern border state of Chihuahua.

Critics “speak out of ignorance because whether or not I've represented some person doesn't transform you into that person,” she told the AP as she handed out campaign flyers to people crossing the border from Ciudad Juarez to El Paso, Texas.

“What I can promise you is I'll be an impartial judge,” she told some voters.

Watchdogs also say that last year's vote on the reform was rushed through, criteria for candidates wasn't always followed, the number of candidates was limited by a lottery and lower-court orders trying to keep the reforms from taking effect were ignored.

Zissis, of Council of the Americas, said the reforms could increase instability in the region at a time of rapid political change.

Mexico's government has been working furiously to talk US President Donald Trump down from tariff threats and meet demands by his administration to crack down on organised crime. At the same time, Trump has been locked in political fights with courts trying to block various actions.

The turmoil could hurt international investment in Mexico if investors believe their money is less secure, Zissis said.

“It feels like Mexico is opening a Pandora's box," she said. (AP) GRS GRS

Topics

Acts Income Tax