Loading...

⚠ ✕
❮ Top
☎ Help
Draft upto 3 replies to a
tax notice — FREE 🎉 ✕

150 credits · 30 days

• Basic Search → 1 Credit
• Advanced Search → 3 Credits
• Drafter → 20 to extract + 25 per issue
(≈ upto 2-3 drafts on us)

Already used our earlier 20-Credit Demo?
You are still eligible for this new 150-Credit Demo.

Activate your FREE Demo →
☰
×

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
    GST Council to take a view on GST on UPI MDR: Sources
    K'taka Deputy CM Parameshwara rejects Opposition's allegation of 'bankruptcy'
    EOW registers case against businessman, 4 others for ''forgery, unauthorised transactions''
    India's Russian oil imports hold near 1.8 million bpd as Middle East fills gaps
    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
    MCA issues advisory - cautions public against high-return promises by non-compliant Nidhi Companies
    Banks likely to deploy excess liquidity over next few months amid strong credit demand: RBI Deputy Guv
    Assam Cabinet approves rules for compulsory registration of Muslim marriages
    The Indian Economy in an Ever More Volatile and Complex World - Special Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India at the 13t...
    Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26
    IIEST, Shibpur partners with TCS to launch state-of-the-art centre of excellence in AI
    AAP holds protest at GMADA office in Mohali as ED's searches continue
    CMRL ''payments'' to UDF, LDF leaders prevented Vigilance probe against Vijayan, claims Ker BJP
    US and China agree to extend trade truce by 2 months: Bessent
    DRI seizes around 21 kg foreign-origin gold worth Rs. 32 crore in crackdown on gold smuggling
    DRI seizes around 12 kg foreign-origin gold smuggled from Bangladesh worth Rs. 17 crore in a crackdown on cross border gold smuggling
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurates BRICS Heads of Tax Authorities Meeting in New Delhi
    DRI seizes 86 live Tokay Geckos in Assam in a crackdown on wildlife trafficking; two arrested
❮
❯
❯❯
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 24, 2026
Show AI Summary
Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
Show AI Summary
Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
Show AI Summary
Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
Show AI Summary
Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
Show AI Summary
Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
Show AI Summary
Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
Show AI Summary
Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
Show AI Summary
Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
Show AI Summary
FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
Show AI Summary
Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
Show AI Summary
Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
Show AI Summary
Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
Show AI Summary
Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
Show AI Summary
Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
Show AI Summary
Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
Show AI Summary
Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
Show AI Summary
Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
Show AI Summary
Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
Show AI Summary
BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
Show AI Summary
Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Segregating dreams from scrap: Seelampur's e-waste economy moves to shadows but doesn't stop

June 15, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Jun 15 (PTI) In the winding, congested alleyways of New Seelampur, a 500-foot stretch tucked deep inside east Delhi, life hums with the quiet rustle of wires, metal scraps, and fraying hopes.

Every household here seems tied to the business of e-waste -- a world where old computers, phones, fridges, and their innards are torn down, stripped, sorted, and sold.

But the story is no longer what it once was.

As India’s e-waste policy evolves and the gaze of enforcement agencies intensifies, the epicentre of one of the world’s largest informal e-waste markets has quietly dispersed, not collapsed, but fragmented and slipped into the shadows.

The business hasn’t ended, it has just moved -- to Loni, Muradabad, Meerut and smaller towns where it thrives away from the eyes of the regulators, the media, and digital scrutiny.

“The volumes have not really reduced. The business is still alive, but just not visible in Delhi anymore,” says Vinod, programme officer at Toxics Link, an environmental NGO.

“Two things are happening -- the market is moving out, and formal recyclers are taking some share, but the informal chain still dominates,” he adds.

During a recent visit to the New Seelampur slum, PTI witnessed how this once-bustling hub has morphed into a quieter but deeply embedded network.

As the reporter walked through the slum’s narrow lanes, nearly every doorway opened into a home where families were engaged in e-waste segregation.

In a dimly-lit 6x6 feet room, 50-year-old Saleema sat hunched over a knee-high mound of cables. Her fingers, bent with arthritis, sort wires from morning to night, guided only by a low-watt bulb dangling from the tin roof.

For 10 kg of wires, she earns Rs 50 -- slightly more if she finds slivers of copper.

A single mother -- her alcoholic husband vanished into irrelevance years ago -- Saleema supports her three children.

Her eldest son has been lodged in Tihar Jail for over a year on theft charges, still awaiting trial.

“I have been doing this for over 30 years. This is the only life I’ve known,” she says.

Next door, 19-year-old Shahheda sits outside her one-room home, her hands still hennaed from her wedding barely a month ago.

Married into this community from Muradabad, she’s no stranger to the trade. After making breakfast for her family, she joins her husband and in-laws, segregating wires.

“'Copper dekh rahe hain’... If we get a good amount, it helps us with daily expenses. It’s little, but it adds up,” she says.

Nearby, Sajid Khan’s family of five is also neck-deep in dismantling old electronics.

“'Pehle se kaam bahut kam ho gaya hai’. The buyers are there, but GST and high costs have driven things outside. It’s formalised now,” he says.

His daughter attends school in the morning and returns to help in the evening -- a pattern repeated in many homes here.

Twelve-year-old Sharmila (name changed) wants to become a doctor – and not just any doctor, but one who treats her neighbours, many of whom suffer from chronic ailments linked to toxic exposure.

“After school, I help my father,” she says shyly, as she picks apart an old mobile charger.

Her father, who did not wish to be named, is saving every rupee in the hope of breaking the cycle.

“We want to leave this behind,” he says.

On any given day, one might see an array of tasks being carried out here -- circuit boards being pried open, mobile phones separated into batteries, cases, and chips.

For Rs 80, a technician will strip an old phone into saleable pieces. In the makeshift shanties, traders examine CRTs from old monitors, polishing the glass to resell in rural markets. Impure copper sells for Rs 600 per kg; pure fetches up to Rs 800.

Each house is a microcosm of labour -- families bent over wires, children washing dismantled parts, mothers selling components to traders who come knocking. Yet, the total daily income rarely crosses Rs 500-Rs 1,000 per household.

“e-waste is processed in phases -- from collection to dismantling to material recovery -- and each stage generates economic value,” explains Vinod from Toxics Link.

“That’s why it survives. Every actor in the chain makes something, even if it’s meagre.” India's E-Waste (Management) Rules, 2022, was designed to tighten controls, making producers more responsible through extended producer responsibility (EPR). But the system still falls short.

“How laws are made is not very important but how implementation takes place is the key, and that is where the gap is between implementation and the role of the informal sector -- these are two serious gaps,” says Satish Sinha, associate director, Toxics Link, which works closely in the sector.

Only about 500,000 tonnes of e-waste were formally collected in 2021-22 -- out of more than 3 million tonnes generated.

And even though companies are mandated to send waste to the authorised recyclers, loopholes abound, says public policy analyst Dharmesh Shah.

“The rules fail to address the complexity of the ground reality, where informal actors-- scrap dealers, repair workshops, waste pickers-- continue to handle 95 per cent of this waste, in often unhealthy and unsafe conditions,” Shah says.

Major loopholes remain in the current policy framework: discarded electronics often circulate as second-hand devices or mix into metal scrap, bypassing official EPR routes entirely, Shah says.

"While the rules stipulate that only registered recyclers may handle e-waste, enforcement remains uneven. Producers can claim credits through registered partners, even if diverse waste streams never enter the formal system.

“As a result, large volumes of e-waste stay untraced-- undermining both environmental objectives and formal accountability," he says.

The imports of e-waste into India as second-hand goods further adds to the complication as there is no clear mechanism to differentiate between end-of-life products and genuinely refurbished items, he adds.

Today, the work of burning wires, once openly done in Seelampur, is carried out quietly inside homes or relocated to the satellite towns.

The Chinese-made wire stripping machines have replaced some manual labour, but not all. The actual dismantling -- sorting, stripping, burning -- is still largely done by hand. The traders now operate via phone calls, with less visibility.

"When companies float tenders, the bigger traders come into the picture. But the leftovers trickle down into this chain. Informal recyclers often buy the same scrap at a cheaper rate through back channels. Formal ones follow the rules -- at least on paper. But the informal economy is still deeply entrenched,” Vinod says.

New Seelampur’s e-waste business is no longer booming, but it hasn’t died. It has only decentralised -- faded into the alleys on the outskirts of Delhi.

Yet, its people remain caught between survival and the slow poison of wires. There’s resilience here, but also resignation.

“I don’t want this life for my daughter. But until I save enough money to move out, we keep pulling these wires apart," Sharmila's father says. PTI UZM ARI ARI

Topics

Acts Income Tax