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
    BJP gave ''zero'' to TN in Union Budget, people must give back 'zero' to them in polls: Stalin
    Global engagement inevitable but should be done without pressure, not be tariff-driven: Bhagwat
    West Bengal Assembly passes Appropriation Bill after heated debate
    Union Budget reflects govt's commitment towards villages, farmers: Rao Narbir Singh
    Siddaramaiah launches software, mobile app developed to facilitate chit transactions
    Two indigenous quantum computers will be launched on April 14: Andhra CM
    I-T dept releases draft rules, forms for new Income Tax Act; seeks public inputs
    Nabin kickstarts BJP's campaign in Kerala, promises to fight for justice in Sabarimala issue
    ISM 2.0 to prioritise chip design, ecosystem partners, talent: Ashwini Vaishnaw
    Following are the top foreign stories at 2040 hours
    Trade deal with US gives another boost to India's roaring growth engine: Amit Shah
    End of Thackeray-era, BJP's Ritu Tawde set to become Mumbai mayor in unopposed contest
    IPO-bound MF arm dividend powers SBI to highest ever net at Rs 21,028 cr in Q3
    Partition took place because `Hindu bhav' was forgotten: RSS chief Bhagwat
    Ride hailing app services partially impacted as drivers go on strike
    Bengal minister voices displeasure after mic 'turns off' while speaking in assembly
    Indo-US trade deal in our nation’s favour: Ladakh LG Kavinder Gupta
    US wines, spirits, dry fruits to enter India at lower or zero duty under trade pact
    India US Interim Agreement framework to support MSMEs integration into global value chains: FM
    BJP-led NDA will form govt in Kerala in 2026: Nitin Nabin
❯❯
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 7, 2026
Show AI Summary
Tamil Nadu budget allocations: state demands include funding, tax share, NEET exemption, and protection of state autonomy.
The chief minister contends the Union Budget provided "zero" to Tamil Nadu and sets out specific fiscal and project demands - education funding, new railway projects, completion of Madurai AIIMS, a 50% tax share, and NEET exemption - framing the Budget failure as a denial of actionable state allocations. He advances a federalism critique that centralisation undermines state autonomy and warns against language-policy imposition under the three-language framework. He further argues NEET and similar centralised exam regimes threaten reservation-based social justice and seeks exemptions to preserve equitable educational access.
February 7, 2026
Show AI Summary
Global engagement should proceed without external pressure and not be tariff-driven, while buying local supports employment.
Global engagement is inevitable but must be pursued without external pressure and should not be tariff-driven; trade interactions must suit India's interests and environment. Citizens are urged to prioritise Indian-made products over foreign commodities where feasible to support domestic employment and job growth, as part of broader social priorities including harmony, environmental protection, self-awareness, family values and civic duties.
February 7, 2026
Show AI Summary
West Bengal Appropriation Bill passed after debate; opposition pressed for DA clarity, social welfare, jobs, and fiscal transparency.
The West Bengal Appropriation (No. 1) Bill, 2026 was tabled and enacted after debate in which the opposition demanded increased MLA development funds, pension revision for former legislators, DA clarity for government employees, inclusion of persons with disabilities in budget provisions, transparent development and job-creation statistics, written responses to questions, and measures to reduce state debt; implementation gaps in the Ghatal Master Plan and the impact of the Yuva Sathi allowance were also criticised, and the finance minister noted blocked central dues exceeding one lakh crore rupees.
February 7, 2026
Show AI Summary
Union Budget raises rural and agriculture allocations and includes a large fertilizer subsidy to lower farmers' costs.
Union Budget proposals increase allocations for rural and agriculture sectors, with Rural Development funding up 21 percent and combined Rural Development and Agriculture allocations reported to exceed Rs 4.35 crores. A fertilizer subsidy provision of Rs 1,70,944 crore is included to lower farming costs and directly benefit farmers, and stakeholder suggestions will be reviewed for inclusion in the state budget during the legislative session.
February 7, 2026
Show AI Summary
MSIL launches app to digitise chit fund transactions with UPI payments, online bidding and expanded agent networks.
MSIL launched a software platform and mobile app to digitise chit fund transactions-integrating UPI and online bidding-to enhance transparency and reduce fraud, expand access via appointed agents including women self help group Sakhis and retail outlets, prioritise rural outreach and government employees, and implement a Vision 2030 roadmap supported by CSR funding to scale operations.
February 7, 2026
Show AI Summary
Quantum computers will launch in Amaravati to seed a regional hub for research, local manufacturing, and talent development.
The Amaravati Quantum Valley will host two indigenous quantum computers as reference facilities on April 14, integrating industry-academia-government MoUs, quantum cloud services, an innovation centre, and a talent hub to position the region as a centre for quantum research, local component manufacturing, talent development, and applications in quantum medicine and biology under the broader National Quantum Mission.
February 7, 2026
Show AI Summary
Income tax draft rules and simplified smart forms released; public comments invited by Feb 22.
The tax department released draft rules and forms under the new Income Tax Act, 2025, inviting stakeholder comments and aiming to simplify and consolidate the regulatory framework. The draft rules reduce redundancies, standardise common information, and introduce smart forms with prefill and automated reconciliation. Two navigators map old rules/forms to the new drafts. The proposals rationalise perquisite thresholds and revise the definition of Accountant for certification, linking it to experience and revenue criteria, with separate thresholds for entities providing accountancy or valuation services.
February 7, 2026
Show AI Summary
Sabarimala gold loss case: BJP pledges to pursue justice as SIT probe and arrests continue.
A Special Investigation Team formed following judicial direction is probing two cases about gold missing from guardian deity idols and sanctum doorframes at the Sabarimala shrine; the probe has led to the arrest of 12 persons, including two former Devaswom Board presidents. The BJP has pledged to pursue justice in the matter and has made the investigation and resulting arrests a central part of its political campaign narrative.
February 7, 2026
Show AI Summary
India Semiconductor Mission 2.0 will prioritise indigenous chip design and talent development, backed by Rs 1,000 crore.
India Semiconductor Mission 2.0 will prioritise indigenous chip design, productisation, ecosystem partner engagement and talent development, backed by Rs 1,000 crore for FY 2026-27 and an emphasis on industry led research and training centres. The programme targets support for production at the 2 nanometer node, integration of equipment and materials suppliers, deployment of EDA tools across institutions, and explicit talent objectives including an 85,000 person ten year target and substantial early progress already recorded.
February 7, 2026
Show AI Summary
India-US interim trade framework reduces import duties to boost two-way trade and expand market access.
India and the United States have reached a framework for an interim bilateral trade agreement in which both parties will reduce import duties on selected goods to boost two way trade and expand market access, including for American farmers; this forms part of a series of trade deals that Indian officials say reinforce India's role as a trusted partner.
February 7, 2026
Show AI Summary
India-US trade agreement establishes reciprocal tariff cuts and duty removals to expand market access and two way trade.
Interim bilateral trade framework sets reciprocal tariff adjustments: the United States will reduce tariffs on specified Indian goods to 18% from about 50%, and India will eliminate or reduce import duties on all American industrial goods and a specified list of agricultural and food products, as the first phase of the broader Bilateral Trade Agreement, with formal signing expected by mid March.
February 7, 2026
Show AI Summary
Mumbai mayoral election: BJP candidate Ritu Tawde nominated unopposed under a woman open-category reservation, process to proceed.
BJP's Ritu Tawde was nominated unopposed for Mumbai mayor after other parties did not file competing nominations by the filing deadline; the post was made reserved for a woman from the open category by a draw of lots. Officials recorded single nominations for mayor and deputy mayor before the deadline and the municipal election process will continue according to the scheduled withdrawal and procedural dates.
February 7, 2026
Show AI Summary
State Bank of India's profit boosted by a Rs 2,200 crore mutual fund dividend amid stronger loan growth and regulatory support.
A Rs 2,200 crore special dividend from the IPO bound mutual fund arm materially lifted standalone net profit and non interest income. The bank raised its FY loan growth target to 13-15% amid 15.14% loan growth, a 72% credit deposit ratio, excess government securities holdings, and a large sanctioned loan pipeline. Management flagged regulatory support from RBI measures allowing bank lending to REITs and an RBI stance on compensating defrauded customers, while asset quality improved and capital adequacy stood at 14.04%.
February 7, 2026
Show AI Summary
Partition of India occurred due to forgetting Hindu sentiment, and Hindutva preserves cultural unity, says RSS chief.
Mohan Bhagwat contended that the partition resulted from a neglect of collective Hindu sentiment and maintained that Hindutva need not displace personal religious practice, language or food habits, framing it instead as a guarantee of individual safety within the nation. He promoted dialogue to address factual criticisms of the RSS, opposed reliance on perception or propaganda, advocated balanced swadeshi with global interdependence (not tariff-driven), and called for social measures-family dialogue, self-pride and self-awareness-to strengthen peaceful co-existence.
February 7, 2026
Show AI Summary
Ride-hailing drivers protest for minimum base fares and a ban on non-commercial vehicles operating commercially.
Drivers staged a coordinated partial stoppage refusing some bookings during demand surges to protest dynamic fare increases and to demand that the government notify a minimum base fare, and to bar use of non-commercial vehicles for commercial passenger and goods transport, pressing regulators to establish fare slabs and clarify vehicle classification.
February 7, 2026
Show AI Summary
Assembly microphone cut off during a minister's speech, raising questions about speaking list rules and speaker discretion.
A minister's microphone was switched off while speaking because his name was not on the original speakers' list; the Speaker acknowledged the omission but exercised discretion to allot four minutes, after which warning and cutoff lights activated and the microphone was reportedly silenced, prompting visible displeasure and a subsequent cordial recess meeting with the Speaker.
February 7, 2026
Show AI Summary
Indo US trade deal will expand market access, boost jobs and support Make in India while regional security concerns persist.
The Lieutenant Governor of Ladakh characterises the recent Indo US trade agreement as advancing India's economic objectives by expanding market access, benefiting farmers, creating jobs, and supporting initiatives such as Make in India and startup promotion toward a 'Viksit Bharat' by 2047. He condemns a terrorist bombing in Pakistan, attributes regional instability to Pakistan's security institutions undermining civilian governance, and links defence and technological progress to national advancement.
February 7, 2026
Show AI Summary
US-India trade pact cuts or eliminates tariffs on many goods while addressing non-tariff barriers to trade.
The bilateral framework provides for immediate and phased tariff elimination and reduction on numerous industrial, food, agricultural, medical, and high-value goods, while preserving targeted protections such as minimum import prices. It also requires both parties to address non-tariff barriers, reform restrictive licensing for ICT goods, and establish quota-based and phased modalities; reciprocal zero-tariff access in the partner market is granted for a specified list of Indian agricultural and processed food exports.
February 7, 2026
Show AI Summary
India US trade framework supports MSME integration, cuts tariffs and opens markets while protecting sensitive agricultural sectors.
The India US Interim Agreement framework modifies bilateral market access and duties to support MSME integration and reduce business costs: the US will cut tariffs on specified Indian goods to 18%, India will eliminate or lower duties on a wide range of US industrial and agricultural products, and India intends to purchase USD 500 billion of US goods over five years; the framework preserves safeguards for sensitive agricultural and dairy sectors and includes joint technology cooperation to position India as a hub for AI, data and digital services.
February 7, 2026
Show AI Summary
Election projection: national party claims it will form government, citing increased funding and budget-driven development plans.
The national party asserts it will form the state government, citing a 23% rise in loans and doubled grants-in-aid as evidence of supportive central funding and linking the Viksit Bharat Budget 2026 to growth in Tourism, a Rare Earth Corridor, and High-Value Crops; it accuses prior administrations of sectoral stagnation, raises national security concerns over alleged local support for Islamist forces, and pledges cultural protection, empowerment of women, youth and farmers, and business-friendly measures.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

End of Thackeray-era, BJP's Ritu Tawde set to become Mumbai mayor in unopposed contest

February 7, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Mumbai, Feb 7 (PTI) BJP's Ritu Tawde is all set to become the mayor of Mumbai and the party's first in four decades after Shiv Sena (UBT) decided against fielding a challenger, making the contest unopposed and ending the Thackeray family’s 25-year dominance over the richest civic body.

Though largely ceremonial, the mayor’s post carries enormous political and symbolic significance in Mumbai’s identity-driven politics. Tawde’s elevation marks the BJP’s return to the post after 44 years, the last being Prabhakar Pai in 1982–83.

On the final day of filing nominations, the Eknath Shinde-led Shiv Sena, a BJP ally in the ruling Mahayuti, named Sanjay Ghadi as its candidate for deputy mayor. The party announced that the deputy mayor’s term would be split, allowing four or more corporators to serve during the tenure.

Tawde's elevation means the Uddhav Thackeray-led Shiv Sena will not be able to occupy the mayor's post after 25 years. The undivided party controlled the BMC from 1997 to 2022.

The Mumbai mayoral election is scheduled for February 11, which is the last day to withdraw the nominations.

Tawde and Ghadi filed their nominations at the municipal secretary's office in the presence of Minister Mangal Prabhat Lodha, BJP's Mumbai unit chief Ameet Satam, former Shiv Sena MP Rahul Shewale, and other leaders of Mahayuti.

A senior BMC official told PTI that they have received just one nomination from BJP's Tawde for the mayor’s post and another from Ghadi for the deputy mayor's post before the 6 PM deadline for filing nominations.

Although opposition parties have not filed nominations, the Mayoral election process will be completed as per procedure on February 11.

According to a draw of lots by the Urban Development Department, the Mumbai mayor's post became reserved for a woman candidate from the open category.

Tawde, a corporator from suburban Ghatkopar, told media persons that a safer and developed Mumbai is her vision. She wanted to work for the citizens of Mumbai, which is a cosmopolitan city.

Uddhav Thackeray-led Shiv Sena (UBT) was expected to file a nomination against the BJP candidate, but decided against it after a meeting was convened at Thackeray's residence.

Former Mayor and Shiv Sena (UBT) leader in the BMC, Kishori Pednekar, described the development as a victory of Marathi manoos.

"The BJP had to accept that Marathi manoos is a Hindu. If the mayor of Mumbai is Marathi manoos, we won't do anything that amounts to a bad omen. Our victory in the elections was for Marathi manoos. We have accepted the arithmetic and will play the role of a strong opposition and fight for Mumbai," she said, adding that we are committed to whatever is good for Mumbai.

The Sena (UBT) had raised the emotive "Marathi identity" plank in last month's Brihanmumbai Municipal Corporation elections, where the party had allied with MNS. However, the BJP and Shiv Sena, led by Shinde, emerged victorious.

The BJP emerged as the single largest party in the 227-member BMC by bagging 89 seats, while Shiv Sena won 29 seats.

The ruling alliance, with a combined strength of 118 corporators, is well past the halfway mark of 114 and is well-placed to secure the posts of mayor and deputy mayor.

In the Opposition camp, the Sena (UBT) secured 65 seats, while its allies, the Maharashtra Navnirman Sena (MNS) and the Nationalist Congress Party (SP) won six and one seat, respectively.

Ritu Tawde, who was earlier with the Congress, joined the BJP in 2012 and was elected as a corporator the same year.

During her first term as a member of the BMC, she chaired the Education Committee and was actively involved in raising issues related to local infrastructure, water supply, and public safety.

The corporator from Ghatkopar East (ward 132) was in the limelight during her last tenure for raising the issue of objectionable clothes on mannequins in shops.

Ghadi, a Shiv Sena corporator from Ward number 5, will serve as deputy mayor for 15 months, party secretary Sanjay More said.

He had defected from Sena (UBT) to join the Eknath Shinde-led Shiv Sena.

Addressing a press conference earlier in the day, BJP's Satam said Mumbai is set to get a BJP mayor after 44 years.

BJP's Prabhakar Pai had served as the city mayor in 1982-83.

Satam said the ruling Mahayuti would work to free the BMC from the clutches of corruption.

"Everyone has the freedom to file nomination papers. We have the backing of 118 corporators and the support of more members," he said.

He said the Mahayuti had asserted from day one that Mumbai's mayor would be a Marathi and a Hindu, pointing out that the city will now get "a Marathi, Malvani, Konkani and Hindu mayor".

Satam said the Shiv Sena may have kept the deputy mayor's tenure for 15 months to give opportunities to more party workers.

Reacting to Tawde's nomination, the NCP (SP) said picking a Congress turncoat as the mayor of Mumbai was an insult to the BJP's loyal and experienced corporators.

NCP (SP) spokesperson and secretary Clyde Crasto said the decision has sent a wrong message to BJP workers, who toiled for years to strengthen the party at the grassroots level.

"By choosing a former Congresswoman as mayor, the BJP has insulted its own faithful and loyal corporators who have given their blood, sweat and tears for the party," he said in a statement.

In the January 15 Mumbai civic elections, the Congress won 24 seats, AIMIM eight, the NCP, led by the late Ajit Pawar, three, and the Samajwadi Party two. Two Independent candidates also won in the high-stakes election, held after a nine-year gap.

The BMC commissioner has been serving as the state government-appointed administrator since March 7, 2022, following the end of the previous term.

The BMC is the country's richest civic body, with its budget for the 2025-26 pegged at Rs 74,450 crore, which is higher than that of some smaller states. PTI KK PR MR ARU NP PTI KK PR MR ARU NP NSK

Topics

Acts Income Tax