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
☰   Show Results ❯
    Release of the Annual Survey of Industries (2024-25) results
    5th Kautilya Economic Conclave to be held in New Delhi from 3 to 5 October 2026 under the theme “Resilience in an Age of Flux”
    CCI approves the acquisition of certain equity share capital in IndiaFirst Life Insurance Co. Ltd. by BNP Paribas Cardif
    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
    CCI approves acquisition of majority of the shares and voting rights in Volkswagen subsidiary Everllence SE by funds managed and/or advised by Bain Ca...
    CCI approves acquisition of 100% shareholding of FMC India by Crystal Crop Protection Ltd
    Commerce and Industry Minister Shri Piyush Goyal Arrives in Milwaukee, U.S. to Attend G20 Trade Ministers’ Meeting
    Monthly Review of Accounts of Union Government of India upto the month of August 2026 (FY 2026-27)
    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
    DRI busts pan-India gold smuggling network and seizes around 6.6 kg of foreign-origin gold worth more than Rs. 10 crore; 11, including a mastermind, a...
    CBN conducts anti-drug awareness programme for students under Mission Yuva Raksha for Nasha Mukt Bharat in Jaora, Madhya Pradesh
    CBN Rajasthan Unit seizes nearly four tonnes of contrabands in intensified enforcement operations across Rajasthan
    Union Minister of Commerce and Industry Shri Piyush Goyal Highlights Uttar Pradesh’s Growing Global Trade and Investment Opportunities
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on an official visit to Qatar from 27 to 29 September 2026
    USIBC bats for early conclusion of India-US trade deal
    Banks advise customers to complete essential transactions ahead of 3-day strike
    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
❮
❯
❯❯
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
October 1, 2026
Show AI Summary
Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
Show AI Summary
Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
September 30, 2026
Show AI Summary
Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.
September 30, 2026
Show AI Summary
Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
Show AI Summary
Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
Show AI Summary
Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
Show AI Summary
Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
Show AI Summary
Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
September 28, 2026
Show AI Summary
Rules-based multilateral trade engagement supports bilateral agreement negotiations, enterprise opportunities, investment partnerships, and developing-country policy space.
India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.
September 28, 2026
Show AI Summary
Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
Show AI Summary
Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
Show AI Summary
Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
Show AI Summary
Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
Show AI Summary
NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
Show AI Summary
Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
Show AI Summary
Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
Show AI Summary
Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
Show AI Summary
Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
Show AI Summary
Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
Show AI Summary
Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Jan Suraaj's poll debacle puts spotlight on political '€˜startups'€™ that failed to become 'unicorns'

November 16, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Nov 16 (PTI) The debacle of Prashant Kishor's Jan Suraaj party in the Bihar assembly elections has put the spotlight on the phenomenon of several such political 'startups' sprouting in the crowded political battleground but very few becoming 'unicorns'.

While the Jan Suraaj may be the latest to bite the dust, there have been other parties that created a strong buzz but failed to succeed at the hustings such as actor-turned-politician Kamal Haasan's Makkal Needhi Maiam, which drew a blank in the 2021 Tamil Nadu assembly polls.

Going forward, all eyes are now on the Tamilaga Vettri Kazhagam (TVK), founded last year by actor-turned-politician Vijay. The party has created a strong buzz and with several political 'startups' formed by movie stars doing well in the past in the South, there are high expectations from it in the Tamil Nadu assembly polls next year.

Former Congress leader and political analyst Sanjay Jha said political 'startups' find it difficult to get going as ideological clarity takes time to accomplish, and claimed that India has become more conservative, less risk-taking, and ossified by conversations on traditionalism.

There are very small 'startup' parties as well such as the Plurals party in Bihar headed by Pushpam Priya Choudhary. Her party has contested two consecutive assembly polls in Bihar but drew a blank in both.

Then there are small parties that have limited ambitions and survive in pockets such as Jitan Ram Manjhi's Hindustani Awam Morcha (Secular) and Upendra Kushwaha's Rashtriya Lok Morcha.

In Uttar Pradesh, there are parties like NISHAD Party, Peace Party, Apna Dal (Sonelal) and Suheldev Bharatiya Samaj Party (SBSP).

In India, parties keep getting formed and disappear after a poor showing at the hustings, hardly creating any buzz. But this cannot be said about Kishor's Jan Suraaj because it created more than a splash, with many predicting that it could emerge as the next Aam Aadmi Party (AAP) in the Bihar polls.

However, the media euphoria around it proved to be a mirage as the party was decimated at the hustings and failed to open its account in any of the 238 seats it contested.

According to the Election Commission, most of the Jan Suraaj candidates secured less than 10 per cent of the total votes polled and had their deposits forfeited.

Barring exceptions, parties in India that have gained a foothold are broadly characterised into three categories -- arising out of a movement, built around a household name, personality or a dynasty, and developed around a social or religious group or a specific ideology.

Kishor was a known personality but not like the ones that have succeeded in the past with most being movie stars or established politicians who broke away from their parent parties.

If one looks at the political landscape of the country, there are six national parties -- BJP, Congress, Bahujan Samaj Party (BSP), Communist Party of India (Marxist) (CPM), National People's Party (NPP), and AAP.

While the Congress arose from the freedom movement, the BJP arose from an ideology and gained from the Ram Janmabhoomi movement.

The CPI(M) was built around ideology, the NPP was formed by a known politician who broke away from his parent party, the BSP was built around a social group and the AAP emerged from the India Against Corruption movement.

Very few political 'startups' have done well since the rise of the regional Telugu Desam Party (TDP) in 1982 and that too was formed on the popularity of movie star N T Rama Rao.

Parties that have emerged as regional powerhouses after that such as West Bengal's Trinamool Congress, Biju Janata Dal in Odisha and AIMIM in Telangana have gained due to a known political figure who broke away from the parent party (Mamata Banerjee) or due to dynastic goodwill (Naveen Patnaik and Asaduddin Owaisi). Though AIMIM was formed much earlier, it gained popularity under Owaisi.

Other parties such as Lok Janshakti Party (Ram Vilas), NCP (SP) and Shiv Sena (UBT) are also examples that fall in either of the two categories -- breakaway factions or dynastic goodwill.

The Viduthalai Chiruthaigal Katchi (VCK) was built around a movement for the protection of Dalits and has had limited success in Tamil Nadu.

Sanjay Kumar, a psephologist and former director at the Centre for the Study of Developing Societies (CSDS), does not believe in the notion that political 'startups' work more in the South than the North but stated that it depends on specific factors.

"I feel you need a backdrop against which a new party is formed. One is, if your face is recognisable and you have a big personality. In the South, most of the examples are of movie stars. Your face should be absolutely recognised by the common people and not your work but your face. Second, the party formed against the backdrop of some movements for example the Aam Aadmi Party and the Assam Gana Parishad in Assam.

"The parties that have failed, including Prashant Kishor's party, don't fit into either of the two criteria. In the South, most of the parties that have been set up are by film stars, their face is recognised and that is why they have been more successful than some of the parties in North India," he opined.

Political analyst Sanjay Jha said that for a political 'startup', it is important to treat its debut as a semi-final and it is good not to live in a fool's paradise.

"Arvind Kejriwal is not the correct example: he was an outlier beneficiary of a high-profile 24x7 media-fuelled campaign, which was surreptitiously augmented by the RSS," he claimed.

In a crowded multipolar political ecosystem, the launch of a new ideology or entity struggles to get the prime time attention after the initial euphoria, he argued.

"... funds, right talent, operational planning and ideological clarity take time to accomplish. What makes matters more challenging is that the legacy status quoist political parties will go hammer and tongs at the new entrant, as it would invariably shrink their market share of votes.

"Thus, they have a huge incentive to ridicule and malign the new kid on the block as a surrogate of an existing behemoth," the former Congress leader said.

"I think Prashant Kishor followed the playbook brilliantly. But we must remember that under (Prime Minister Narendra) Modi, India has become more conservative, less risk-taking, and ossified by conversations on traditionalism," Jha alleged.

It is not easy to disrupt the political ecosystem because Modi would like a two-party structure, he claimed.

"It helps his case to see the destruction of regional aspirations and to limit his resources to just one pan-India alternative," Jha alleged.

The ruling NDA decimated the Mahagathbandhan in Bihar to retain power, dealing a body blow to the Congress and its ally RJD. The Jan Suraaj had a disappointing debut, drawing a blank. PTI ASK BJ DIV DIV

Topics

Acts Income Tax