Just a moment...

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 characters0/2000
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 ✕
🔎 News - Adv. Search
TEXT SEARCH:

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.
RelevanceDefaultDate
    APEDA Facilitates First-Ever Air Shipment of Karnataka's Neelam and Totapuri Mangoes to the Maldives
    Favara-UPI Cross-Border Payment Corridor Goes Live Between Maldives and India
    SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries
    China's factory activity unexpectedly slips into contraction in July
    PM Modi to inaugurate Bhogapuram Airport on Aug 1 in Andhra Pradesh
    Rupee rises 20 paise to 95.30 against US dollar in early trade
    APEDA Facilitates First-Ever Sea Shipment of Value-Added Flavoured Makhana from Bihar to Canada
    Indian envoy meets Chinese commerce ministry official; Calls for enhanced market access
    ED attaches Rs 94 crore in foreign bank account in fraud case against Delhi-based rice firm
    Ensure uniform deposit rates across all branches: RBI tells banks
    PM takes stock of geo-political situation, safety of seafarers, supply chain constraints
    Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
    CCS discusses global security situation, supply chain constraints
    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
    Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
    Kotak Securities Earns Great Place to Work® Certification and Recognition Among India's Best Workplaces™ in Investments 2026
    India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
    Aadhaar enrolment in Manipur has reached 87-88 pc: Officials
❯❯
MaximizeMaximizeMaximize
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 SummariesHide All Summaries
    July 31, 2026
    Show AI Summary
    Agricultural export facilitation expands market access for late-season mangoes through farmer aggregation and direct global market linkages.
    Agricultural export facilitation enabled an air shipment of late-season Neelam and Totapuri mangoes to an international market, expanding market access and extending the mango export season. Direct sourcing through a Farmer Producer Company supported organised aggregation, quality produce, and export-oriented supply chains. Direct procurement and export market linkages enabled participating farmers to realise higher returns than conventional market channels while promoting horticultural export diversification.
    July 31, 2026
    Show AI Summary
    Cross-border digital payment integration enables real-time Favara transfers from Maldives mobile banking applications to UPI-enabled accounts in India.
    Cross-border digital payment integration between Favara and UPI enables individuals in the Maldives to make real-time person-to-person transfers to UPI-enabled bank accounts in India through mobile banking applications. Transfers are initiated in Maldivian Rufiyaa and credited in Indian Rupees. The initial service is available through participating Maldivian banks. Permitted remittances include family-maintenance transfers under foreign inward and outward remittance categories, and gift-related transfers under foreign outward remittance. Future phases are intended to introduce QR-based merchant payments and other digital payment services.
    July 31, 2026
    Show AI Summary
    Procedural Fair Hearing in competition inquiries requires notice when the Commission departs from investigative findings before imposing action.
    Competition law procedure requires the Competition Commission to notify and hear an opposite party when departing from the Director General's findings. The penalty order concerning alleged abuse of dominance in viscose staple fibre supply was set aside because Grasim Industries was not given an opportunity to respond to the Commission's disagreement with the investigative findings. The matter was remanded for fresh, time-bound consideration without a finding on the merits.
    July 31, 2026
    Show AI Summary
    Manufacturing contraction highlights weak domestic demand, property-sector pressure and continued reliance on technology-related exports for economic growth.
    Manufacturing activity in China contracted in July, as the official purchasing managers' index fell below the expansion threshold and new orders and production declined. Weak domestic demand, lower building activity and possible typhoon-related disruptions contributed to the slowdown. Consumer spending, investment and property-sector weakness continue to affect confidence, while technology-related exports support growth. Policy commitments include strengthening domestic consumption amid continued reliance on exports.
    July 31, 2026
    Show AI Summary
    Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
    The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
    July 31, 2026
    Show AI Summary
    Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
    Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
    July 31, 2026
    Show AI Summary
    Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
    Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
    July 30, 2026
    Show AI Summary
    Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
    Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
    July 30, 2026
    Show AI Summary
    Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
    Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
    July 30, 2026
    Show AI Summary
    Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
    Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
    July 30, 2026
    Show AI Summary
    Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
    Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
    July 30, 2026
    Show AI Summary
    Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
    The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
    July 30, 2026
    Show AI Summary
    Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
    Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
    July 30, 2026
    Show AI Summary
    Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
    United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
    July 30, 2026
    Show AI Summary
    Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
    Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
    July 30, 2026
    Show AI Summary
    Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
    Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
    July 30, 2026
    Show AI Summary
    Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
    Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
    July 30, 2026
    Show AI Summary
    Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
    Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
    July 30, 2026
    Show AI Summary
    Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
    Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
    July 30, 2026
    Show AI Summary
    Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
    Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Maharashtra 2025: Thackeray cousins’ alliance, Mahayuti gains in local polls hog limelight

      December 26, 2025

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Mumbai, Dec 26 (PTI) Cousins Uddhav Thackeray and Raj Thackeray reuniting after 20 years, ahead of next month's civic polls, the Devendra Fadnavis-led Mahayuti government consolidating its grip on power, boosted by its performance in local elections, and attempts at opposition realignment marked the year in Maharashtra.

      Twenty years after a bitter Raj Thackeray quit the undivided Shiv Sena over differences with Uddhav Thackeray and formed the Maharashtra Navnirman Sena (MNS), the cousins on December 24 announced their alliance for the high-stakes Mumbai municipal corporation elections due on January 15, along with 28 other civic corporations.

      The BJP-led government, which completed one year in office on December 5 after its emphatic victory in the November 2024 assembly elections, largely maintained stability despite controversies, defections and periodic friction among alliance partners Shiv Sena and the Nationalist Congress Party (NCP).

      The ruling alliance bagged 207 posts of municipal presidents and 4,422 seats in the municipal council and nagar panchayat polls held in December, while the poor showing of the Opposition reflected its organisational weaknesses.

      The year began on a turbulent note with the murder of Massajog sarpanch Santosh Deshmukh in December last year sending political shockwaves across the state.

      The subsequent resignation of NCP leader Dhananjay Munde from the state ministry, following the arrest of his close aide and prime accused Walmik Karad in the sarpanch murder case, put the government on the defensive over the law-and-order situation.

      Another flashpoint emerged over the state government’s decision to make Hindi mandatory from Class 1, citing the National Education Policy. Facing widespread protests, the government rolled back the decision and announced a committee headed by economist Narendra Jadhav to examine implementation of the three-language formula.

      Despite these setbacks, the ruling Mahayuti alliance, comprising the BJP, Shiv Sena and NCP, continued to assert its dominance.

      During the year, as many as 43 runner-up candidates in last year’s assembly polls from the opposition Maha Vikas Aghadi (MVA) crossed over to the ruling camp, further weakening the opposition and strengthening Mahayuti’s hold across constituencies.

      The BJP emerged as the single largest party in the assembly with 132 seats, its highest-ever tally in Maharashtra, while allies Shiv Sena and NCP won 57 and 41 seats respectively, giving the coalition a commanding 235 seats in the 288-member legislative assembly.

      For the MVA, comprising the Shiv Sena (UBT), Congress and NCP (Sharad Pawar), 2025 was largely a year of recovery after the major setback in the assembly polls last year.

      The MVA struggled to project cohesion even as it attempted to capitalise on controversies involving the government.

      A notable political moment came when estranged cousins Uddhav Thackeray and Raj Thackeray shared a platform during protests against the Hindi language decision, the development widely seen as a tactical move for political survival.

      Raj Thackeray later joined an opposition protest against the Election Commission over alleged “vote theft”.

      However, the Congress kept its distance from the MNS, citing the latter’s anti-migrant rhetoric and inconsistent political positions.

      The year also witnessed communal tensions in Nagpur in March, following demands by right-wing groups over the removal of a structure linked to Mughal emperor Aurangzeb. The clashes, which left one person dead, drew sharp criticism from the opposition over alleged policing lapses.

      Caste-based mobilisation returned to the forefront as Maratha quota activist Manoj Jarange-Patil launched another statewide agitation, including a hunger strike in Mumbai. The government’s move to implement the Hyderabad Gazette, enabling Kunbi certificates for eligible Marathas, was criticised by OBC groups as an encroachment on their rights.

      The Mahayuti government focused on welfare schemes that had contributed to its electoral success, particularly the ‘Ladki Bahin’ scheme, which provides direct cash transfers to women.

      The opposition, however, accused the government of failing to fulfil promises such as raising the monthly assistance from Rs 1,500 to Rs 2,100 and implementing a farm loan waiver.

      Tensions within the ruling alliance surfaced repeatedly. Shiv Sena ministers briefly boycotted a Cabinet meeting in November, prompting Deputy Chief Minister Eknath Shinde to rush to Delhi for consultations with Union Home Minister Amit Shah.

      Friction also arose over the appointment of NCP leader Nawab Malik to a civic poll-related post and over seat-sharing for the municipal elections.

      On the economic front, the government projected confidence, with Chief Minister Fadnavis reiterating the goal of making Maharashtra a trillion-dollar economy.

      The state recorded Rs 1.64 lakh crore in FDI in 2024-25, a 32 per cent increase over the previous year, which the government described as the highest inflow in a decade.

      As 2025 drew to a close, the focus shifted to the long-pending local body elections, including the Brihanmumbai Municipal Corporation, widely regarded as Asia’s richest civic body.

      Congress announced it would contest the BMC polls independently, while Shiv Sena (UBT) signalled a preference for new faces after many of its corporators defected.

      Speculation over a possible Shiv Sena (UBT)-MNS alliance for civic polls added another layer of intrigue to Maharashtra’s fractured political landscape. The two parties finally announced their alliance on December 24.

      In July, a video capturing Shiv Sena MLA Sanjay Gaikwad assaulting a staff of the MLA canteen in Mumbai for serving him ‘stale’ food went viral, drawing criticism from both the ruling party as well the Opposition.

      Fadnavis condemned the action and Deputy CM Eknath Shinde issued a warning to the Buldhana MLA who belongs to his party.

      In December, the Supreme Court granted partial relief to NCP MLA and former minister Manikrao Kokate, staying his conviction in a cheating and fraud case though only to the extent that it will not lead to his disqualification from the legislative assembly.

      Kokate had approached the top court after the Bombay high court suspended his two-year jail sentence but refused to stay his conviction.

      He had petitioned the high court after a Nashik sessions court upheld the trial court’s February judgment convicting him and his brother in a fraud case dating back to 1995.

      The trial court found Kokate and his brother, Vijay, guilty of misusing a government housing scheme meant for economically weaker sections.

      The scheme, which operated between 1989 and 1992, was applicable only to those earning up to Rs 30,000 a year. The brothers were accused of submitting false affidavits to understate their income and were illegally allotted two government flats.

      In July, a video of Shiv Sena MLA and state minister Sanjay Shirsat, sitting in a room along with a partially opened bag containing what looked like bundles of notes went viral.

      The video surfaced a day after reports emerged of the minister facing scrutiny by the Income Tax Department for a significant increase in his declared assets from Rs 3.3 crore in 2019 to Rs 35 crore in 2024.

      Shiv Sena (UBT) MLC Anil Parab in July demanded the resignation of Maharashtra Minister of State for Home Yogesh Kadam, alleging that a dance bar in Kandivali was being operated under a licence held by his mother.

      In an apparent damage-control step, Kadam’s family surrendered the licence of the Kandivali bar.

      Former Lok Sabha Speaker and veteran Congress leader Shivraj Patil and former Maharashtra ministers Shalinitai Patil and Surupsinh Naik passed away during the year. PTI MR VT VT

      Topics

      ActsIncome Tax