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
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.
RelevanceDefaultDate
    No Records Found
    ❯❯
    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:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :
        Customs & Trade

        NDA leaders in Kerala welcome India-EU, US FTAs, accuse oppn of blocking development

        February 5, 2026

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Kochi, Feb 5 (PTI) NDA leaders in Kerala, Rajeev Chandrasekhar and Sabu M Jacob, on Thursday welcomed India’s Free Trade Agreements with the US and the European Union, and accused opposition parties of "trying to block development".

        BJP state president Chandrasekhar and Twenty20 party president Jacob were speaking at a meet-the-press programme here.

        Twenty20, based in Kizhakambalam in Ernakulam district, recently joined the NDA.

        Chandrasekhar said that prior to the Covid-19 pandemic, global manufacturing was dominated by China, but several manufacturers, including mobile phone maker Apple, later began shifting operations to India.

        "The India-US FTA will have a major impact on electronics, electronic components, semiconductor manufacturing and artificial intelligence sectors. India will become a competitive destination, challenging China’s dominance in technology sectors," he said.

        He added that the manufacturing of garments, apparel, sportswear and footwear is currently dominated by countries such as China and Vietnam, but the FTAs would provide a major opportunity for Indian exporters.

        Chandrasekhar alleged that Kerala was failing to attract manufacturing and related investments.

        "The next five years present a great opportunity for Kerala. If a pro-investment government comes to power, lakhs of jobs will be created following the India-EU and India-US FTAs," he said.

        He accused the CPI(M) of opposing the FTAs with what he described as an "illogical stand".

        "The India-EU FTA will reduce Europe’s dependence on China, the largest supplier of manufactured goods to the EU. Once implemented, India will become a major supplier. Should this not be welcomed?" he asked.

        He said the FTAs would act as a catalyst for startups, entrepreneurship and employment, particularly for the younger generation.

        Jacob, managing director of Kitex Garments, which exports clothing to the US, said the FTAs signed by India would prove historic.

        "It is a historic victory. Even developed countries in Europe and Japan could not achieve this. In effect, the US had to yield before India," he said.

        Jacob said the US decision to hike tariffs had earlier severely affected his business, but India stood firm despite the impact on industries and people.

        He praised Prime Minister Narendra Modi for what he described as a strong and mature handling of the situation.

        "Despite personal attacks, he remained calm and firm. Ultimately, the US President had to reach out to reduce tariffs," Jacob said.

        He said the India-EU trade deal also presented a significant opportunity and could not have been achieved by previous governments.

        "India’s exports to the US currently stand at about USD 89 billion. This could reach USD 500 billion over the next five years. The EU FTA will open opportunities worth around USD 70 billion," he said.

        Calling it a "golden age" for India, Jacob said the FTAs would generate large-scale employment and corporate growth.

        He alleged that those opposing FTAs were "against development" and wanted people to migrate abroad for jobs.

        Jacob said the FTAs would not harm farmers or industries, as the agreements were finalised after extensive discussions.

        Responding to a question on whether Twenty20 aligned with the NDA following an Enforcement Directorate notice, Jacob denied any connection.

        He said multiple state government departments had conducted inspections at Kitex units in 2021 but found no violations.

        "If there is any violation, it should be proved in court. Notices from agencies are routine and part of the process," he said.

        Both leaders criticised the LDF government for what they termed "a lack of development" in Kerala and urged people to give the NDA a chance to bring change.

        Chandrasekhar rejected the LDF’s allegation that the union budget ignored Kerala, claiming the Centre had provided record funds to the state over the past decade.

        On the upcoming elections, he said seat-sharing discussions are ongoing, and that winnability would be a key factor in candidate selection.

        He also announced that an NDA office would be opened in Kochi to coordinate activities in central Kerala. PTI TBA SSK

        India-EU and India-US FTAs expected to boost manufacturing, exports, investment and job creation in key sectors. NDA leaders in Kerala endorsed the economic effects of India's Free Trade Agreements with the US and EU, arguing the accords will expand market access, boost manufacturing and exports in electronics, semiconductors, apparel and footwear, attract investment, spur startups and job creation, and position India as a competitive supplier. They criticised the state government's development record and opposition resistance. An industry representative denied any improper link to an enforcement notice, characterised inspections as routine, and said alleged violations must be proven in court.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                India-EU and India-US FTAs expected to boost manufacturing, exports, investment and job creation in key sectors.

                                NDA leaders in Kerala endorsed the economic effects of India's Free Trade Agreements with the US and EU, arguing the accords will expand market access, boost manufacturing and exports in electronics, semiconductors, apparel and footwear, attract investment, spur startups and job creation, and position India as a competitive supplier. They criticised the state government's development record and opposition resistance. An industry representative denied any improper link to an enforcement notice, characterised inspections as routine, and said alleged violations must be proven in court.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found