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
    USIBC bats for early conclusion of India-US trade deal
    Banks advise customers to complete essential transactions ahead of 3-day strike
    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
    Issuance Calendar for Marketable Dated Securities for October 2026-March 2027
    Government’s Borrowing Plan for the second half of FY 2026-27
    APEDA Facilitates Export of GI-Tagged Gulbarga Tur Dal from Karnataka to Maldives
    11th Meeting of National Traders’ Welfare Board Convened in New Delhi
    DRI seizes 9.40 kg foreign-origin gold worth around Rs. 15 crore at Mumbai airport; three arrested
    DRI seizes over 125,000 kg foreign-origin smuggled areca nuts and 41,000 kg poppy seeds worth around Rs. 20.31 crore in Assam and Mizoram in a crackdo...
    Envision Energy Secures TÜV SÜD Certificate for Wind Farm Control System, Strengthening Long-Term Resilience for Future Energy Systems
    India's forex reserves fall USD 14.89 bn to USD 766 bn: RBI data
    No commitment given to bank unions on 5-day work week by Finance Ministry, say sources
    Ethanol can help raise farmers' income and reduce fuel imports: Gadkari
    Rupee rises 19 paise to close at 95.80 against US dollar
    Check Credit Score and Understand Credit Health with the Bajaj Finance Credit Pulse Report
    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...
❮
❯
❯❯
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
Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
Show AI Summary
Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
Show AI Summary
Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
Show AI Summary
GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
Show AI Summary
Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
Show AI Summary
Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
Show AI Summary
Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
Show AI Summary
Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
Show AI Summary
Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
Show AI Summary
Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
Show AI Summary
Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
Show AI Summary
Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
Show AI Summary
Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
Show AI Summary
Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
Show AI Summary
AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
Show AI Summary
Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
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.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Aptronix Rewrites India's Retail Playbook: Launches Nation's Most Ambitious Device Exchange Revolution with Zero Sales Agenda

January 22, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

In a landmark sustainability move, Apple Premium Partner accepts ANY 10 devices, dead or alive, to combat India's 3.2 million tonnes annual e-waste crisis New Delhi [India], January 22: In what industry experts are calling India's most disruptive retail intervention of the decade, Aptronix, India's largest Apple Premium Partner, has shattered every conventional exchange barrier with the launch of 'Limitless Aptronix Exchange powered by Servify, a groundbreaking program that prioritises planetary health over profit margins.

Breaking away from sales-driven exchange schemes that plague Indian retail, Aptronix's initiative accepts up to 10 electronic devices of ANY brand, ANY condition, and ANY category, including completely non-functional gadgets and household electronics, offering their combined value toward Apple product upgrades. More significantly, devices with zero resale value aren't just accepted, they're celebrated through tree plantation and reward vouchers, transforming e-waste liabilities into environmental assets.

The Sustainability-First Model That Changes Everything Unlike traditional exchange programs designed to accelerate sales cycles, Aptronix has engineered a reverse model where environmental impact drives commercial activity, not the other way around. Powered by technology partner Servify, India's leading device lifecycle management platform, and recycling partner Karo Sambhav, a government-recognised Producer Responsibility Organisation, the initiative creates a closed-loop ecosystem that has never existed in Indian retail.

The program sets unprecedented targets: 500,000+ devices diverted from landfills in Year 1 alone, with an industry-leading acceptance rate of 10 devices per transaction. The initiative maintains a zero rejection policy, guaranteeing 100% device acceptance regardless of condition. For every dead or non-functional device collected, one tree will be planted through verified plantation partners. The environmental mathematics are staggering: the program expects to prevent 2,500+ tonnes of e-waste from improper disposal annually, with a carbon offset potential of 15,000+ tonnes CO₂ equivalent over five years. Customers contributing to responsible disposal will collectively receive an estimated ₹5 crore+ in rewards during the first year alone.

Technology Meets Purpose: The Servify-Karo Sambhav Alliance Servify brings its AI-powered device diagnostics and valuation technology to ensure instant, transparent pricing even for devices in poor condition. Their proprietary platform processes device health assessment in under 90 seconds, creating friction-free customer experiences while maintaining rigorous environmental documentation. This technological backbone transforms what could be a cumbersome multi-device evaluation process into a seamless experience that respects customers' time while maintaining absolute transparency.

Karo Sambhav, managing over 65% of India's formal e-waste recycling infrastructure, ensures every collected device follows government-mandated Extended Producer Responsibility (EPR) protocols, with complete traceability from collection to certified recycling facilities across 28 states. This partnership guarantees that environmental promises translate into verified environmental action, with full documentation and compliance at every step of the recycling journey.

Leadership Voices: Redefining Retail Responsibility The initiative was unveiled at a landmark press conference at Le Méridien, Connaught Place, New Delhi, attended by sustainability advocates, technology leaders, and environmental policymakers.

Ms. Meghna Singh, CEO, Aptronix, articulated the vision behind this paradigm shift: "We're declaring war on the toxic narrative that retail must choose between profitability and planetary survival. Limitless Aptronix Exchange, powered by Servify, proves that India's consumers are ready to embrace technology upgrades without environmental guilt. By accepting dead devices others reject, we're not just preventing 500,000 gadgets from rotting in landfills; we're igniting a national conversation about conscious consumption. This isn't corporate social responsibility theatre; this is business model transformation. When customers see us plant trees for their broken phones and reward them for doing the right thing, we're encoding sustainability into their upgrade DNA. That behavioral shift will outlive any quarterly sales target." Mr. Sreevathsa Prabhakar, Founder & CEO, Servify, emphasised the technological backbone enabling this vision: "Limitless Aptronix Exchange, powered by Servify, represents the convergence of India's digital infrastructure maturity with its urgent sustainability imperative. Our AI-driven platform doesn't just evaluate devices; it democratizes access to premium technology by finding value where traditional systems see waste. We've engineered transparency into every transaction: customers know exactly what their old devices are worth in 2 minutes, and they know exactly where those devices go afterwards. In partnership with Aptronix and Karo Sambhav, we are not just managing device lifecycles; we are architecting India's first truly circular electronics economy at retail scale. The data insights we are generating will fundamentally reshape how the industry thinks about device residual value and environmental accountability." How Limitless Aptronix Exchange Powered by Servify Works For functional devices, customers can bring up to 10 electronic devices, including smartphones, tablets, laptops, smartwatches, and household electronics from any brand. These devices receive instant AI-powered valuation via Servify technology, with the combined value credited toward any Apple product purchase. The devices then enter certified refurbishment or responsible recycling streams, ensuring maximum lifecycle value extraction.

For dead or non-functional devices, the program maintains complete acceptance with no device rejected. Each dead device triggers the planting of one tree on the customer's behalf through verified plantation partners, while customers receive gift vouchers as sustainability rewards. All devices undergo 100% EPR-compliant recycling through the Karo Sambhav network, and customers receive a digital certificate documenting their environmental contribution.

Why This Matters Now India generates 3.2 million tonnes of e-waste annually, ranking third globally, yet recycles less than 10% through formal channels. With smartphone penetration crossing 60% and upgrade cycles shortening to 18-24 months, the nation faces an impending environmental crisis that conventional retail actively accelerates.

Aptronix's model directly addresses the "drawer problem", an estimated 140 million unused devices sitting idle in Indian homes, by eliminating every barrier to responsible disposal while creating positive economic incentive structures. The program recognises that environmental action shouldn't require sacrifice; instead, it should be rewarded, celebrated, and made as frictionless as possible.

The Anti-Sales Sales Initiative In perhaps the program's most radical departure from industry norms, Aptronix has publicly committed that Limitless Aptronix Exchange, powered by Servify success metrics, will prioritise environmental KPIs over revenue targets. The company will measure success through e-waste diverted in tonnes, trees planted in absolute numbers, customer participation rate as a percentage of transactions, recycling compliance scores validated by Karo Sambhav certification, and carbon offset achieved in tonnes of CO₂ equivalent.

Revenue impact, while positive, will be reported as a secondary outcome, fundamentally inverting the typical retail reporting hierarchy. This represents a profound statement about the company's values and a challenge to the industry at large: sustainability cannot be a marketing afterthought or a CSR checkbox. It must be the primary lens through which business success is evaluated.

A New Chapter for Indian Retail With Limitless Aptronix Exchange powered by Servify, India's largest Apple Premium Partner, isn't just launching a program, it's challenging the entire consumer electronics industry to rethink the relationship between commerce and consequence. The initiative demonstrates that sustainability at scale requires more than good intentions; it demands infrastructure, technology partnerships, radical transparency, and a willingness to prioritise long-term planetary health over short-term commercial metrics.

As India races toward its 2070 net-zero commitments, initiatives like this demonstrate that sustainable retail isn't about sacrifice; it's about reimagining value itself. When dead devices become trees, when e-waste becomes rewards, and when upgrade transactions become environmental contributions, retail transforms from extraction to regeneration.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

Topics

Acts Income Tax