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
❯❯
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 1, 2026
Show AI Summary
Personal guarantor insolvency: repayment plan stayed pending majority determination, with restraint on direct or indirect asset alienation.
Personal-guarantee insolvency proceedings involve a stay on implementation of a repayment plan because the earlier members' views did not produce a clear majority capable of taking effect. The personal guarantor has been restrained from directly or indirectly alienating assets pending further hearing. The dispute follows split views on approval of the plan, claim admission and voting, followed by a third-member opinion that did not resolve the absence of a determinative majority. Creditors dispute the proposed recovery, claim treatment and declared net worth relevant to the guarantees.
September 1, 2026
Show AI Summary
Rupee exchange-rate movement reflects portfolio inflows, growth data and possible central-bank support, while crude oil prices constrain gains.
Foreign-exchange market conditions strengthened the rupee by 28 paise to 94.94 against the US dollar, supported by domestic growth, controlled fiscal slippage and portfolio inflows. Possible Reserve Bank of India intervention was also identified as supportive. Higher crude oil prices, weak domestic equities and hawkish US monetary-policy signals were identified as constraints on further appreciation. Foreign investment flows, stronger-than-expected domestic growth and the fiscal-deficit position remained material factors affecting currency conditions.
September 1, 2026
Show AI Summary
Money-laundering probe into public service recruitment irregularities examines alleged question-paper leaks, selection manipulation, and laundering through purported CSR donations.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in Public Service Commission recruitment examinations. Allegations include question-paper leaks, manipulation of candidate selection, and illegal gratification for securing appointments of relatives and favoured candidates. Recruitment rules were allegedly amended to facilitate selection of relatives. Alleged proceeds of crime were collected in cash and routed through layered banking transactions, including through a family-controlled samiti presented as receiving corporate social responsibility donations for a non-existent college.
September 1, 2026
Show AI Summary
Personal guarantor settlement scrutiny intensifies as asset alienation is restrained pending review of a disputed creditor repayment proposal.
A five-member special bench found that no clear majority view existed under section 419(5) of the Companies Act and stayed the third member's order that had permitted the proposed recovery. Notices were directed to all parties, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. The dispute concerns approval of a personal guarantor's repayment proposal, treatment of guarantee claims, creditor voting support, assessment of the personal estate, and scrutiny of declared net worth.
September 1, 2026
Show AI Summary
Personal insolvency proceedings restrict property alienation while notices issue to parties in the debtor's case.
A five-member special National Company Law Tribunal bench hearing Subhash Chandra's personal insolvency matter issued notices to all parties and restrained him from alienating property directly or indirectly. The restraint applies during the continuing insolvency proceedings and concerns dealings with the relevant property. The procedural measure requires the interested parties to participate in the matter.
September 1, 2026
Show AI Summary
Aadhaar authentication alternatives enable eligible farmers with failed fingerprint verification to access loan-waiver benefits after identity verification.
Elderly farmers whose fingerprints cannot be captured for Aadhaar authentication may approach an Aaple Sarkar Seva Kendra with their Aadhaar card and bank passbook. Loan-account details are verified on the scheme portal before authentication is initiated. If authentication fails, the concerned tehsildar verifies identity using the Aadhaar card, bank passbook and 7/12 land record extract. Eligible farmers receive loan-waiver benefits directly in their bank accounts after authentication, identity verification and satisfaction of the scheme's eligibility criteria.
September 1, 2026
Show AI Summary
GST collection growth reflected higher domestic and import revenue, while increased refunds moderated net collections during August.
GST collections recorded year-on-year growth in August, with gross receipts reaching about Rs 2 lakh crore. Domestic transaction revenue increased to over Rs 1.37 lakh crore, while import-related revenue rose to Rs 62,604 crore. Refunds increased to Rs 31,795 crore, and net GST collections stood at Rs 1.68 lakh crore after refunds.
September 1, 2026
Show AI Summary
Personal insolvency repayment plan faces fresh hearing after a split bench prevents enforcement and restrains guarantor property transfers.
Personal insolvency proceedings were reopened before a five-member special bench after a split view on a repayment plan. As no majority view existed, including that of the third member, no final order was in force and the repayment-plan determination could not be acted upon. Notices were issued to all parties, including dissenting creditors, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. Dissenting creditors also challenged the repayment-plan determination before the appellate tribunal.
September 1, 2026
Show AI Summary
Equity market sentiment weakens as higher crude prices, geopolitical tensions and tighter monetary policy expectations curb risk appetite.
Equity-market sentiment weakened as higher crude oil prices, renewed US-Iran tensions, and expectations of prolonged tight US monetary policy reduced emerging-market risk appetite. The Sensex and Nifty declined, while domestic GDP growth above projections offered partial support. Weakness in several Asian markets, a lower US market close, and net foreign institutional equity sales reinforced cautious trading conditions.
September 1, 2026
Show AI Summary
Money laundering investigation triggers searches linked to alleged Public Service Commission irregularities, including premises of a former chief minister's assistant.
A money-laundering investigation under the Prevention of Money Laundering Act has led to searches at seven locations in Chhattisgarh in connection with alleged irregularities at the Chhattisgarh Public Service Commission. The search operation includes the premises of K. K. Chandrakar, personal assistant to former Chief Minister Bhupesh Baghel. The investigation remains at the search and inquiry stage.
September 1, 2026
Show AI Summary
Income-tax return filing: non-audit business and professional taxpayers use applicable forms by prescribed due dates.
August 31, 2026 was the due date for taxpayers having business or professional income who were not subject to audit. Such non-audit taxpayers may use ITR-3, ITR-4, ITR-5 or ITR-7, as applicable. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, while ITR-4 is intended for small and medium taxpayers. ITR-5 applies to firms, limited liability partnerships and cooperative societies, and ITR-7 applies to trusts and charitable institutions.
September 1, 2026
Show AI Summary
Gold smuggling enforcement targets transit abuse, concealed carriage, and border routes through coordinated seizures and arrests nationwide.
Intelligence-led enforcement against organised gold smuggling resulted in the seizure of over 42 kg of foreign-origin gold and around 10 kg of foreign-origin silver, collectively valued at more than Rs. 65 crore, and the arrest of 25 persons. Operations targeted networks using airport transit routes, airport personnel, land-border corridors, coastal routes, and domestic road transport. Gold was concealed in wax, compound, paste, raw-chain and bar forms, including through body concealment, internally secreted capsules, clothing, and specially created cavities.
September 1, 2026
Show AI Summary
Predictive consumption-expenditure framework will use household survey data to support poverty estimation, consumption analysis, and economic planning.
MoSPI and Thapar Institute of Engineering & Technology have entered into a memorandum of understanding for a research study to develop a predictive and analytical framework for monthly consumption expenditure in India. The study will use Household Consumption Expenditure Survey data to estimate Monthly Per Capita Consumption Expenditure at national and state levels, analyse household consumption patterns, and generate evidence relevant to poverty estimation and broader economic planning.
August 31, 2026
Show AI Summary
Personal insolvency repayment plans: conflicting views on binding dissenting creditors prompted reconsideration through an expanded adjudicatory bench.
National Company Law Tribunal constituted a five-member bench after conflicting views on a personal insolvency repayment plan left no majority position for a formal order. The central issue is whether creditor approval of the plan binds dissenting creditors and extinguishes their claims against the personal guarantor. One view preserved dissenting creditors' independent recovery rights, while another applied the creditor-approved plan uniformly to all creditors. Disagreement also concerns the Adjudicating Authority's power to examine the resolution professional's report of the creditors' meeting.
August 31, 2026
Show AI Summary
Personal insolvency repayment plans raise unresolved questions on dissenting creditors' rights and uniform extinguishment of claims.
Personal insolvency proceedings were referred for fresh adjudication because no majority emerged on the repayment plan. The Technical Member rejected the plan; the Judicial Member confined it to consenting creditors while preserving dissentents' recovery rights; and the Third Member approved it with uniform extinguishment of all creditors' claims. The dispute concerns whether creditor approval under section 115(1) binds dissenting creditors, the effect of section 79(2)(g), and the Adjudicating Authority's power to examine the Resolution Professional's creditors' meeting report.
August 31, 2026
Show AI Summary
Rupee exchange-rate support through suspected intervention and FCNR(B) inflows offset pressure from dollar strength and higher crude prices.
Rupee exchange-rate movement reflected a recovery from early losses to close stronger against the US dollar, amid market expectations of Reserve Bank of India support at lower trading levels. Pressure arose from higher US Treasury yields, possible US rate-hike expectations and a broad dollar rally. Suspected intervention, FCNR(B)-related foreign-currency flows and the special USD-INR forex swap facility supported sentiment, while rising crude prices, geopolitical supply risks and foreign institutional equity outflows remained adverse factors.
August 31, 2026
Show AI Summary
Income-tax return filing for non-audit business and professional taxpayers closes at midnight, requiring use of applicable forms.
Income-tax return filing for Assessment Year 2026-27 reaches its due date on 31 August 2026 for taxpayers having business or professional income who are not subject to audit. Such taxpayers may file the applicable ITR-3, ITR-4, ITR-5 or ITR-7. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, ITR-4 to small and medium taxpayers, and ITR-5 to firms, limited liability partnerships and cooperative societies.
August 31, 2026
Show AI Summary
Monthly fiscal accounts track receipt composition, expenditure allocation, tax devolution, interest payments, and major subsidy outgo through July.
Union Government monthly accounts through July 2026 record total receipts comprising net tax revenue, non-tax revenue and non-debt capital receipts, with tax devolution transferred to State Governments. Total expenditure is divided between revenue and capital expenditure. Revenue expenditure includes interest payments and major subsidies.
August 31, 2026
Show AI Summary
Personal guarantor insolvency distinguishes guarantee liability from borrower debt while creditor voting challenges question repayment-plan approval.
Personal insolvency proceedings concerning personal guarantees distinguish a guarantor's liability from the underlying borrowing entities' debts. Claims against the guarantor arise from guarantees furnished for loans obtained by Essel Group-associated entities, while the borrowers' repayment obligations remain enforceable and creditors may pursue corporate assets and securities. Dissenting lenders have challenged the resolution-plan voting process, alleging that family-linked associates or related parties should have been excluded from committee of creditors voting.
August 31, 2026
Show AI Summary
National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Data on ECB / FCCB for January 2013

March 7, 2013

Contents
Summary
Note

Note

-

Bookmark

Print

Print

 The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of January 2013.

Data on ECB/FCCB for the month of January 2013

 

I AUTOMATIC ROUTE*

 

ECB/ FCCB

Borrower

Equivalent Amount in USD

Purpose

Maturity Period (Appx)

1

ECB

LBR Hotels and Hospitality Services Pvt.

2,655,849

New Project

9 Years 1 Month

2

ECB

Fujitsu Ten Minda India Pvt. Ltd.

5,023,543

New Project

5 Years

3

ECB

Hetero Wind Power Limited

20,000,000

Power

11 Years 2 Months

4

ECB

ATC Tires Pvt Ltd.

25,000,000

New Project

9 Years 11 Months

5

ECB

Danieli India Limited

27,886,411

New Project

7 Years

6

ECB

IDFC LTD.

52,512,482

On-lending to Power

5 Years

7

ECB

AQ Mechanical & Electrical Manufacturing

1,386,880

New Project

8 Years 10 Months

8

ECB

Firmenich AromaticsPro(India) Pvt. Ltd.

3,000,000

Rupee Expenditure Loc.CG

3 Years 6 Months

9

ECB

Tsubaki Hoover India Pvt. Ltd.

2,550,000

New Project

5 Years

10

ECB

Greaves Cotton Limited

15,000,000

Modernisation

5 Years

11

ECB

Interlink Petroleum Ltd.

1,250,000

Expansion of activity

5 Years

12

ECB

Maschio Gaspardo India Pvt Ltd.

677,241

Import of Capital Goods

7 Years

13

ECB

MEP-OLBO India Private Limited

1,569,067

New Project

11 Years 1 Month

14

ECB

Essel Lucknow Raebareli Toll Pvt Ltd

46,000,000

Road

13 Years 10 Months

15

ECB

Sharon Bio-Medicine Ltd.

10,000,000

Modernisation

5 Years 8 Months

16

ECB

PTC India Financial Services Ltd.

29,825,027

Onward/Sub-lending.

12 Years 2 Months

17

ECB

TBEA Energy (I) Pvt Ltd.

40,000,000

New Project

8 Years 7 Months

18

ECB

Toyo Ink India Pvt. ltd.

968,665

Modernisation

5 Years

19

ECB

AMBA River Coke Ltd #

58,000,000

Modernisation

5 Years 2 Months

20

ECB

United Crane Components Pvt.Ltd.

100,000

Modernisation

9 Years 10 Months

21

ECB

Nilpeter India Pvt Ltd

133,533

Modernisation

6 Years

22

ECB

Yamaha Motor Electronics (I) Pvt Ltd.

4,505,420

Rupee Expenditure Loc.CG

5 Years

23

ECB

UNI VTL Precision Pvt Ltd.

818,254

Import of Capital Goods

5 Years

24

ECB

Koid India Pvt Ltd.

2,252,710

Rupee Expenditure Loc.CG

10 Years 5 Months

25

ECB

Zahoransky Moulds & Machines Pvt.Ltd

531,170

New Project

6 Years 1 Month

26

ECB

Haselmeier India Private Limited

929,547

New Project

5 Years 2 Months

27

ECB

Ballistic Safety Systems Teh. India Pvt. Ltd

265,585

New Project

5 Years 2 Months

28

ECB

Riddhi Siddhi Corn Process. Pvt. Ltd.

64,436,786

Modernisation

6 Years 11 Months

29

ECB

JMF Synthetics (I) Pvt Ltd.

337,907

New Project

5 Years 9 Months

30

ECB

Sanden Vikas Precision Parts Pvt. Ltd.

2,815,888

New Project

7 Years 2 Months

31

ECB

Sata Vikas India Pvt. Ltd.

597,566

Modernisation

6 Years

32

ECB

Rapsri Engineering Industries Ltd.

1,826,150

New Project

6 Years 8 Months

33

ECB

Rapsri Engineering Industries Ltd.

730,460

New Project

6 Years 8 Months

34

ECB

Kalyani Thermal Systems Ltd.

6,000,000

Import of Capital Goods

7 Years 2 Months

35

ECB

Piaggio Vehicles Pvt. Ltd.

19,918,865

Modernisation

3 Years 5 Months

36

ECB

Sanwa Synergy Holding India Pvt. Ltd

2,000,000

Import of Capital Goods

8 Years 3 Months

37

ECB

Worldwide Small Diamonds Manufacturing Pvt. Ltd.

1,475,000

Import of Capital Goods

5 Years 10 Months

38

ECB

J Kumar Infraprojects Limited

9,200,000

Import of Capital Goods

5 Years

39

ECB

Vedanta Aluminium Ltd.

45,150,000

Refinancing of earlier ECB

2 Years 6 Months

40

ECB

Kalyani Steels Limited

6,600,000

Modernisation

4 Years 7 Months

41

ECB

United Breweries Ltd.

20,000,000

Import of Capital Goods

3 Years

42

ECB

United Breweries Ltd.

25,000,000

New Project

6 Years 1 Month

43

ECB

Dhunseri Petrochem & Tea Ltd.

10,270,000

Redemption of FCCBs

7 Years 1 Month

44

ECB

Jubilant Oil & Gas Private Limited

7,000,000

Mining, Exploration and Refining

3 Years

45

ECB

Prettl Electronics India Private Limited

464,774

New Project

5 Years 4 Months

46

ECB

Sharp India Limited

2,916,427

Import of Capital Goods

4 Years 3 Months

47

ECB

Inox Air Products Ltd.#

10,000,000

Rupee Expenditure Loc.CG

6 Years 1 Month

48

ECB

Micro Precision Gear Technology (I) Pvt. Ltd.

1,104,643

New Project

5 Years 11 Months

49

ECB

Luminous PowerTechnologie Pvt Limited.

3,000,000

Modernisation

4 Years

50

ECB

Neutral Glass & Allied Industries Pvt. Ltd.

12,887,357

Modernisation

5 Years

51

ECB

Otter Controls India Private Limited

140,000

Rupee Expenditure Loc.CG

5 Years 2 Months

52

ECB

Luminous PowerTechnologie Pvt Limited.

7,000,000

Modernisation

4 Years

53

ECB

Igarashi Motors India Limited

4,980,000

Rupee Expenditure Loc.CG

4 Years 6 Months

54

ECB

Innovative Textiles Pvt. Ltd.

1,000,000

Modernisation

3 Years 2 Months

55

ECB

TP Vision India Private Limited #

2,157,877

Modernisation

5 Years

56

ECB

Tag Offshore Ltd.

10,000,000

Import of Capital Goods

9 Years 1 Month

57

ECB

Greenply Industries Ltd.

6,000,000

Modernisation

5 Years 2 Months

 

 

Automatic Route Total

637,851,085

 

 

* Based on Form 83 submitted for allotment of Loan Registration Number

# Clarification sought from the company for conformity with the end-use requirement, eligibility of the borrower and other parameter of ECB

 

II APPROVAL ROUTE*

1

ECB

Saint- Gobain Glass India Ltd

18,590,941

Rupee Expenditure Loc.CG

3 Years

2

ECB

BOC India Ltd.

102,248,881

Import of Capital Goods

7 Years 1 Month

3

ECB

Larsen & Toubro Limited

200,000,000

Refinancing of earlier ECB

7 Years 1 Month

4

ECB

Cargill India Pvt. Ltd.

50,000,000

Import of Capital Goods

9 Years 6 Months

5

ECB

Karnavati Aviation Pvt.Ltd

22,100,000

Import of Capital Goods

6 Years 11 Months

6

ECB

Export-Import Bank of India

750,000,000

Onward/Sub-lending.

10 Years 1 Month

7

ECB

Power Grid Corpn. of India Ltd

500,000,000

Power

10 Years 1 Month

8

ECB

Kalyani Steels Limited

5,000,000

Refinancing of rupee loans

3 Years 9 Months

9

ECB

Mann & HUmmel Fliter Private Limited

3,755,744

Import of Capital Goods

3 Years

10

ECB

Interglobe Aviation Limited

849,474,871

Import of Capital Goods

14 Years

11

ECB

Rural Electrification Corporation Ltd.

250,000,000

On-lending to Power

3 Years

12

ECB

Essar Steel India Limited

125,000,000

Refinancing of Rupee loans

10 Years 1 Month

 

 

Approval Route Total

2,876,170,436

 

 

 

 

Grand Total

3,514,021,521

 

 

 Ajit Prasad

Assistant General Manager

 Press Release : 2012-2013/1462

Topics

Acts Income Tax