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 ✕
🔎 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.
Relevance Default Date
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
❯❯
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
August 5, 2026
Show AI Summary
Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
August 5, 2026
Show AI Summary
Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
August 5, 2026
Show AI Summary
Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
August 5, 2026
Show AI Summary
Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
August 5, 2026
Show AI Summary
Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
August 5, 2026
Show AI Summary
Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
August 5, 2026
Show AI Summary
Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
August 5, 2026
Show AI Summary
Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
August 5, 2026
Show AI Summary
Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
August 5, 2026
Show AI Summary
Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
August 5, 2026
Show AI Summary
Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
August 5, 2026
Show AI Summary
Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
August 5, 2026
Show AI Summary
Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
August 5, 2026
Show AI Summary
Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
August 5, 2026
Show AI Summary
Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
August 4, 2026
Show AI Summary
Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
August 4, 2026
Show AI Summary
Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
August 4, 2026
Show AI Summary
Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
August 4, 2026
Show AI Summary
Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
August 4, 2026
Show AI Summary
Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
PMLA / Black Money

Cases of Red Fort blast, National Herald and IRCTC 'scam' kept Delhi courts busy in 2025

December 31, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Dec 31 (PTI) Cases involving political bigwigs including Sonia Gandhi, Rahul Gandhi, Lalu Prasad Yadav and others kept busy the Delhi courts which also dealt with terror-related matters like the 26/11 Mumbai attack and the Red Fort blast in 2025.

Matters related to attack on Delhi Chief Minister Rekha Gupta, AgustaWestland case, conviction of former Congress MP Sajjan Kumar in a 1984 anti-Sikh riots case and trial proceedings of self-styled godman Chaitanyananda Saraswati in an alleged molestation case also hogged the limelight.

The Enforcement Directorate was left red-faced when a Delhi court refused to take cognisance of the alleged money laundering charge against Congress leaders Sonia and Rahul Gandhi and others in the National Herald case.

The ED "simply inverted the template" of the Prevention of Money Laundering Act by registering an FIR in 2021, the court had said.

In the alleged IRCTC scam case, charges were framed against former Bihar chief ministers Lalu Prasad Yadav and Rabri Devi, their son Tejashwi Prasad Yadav and 11 others for the offences of cheating, criminal conspiracy, and under the provisions of the Prevention of Corruption Act.

The court made a scathing observation that the land and share transactions in the case were "possibly an instance of crony capitalism fostered in the garb of eliciting private participation in the Railways hotels at Ranchi and Puri".

Another case which grabbed the headlines was the 26/11 Mumbai attack case in which Tahawwur Rana, a close associate of 26/11 Mumbai terror attacks main conspirator David Coleman Headley alias Daood Gilani, was brought to India after the US Supreme Court on April 4 dismissed his review plea against his extradition.

In a chilling incident that sent shockwaves across the country, an explosive-laden car driven by a suicide bomber, Umar-un-Nabi, detonated outside the Red Fort on November 10 killing 15 people.

The National Investigation Agency subsequently arrested nine people and sought their custodial interrogation from the courts concerned for playing an active role in the conspiracy behind the blast.

In the case of attack on Rekha Gupta at a public event, a court set the stage for trial by framing charges, including for the alleged offence of attempt to murder, against Sakriya Rajeshbhai Khimjibhai and his friend Tahsin Raza Rafiullah Shaikh.

Gupta was attacked during a 'Jan Sunwai' programme at her camp office in the Civil Lines area on August 20.

A court here awarded life imprisonment to former Congress MP Sajjan Kumar in a murder case connected to the 1984 anti-Sikh riots, saying his old age and illness weighed in favour of a lesser sentence instead of the death penalty.

The court pronounced the verdict in a case of killings of Jaswant Singh and his son Tarundeep Singh on November 1, 1984.

In the AgustaWestland VVIP chopper scam, a court ordered the release of purported middleman Christian James Michel from custody in a money laundering case filed by the ED. Later, the court also modified Michel's bail conditions in a CBI case related to the scam.

Self-styled godman Saraswati, who was accused of molesting 17 women students at a private management institute here, was initially remanded in five-day police custody and then sent to jail under judicial custody.

In the 2020 Delhi riots larger conspiracy case, the arguments on framing of charges against student activist Umar Khalid were completed on November 3. Khalid's counsel claimed in the court that evidence was fabricated to implicate him, and he was jailed for five years in this "joke of an FIR".

A court junked an order directing Delhi Police to "further investigate" the role of Delhi Law Minister Kapil Mishra in the 2020 Delhi riots, saying the order suffered from a "serious jurisdictional error".

Shortly after the controversial protest over air pollution at Kartavya Path and Parliament Street on November 23, Delhi Police apprehended 23 protesters for allegedly using pepper spray on police during the demonstration at India Gate and for raising slogans hailing slain Maoist leader Madvi Hidma.

A majority of these protesters are currently out on bail.

In the alleged land-for-job scam, the CBI submitted its final verification report on the status of the accused named in its charge sheet. The CBI, in its verification report, said out of 103 accused named in its charge sheet, five have died.

Meanwhile, a court acquitted three people in a 2009 acid attack case and rapped the police for conducting a "nonchalant and unprofessional" investigation that appeared to be to shield the culprits.

The apex court had termed the prolonged delay in the victim's case a "national shame" and directed the trial to be held on a day-to-day basis.

In the Goa nightclub fire case, a court allowed Goa Police a two-day transit remand of Gaurav Luthra and Saurabh Luthra, co-owners of the Birch by Romeo Lane nightclub, where 25 people were killed in a fire on December 6.

In November, a court allowed jailed Lok Sabha member Engineer Rashid to attend the winter session of Parliament in custody on all dates. He was also granted custody parole between July 24 and August 4 to attend the monsoon session of Parliament.

A court set aside an order asking four journalists to take down alleged defamatory content against Adani Enterprises Limited (AEL), saying the effect of removal of the articles by an ad-interim ex-parte order was "sweeping" and it had the "effect of decreeing the suit itself without a trial".

Earlier this year, a court dismissed BJP MP Yogender Chandolia's plea against a magistrate's order framing charges against him for various alleged offences, including assaulting or using criminal force against a public servant, in a five-year-old case.

In the Kanjhawala hit-and-run case, a Delhi motor accident claims tribunal awarded a compensation of over Rs 36.69 lakh to the family of 20-year-old Anjali Singh, who was killed in an incident in January 2023.

In the Chinese visa scam case, a court ordered the framing of charges for alleged criminal conspiracy and corruption against Congress MP Karti P Chidambaram and six others, saying there was a prima facie case against them.

A court also dismissed a plea which sought a probe against Sonia Gandhi alleging that she was included in the electoral rolls three years before acquiring Indian citizenship in 1983.

A revision plea against the order of dismissal was filed in a sessions court, which has issued notice to the Congress leader and others.

A court discharged 10 TMC leaders in a case linked to a protest outside the Election Commission of India despite prohibitory orders, saying a mere protest for voicing dissent was the hallmark of democracy.

In a case related to the allocation of Mahuagarhi coal block in Jharkhand, a court acquitted former coal secretary H C Gupta, ex-joint secretary (coal) K S Kropha and then director K C Samaria.

Former Minister of State (Coal) Santosh Kumar Bagrodia, former Rajya Sabha member Vijay Darda and others were also acquitted in a 2017 case of allegedly influencing the probe in a coal scam case.

In an alleged sexual harassment case against ex-WFI chief Brij Bhushan Sharan Singh, a court accepted a closure report of Delhi Police seeking to cancel a case filed by a wrestler accusing Singh of sexual harassment when she was a minor.

In May, a court sentenced former Madhya Pradesh MLA Kishore Samrite to six months in jail for threatening to blow up Parliament in September 2022 over his 'unfulfilled demands'.

Bringing down curtains on a 13-year-old case, a court accepted the ED's closure report in a money laundering case against Suresh Kalmadi, the former head of the organising committee of 2010 Commonwealth Games and then secretary general Lalit Bhanot and others. PTI SKM MDB MNR ABA SJK ZMN

Topics

Acts Income Tax