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
    India's forex reserves drop by USD 4.924 billion to USD 780.782 billion: RBI data
    Govt eases sugar stockholding limit for bulk users to 30 days ahead of festive season
    25th Meeting of SCO Ministers Responsible for Economic and Foreign Trade Activities Held in Tajikistan
    India–Nepal Inter-Governmental Sub-Committee on Trade, Transit and Cooperation to Control Unauthorised Trade Meets in New Delhi
    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
    CGST Delhi South officers bust firm in fraudulent availment of ITC involving over Rs. 25.22 crore; proprietor arrested
    Net direct tax collection rises 13 pc to Rs 12.12 lakh cr till Sep 17 on higher advance tax mop-up
    Protean launches next-generation KYC Onboarding & Reporting Solution at Global Fintech Fest 2026
    Japan's central bank raises benchmark interest rate to 1.25 pc, highest in 31 years
    Net direct tax collection rises 13 pc to Rs 12.12 lakh cr till Sept 17 on higher advance tax mop-up
    SP Group backs Tata Sons listing, bolstering board's push despite Trusts' opposition
    Shapoor Mistry backs Tata Sons listing, calls it opportunity for greater accountability
    India Welcomes Passage of New Zealand Legislation to Give Effect to India-New Zealand FTA
    CCI approves acquisition of certain additional shareholding in Azure Power Global Limited by OMERS Infrastructure Asia Holdings Pte. Ltd.
    CCI approves acquisition of certain equity share capital of Great White Global Pvt Ltd by ISAF III Onshore Fund, India Special Assets Fund III, Specia...
    CCI approves acquisition of three professional cricket franchises: Rajasthan Royals (India), Paarl Royals (South Africa) and Barbados Royals (Barbados...
    India warns that Washington's Russia sanctions bill holds implications for bilateral ties, energy market
    Tata Sons in open revolt: Board reappoints Chandrasekaran, Trusts call it illegal
    Tata Trusts puts Rs 25,000 cr SP Group liquidity plan before Tata Sons board
❮
❯
❯❯
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 18, 2026
Show AI Summary
Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
Show AI Summary
Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
Show AI Summary
Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
Show AI Summary
Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
Show AI Summary
Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
Show AI Summary
Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
Show AI Summary
Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
Show AI Summary
Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
Show AI Summary
Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.
September 18, 2026
Show AI Summary
Direct tax collections reflect stronger advance tax payments, alongside increased corporate tax, securities transaction tax, and refund issuance.
Net direct-tax collections exceeded Rs 12.12 lakh crore through 17 September, reflecting 13 per cent growth following increased advance-tax receipts. Gross direct-tax collections exceeded Rs 14.32 lakh crore, while refunds exceeded Rs 2.20 lakh crore. Corporate-tax and non-corporate tax collections increased, as did Securities Transaction Tax collections. Advance-tax receipts exceeded Rs 5.22 lakh crore, comprising increased corporate advance tax and non-corporate advance tax payments.
September 18, 2026
Show AI Summary
Upper-layer NBFC listing compliance sharpens corporate governance conflict over public accountability, shareholder liquidity, and preservation of private ownership.
Tata Sons' status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.
September 18, 2026
Show AI Summary
Upper-layer NBFC compliance places Tata Sons on a listing-oriented path emphasising transparency, governance, shareholder visibility, and philanthropic continuity.
Reserve Bank of India rejection of Tata Sons' application to surrender its core investment company registration requires compliance with the upper-layer non-banking financial company regulatory framework. The resulting regulatory path is associated with public listing. Shapoor Mistry supports listing as a means to enhance transparency, shareholder visibility, and corporate governance accountability, while potentially clarifying the holding company's value and supporting a durable flow of value towards charitable activities without compromising Tata's philanthropic mission.
September 18, 2026
Show AI Summary
Duty-free market access will cover all covered exports upon entry into force under the bilateral free trade agreement.
Upon entry into force, the India-New Zealand Free Trade Agreement grants duty-free access in New Zealand for 100 per cent of Indian exports, including textiles and apparel, leather and footwear, engineering goods, pharmaceuticals, agriculture, and processed food products. It also provides enhanced preferential access to the Indian market for specified New Zealand exports. The Agreement further covers services, investment, professional, student and youth mobility, and cooperation in agricultural productivity, pharmaceuticals and medical devices, traditional medicine and AYUSH, technology, and trade facilitation.
September 18, 2026
Show AI Summary
Competition clearance for additional shareholding acquisition facilitates increased investment in Azure Power's renewable energy business by OMERS Infrastructure.
Competition approval has been granted for a proposed combination involving OMERS Infrastructure Asia Holdings Pte. Ltd.'s acquisition of certain additional shareholding in Azure Power Global Limited from CDPQ Infrastructures Asia Pte. Ltd. Azure Power Global Limited is the parent entity of the Azure group, which establishes and operates renewable energy plants and sells solar power in India.
September 18, 2026
Show AI Summary
Competition approval for interconnected acquisitions enables shared equity acquisition in Great White and sole control acquisition in ITVIS.
Competition-law approval covers an interconnected combination involving acquisition of 50% of Great White Global Private Limited's issued and paid-up equity share capital by EAAA Acquiring Entities and the Continuing Promoter group, through inter-connected steps using an acquisition special purpose vehicle that will merge into Great White. The combination also includes Mr. Mehul Shah's acquisition of sole control over ITVIS Innovations Private Limited.
September 18, 2026
Show AI Summary
Competition approval for acquiring three Royals franchises covers cross-border professional cricket franchise ownership interests and related transaction arrangements.
Competition Commission of India granted competition approval for the proposed combination involving Westview Cricket Limited and Poonawalla Sports and Fitness Private Limited acquiring the Rajasthan Royals, Paarl Royals and Barbados Royals professional cricket franchises. The franchises operate respectively in India, South Africa and Barbados, with Rajasthan Royals participating in the Indian Premier League T20 cricket tournament organised by the Board of Control for Cricket in India.
September 17, 2026
Show AI Summary
Sanctions bill permits punitive tariffs on oil and gas trading partners, raising energy-market and bilateral relationship concerns.
United States sanctions bill concerning Russia would authorize the President to impose sanctions on Russia and punitive tariffs of up to 100 per cent on nations importing Russian crude oil. The tariff mechanism may affect oil and gas trading partners, bilateral relations and global energy markets, with concern expressed over its implications for energy trade.
September 17, 2026
Show AI Summary
Secondary sanctions on Russian energy trade could expose major crude importers to punitive tariffs and economic pressure.
Congressional legislation targeting Russia and Iran would authorise sanctions against Russia's leadership, energy sector, and vessels facilitating evasion of oil-delivery restrictions. It would also permit punitive tariffs of up to 100 per cent on leading trading partners continuing to import Russian oil and gas. India has identified possible effects on bilateral economic relations and the international energy market, while maintaining that diversified sourcing is necessary for energy security and that its trade and economic interests will be protected.
September 17, 2026
Show AI Summary
Trust-nominated director consent shapes the contested chairmanship reappointment as regulatory classification renews pressure to consider a stock-market listing.
Validity of the reappointment is therefore contested under the company's internal governance framework despite the majority board vote, and the appointment is expected to be considered for ratification at the annual general meeting. The dispute also concerns the distinction between shareholder influence and directors' decision-making duties. A Trust sought to direct its nominee director to oppose a listing, but the director declined on the basis of independent director duties.
September 17, 2026
Show AI Summary
Selective capital reduction offers a proposed shareholder-liquidity route while preserving private-company status, subject to valuation and approval scrutiny.
Tata Trusts has placed before the Tata Sons board a framework for the Shapoorji Pallonji Group to monetise part of its Tata Sons shareholding without requiring a public listing. The transaction would be valued under Rule 11UA principles, completed in two tranches over 18 months, and require Tata Sons to commence a selective capital reduction process before the National Company Law Tribunal. Completion remains contingent on financing capacity, regulatory and tribunal approvals, and scrutiny of valuation, shareholder treatment, and the legal validity of the capital-reduction structure.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Trump has long warned of government 'deep state.' Now in power, he's under pressure to expose it

May 30, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New York, May 30 (AP) As he crisscrossed the country in 2024, Donald Trump pledged to supporters that voting him back into the presidency would be “our final battle.” “With you at my side, we will demolish the deep state,” he said repeatedly on the campaign trail. “We will liberate our country from these tyrants and villains once and for all.” Four months into his second term, Trump has continued to stoke dark theories involving his predecessors and other powerful politicians and attorneys — most recently raising the spectre of nefarious intent behind former President Joe Biden's use of an autopen to sign papers. The administration has pledged to reopen investigations and has taken steps to declassify certain documents, including releasing more than 63,000 pages of records related to the assassination of President John F. Kennedy. Yet many of Trump's supporters say it's not enough.

Some who take him at his word are beginning to get restless as they ask why his administration, which holds the keys to chasing down these alleged government secrets, is denying them the evidence and retribution they expected.

His Justice Department has not yet arrested hordes of “deep state” actors as some of his supporters had hoped it would, even as the president has been posting cryptic videos and memes about Democratic politicians.

“People are tired of not knowing,” conservative commentator Damani Felder said on podcaster Tim Pool's show last week. “We actually demand answers and real transparency. It's not that hard to deliver.” A promise to reveal and dismantle the 'deep state' Trump has long promised to dismantle the “deep state” — a supposed secret network of powerful people manipulating government decisions behind the scenes — to build his base of support, said Yotam Ophir, a communications professor at the University at Buffalo.

“He built part of this universe, which at the end of the day is a fictional universe,” he said.

Now that Trump is in power and has stocked loyalists throughout his administration, his supporters expect all to be revealed. Delivering on that is difficult when many of the conspiracies he alleged aren't real, said Joseph Uscinski, a political scientist who studies conspiracy theories at the University of Miami.

To be sure, the president has prioritised retribution in his second administration. He has fired federal workers, installed loyalists in key positions and targeted law firms he disfavours in executive orders. He has ordered the revocation of government security clearances for political rivals and former employees who dissented during his first term.

His Justice Department has fired prosecutors who investigated him and scrutinised career FBI agents who investigated the January 6, 2021, attack on the US Capitol.

Even so, Trump's administration hasn't gone as far as many of his supporters would like. They want to see steps taken against people he has long claimed were involved in sinister plots against him, such as former Secretary of State Hillary Rodham Clinton and former FBI Director James Comey. The administration also hasn't offered proof of the “ egregious crimes ” that Trump claims have corrupted the federal government for years.

Conspiracy theorists focus on Epstein and Trump's assassination attempt Tensions erupted this month when FBI Director Kash Patel and his deputy, Dan Bongino, dismissed two of the unsubstantiated conspiracy theories that have animated Trump's base the most — that financier and sexual abuser Jeffrey Epstein was murdered in a cover-up, and that Trump's attempted assassination in Butler, Pennsylvania, was a government plot.

“You know a suicide when you see one, and that's what that was,” Patel said about Epstein's death in a Fox News interview.

“I have seen the whole file,” Bongino added. “He killed himself.” Conservatives online demanded to see the evidence, pointing to Bongino's past statements as a podcast host, when he suggested the government was hiding information about Epstein.

“No matter who gets elected, you get the same foreign policy, you get the same economic policy, and the Epstein videos remain secret,” right-wing podcaster and former Fox News host Tucker Carlson said on his show.

“They told us for months leading up to the Election that it wasn't suicide," Newsmax host Todd Starnes wrote on X.. “But now they tell us it was suicide.” He added: “Pardon me, but what the heck is going on at DOJ?” Attorney General Pam Bondi said this month that FBI officials were poring through “tens of thousands” of videos related to Epstein and would make more materials public once they took steps to protect the victims.

In the same Fox News interview, Bongino and Patel said they had been briefed on the attempted assassination of Trump during a rally in July and there was no explosive conspiracy to be revealed.

“In some of these cases, the there' you're looking for is not there,” Bongino said.

Scepticism among 'deep state' believers Bongino appeared to try to throw a bone to Trump's base this week when he announced the agency would reopen some prominent cases that have attracted public interest.

He said the FBI would investigate the planting of pipe bombs found near the Democratic and Republican National Committee headquarters in Washington the day of the January 6, 2021, attack, the leak of the Supreme Court's Dobbs v. Jackson draft opinion in 2022 that overturned the constitutional right to abortion and the discovery of cocaine in the White House in 2023.

But it wasn't enough for everyone who weighed in on his X account.

“Anything to detract from the Epstein files,” one user replied to his announcement. “No results,” wrote another.

In an interview Thursday on “Fox & Friends,” Bongino teased that the FBI would soon release video captured outside Epstein's jail cell and materials related to Trump's attempted assassination.

He said he understands the public's demands for transparency but called for patience and noted not all information is the FBI's to declassify. That didn't satisfy everyone who wants answers to the conspiracy theories.

“I am convinced that the deep state can only be defeated by God at this point,” Philip Anderson, a right-wing influencer who participated in the riot at the Capitol, wrote Thursday on X. “Kash Patel, Dan Bongino, and Pam Bondi are completely useless.” Promoting conspiracy theories as a tactic to distract All the while, Trump has continued promoting conspiracy theories on his Truth Social platform and elsewhere.

He shared a video this month about mysterious deaths allegedly being linked to the Clinton family and an image of himself with former President Barack Obama with the text, “ALL ROADS LEAD TO OBAMA, RETRUTH IF YOU WANT MILITARY TRIBUNALS.” Ophir, the University at Buffalo professor, said it's a tactic that distracts Trump's base and helps inoculate him from criticism.

“When something good happens, it's because Trump is great and his agenda is brilliant,” Ophir said. “When something bad happens, it's because of the Obamas or the Clintons or whatever forces are undermining him from within Washington.” Trump this week fueled newer theories, without sharing evidence, that Biden's use of a mechanical device called an autopen during his presidency meant he didn't sign his executive orders willingly or that aides profited from controlling it. He has called for people who operated it to be charged with “TREASON.” The narrative has gained momentum on the right because of allegations that Biden's aides covered up his mental and physical decline. Presidents have used autopens for years to sign certain documents.

“Whoever used it was usurping the power of the Presidency, and it should be very easy to find out who that person (or persons) is,” Trump wrote on Truth Social.

At least one user of his platform was unimpressed and questioned why Trump and his allies, holding all the power, still didn't have any answers.

“IF IT'S EASY,” the commenter posted. “WHY HASN'T YOUR ADMINISTRATION FOUND THESE CRIMINAL'S ALREADY.” (AP) GSP

Topics

Acts Income Tax