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
    Europe uses subsidies, taxes and policy pauses to offset pain of high fuel prices
    Loyalty Juggernaut Advances Responsible AI with ISO/IEC 42001 Certification
    Draft Warehousing Operations Regulations, 2026 - uploading on the CBIC website for inviting comments/views/suggestions from stakeholders
    From Digital Banking to Resilient Banking – Technology, Cyber Security and AI as Pillars of Trust - Address by Shri Rohit Jain, Deputy Governor at t...
    Union Minister of Commerce and Industry Shri Piyush Goyal Highlights India’s Expanding Global Economic Engagement and Growing Integration with Globa...
    India Participates in 14th East Asia Summit Economic Ministers’ Meeting and 23rd ASEAN-India Economic Ministers Consultation
    Sebi board approves slew of reforms; widens investment avenues, FPI access
    GST Council to take a view on GST on UPI MDR: Sources
    K'taka Deputy CM Parameshwara rejects Opposition's allegation of 'bankruptcy'
    EOW registers case against businessman, 4 others for ''forgery, unauthorised transactions''
    India's Russian oil imports hold near 1.8 million bpd as Middle East fills gaps
    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
    MCA issues advisory - cautions public against high-return promises by non-compliant Nidhi Companies
    Banks likely to deploy excess liquidity over next few months amid strong credit demand: RBI Deputy Guv
    Assam Cabinet approves rules for compulsory registration of Muslim marriages
    The Indian Economy in an Ever More Volatile and Complex World - Special Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India at the 13t...
    Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26
    IIEST, Shibpur partners with TCS to launch state-of-the-art centre of excellence in AI
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
September 25, 2026
Show AI Summary
Stakeholder consultation on draft warehousing operations regulations requires structured comments submitted electronically within the prescribed consultation period.
Stakeholder consultation on the draft Warehousing Operations Regulations, 2026 is initiated through public-domain publication on the CBIC website. Comments, views and suggestions must be submitted within 15 days in a structured format identifying the relevant regulation number and title, proposed modification, and supporting reasons or remarks. Responses must be sent through the specified email channels in MS Word, a compatible format, or machine-readable PDF format.
September 25, 2026
Show AI Summary
Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
Show AI Summary
Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
Show AI Summary
Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
Show AI Summary
Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
Show AI Summary
Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
Show AI Summary
Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
Show AI Summary
Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
Show AI Summary
Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
Show AI Summary
Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
Show AI Summary
Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
Show AI Summary
Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
Show AI Summary
Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
Show AI Summary
FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
Show AI Summary
Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
Show AI Summary
Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
Show AI Summary
Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
Show AI Summary
Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Conservative Kast's victory in Chile suggests a hard-right, pro-Trump surge across Latin America

December 16, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Santiago, Dec 16 (AP) Chile has become the latest country in Latin America to veer toward the right, electing a deeply conservative veteran politician who has long attracted comparisons to Donald Trump.

The president-elect, Jose Antonio Kast, has expressed nostalgia for the 17-year military dictatorship of the late Gen Augusto Pinochet, opposed the legalisation of same-sex marriage and advocated in recent years for a constitutional ban on abortion.

Those stances, which some say sabotaged Kast's previous presidential bids in the increasingly liberal country, didn't seem to matter in Sunday's election.

Instead, Kast, 59, won a landslide victory by tapping into a deep well of resentment at the status quo in a country whiplashed by an unprecedented rise in organised crime and disappointed by the failure of President Gabriel Boric to live up to his grand promises of change.

A dramatic turn from two decades ago ----------------------------------------- Experts say this reflects the pervasive anti-incumbent mood that has gripped South America and, significantly, boosted the radical right at time when Trump is seeking to influence the region's political future.

It's a dramatic turn from only two decades ago, when the commodities boom brought the so-called “pink tide” of left-wing leaders like the late socialist icon Hugo Chavez who whipped up voters by railing against US imperialism and vowing to redistribute government revenues.

“The last decade, it's been rough,” said Steven Levitsky, a Harvard political scientist. “And the people who get blamed for stagnant economies, rising crime -- or, rising perceptions of crime at least -- and not insignificant corruption are those who've been in power, and that's the left.” A continental shift ------------------- Across South America this year alone, voters strengthened the mandates given to anarcho-capitalist President Javier Milei in Argentina and iron-fisted President Daniel Noboa in Ecuador, rather than return their countries to the left-wing traditions that held sway previously.

In Bolivia, October saw the election of right-wing President Rodrigo Paz end nearly two decades of socialist rule.

In Peru in recent weeks, demand for a ruthless approach to organized crime has caused political chaos and empowered the country's right-wing politicians ahead of the 2026 presidential election.

Last week, partial results in Honduras' paralysed presidential vote showed a conservative former mayor endorsed by Trump and his right-wing sportscaster rival deadlocked in a stunning rebuke of the incumbent left-wing government.

Chile's turn at the polls ------------------------ Then, on Sunday, voters traumatised by insecurity, angry about uncontrolled migration and frustrated with a dispiriting economy chose Kast over Jeannette Jara, his communist rival from the centre-left governing coalition who failed to persuade them that she was something other than the continuity candidate.

Experts say the new Latin American hard right underscores Trump's influence.

Speaking to reporters in Washington, Trump praised Kast on Monday as “a very good person,” adding, “I look forward to pay(ing) my respects to him.” Like Milei and Brazil's ex-President Jair Bolsonaro, Kast has been a fixture on the global speaking circuit of the Conservative Political Action Conference, decrying socialism, lambasting “gender ideology” and vowing the mass deportations of immigrants.

“The far right is not a majority anywhere, it's usually 25-30 per cent of electorates, but it's punching above its weight because it has a real ideological project,” said Levitsky. “They've got political momentum right now, and that clearly helped in Chile.” At Kast's victory rally Sunday in Santiago, Chile's capital, supporters waved American flags, sported red “Make Chile great again” caps and raised banners emblazoned with Milei's 2023 campaign slogan, “The force of change.” A moment of reflection for the left ------------------------------------- Just four years ago, deep-rooted social discontent and popular mistrust of the political elite helped bring a new crop of left-wing leaders to office.

In Chile, President Boric, a firebrand former student protest leader, came to power on the back of social unrest over inequality that presented a rare opportunity for his government to transform the market-led economy.

But within months, a series of legislative defeats, a corruption scandal and an unprecedented wave of organised crime derailed his ambitions. His approval ratings dropped from 50 per cent to less than 30 per cent — and never recovered.

In Colombia, progressive President Gustavo Petro was elected on plans to help the poor and achieve what he called “total peace” with the nation's many armed groups. Now, with just months to go until presidential elections that could swing the country back toward the right, Petro's most ambitious reforms are stuck in Congress. The militias haven't put down their guns.

Mexico stands out as an exception to the regional trend. President Claudia Sheinbaum, who was ushered into office last year by ex-President Andres Manuel Lopez Obrador, has enjoyed soaring approval thanks to the association with her hugely popular mentor and measured handling of a volatile relationship with Trump.

But while Milei and other regional conservative leaders hailed Kast's win as another milestone in their ideological movement's continental sweep, Sheinbaum on Monday urged fellow left-wing leaders to learn from defeat.

“This is a moment of reflection,” she said. “We have to analyse what happened in Chile.” Kast speaks to Chile's reality ------------------------------ Kast has praised the crime-fighting tactics of El Salvador's Nayib Bukele, touring his 40,000-capacity mega prison last year. His vows to cut a staggering USD 6 billion from the budget in just 18 months have drawn comparisons to Milei's chainsaw methods.

But in stark contrast to his ideological allies, Kast promoted himself as a moderate in this election runoff against Jara, whose lifelong membership in Chile's hard-line Communist Party led many voters to view her as a radical despite her vows of fiscal restraint.

“He's not who I wanted, but at the end of the day, he's the least bad option,” said Carol Mesa, 54, who backed the right-wing establishment candidate, Evelyn Matthei, eliminated in the first round of voting last month. “I couldn't vote for a communist.” Despite his budget-slashing ambitions, Kast promised not to touch social benefits. He defended the free-market institutions that have guided Chile's economy over 35 years of democracy. And the devout Catholic and father of nine managed to avoid all talk of moral conservatism.

“The main issues are crime and immigration, and that's why the majority of the middle class geared up to vote against continuity and in favour of Kast,” said Kenneth Bunker, a Chilean political analyst. “They saw him as somebody that can deliver results that are much needed.” In his first act as president-elect, Kast tried to narrow Chile's divisions and calm the fears of his critics, promising to “be the president of all Chileans.” “They say we are not good at agreements," he said. “We are going to surprise them.” (AP) MPL MPL MPL

Topics

Acts Income Tax