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
    From Farms to Finance: The Promise and Peril of India's Agricultural Carbon Credits (Part 1)
    ED files chargesheet in R G Kar Hospital financial irregularities case
    Joyville Shapoorji Housing to develop row houses in Howrah, West Bengal
    Halfway to the Moon by Pratik Shah at the New Delhi World Book Fair’26 sold like ‘hot cakes’, proving yet again that poetry readership, although...
    RBI marginally raises inflation projection on higher precious metals prices
    Hasiru Farms Marks 77th Republic Day with 77 Kms Cyclothon at VRUKSHA Project Launch
    LS adjourned till 12 noon amid disruptions, Birla says can't run such a House
    RBI proposes to compensate customers up to Rs 25,000 loss due to fraud
    NEWS SCHEDULE
    Himachal BJP demands release of MLA funds; submits memorandum to Governor Shukla
    RBI keeps interest rates on hold after US trade deal boosts outlook
    RBI raises GDP growth projection of Q1, Q2 of FY27
    Lok Sabha adjourned till 12 noon following Opposition protests
    Stock markets continue to trade lower after RBI pauses rate cuts; IT firms drop
    Ease of Doing Business: India’s Ongoing Regulatory Transformation.
    Highlights of RBI's monetary policy
    Reliance Digital's 'Chill Fest' Goes Live with Unmatched Off-Season Deals on ACs, Refrigerators and Coolers
    Birla Carbon Launches New Continua™ SCM Production Line in Italy
    Milliken Highlights Next-Generation Polymer Solutions at PLASTINDIA 2026
    India and Gulf Cooperation Council Sign Terms of Reference for India–GCC Free Trade Agreement
❯❯
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
February 6, 2026
Show AI Summary
Agricultural carbon credits in India risk benefiting intermediaries unless transparency and fair revenue-sharing protect farmers.
Agricultural carbon credits monetise practices that sequester soil and biomass carbon, offering mitigation potential and farmer income only if supported by robust measurement and verification, fair revenue-sharing, aggregation models, and policy measures; concentrated market control by large aggregators-including firms with input-intensive histories-creates risks of information asymmetry, value capture by intermediaries, and greenwashing, requiring transparency, independent verification, and safeguards to ensure benefits reach farmers and address drivers of soil degradation.
February 6, 2026
Show AI Summary
Enforcement Directorate files chargesheet over alleged money laundering in R G Kar Hospital financial irregularities.
The Enforcement Directorate submitted a chargesheet under the Prevention of Money Laundering Act following an ECIR tracing an alleged illicit money trail relating to financial irregularities at R G Kar Medical College and Hospital; accused Sandip Ghosh remains in judicial remand after arrest by the CBI.
February 6, 2026
Show AI Summary
Joyville launches premium row houses in Howrah offering private ownership within a managed gated community with extensive amenities.
Joyville Shapoorji Housing launches Shapoorji Pallonji One Estate: an 8 acre enclave of 180 premium row houses within Joyville Howrah that pairs private ownership with a managed gated community. The project features landscaped open spaces, communal outdoor areas, a clubhouse with 25+ amenities, on site retail, and strategic connectivity to major transport nodes and arterial roads, presented as part of the developer's ongoing gated community housing platform emphasising livability, security and infrastructure quality.
February 6, 2026
Show AI Summary
Halfway to the Moon by Pratik Shah sold strongly at the New Delhi World Book Fair, praised for direct, resonant free verse.
Pratik Shah's Halfway to the Moon, a forty-poem free-verse collection published by Nu Voice Press and distributed by Penguin Random House India, sold strongly at the New Delhi World Book Fair 2026. Structured in three sections-Gulmohar, Milk, and Lunation-the poems move from outward observation to love and adolescent fracture, and finally to inward identity and mental-state reflection. Its direct, accessible voice resonated across age groups, and all author profits from sales were pledged to charity.
February 6, 2026
Show AI Summary
Inflation projections revised upward due to rising precious metals prices; core inflation remains benign but upside risks persist.
The central bank modestly raised CPI inflation projections-current year to 2.1% and Q1/Q2 of 2026-27 to 4.0% and 4.2%-principally due to higher precious metals prices accounting for about 60-70 basis points; headline inflation remained low while core inflation excluding food and fuel is benign at 2.6%, though geopolitical, energy and weather risks present upside pressure and a new CPI series will inform the April full-year projection.
February 6, 2026
Show AI Summary
Hasiru Farms launches VRUKSHA with 77km Cyclothon and 77 tree plantation promoting road safety and sustainable farmland.
Hasiru Farms launched the VRUKSHA managed farmland project alongside a 77 km Cyclothon to promote road safety and community engagement, culminating in a 77 tree plantation drive. VRUKSHA offers curated farmland plots within a professionally managed ecosystem with long term plantation planning and maintenance, communal wellness and learning areas, and theme based features such as Mannina Mane (mud homes) to integrate sustainability and cultural living.
February 6, 2026
Show AI Summary
Lok Sabha disruptions led the Speaker to adjourn proceedings, citing lost time and warning on maintaining order.
Lok Sabha proceedings were disrupted by opposition protests, leading the Speaker to adjourn the House until noon after recording that over 19 hours of the session had been lost. The chair warned members against crossing into the treasury benches and emphasized the need to maintain order; disruptions followed the disallowance of a quotation from an unpublished memoir and culminated in the Motion of Thanks being passed without the Prime Minister's customary reply due to relentless sloganeering.
February 6, 2026
Show AI Summary
RBI proposes compensation up to Rs 25,000 for small-value digital-payment fraud and issues draft consumer protection guidelines.
A proposal introduces a compensation framework to reimburse customers up to Rs 25,000 for losses from small-value fraudulent digital transactions and revises the 2017 instructions on limiting customer liability in unauthorised electronic banking transactions. Draft revised instructions, including scenarios and timelines for liability and the new compensation mechanism, will be issued for public consultation. Additional draft guidelines will address mis-selling of financial products and harmonised conduct rules for engagement of recovery agents and loan recovery across regulated entities.
February 6, 2026
Show AI Summary
Supreme Court pleas challenge Bihar election results and seek OBC certificate rule changes for children of single mothers.
Supreme Court petitions include a challenge to the Bihar Assembly election results seeking fresh polls; a petition to amend rules for issuing OBC certificates to children of single mothers; a plea to ensure adequate representation of women advocates in state bar councils; and a challenge to refusal to raise judicial officers' retirement age in Madhya Pradesh from 60 to 61 years. These raise issues of electoral validity, administrative rule changes for social welfare certification, representational access in legal regulatory bodies, and judicial service rule amendments.
February 6, 2026
Show AI Summary
Himachal BJP demands immediate release of MLA local development and discretionary funds, citing stalled projects and withheld payments.
The BJP Legislative Party seeks immediate release of withheld MLA Local Area Development Funds and discretionary funds, alleging only partial instalments released and treasury-level stoppages since October 2025 that hinder disaster restoration and constituency work. It asserts that development priorities from opposition MLAs have not been converted into or forwarded as DPRs to NABARD and requests gubernatorial direction to release funds and ensure DPR preparation and transmission so equitable development can proceed.
February 6, 2026
Show AI Summary
Reserve Bank holds repo rate at 5.25% and announces consumer compensation, MSME credit boost, NBFC and market reforms.
The central bank kept the repo rate at 5.25% and retained a neutral stance, citing benign inflation and sustained growth momentum. It announced draft guidelines on mis selling, loan recovery, recovery agents and limiting customer liability for unauthorized electronic transactions, proposed customer compensation up to Rs 25,000 for small-value frauds, a discussion paper on digital payments safety, raised collateral free MSME loan limits to Rs 20 lakh, eased NBFC registration and branch approval requirements for small NBFCs, and proposed removing the Rs 2.5 lakh crore VRR investment cap subject to category ceilings.
February 6, 2026
Show AI Summary
RBI raises GDP growth projections for Q1 and Q2 FY27 to 6.9% and 7%, citing trade deals and GST rationalisation.
The Reserve Bank of India raised quarter wise real GDP forecasts for Q1 and Q2 of FY27 to 6.9% and 7.0% respectively, revising up earlier projections and announcing that full year 2026-27 estimates will follow in April after adoption of updated GDP and CPI series (base 2024=100). The upward revision is attributed to stronger agricultural output, trade agreements, GST rationalisation, and sustaining demand from private consumption and fixed investment.
February 6, 2026
Show AI Summary
Lok Sabha proceedings were adjourned after Opposition protests disrupted the House and prevented the Prime Minister's customary reply.
Lok Sabha proceedings were adjourned until noon after Opposition members entered the Well, shouted slogans and displayed placards, prompting the Speaker to suspend business within minutes and to urge orderly conduct, noting 19 hours and 13 minutes lost to disruptions in the session. The adjournment followed sustained government-Opposition confrontation and the unusual passing of the Motion of Thanks without the Prime Minister's customary reply due to opposition sloganeering.
February 6, 2026
Show AI Summary
RBI pause on rate cuts: repo rate held at 5.25% with neutral stance, sparking equity declines and IT selling pressure.
The Reserve Bank of India retained the repo rate at 5.25% and kept a neutral stance in its sixth bi monthly monetary policy review, pausing further rate cuts amid geopolitical uncertainties; the pause coincided with a market reaction of lower equity indices, IT sector selling pressure, and foreign institutional outflows.
February 6, 2026
Show AI Summary
Ease of Doing Business reforms strengthen digital trade facilitation, tax certainty, and trust-based customs clearance.
The Budget advances a single digital window and Customs Integrated System for expedited cargo clearance, use of non-intrusive scanning and AI, recognition of trusted importers and AEO preferences, expanded duty deferral, and immediate release for goods without compliance requirements; it also proposes rationalisation of MAT including conversion to a final tax at a reduced rate, integrated assessment and penalty reforms, expanded immunity frameworks, and decriminalisation or monetisation of minor technical offences to reduce litigation and compliance burdens.
February 6, 2026
Show AI Summary
RBI monetary policy: repo rate unchanged, neutral stance; measures for fraud compensation and MSME credit expansion.
Monetary policy retains the repo rate at 5.25% with a neutral stance, revises GDP and CPI projections for Q1-Q2 FY27, notes muted underlying inflation excluding precious metals, and records forex reserves. Operational measures include a customer fraud compensation framework up to Rs 25,000, protections against digital fraud for senior citizens, doubling collateral free MSME loans to Rs 20 lakh, allowing banks to lend to REITs, and relaxing certain NBFC branch opening norms.
February 6, 2026
Show AI Summary
Reliance Digital's Chill Fest offers off season cooling deals with Rs. 1 EMI on ACs, big discounts, free delivery and extended warranty.
Reliance Digital's 'Chill Fest' offers off season incentives on cooling appliances combining discounts up to Rs. 21,000, Rs. 1 EMI on ACs, additional bonuses and assured gifts, free delivery and installation, a complimentary outdoor unit, and a five year extended warranty to increase consumer value and accessibility.
February 6, 2026
Show AI Summary
Birla Carbon launches Continua SCM production line in Italy, enhancing circular material supply and regulatory-compliant product consistency worldwide.
New dedicated production line at Birla Carbon's Trecate facility will finish and pack Continua SCM-circular material from end-of-life tires-sourced from Circtec's Netherlands pyrolysis plant to provide large-volume, consistent supply, increase recycled content, enable blending options, reduce homologation costs, and ensure regulatory compliance for customers.
February 6, 2026
Show AI Summary
Milliken showcases advanced polymer additives improving clarity, barrier performance, recyclability and manufacturing efficiency at PLASTINDIA 2026.
Milliken & Company is presenting advanced polymer additives at PLASTINDIA 2026 that improve optical clarity, processing efficiency, barrier performance and recyclability. Key offerings include next-generation clarifiers for polypropylene, nucleating agents, barrier improvers for polyethylene enabling downgauging and mono-material design, performance modifiers for virgin and recycled resins, and specialized colorants and laser-marking additives for engineered polymers and food-contact applications.
February 6, 2026
Show AI Summary
India-GCC FTA ToR set the negotiation framework for tariff, services, investment and market access commitments.
The Terms of Reference create the formal negotiation framework for an India-GCC Free Trade Agreement, defining scope and modalities to guide talks on tariff and non tariff measures, rules of origin, services, investment provisions and mechanisms to enhance predictability and stability; the ToR aim to translate existing trade and investment linkages into negotiated commitments on market access, investment facilitation and sectoral cooperation.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

J-K CM defends 'manifesto-driven' Budget; BJP calls it partisan, disappointing

February 7, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Jammu, Feb 6 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Friday defended his government's second Budget, asserting that it was only natural for it to reflect the National Conference's priorities and manifesto commitments.

Presenting a Rs 1.27 lakh crore Budget for 2026-27 in the Legislative Assembly, Abdullah said the financial plan aimed to lay a strong foundation for sustainable growth, social harmony and economic prosperity in the Union Territory.

The BJP and the PDP slammed the Budget, calling it partisan and disappointing, while the Congress said the Jammu and Kashmir government was aiming to meet public expectations within limited resources. Both the NC and the Congress had fought the 2024 Assembly polls together.

Addressing a post-Budget press conference, Abdullah dismissed the opposition's criticism, saying they could not "have it both ways" by accusing the government of failing to deliver on its promises and then objecting when those promises were implemented.

"I am not apologetic at all about the allegation that this is a National Conference-centric budget. I would have been devastated if someone had said it was a BJP-centric budget. This is a National Conference government. I’m sorry, but the opposition cannot have it both ways," the chief minister said.

"They keep telling me that I am not fulfilling my manifesto or their manifesto. And then, when I actually begin fulfilling my manifesto promises, they turn around and say this is a National Conference-centric budget," he added.

Abdullah said the NC had a presence in every village across Jammu and Kashmir and was the only political party capable of delivering balanced growth and representation.

Taking a swipe at the opposition, he said its role was to oppose, adding that even positive initiatives were criticised because the opposition aspired to occupy the seats of power but had so far failed to do so.

However, the BJP launched a sharp attack on the Budget, with Leader of Opposition Sunil Sharma terming it "disgusting and disappointing", alleging that it shattered the hopes and aspirations of all sections of society.

He accused the government of preparing a partisan document that disproportionately benefits constituencies represented by ruling party MLAs while completely neglecting the genuine concerns of the common people.

“The budget fails to address the long-pending issues of daily wagers, who have been offered only ‘toffees’ instead of meaningful relief or regularisation. It shows no serious commitment toward providing employment opportunities to the unemployed youth of Jammu and Kashmir,” he said, describing the budget as “disgusting and disappointing”.

"The government is merely showcasing centrally sponsored schemes as its own achievements while failing to bring any substantial new initiatives or relief measures for the people of J&K,” Sharma said.

Jammu and Kashmir BJP President and Rajya Sabha MP Sat Sharma termed the budget “lacklustre, directionless and nothing more than a recycled compilation of centrally sponsored schemes”, alleging that it exposed “hollow governance and broken promises” of the NC government.

"The government is repackaging central initiatives without introducing new policies suited to local needs," he said.

BJP MLA Shagun Parihar said the Budget failed to offer solutions to the problems faced by people.

Echoing similar views, Peoples Democratic Party (PDP) MLA Waheed-ur-Rehman Para termed the Budget “very disappointing”, stating that it lacked measures for daily wagers, employees, unemployed youth and farmers.

"The expectations of the general public from this budget were very high... It is a very disappointing Budget. Unfortunately, we had hoped that issues related to daily wagers, employees, the unemployed, and farmers would be addressed," he said.

The Jammu and Kashmir unit of the Congress termed the Budget as an effort by the government to address the development, welfare and employment needs while attempting to meet public expectations within limited financial resources.

“The budgetary proposals aim to address developmental, welfare and employment needs, keeping in view the limited scope within the resources available to the UT government, as stated by the chief minister himself,” Pradesh Congress Committee (PCC) chief spokesperson Ravinder Sharma said.

In his preliminary reaction to the budget, he said the government's priorities appear to be aligned with meeting public needs and expectations, but the Union Territory requires substantial financial support from the Centre in view of its peculiar circumstances and the prolonged period of political uncertainty.

The Congress leader said the Centre must step forward to address the special needs of Jammu and Kashmir, particularly in view of the high unemployment rate, the near absence of a private sector, and the large number of semi-employed or temporarily employed youth awaiting regular absorption.

He said these challenges, coupled with other disadvantages faced by young people in the Union Territory, persist despite the “big promises” made by the BJP-led Centre in August 2019 at the time of the abrogation of Article 370 and bifurcating the erstwhile state into two UTs.

However, Sharma said there needs to be more clarity with regard to the issue of daily wagers and other such categories of workers and employees awaiting regularisation after several years of service.

Meanwhile, Indian Chamber of Commerce (ICC) Jammu Chapter Chairman Rahul Sahai welcomed the Budget, saying that despite reduced GST collections, the government had presented a balanced plan within available resources.

He said additional funding of Rs 1,400 crore under the SASCI scheme, projected Gross State Domestic Product growth of 11 per cent, and infrastructure initiatives such as round-the-clock power supply by 2028, development of a water park at Jagti and expansion of Jambu Zoo. PTI TAS/AB RHL

Topics

Acts Income Tax