Just a moment...

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 characters0/2000
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.
RelevanceDefaultDate
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
❯❯
MaximizeMaximizeMaximize
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 SummariesHide All Summaries
    August 5, 2026
    Show AI Summary
    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
    Show AI Summary
    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
    Show AI Summary
    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
    Show AI Summary
    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
    Show AI Summary
    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
    Show AI Summary
    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
    Show AI Summary
    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
    Show AI Summary
    Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
    Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
    August 5, 2026
    Show AI Summary
    Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
    The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
    August 5, 2026
    Show AI Summary
    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
    August 5, 2026
    Show AI Summary
    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
    Show AI Summary
    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
    Show AI Summary
    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
    Show AI Summary
    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
    Show AI Summary
    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
    Show AI Summary
    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
    Show AI Summary
    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters

      IBSAT 2025, an MBA/PGPM Entrance Exam for 9 campuses of ICFAI Business School, opens July 1, 2025

      July 1, 2025

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      HYDERABAD, India, July 1, 2025 /PRNewswire/ -- IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education (The IFHE), Hyderabad — a Deemed University. With remote proctoring, it can be taken from the comfort of one's home. The test assesses a candidate's skills in Quantitative Techniques, Data Interpretation, Data Adequacy, Vocabulary, Analytical Reasoning, and Reading Comprehension.

      Getting into a good B-school is the first step toward a rewarding management career. At ICFAI Business School (IBS), the selection process is designed to identify not just academic performers but also those with the potential to lead, innovate, and collaborate. Here's a quick overview of how the IBS Selection process works: Candidates with valid scores in CAT, NMAT by GMAC™, XAT, or GMAT™ (from 2023 onwards) are exempted from taking IBSAT 2025. However, taking IBSAT 2025 will make them eligible for a ₹2 lakh scholarship. In both circumstances, the candidates have to fill in the IBSAT 2025 application form to proceed further.

      IBSAT 2025 scores, as well as valid scores from the above national-level tests, are accepted for admission to the following programs: • MBA program at IBS Hyderabad, IBS Bangalore, IBS Dehradun, and IBS Jaipur • PGPM program at IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, and IBS Pune Eligibility Criteria MBA/PGPM: 2-Year Management Program • Graduation (any discipline) with 50% and above marks, with English as the medium of instruction.

      • Applicants must have completed at least 15 years of education (10+2+3 or 10+2+4 basis).

      • Candidates not meeting the English medium criterion must submit TOEFL/ NELT/ IELTS scores by May 31, 2026.

      • Final-year students are eligible to apply, provided they complete all graduation requirements (including practical exams, viva, assignments) before May 31, 2026.

      - Admission will remain provisional until they submit required academic proof.

      - Last date for submission of graduation documents: November 1, 2026.

      • Eligibility verification will begin from August 2026. It is the candidate's responsibility to ensure they meet all criteria.

      PhD Program in Management (Full-time / For Working Executives) Academic Requirements: • Graduation (any discipline) with 50% and above marks, with English as the medium of instruction.

      AND • Post-graduation (full-time) in any of the following, with 55% and above marks: - Management (Marketing/ Finance/ HR/ Operations) from a UGC-recognized university - Allied disciplines: Economics, Commerce, Psychology, Sociology, Public Administration, Statistics, Mathematics - Professional qualifications: CFA / CA / CWA / CS Note: Candidates admitted through non-management post-graduation or professional qualifications are required to complete first-year MBA courses before continuing in the PhD program.

      • Candidates not meeting the English medium requirement (at either graduation or post-graduation level) must submit TOEFL/ NELT/ IELTS scores by May 31, 2026.

      Selection Process Candidates shortlisted based on their scores in IBSAT 2025, or through CAT, NMAT by GMAC™, XAT, or GMAT™ (from 2023 onwards), will be invited for the selection process starting in the second week of February, 2026.

      The process includes two components: Micro Presentation and Personal Interview.

      Micro Presentation This part of the process is designed to assess a candidate's ability to think on their feet, organize their thoughts, and communicate effectively. Candidates will get 1 minute to prepare and 3 minutes to speak on a general topic assigned at random.

      Personal Interview The interview lasts about 5 to 7 minutes and is conducted by a panel that evaluates the candidate's attitude, clarity of thought, communication skills, awareness of current affairs, and overall readiness for a career in management.

      Admission decision Final selection is based on past academic performance, along with performance in the Micro Presentation and Personal Interview.

      IBSAT 2025 Important Dates Event Dates IBSAT 2025 Applications Open July 1, 2025 – 3rd week of December 2025 IBSAT 2025 Test Dates December 27–28, 2025 IBSAT 2025 Result 1st week of January 2026 Selection Briefings From 2nd–3rd week of January 2026 (70+ cities) Selection Process From 2nd week of February 2026 at IBS Hyderabad IBSAT 2025 Exam Pattern Section Title No. of Questions I Verbal Ability 50 II Reading Comprehension 30 III Quantitative Aptitude 30 IV Data Adequacy & Interpretation 30 Total 140 • Test Duration: 2 hours • No negative marking • No sectional time limits • Syllabus is broadly aligned with other national-level management entrance exams Scholarships worth ₹10 crore IBS offers merit-based scholarships for top performers in IBSAT 2025 (to be held on December 27–28, 2025).

      Eligibility Categories • Top rankers in IBSAT 2025 • Wards of IBS alumni • Physically challenged candidates • Wards of defence personnel (serving/retired from Army, Navy, Air Force, Paramilitary Forces) 500 scholarships of ₹2 lakh each are planned for the Class of 2028. The amount will be adjusted—₹1 lakh each—against the first and second term program fee instalments.

      Terms and Conditions 1. Candidates must appear and qualify in IBSAT 2025 (on December 27 or 28, 2025).

      2. Admission formalities, including fee payment and registration, must be completed on time.

      3. Scholarship amount will be adjusted against the program fee only.

      4. If a student withdraws, the scholarship amount will be deducted before any applicable fee refund.

      Mock Tests Free mock tests are available onibsindia.org.

      Mini mocks can be accessed via the official IBS mobile app.

      A National Mock Test Series with prize money will be held on: • 3rd Saturdays of August, September, October, November 2025 • 2nd Saturday of December 2025 Prizes include: Total 100 Prizes • 1st Prize: ₹1,00,000 • 2nd Prize: ₹50,000 • 3rd Prize: ₹25,000 • other prizes worth ₹5,000 each To register, visit NMT page.

      Campus Highlights • Over 30 years of experience in management education • 9 campuses follow the same pedagogy—case-based learning and a 14-week industry internship • Modern infrastructure with classrooms, libraries, labs, Bloomberg terminals, and SAP access • Placements consistently above 94% across all campuses • Highest International Package: ₹41.40 lakh • Highest National Package: ₹22 lakh • IBS Hyderabad Average Package: ₹9.82 lakh • For details:Placement Report • 75,000+ alumni, 40% in senior roles, 10% in international positions • IBS Hyderabad is AACSB accredited, NIRF Rank 39, Business Today Rank 22 To know more about life at the IBS Campuses, follow the social media links: IBS Ahmedabad, IBS Kolkata , IBS Bangalore, IBS Pune, IBS Mumbai, IBS Hyderabad, IBS Jaipur, IBS Gurgaon, IBS Dehradun and IBS Admission Office Fee Structure (2026–28) Campus Program Fee (2 Years) IBS Hyderabad ₹17,01,000 IBS Bangalore (IFHE Off-Campus) ₹13,05,000 IBS Ahmedabad ₹9,09,000 IBS Gurgaon ₹9,09,000 IBS Mumbai ₹9,09,000 IBS Kolkata ₹9,09,000 IBS Pune ₹9,09,000 IBS Jaipur ₹8,01,000 IBS Dehradun ₹7,02,000 How to Apply for IBSAT 2025 IBSAT 2025 is a single application process for admission to the 2-year full-time MBA/PGPM 2026–28 programs across all nine IBS campuses: • IBS Ahmedabad, Bangalore, Dehradun, Gurgaon, Hyderabad, Jaipur, Kolkata, Mumbai, and Pune Steps to Apply: Online: 1. Visit the official application portal 2. Fill in personal and contact details 3. Submit the application 4. Pay the application fee of ₹1800 After successful payment, applicants will receive login credentials through Email/SMS.

      In a week's time IBSAT 2025 official brochure will be dispatched to the applicant's address.

      Offline: 1. Visit the nearest IBS Information office 2. Fill in personal and contact details 3. Submit the application 4. Pay the application fee of ₹1800 Login credentials and the IBSAT 2025 official brochure is provided at the time of application.

      Contact Us ICFAI Business School Admission Office Plot No. 65, Nagarjuna Hills Punjagutta, Hyderabad - 500082 Telangana Ph: 040 - 23440963 (5 lines) Toll Free :1800 425 55 66 77 Email - [email protected] Visit: ibsindia.org Photo: Embedded Media Logo: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

      Topics

      ActsIncome Tax