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    Bajaj Finance Acquires 5% Stake in TrueFan AI as part of Finserv Intelligence
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    CMRL case: ED writes to Keralam DGP seeking FIR against ex-CM Vijayan, daughter and son-in-law
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    UpTik Strengthens Strategic Advisory Board with Appointment of Mr. Rajaram and Mr. Bala Swaminathan
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September 8, 2026
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Strategic equity investment in AI video technology supports expanded enterprise automation, personalised communication, and startup innovation collaboration.
Bajaj Finance acquired a 5% equity stake in TrueFan AI through Finserv Intelligence, an applied research and innovation initiative supporting scalable technology enterprises. The investment follows existing use of TrueFan AI's platform for personalised customer engagement and dealer enablement. The parties intend to expand collaboration in personalised marketing, high-volume video generation, live-avatar assistance, multilingual communication, learning and development, and digital onboarding. The partnership combines equity participation with development of technological capabilities and long-term strategic value.
September 8, 2026
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Corporate share transaction validity was sustained after allegations of altered control and financial impropriety were rejected in prolonged proceedings.
The National Company Law Appellate Tribunal set aside the Tribunal's decision after considering historical corporate records and contemporaneous material, rejecting allegations of financial impropriety concerning the private placement and share transfers. It upheld the relevant corporate decisions and transactions. The Supreme Court declined to interfere with the appellate determination, concluding the prolonged challenge brought by Bhagwati Developers Private Limited.
September 8, 2026
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PMLA information-sharing enables a police FIR request over alleged bribery, sham consultancy payments, and suspected fund routing.
Enforcement Directorate used PMLA information-sharing powers to seek a police FIR over alleged bribery, sham consultancy payments, and laundering of funds linked to CMRL and Exalogic Solutions. The allegations concern purported payments for IT consultancy services, use of Exalogic Solutions as a corporate vehicle for routing payments, and alleged transfers of funds to Dubai. The investigation also draws on allegations of fictitious corporate expenditure that generated cash for unlawful payments.
September 8, 2026
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PMLA information-sharing in alleged consultancy payments enables police FIR registration and potential money-laundering proceedings thereafter.
Section 66(2) of the Prevention of Money Laundering Act permits the Enforcement Directorate to share criminal-investigation findings with law-enforcement agencies for registration of a fresh FIR or complaint. A police case registered on that information can form the basis for a PMLA case. In the reported investigation, FIR registration was sought on evidence gathered during the PMLA probe and searches concerning alleged consultancy payments.
September 8, 2026
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Governance and risk oversight gain focus as strategic advisers support institutional-grade alternative credit operations for MSMEs.
Strategic Advisory Board appointments add Mr. Rajaram and Mr. Bala Swaminathan to UpTik's advisory leadership for its invoice discounting and alternative credit operations. Their respective experience in structured finance, regulatory compliance, banking operations, treasury and institutional finance is intended to strengthen governance, risk oversight, compliance, credit-management frameworks and institutional partnerships. The appointments support expansion of transparent and responsible alternative credit access for MSMEs.
September 8, 2026
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Homebuyer claims and delayed possession require a comprehensive proposal, while frozen accounts remain unavailable for insolvency operations.
Proceedings concerning delayed real-estate projects require a fresh comprehensive proposal addressing possession, refunds, delayed-possession compensation, and enforcement-related claims of all homebuyers across the developer's group entities. An inadequate proposal may lead to appointment of a High-Powered Committee to assume relevant responsibilities. Frozen bank accounts remain under restraint, and a request by the Insolvency Resolution Professional to operate an account for company affairs was not entertained. The proceedings also raise concerns over enforcement of real-estate regulatory directions and protection of homebuyers facing prolonged delays.
September 8, 2026
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Crude oil price volatility heightens India's import, inflation and fuel-retailer margin pressures amid West Asia supply disruptions.
Elevated crude prices arising from West Asia supply and maritime-transit risks increase India's oil import costs and may pressure the trade balance and currency. Higher international crude prices can feed into domestic inflation through fuel, transport and energy costs, depending on domestic price pass-through and the duration of the increase. Retail fuel-price restraint may compress fuel-retailer margins and increase LPG under-recoveries. Refiners, distributors, airlines, petrochemical businesses and other energy-intensive sectors also face higher costs, particularly where crude, LPG and naphtha supplies depend on regional transit flows.
September 8, 2026
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Alternative investment fund private placements require eligible investors and governing offering documents, with market-risk and no-advice disclosures.
Alternative Investment Fund units are not offered through public solicitation. Subscriptions, purchases or dealings in units may occur only by private placement to eligible investors and on the terms of the relevant private placement memorandum and constitutive documents. The material is not investment advice or a recommendation concerning securities or companies. Securities-market investments carry market risk, and past performance does not assure future results. Category III fund management is also associated with investment-process assessment, risk governance and institutional infrastructure.
September 8, 2026
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PMLA information-sharing mechanism triggers requested corruption FIR based on alleged consultancy payments and suspected proceeds of crime.
The requested police case concerns allegations that CMRL made fraudulent payments to Exalogic Solutions, a now-defunct company, by representing them as consideration for IT consultancy services. The investigation also alleged generation of proceeds of crime by CMRL management and persons connected with the recipient company. Searches reportedly resulted in seizure of handwritten notes containing details of certain fund transfers to Dubai.
September 8, 2026
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PMLA information-sharing mechanism supports police FIR referral based on alleged CMRL-linked payments and investigation material.
PMLA information-sharing power under section 66(2) permits the Enforcement Directorate to transmit money-laundering investigation findings and material recovered through searches to a law-enforcement agency for consideration of a fresh FIR or complaint. An FIR registered on that basis may also support a PMLA case. Registration was reportedly sought in relation to alleged CMRL-linked bribery involving purported fraudulent consultancy payments and material said to record fund transfers to Dubai.
September 8, 2026
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Export-led growth in technology goods and autos widens trade imbalances amid tariffs, strategic supply constraints, and diversification.
China's export growth accelerated in August, driven by demand for automobiles and high-technology goods, while imports also rose and the trade surplus widened. Export growth continued to outpace imports, supported by expanded shipments to Southeast Asia, Latin America and Africa and by rising exports of electric vehicles, industrial machinery and semiconductors. Reliance on exports amid weak domestic consumption and investment contributed to concerns over global economic imbalances and continuing strategic trade tensions.
September 8, 2026
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Foreign-exchange intervention supports rupee stability amid elevated oil prices, geopolitical tensions, and shifting global market indicators.
Rupee depreciation in the interbank foreign-exchange market reflected elevated Brent crude prices, Middle East geopolitical tensions and weaker investor confidence. RBI dollar sales and foreign-currency inflows under special schemes supported range-bound currency trading despite external pressures. A softer dollar index, foreign institutional equity purchases, inflation data and the Federal Open Market Committee meeting were identified as relevant indicators for currency-market direction.
September 8, 2026
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Performance-linked incentives for public sector bank executives are kept in abeyance pending bipartite settlement and joint note discussions.
Implementation of the Performance Linked Incentive Scheme for Public Sector Bank executives is kept in abeyance for FY 2025-26 following employee concerns about its structure. The scheme will be considered during ongoing Bipartite Settlement and Joint Note discussions. Employee representatives also raised issues concerning ex-gratia benefits and medical facilities for retired employees. The concerns are to be addressed through dialogue, consultation and mutual understanding.
September 8, 2026
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Customs trade data show stronger export and import growth, driven by automotive and high-technology demand.
China's customs trade indicators for August record export growth of 25% year-on-year, accelerating from July's 23.9% rate, supported by demand for automobiles and high-technology goods. Imports rose 28.2% year-on-year, up from July's 27.5% growth. Higher import and export values produced a trade surplus of $119.1 billion, widening from $112.5 billion in July.
September 8, 2026
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Money-laundering searches of media-linked premises prompted allegations of political vendetta, while investigators cited suspected funding and circulation irregularities.
Enforcement Directorate searches at premises linked to a Rajya Sabha member and an Urdu daily were undertaken in connection with a money-laundering investigation. The investigation arose from a police FIR and concerned allegations of material promoting communal disharmony, unaccounted cash transactions, suspicious funding, overstated circulation figures to secure government advertising, and advertising-linked funding connected with a Dubai-based entity. The political party disputed the action, alleging political motivation and targeting of a media voice.
September 8, 2026
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Money-laundering investigation into alleged Valmiki Corporation fund diversion includes renewed questioning and scrutiny of related irregularities.
Money-laundering investigation concerning alleged misappropriation of Karnataka Maharishi Valmiki Scheduled Tribes Development Corporation Limited funds involved further recording of a former minister's statement under the Prevention of Money Laundering Act. The inquiry follows earlier questioning, arrest, grant of bail and filing of a chargesheet over alleged fund-transfer irregularities. The former minister denied involvement, characterised the matter as bank fraud, and stated that no documents were sought during the inquiry.
September 7, 2026
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Aadhaar-based learning licence authentication faces challenge over age verification, identity safeguards, and compliance with prescribed licensing formalities.
Aadhaar-based online processing of learning and driving licence applications is challenged on the ground that Aadhaar is not valid proof of age and that reliance on Aadhaar details may enable issue of licences to underage applicants. Allegations that licences were issued using a deceased person's Aadhaar number and despite an obscene uploaded photograph raise identity-verification and security concerns. The Union and State maintain that Aadhaar alone does not result in licence issuance because prescribed formalities must also be completed.
September 7, 2026
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Digital payment transparency for religious institutions supports direct trust-account donations, reconciliation, and technology-led banking services.
Digital donation collection facilities for temples and religious establishments include kiosks, Bharat Bill Payment System payments and UPI QR-code payments. Donations may be credited directly to the relevant trust account, supported by transaction reconciliation and digital records to improve transparency and ease of transactions. Technology services also cover municipal dues payments and property-tax assessment, alongside banking support for defence-sector ecosystems, MSMEs, agriculture and priority-sector lending.
September 7, 2026
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Rupee exchange-rate movement reflected crude oil pressures, domestic equity weakness, foreign inflows, and a softer dollar.
Foreign-exchange market conditions resulted in the rupee closing weaker against the US dollar after initial support from foreign currency deposit inflows. Rising crude oil prices and weakness in domestic equity markets weighed on sentiment and offset support from a softer dollar and foreign investor equity purchases. Future movement may remain influenced by foreign inflows, crude oil prices, domestic market conditions, geopolitical tensions and inflation data.
September 7, 2026
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Surrogate advertising allegations challenge notices targeting brand ambassadors and raise jurisdiction and hearing concerns for product promoters.
Challenge to surrogate advertising allegations concerns notices requiring brand ambassadors promoting Vimal Elaichi to prove that it differs from prohibited pan masala, halt promotions, and remove digital materials. The product promoter contests the notices because they were addressed only to the actors, it was not heard, and the regulator allegedly lacked jurisdiction to stop the advertisements. Territorial jurisdiction to entertain the challenge is also contested.

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November 19, 2025

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New Delhi. Nov 19 (PTI) Following are the top stories at 5 PM NATION CAL23 BH-NDA-NITISH (4.47 PM) Nitish Kumar elected as leader of NDA in Bihar Patna: JD(U) supremo Nitish Kumar was chosen leader of the NDA in Bihar during a meeting of newly elected MLAs of the alliance partners here on Wednesday, state minister Shrawon Kumar said.

DEL21 NIA-LD GANGSTER (2.49 PM)

Deported gangster Anmol Bishnoi lands in Delhi, arrested by NIA New Delhi: The National Investigation Agency (NIA) on Wednesday arrested the brother and close aide of dreaded gangster Lawrence Bishnoi, Anmol Bishnoi, upon his deportation from the US to India, officials said.

DEL31 EC-SIR-VOTERS LIST (4.53 PM)

SIR Phase II: Nearly 99 pc enumeration forms distributed to electors in 12 states, UTs New Delhi: More than 50.35 crore of the nearly 51 crore electors in nine states and three Union territories have received enumeration forms under the ongoing Special Intensive Revision (SIR) of the electoral rolls, the Election Commission said on Wednesday.

DEL29 LAUNDERING-AL FALAH-LD CASE (4.25 PM)

Al Falah Group chairperson had reasons to flee India; Rs 415 cr tainted funds identified: ED New Delhi: A Delhi court on Wednesday sent Al Falah group chairperson Jawad Ahmed Siddiqui to ED custody for 13 days even as the agency claimed that he had "incentives" to flee India as his close family members are settled in the Gulf.

DEL22 JK-LG-LADAKH (3.16 PM)

LG admits discontent in Ladakh over ‘imbalanced’ representation in talks with Centre Jammu: Ladakh Lieutenant Governor Kavinder Gupta on Wednesday acknowledged that some people are unhappy with what they see as "imbalanced" representation in the ongoing dialogue with the Centre, but expressed hope that all issues would be resolved through discussions.

DEL25 CONG-KHURSHID-INTERVIEW (3.44 PM)

Delhi blast: Cong's Salman Khurshid seeks PM's answer in Parliament on 'lapse' New Delhi, Nov 19 (PTI) In the wake of the Delhi blast, senior Congress leader Salman Khurshid on Wednesday said the incident has put a "very serious question mark" on the government's security policy and demanded that Prime Minister Narendra Modi should answer on the "lapse" in Parliament soon. By Asim Kamal

CAL20 WB-MAMATA-LD- BLO DEATH (4.19 PM)

Mamata blames ECI for Jalpaiguri BLO's death; BJP hits back, family cites rising workload Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday tore into the Election Commission after a booth level officer in Jalpaiguri district was found hanging, alleging the "inhuman, unplanned" SIR workload is crushing field staff, even as the BLO's family flagged "unbearable pressure" and the BJP blamed state officials for the tragedy.

CAL17 BH-BJP-LD SAMRAT (2.35 PM)

Samrat Choudhary named BJP legislature party leader in Bihar Patna: Tarapur MLA Samrat Choudhary was on Wednesday named the leader of BJP legislature party in Bihar during a meeting of newly elected legislators, UP Deputy CM Keshav Prasad Maurya said.

MDS45 AP-SAI BABA-3RDLD-PM (4.34 PM)

Sathya Sai Baba's teachings showing light to lakhs in 140 countries, says PM Modi Puttaparthi (Andhra Pradesh): Prime Minister Narendra Modi on Wednesday paid rich tributes to late spiritual guru Sri Sathya Sai Baba, saying his teachings and service continue to guide lakhs of followers across the world.

LEGAL LGD22 SC-JUDICIAL OFFICERS-CAREER (4.32 PM)

SC refuses to grant quota for promotee judges in Higher Judicial Service New Delhi: The Supreme Court on Wednesday refused to grant quota for promotee judges in Higher Judicial Service (HJS), observing that there is no "common malady" of disproportionate representation which afflicts the country.

LGD21 SC-INDIABULLS (4.22 PM)

SC pulls up CBI, slams SEBI's 'double standards' over 'reluctance' to probe allegations against Indiabulls New Delhi: Questioning the CBI and SEBI's "reluctance" to probe allegations of "dubious transactions" against Indiabulls Housing Finance Limited (IHFL), now known as Sammaan Capital Limited, the Supreme Court on Wednesday ordered the agency director to hold a meeting with SEBI, SFIO and ED to look into the matter.

LGD19 SC-AIR POLLUTION (3.30 PM)

Air pollution: SC asks CAQM to consider directing NCR schools to postpone sports competitions New Delhi: The Supreme Court on Wednesday asked the Commission for Air Quality Management (CAQM) to consider directing schools in Delhi-NCR to postpone open air sports competitions planned in November and December to “safer months” keeping in mind air pollution levels.

BUSINESS DEL32 BIZ-RBI-UNAUTHORISED PLATFORMS (4.56 PM)

RBI updates 'alert list' of unauthorised forex trading platforms Mumbai: The Reserve Bank on Wednesday added 7 new names to its 'alert list' of unauthorised forex trading platforms, taking the total number to 95.

DEL27 BIZ-TRAI-BFSI (3.57 PM)

TRAI sets firm deadlines for BFSI entities to adopt '1600' series for service, transactional calls New Delhi: TRAI on Wednesday mandated clear deadlines for phase-wise adoption of dedicated '1600' numbering series to be used by regulated entities such as banks, NBFCs, mutual funds and others for making service and transactional calls, in a bid to curb impersonation-based financial frauds perpetrated through voice calls.

FOREIGN FGN41 BANGLA-JUDICIARY-SECURITY (3.35 PM)

Bangladesh’s HC orders committee to review of security measures for courts, judges Dhaka: Bangladesh High Court has ordered a review of security measures for courts and judges in view of sporadic, clandestine violence in the capital and elsewhere over the death penalty verdict against deposed prime minister Sheikh Hasina, a court official said Wednesday.

FGN35 BANGLA-POLITICS-NCP (1.41 PM)

Bangladesh EC registers NCP as political party, allots 'Shapla Koli' symbol New Delhi/Dhaka: The National Citizen Party (NCP), an offshoot of Students against Discrimination (SAD) that led last year's uprising which toppled Sheikh Hasina's government, has been officially registered as a political party in Bangladesh ahead of the February general election.

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