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August 25, 2026
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Sugar import authorisation and anti-hoarding controls aim to moderate ex-mill prices amid adequate domestic stocks.
Raw sugar imports were permitted, while stock limits were imposed on bulk consumers. States were directed to strengthen inspections, and nationwide flying squads were deployed to identify hoarding and speculative conduct. These measures target sugar availability and distribution across wholesale and retail channels. Ex-mill prices declined following the measures, although wholesale and retail prices had not yet reflected the reduction.
August 25, 2026
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Foreign-currency swap window closure focuses non-resident deposit mobilisation, while ECB hedging support continues for public-sector borrowers.
RBI's concessional Foreign Currency Non-Resident Bank deposit swap window closes on August 31, replacing the previous September 30 cut-off. Separately, the special US dollar-rupee foreign-exchange swap window remains available until December 31, 2026, providing concessional currency-hedging support to public sector undertakings raising external commercial borrowings. SBI expects to mobilise predominantly through deposits from non-resident Indians and foreign investors, with external commercial borrowings also visible.
August 25, 2026
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Industrial power tariff revision applies only within the shared distribution area, while steel producers seek rollback and fuel supply support.
Industrial electricity tariff revision is proposed from 1 September for 33 KV and 11 KV consumers within the Damodar Valley Corporation command area. The increase is confined to the shared distribution-licence area, while a separate and higher tariff structure applies outside it. Steel and sponge-iron industry associations oppose the revision on the basis that it will raise energy costs and affect investment conditions. They seek withdrawal of the increase and request continuing supplies of high-grade coal and iron ore for sponge-iron production.
August 25, 2026
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Institutional capital facilitation prioritises repatriation, market access, regulatory predictability, and cross-border partnerships supporting technology-led long-term investment.
India-Japan investment engagement focuses on increasing long-term Japanese institutional capital flows through an enabling business environment, intellectual property protection, policy reforms and integration with global value chains. Facilitation measures include simpler profit repatriation processes, improved access to Indian capital markets, greater regulatory predictability and a seamless cross-border investment environment. GIFT City is explored as a gateway for international capital and Japan-India investment flows.
August 25, 2026
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Strategic investment partnership prioritises semiconductor manufacturing, resilient supply chains and advanced industrial collaboration between Indian and Japanese businesses.
India-Japan economic cooperation is directed toward deeper trade, investment, technology and business-to-business linkages, including economic security, supply-chain resilience, clean energy and innovation. Collaboration is focused on capital goods, machinery, automotive and advanced manufacturing, with stronger connections between Japanese enterprises and India's Tier-II and Tier-III suppliers, including Micro, Small and Medium Enterprises. Semiconductor manufacturing is identified as a significant investment area. The India-Japan Special Strategic and Global Partnership supports expanded engagement with manufacturing ecosystems, global value chains and resilient supply chains.
August 25, 2026
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Bilateral trade and investment cooperation advances through customs alignment, digital payment integration, market access discussions and investment treaty completion.
India-Cambodia trade and investment cooperation addressed trade diversification, market access, customs alignment, digital payments and investment facilitation. Discussions covered traditional medicine, e-governance, recognition of the Indian pharmacopeia, trade statistics, agricultural cooperation, banking and insurance. The parties agreed on an MoU on Customs Cooperation to promote uniform customs procedures and considered early completion and signature of the Bilateral Investment Treaty. UPI-KHQR payment integration, investment promotion, priority-sector cooperation and a private-sector feedback mechanism were also discussed.
August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
Show AI Summary
Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.

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Customs, DGFT & SEZ

India Steps Up Shrimp Sector Support; Seafood Exports to US Remain Robust Over Five Years

December 12, 2025

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The total volume and value of shrimp exports from India to the United States during the last five years is given below:

ITEM

Years

2020-21

2021-22

2022-23

2023-24

2024-25

FROZEN

SHRIMP

Quantity (MT):

272041

342572

275662

297571

311948

Value

( in US Dollar Million):

2343.90

3146.71

2439.87

2342.58

2512.71

Overall, exports of seafood from India showed a healthy increase of 13.93% in value terms during the period from April to October 2025 compared to April to October 2024. The exports moved upward from USD 4207.08 Million to USD 4793.08 Million during the stated period. Details of shrimp exports to US are given in the table below:

 

AUGUST-OCTOBER 2024

AUGUST-OCTOBER 2025*

Item Name

Quantity Tons

Value US$ (Million)

Quantity Tons

Value US$ (Million)

FROZEN SHRIMP

83375

673.98

55282

512.81

*Figures are provisional for August -October 2025

The Government has undertaken several initiatives to diversify markets and strengthen India’s seafood export sector. The Marine Products Export Development Authority (MPEDA), a statutory body under the administrative control of Department of Commerce is actively working to diversify seafood export markets by mounting trade delegations, organizing Buyer–Seller Meets, and participating in major international seafood fairs across Asia and Europe. Reverse Buyer–Seller Meets in Chennai and New Delhi in 2025 facilitated over 100 buyer–exporter interactions. MPEDA is conducting sensitization programmes on various FTAs to help exporters utilize new opportunities. Efforts are being taken by the Department of Commerce to fast-track FTA negotiations, especially with the EU, to resolve market-access issues. The Department of Fisheries, Government of India has held a series of meetings with the Embassies/High Commissions of Australia, New Zealand, Indonesia, Japan, Thailand, the United Kingdom and Russia. These discussions covered, inter-alia, strengthening trade relations, value addition, quality assurance, biosecurity and quality compliance, cold-chain improvements, processing, automation, R&D collaboration, and training and capacity-building.

The total financial assistance extended to shrimp farmers and exporters under various schemes during the last five years is given below:

  1. MPEDA operates a financial assistance scheme for the setting up of a mini laboratory in an approved processing plant/ handling center registered with MPEDA for testing fishery products. Under the scheme, financial assistance is released at a rate of 50% of the total cost incurred, subject to a maximum of Rs. 5 Lakh to the applicant. This scheme helps registered seafood exporters to implement effective in-process quality control. MPEDA has supported 8 units under the scheme during the past 5 years with total financial assistance of ₹24.07 lakhs.
  2. MPEDA’s Value Addition Scheme supports the establishment and upgradation of export-oriented facilities for value-added marine products across all coastal regions. The scheme promotes investment in seafood value addition, thereby strengthening India’s presence in global markets. During the last five years, MPEDA has supported 83 units with total financial assistance of ₹10,189.91 lakh.
  3. MPEDA implemented SHAPHARI certification programme aligning with FAO guidelines to ensure disease-free & antibiotic-free shrimp seed & farm produce and to promote Better Management Practices. Certified hatcheries and farms enhance the credibility of shrimp exports, with exporters using the certification as a trusted document in trade. 50% of the Audit & Testing cost will be borne by the MPEDA for hatcheries & there is no audit/testing fee to be borne by the farmers. Currently, 16 hatcheries and 344.21 hectares of farm area are certified under Shaphari, supporting high-health shrimp production in India. MPEDA operates a financial assistance scheme for enhancing disease free production and assuring quality of produce. The total assistance provided during the past 5 years is ₹328.995 lakhs for 84 beneficiaries.
  4. The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying is implementing the flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of 5 years from FY 2020-21 to FY 2024-25, at a total outlay of Rs.20,050 crore. Under this flagship scheme, 34,788 infrastructure units have been established with a budget allocation of ₹2,403 crore. These include cold storage, retail and wholesale markets, fish kiosks, value-added product units, and post-harvest transportation facilities (refrigerated/ insulated vehicles, bikes, etc.). Further, infrastructure support has been strengthened through the Fisheries and Aquaculture Infrastructure Development Fund (FIDF), which has supported 15 major projects worth Rs. 208 crore, primarily focused on fish processing and cold-chain development.

The following steps have been taken to support shrimp farmers :

  1. MPEDA has been organising various capacity building programmes in farmers through Trainings, Farmers Meets, Awareness Campaigns, Stakeholders meetings, farm monitoring, farm to farm level campaigns etc. to equip the farmers with recent farming technologies, stocking and pond management related issues, Better Management Practices, use of inputs etc.
  2. MPEDA initiated the Aquaculture Technician Training programmes to educate farmers through technicians on latest guidelines, the necessity to use only permitted & authorised and known inputs in farming and to adopt Better Management Practices in aquaculture for meeting the standards for food safety and export.
  3. RGCA, the technology transfer wing of MPEDA, has been implementing domestication of tiger shrimp in RGCA’s Pilot Scale Brood Stock Multiplication Facility at Visakhapatnam for the production of SPF tiger shrimp broodstock from Indian strains. The project is currently supplying Tiger Shrimp broodstock to hatcheries for seed production. Aquaculture pathology lab established by the RGCA is also assisting farmers in disease diagnosis, prevention and control. The Mobile lab established by the RGCA provides instant support to the farmers in the field at times of distress.
  4. MPEDA implemented SHAPHARI Certification of farms and hatcheries to assure that the products are antibiotic-free and disease free, produced through Best Management Practices.
  5. MPEDA-RGCA operates the Aquatic Quarantine Facility (AQF) at Chennai to ensure that SPF shrimp brooders imported into the country are quarantined before supplying to hatcheries, in order to ensure disease-free farming operations.
  6. MPEDA established an Aqua Farmers Call Centre with Toll Free Number at Vijayawada with experienced technical experts to deal with difficulties of farmers and to address the issues and to extend technical supports.
  7. MPEDA is enrolling aquaculture farms and hatcheries for the purpose of traceability of produce intended for export.
  8. MPEDA implements the financial assistance schemes for enhancing disease free production and assuring quality of produce, details attached as Annexure.
  9. MPEDA has introduced a new scheme called Advanced Technological Transformation in Aquaculture to enhance shrimp production using bio-secured circular tanks. Under this scheme, financial assistance is provided at 50% of the capital cost up to ₹30 lakh for General Category farmers, and 75% of the capital cost up to ₹45 lakh for farmers belonging to SC/ST/NER/UTs during the year.
  10. Department of Fisheries, Government of India has conducted series of meetings with stakeholders for ensuring optimal utilization of Central Schemes such as Fisheries and Aquaculture Development Fund (FIDF) and Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) for development of modern infrastructure, cold chain, hatcheries, processing, and value-chain efficiencies.
  11. In the 56th GST Council Meeting held on 3rd September, 2025, the Government of India approved the reduction of GST rates from 12-18% to 5% on over 20 fisheries and aquaculture-related products such as farm equipment, feed ingredients, water conditioners, fishing nets and value-added seafood products etc. This measure is expected to lower input costs, ease operational expenses, and enhance production, value addition, and competitiveness of Indian seafood.

Annexure

Financial assistance schemes for enhancing disease free production and assuring quality of produce

Name of the scheme

Objective of Scheme /details

Pattern of Financial Assistance

Establishment of nurseries for rearing seeds in the farm premises

Rearing post-larvae in a bio-secured nursery environment is crucial for shrimp aquaculture, as it ensures quality seeds, reduces disease outbreaks, increases farm productivity, shortens the culture period, and lowers labour and recurring costs.

50% of the admissible cost incurred subject to maximum financial assistance of Rs. 6,00,000/-, whichever is less for farmers under General Category.
Proposed assistance to SC/ST Beneficiary is 75 % of the admissible cost incurred subject to maximum financial assistance of Rs. 9,00,000/-, whichever is less.

Establishment of shrimp handling facilities in farms for improved food safety premises

 

Improving handling infrastructure from harvest to storage and providing bio-toilets on farms can enhance quality and reduce contamination risks. These measures ensure better hygiene, minimizing the chances of pathogenic contamination and preserving the quality of harvested shrimp.

50% of the admissible cost incurred subject to maximum financial assistance of Rs. 10,00,000/- per Ha Water Spread Area of aqua farm owned by farmer, whichever is less. Proposed assistance to SC/ST Beneficiary will be 75% of the admissible cost incurred subject to maximum financial assistance of Rs. 15,00,000/- per Ha Water Spread Area of aqua farm owned by farmer, whichever is less.

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

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