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August 17, 2026
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FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
August 16, 2026
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Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
August 16, 2026
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Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
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Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
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LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
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Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
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Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
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Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
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Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
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Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
August 15, 2026
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Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
August 15, 2026
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Energy self-reliance drives diversified fuel sourcing, expanded offshore exploration, and domestic capacity to reduce geopolitical supply vulnerability.
Energy security policy seeks to reduce exposure to geopolitical pressure and supply disruption caused by dependence on overseas fuel and strategic maritime routes. India is diversifying crude oil and LNG sourcing while strengthening domestic hydrocarbon production through offshore exploration, seismic surveys, exploratory drilling and shared infrastructure. Expanded access to sedimentary basins is intended to unlock domestic oil and gas resources. Wider piped natural gas coverage, solar generation, critical-mineral exploration, and nuclear and other non-fossil energy sources support the broader objective of energy self-reliance.
August 14, 2026
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Current account deficit widened as merchandise trade imbalance expanded, despite stronger services surplus, transfers, and positive capital inflows.
India's current account deficit widened in June 2026, principally because merchandise imports increased faster than exports and expanded the merchandise trade deficit. A higher services surplus, increased net transfers and a narrower net income deficit provided partial offsets. Net capital inflows, including foreign direct investment and foreign portfolio investment, supported a positive overall monthly balance. During the April-June quarter, despite increased services surplus and net transfers, the overall balance shifted to a deficit as the merchandise trade deficit widened.
August 14, 2026
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Concessional foreign-currency swap facility closes early for new FCNR(B) deposits while ECB and OFCB access remains available.
The concessional swap facility for FCNR(B) deposits encourages foreign-currency inflows and supports foreign-exchange liquidity. New FCNR(B) deposits eligible for the facility must be mobilised by 31 August 2026, while swaps for eligible deposits may be availed until 11 September 2026. The swap arrangement for External Commercial Borrowings and Overseas Foreign Currency Borrowings remains available until 31 December 2026.
August 14, 2026
Show AI Summary
Insurance grievance redressal requires initial insurer complaint, prompt acknowledgement, and escalation through integrated monitoring channels when resolution remains unsatisfactory.
Insurance policyholder grievances must first be raised with the concerned insurer, whose Grievance Redressal Officer and Board-level monitoring committee oversee redressal. Complaints received through digital channels, correspondence or call centres are recorded in the insurer's Complaints Management System, integrated with Bima Bharosa. Insurers must acknowledge complaints immediately and resolve them within 14 days. Where no response is received within a reasonable period or the response is unsatisfactory, policyholders may escalate through Bima Bharosa or designated helplines, email or physical correspondence.
August 14, 2026
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Foreign exchange reserve growth reflects increases in foreign currency assets, gold holdings, special drawing rights, and IMF reserve position.
India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows.
August 14, 2026
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Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
August 14, 2026
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Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
August 14, 2026
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International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.

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Corp. Laws, SEBI & IBC

The Department for Promotion of Industry and Internal Trade Recognises 1,97,692 Startups Under Startup India Initiative Government Strengthens Startup Growth Through DPIIT Recognition Framework.

December 2, 2025

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The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 1,97,692 entities as startups under the Startup India initiative as of 31st October 2025. These recognitions have been granted in accordance with the eligibility conditions prescribed under G.S.R. Notification 127(E) dated 19 February 2019, which outlines the criteria for entities to be classified as startups.

As on 31st October 2025, 6,385 recognised startups are categorized as closed (i.e., dissolved/struck-off), as per the Ministry of Corporate Affairs (MCA) [basis data shared on 11th November 2025]. The State/Union Territory (UT)-wise number of entities which are categorized as closed (i.e., dissolved/struck-off) are placed as Annexure-I.

The Government has not observed any increase in startup closures. Closures that do occur are generally influenced by factors such as the viability of the business model, alignment with market demands, domestic and global economic conditions, the nature of products and services developed, the ability to attract funding, and other business specific considerations.

Startup India is an initiative of the Government of India. Under Startup India initiative, the Government is implementing three flagship Schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to provide funding opportunities and support startups across sectors at various stages of their business cycle.

FFS has been established with a corpus of Rs. 10,000 crore to catalyze venture capital investments and is operationalized by Small Industries Development Bank of India (SIDBI), which provides capital to Securities and Exchange Board of India (SEBI)-registered Alternative Investment Funds (AIFs) which in turn invest in startups. The amount committed and disbursed to AIFs in calendar years 2023, 2024, and 2025 as on 31st October 2025 are placed as  Annexure-II.

SISFS provides financial assistance to seed stage startups through incubators. SISFS is implemented from 1st April 2021 with a corpus of Rs. 945 crore. The amount approved and disbursed to incubators in calendar years 2023, 2024, and 2025 as on 31st October 2025 are placed as Annexure-III.

CGSS is implemented for enabling collateral free loans to startups through eligible financial institutions. CGSS is operationalized by the National Credit Guarantee Trustee Company (NCGTC) Limited and has been operationalized from 1st April 2023. The amount of loans guaranteed to startup borrowers in calendar years 2023, 2024, and 2025 as on 31st October 2025 are placed as Annexure-IV.

This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Lok Sabha today.

***

Abhishek Dayal/Shabbir Azad/Anushka Pandey                                                                                                                         

ANNEXURE-I

The State/UT-wise number of entities which have been recognised as startups by DPIIT categorized as closed (i.e., dissolved/struck-off) as per the Ministry of Corporate Affairs (MCA) data as of 11th November 2025 are as under:

State/UT

Number of entities recognised as startups categorized as closed (i.e., dissolved/struck-off)

Andaman and Nicobar Islands

3

Andhra Pradesh

121

Arunachal Pradesh

1

Assam

59

Bihar

96

Chandigarh

27

Chhattisgarh

64

Delhi

737

Goa

29

Gujarat

348

Haryana

306

Himachal Pradesh

14

Jammu and Kashmir

41

Jharkhand

64

Karnataka

845

Kerala

241

Madhya Pradesh

180

Maharashtra

1,200

Manipur

10

Meghalaya

4

Mizoram

3

Nagaland

4

Odisha

117

Puducherry

7

Punjab

50

Rajasthan

211

Sikkim

1

Tamil Nadu

338

Telangana

368

Tripura

9

Uttar Pradesh

598

Uttarakhand

58

West Bengal

231

Total

6,385

ANNEXURE-II

The amount committed and disbursed/drawdown by AIFs in calendar years 2023, 2024, and 2025 under FFS as on 31st October 2025 is provided below:

(in Rs. crore)

State/UT

2023

2024

2025 (as on 31st October 2025)

Amount Committed to AIFs

Amount Disbursed/Drawdown by AIFs

Amount Committed to AIFs

Amount Disbursed/Drawdown by AIFs

Amount Committed to AIFs

Amount Disbursed/Drawdown by AIFs

Assam

-

2.42

-

1.63

-

-

Delhi

250.00

55.85

78.00

67.76

20.00

34.12

Gujarat

50.00

28.75

-

13.31

-

21.67

Haryana

-

21.33

20.00

1.36

45.00

17.41

Karnataka

495.00

201.49

551.00

227.67

245.00

286.07

Maharashtra

1,438.75

730.52

515.00

691.07

370.00

497.37

Rajasthan

-

-

20.00

-

-

-

Tamil Nadu

50.00

56.45

135.00

53.32

70.00

19.61

Telangana

-

56.24

-

18.82

100.00

3.32

Total

2,283.75

1,153.05

1,319.00

1,074.93

850.00

879.57

ANNEXURE-III

The amount approved and disbursed to incubators in calendar years 2023, 2024, and 2025 under SISFS as on 31st October 2025 is provided below:

(in Rs. crore)

State/UT

2023

2024

2025 (as on 31st October 2025)

Amount approved to incubators

Amount disbursed to incubators

Amount approved to incubators

Amount disbursed to incubators

Amount approved to incubators

Amount disbursed to incubators

Andhra Pradesh

19.95

9.22

5.25

3.68

0

2.8

Assam

5.25

0

5.25

2.1

0

2.1

Bihar

8.4

3.02

0

1.22

0

2.35

Chhattisgarh

2.1

1.14

0

0

0

0.6

Delhi

30.45

10.4

4.2

6.54

2.1

4.38

Goa

0

1.82

3.15

2.25

0

2.66

Gujarat

5.25

3.98

5.25

5.82

2.63

9.44

Haryana

7.35

4.17

6.3

2.16

0

4.13

Himachal Pradesh

5.25

1.26

0

3.6

0

0

Jammu & Kashmir

5.25

2.1

0

0

0

0

Jharkhand

4.2

1.68

0

0

0

0

Karnataka

30.45

24.19

16.8

8.4

0

7.4

Kerala

0

0.3

0

1.5

0

3.54

Madhya Pradesh

8.4

5.51

5.25

5.23

0

0.63

Maharashtra

16.8

15.81

5.25

13.25

15.23

18.37

Mizoram

4.2

0.42

0

1.57

0

0

Nagaland

7.35

2.94

0

0.63

0

0

Odisha

16.28

5.41

0

7.24

0

0.07

Puducherry

0

0.91

0

2.51

0

1.58

Punjab

25.2

9.98

0

5.78

5.25

4.57

Rajasthan

12.6

10

5.25

5.58

1.58

5.66

Sikkim

0

0.91

0

0

0

0

Tamil Nadu

42

23.99

5.25

6.67

4.98

7.6

Telangana

15.75

12.49

13.65

7.14

0

8.17

Uttar Pradesh

10.5

8.86

18.9

10.75

5.25

5.25

Uttarakhand

0

1.58

0

1.58

3.15

0.92

West Bengal

0

1.58

0

0

2.1

2.34

Total

282.9

163.6

99.7

105.2

42.3

94.6

ANNEXURE-IV

The amount of loans guaranteed to startup borrowers in calendar years 2023, 2024, and 2025 under CGSS as on 31st October 2025 is provided below:

(in Rs. crore)

State/UT

Amount of loans guaranteed

2023

2024

2025 (as on 31st October 2025)

Andhra Pradesh

5.30

9.70

2.00

Assam

0.00

2.52

11.45

Bihar

0.00

0.28

0.00

Chandigarh

0.00

0.15

0.00

Delhi

25.65

25.96

2.50

Gujarat

6.50

3.00

30.27

Haryana

25.25

58.17

14.87

Jammu & Kashmir

10.00

4.35

5.00

Karnataka

30.16

37.18

24.88

Kerala

4.50

24.50

3.00

Madhya Pradesh

8.80

1.00

1.00

Maharashtra

59.75

64.99

34.83

Odisha

0.00

0.00

4.50

Rajasthan

11.80

20.50

0.00

Tamil Nadu

8.65

62.00

10.22

Telangana

0.30

5.17

0.00

Uttar Pradesh

18.12

20.86

6.88

Uttarakhand

0.00

10.00

0.00

West Bengal

6

30.75

2

Total

220.78

381.08

153.4

Topics

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