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–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
    Tata turf war spills over: Board reappoints Chandrasekaran, Trusts call it illegal
    Scale up fishing capacity in EEZ, target high-value species for export: Minister to fishermen
    FinMin allays fears of increase in cash transactions post UPI MDR levy: Sources
❮
❯
❯❯
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
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.
September 17, 2026
Show AI Summary
Board chair reappointment validity turns on mandatory nominee-director approval, amid separate listing-compliance and succession disputes.
Tata Sons' board reappointed its executive chairman by majority vote, but Tata Trusts contend that the resolution is void under the Articles of Association because both Trust-nominated directors must approve a chairmanship resolution. The dispute also concerns the effect of the chairman's earlier decision to step aside, an ongoing successor-selection process, and uncertainty over a nominee director's status following a failed general meeting. Separately, the rejection of Tata Sons' deregistration request has revived questions over compliance with the listing requirement applicable to an upper-layer non-banking financial company.
September 17, 2026
Show AI Summary
Deep-sea fishing access supports export-oriented harvesting of high-value species, with foreign-port high-seas landings recognised as exports.
Deep-sea fishing policy promotes expansion of fishing operations within India's Exclusive Economic Zone (EEZ) and on the high seas to increase fisherfolk income through exports of high-value species. High-seas catch classification has been altered so that fish caught on the high seas and offloaded at a foreign port are treated as exports rather than imports.
September 17, 2026
Show AI Summary
Merchant discount rate on eligible UPI payments places charges on merchants while preserving consumer protections and small merchant exemptions.
Merchant Discount Rate at 0.4 per cent will apply from October 15 to person-to-merchant UPI payments above Rs 2,000, payable by merchants and subject to a cap for high-value transactions. Individual transfers and most everyday merchant payments remain free, while eligible small QR-code merchants are exempt. Essential-service payments and capital-market transactions receive separate fee treatment, and a portion of MDR collections will support small-merchant UPI adoption.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Delhi Police busts 'Khilafat' terror module linked to Pakistan, 5 held in multi-state raids

September 11, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Sep 11 (PTI) The Special Cell of the Delhi Police has busted a Pakistan-handled pan-India terror module plotting to establish "Khilafat" in India by violent means with the arrest of five radicalised men from different states and the seizure of arms, ammunition and bomb-making chemicals in coordinated raids across Delhi, Jharkhand, Telangana and Madhya Pradesh, officials said on Thursday.

In what investigators described as a major counter-terror breakthrough ahead of the upcoming festive season, the arrests have dismantled a pan-India network that was working to create an underground base for jihadist training.

All the accused, led by a 23-year-old postgraduate from Jharkhand, were allegedly planning to acquire land to establish secret training facilities with the ultimate objective of waging "Gazwa-e-Hind" -- a radical Islamist concept envisioning the conquest of India through "jihad".

"The terror operatives were in touch with a Pakistan-based handler who guided them through encrypted social media platforms, radicalising them with extremist content and instructing them to collect weapons, chemicals and ammunition components.

"The group's aim was not just to prepare improvised explosive devices (IEDs) but also to create a self-sustaining ecosystem for manufacturing arms and spreading radical propaganda," Additional Commissioner of Police (Special Cell) Pramod Kushwah told a press conference here.

He said the Special Cell conducted the operation in close coordination with the police forces and anti-terrorism squads of Jharkhand, Telangana, Karnataka, Maharashtra and Madhya Pradesh.

"We have arrested Ashhar Danish alias CEO (23), a resident of Jharkhand's Bokaro and the mastermind of the module, Aaftab Nasir Qureshi (25), a resident of Kalyan in Mumbai, Sufiyan Abubakar Khan (20), a resident of Mumbra in Maharashtra, Mohammed Huzaif Yaman (20), a resident of Narsapur in Telangana and Kamran Qureshi alias Samar Khan (26), a resident of Rajgarh in Madhya Pradesh," Kushwah said.

Police said the coordinated action prevented the expansion of the module and averted possible terror strikes at a time when crowded markets, religious gatherings and public celebrations are expected in the coming weeks.

The group was planning to acquire land for secret terror training to establish a Caliphate with the ultimate objective of Gazwa-e-Hind, police said in a statement.

Danish was arrested from Ranchi. From his rented room, IED-making components and chemical substances were seized. He admitted that he had procured arms, ammunition and explosives in pursuance of a criminal conspiracy to establish a Caliphate through violent means, the statement said.

He further revealed that he was receiving instructions from a Pakistan-based handler and was in constant communication with other module members, police said.

"This plan, if successful, could have provided the group with a physical hub to expand their activities beyond online radicalisation," a source in the Special Cell said.

Sharing details about the arrest, Kushwah said the first breakthrough came on September 9, when a trap was laid near the Theme Park adjoining the Hazrat Nizamuddin railway station in Delhi and two suspects -- Aaftab Qureshi and Sufiyan Khan -- were intercepted while allegedly carrying two semi-automatic pistols (.32-bore) and 15 live cartridges. They were immediately arrested.

"Subsequent raids on September 10 in Ranchi, Thane, Bengaluru, Nizamabad and Rajgarh led to the arrests of the other accused. The most significant seizure was from mastermind Ashhar Danish's rented room in Ranchi, where police found chemicals, ammunition components and equipment for fabricating IEDs.

"Danish reportedly admitted to procuring arms, ammunition and explosives as part of a conspiracy to establish a Caliphate through violent means," the officer said.

Another accused, Mohammed Huzaif Yaman, a pharmacy student, was arrested from Nizamabad. He confessed to conducting experiments related to arms and ammunition under Danish's guidance. Kamran Qureshi, arrested from Rajgarh, revealed that he came into contact with Danish through social media groups, where speeches of clerics such as Tariq Masood, Tariq Jameel, Zakir Naik and Israr Ahmed were circulated to spread extremist propaganda.

Police said they have seized two semi-automatic pistols (.32-bore) and 15 live cartridges, a country-made firearm (.315-bore) and one live cartridge, one air gun (.22-bore), copper sheets, steel hollow pipes, ball bearings, all used in IED fabrication, chemical substances including sulphuric acid, nitric acid, sodium bicarbonate and sulphur powder, laboratory equipment such as weighing machines, beaker sets, safety gloves, respiratory masks and pH value checker, four knives, Rs 10,500 in cash, laptops, mobile phones and electronic circuits with diodes and motherboards.

They described the haul as significant, pointing out that the combination of chemicals, components and technical equipment indicated that the group had already advanced beyond mere planning to actual preparation of explosives.

Sharing profiles, police said born in Bokaro, Danish came from a middle-class family. His father is a practising lawyer and mother a homemaker.

A postgraduate in English from the Silli College in Ranchi, Danish reportedly became radicalised in 2024 after listening to online lectures of Israr Ahmad, a controversial cleric known for advocating Khilafat.

"To disguise his activities from surveillance, Danish created multiple social media profiles portraying himself as a company CEO, professor or NGO operator. He formed social media groups with up to 40 members where discussions revolved around the idea of establishing a Caliphate in India," Kushwah said.

The investigators said Danish personally procured sulphur for making gunpowder and copper plates for manufacturing cartridges. In August, he acquired a bullet and a country-made pistol to study as prototypes for weapons production.

Danish was also the central link connecting the others. He met Aaftab Qureshi and Izhar-Ul-Haq through social media, recruited Yaman via other social media platforms and added several members to radical online groups.

Aaftab Qureshi (25) studied up to Class 10 and assisted at his father's meat shop.

Active on social media, he started consuming radical content in 2020. His association with Danish was primarily online.

Sufiyan Abubakar Khan, 20, worked as a welder in Mumbra, police said. A school dropout after Class 5, he was introduced to extremist ideas by Aaftab Qureshi, who shared radical videos with him. On September 8, he accompanied Aaftab to Delhi to collect arms from a Mewat-based supplier.

Yaman, 20, was a third-year pharmacy student in Telangana, police added. Danish had persuaded him to believe that Muslims were facing "atrocities" in India and that an armed jihad was the solution, police said. He was tasked with learning the process of manufacturing firearms.

Kamran Qureshi alias Samar, 26, worked as a laboratory assistant and typist for advocates. He was introduced to radical social media groups, where he absorbed extremist ideology. He not only contributed funds but was also instructed to recruit more members and help acquire land for terror training.

The officer said the Special Cell was monitoring radicalised youngsters active on social media for months. Danish's activities came under suspicion as he was seen attempting to procure arms and chemicals from Delhi-NCR markets, agro-chemical shops and even online platforms. Discreet physical surveillance was mounted, with advance teams deployed across states.

Kushwah also said the Pakistan-based handler maintained contact with Danish and other module members through encrypted channels, encouraging them to prepare for an armed jihad and giving step-by-step guidance on weapon and IED fabrication.

Further interrogation of the arrested men is underway to trace their funding sources, identify other associates and determine the extent of the Pakistan-based handler's network in India, police added.

The investigators are also probing whether the group had already selected land for training camps and if more people were on the verge of joining it. PTI BM BUN RC

Topics

Acts Income Tax