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
    TransUnion CIBIL and State Bank of India's YONO App Collaborate to Integrate CIBIL Score and Report into Everyday Digital Banking
    Rupee declines 6 paise to settle at 90.95 against US dollar
    Maharashtra govt tables supplementary demands of Rs 11,995 crore
    Reduced RoDTEP rates not applicable to exports of agri, processed food products: Govt
    World shares are mixed after heavy selling of potential AI losers hits Wall Street
    Ganesh Housing Hosts Strategic Dialogue on India–UK CETA at Million Minds Tech City SEZ
    Satyendra Kumar: The Pioneer of India’s Financial Modernisation
    Every violation of RBI fraud rules not open to court scrutiny: HC on lifting Anil Ambani case stay
    IBEX India 2026 to Honour Trailblazers at the Prestigious BFSI Tech Awards 7 April 2026 | Jio World Convention Centre, Mumbai, India
    Markets slump nearly 1 pc on IT rout; Trump tariff worries hit investor sentiment
    China puts Japanese companies on export control lists as tensions rise
    Asian shares are mixed after heavy selling of potential AI losers hits Wall Street
    PM Carney to travel to India, Australia and Japan to diversify Canada trade away from US
    After Supreme Court rebuke, Democrats call for government to refund billions in Trump tariff money
    SP's support base declining, should pay attention to its affairs: BJP
    The Latest: Trump threatens countries to abide by tariff deals despite Supreme Court decision
    US stocks drop after Trump ramps up his tariffs and worries flare about potential AI losers
    EU hits pause on US trade deal as it seeks clarity over latest Trump maneuver
    Ontario's premier says 'the walls are closing in' on Trump after Supreme Court tariff decision
    Chhattisgarh ACB/EOW arrests Tuteja in DMF 'scam', Dhebar in CSMCL overtime payment irregularities
❯❯
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 24, 2026
Show AI Summary
Consumer credit information access enables customers to view and simulate effects on their credit score within their banking app.
Integration embeds consumer credit information access into the bank's YONO app, enabling authenticated customers to view their CIBIL Score and full report, use report analysis and FAQs, and operate a score simulator to model credit events (opening/closing accounts, late payments, clearing dues, new enquiries) so users can monitor credit health, learn via gamified content, and make more informed borrowing decisions within a secure digital banking interface.
February 24, 2026
Show AI Summary
Foreign exchange intervention: central bank actions influence currency stability amid trade-policy uncertainty and oil-driven external pressures.
The rupee modestly weakened amid a stronger dollar, higher global oil prices, and weak domestic equities, with reports of possible Reserve Bank intervention selling foreign currency to prevent the exchange rate breaching a psychologically sensitive level; trade-policy uncertainty and reference to a Supreme Court ruling are noted as additional volatility drivers.
February 24, 2026
Show AI Summary
Supplementary demand for additional budgetary grants expands state allocations across energy, industries, water, and social sectors.
The state government presented supplementary demands totalling Rs 11,995.33 crore-Rs 5,748.10 crore on the revenue account and Rs 6,003.79 crore on the capital account-with the largest allocation of Rs 4,066 crore for energy, labour, industries and mining, including Rs 3,262 crore for power and Rs 803 crore for village and small industries, alongside specified departmental requests for water supply and sanitation, planning, rural development, food and civil supplies, revenue and forest, medical education and drugs, and OBC welfare.
February 24, 2026
Show AI Summary
Reduced RoDTEP rates not applicable to agri and processed food exports, DGFT clarifies after rate cuts
The reduced rates and value caps under the RoDTEP scheme notified on February 23, 2026, are not applicable to exports of agricultural and processed food products falling under ITC HS Chapters 01-24, the DGFT has clarified, thereby excluding those chapters from the newly prescribed lower rates and caps and preserving their existing RoDTEP treatment.
February 24, 2026
Show AI Summary
Market volatility driven by AI disruption and trade-policy shifts rattles investor confidence, boosting chip stocks while pressuring AI-exposed firms.
Market volatility intensified as heavy selling targeted companies seen as losers from rapid AI adoption while AI infrastructure suppliers gained; a research scenario warning of AI-induced erosion of the human-centric consumer economy heightened displacement and deflationary concerns, prompting reallocations toward chip and equipment makers and steep declines for cybersecurity and software firms. Trade-policy rhetoric and tariff measures further amplified uncertainty, producing mixed regional market reactions and notable moves in oil, currencies, and cryptocurrency.
February 24, 2026
Show AI Summary
Trade facilitation for SEZs under the India-UK agreement could boost export competitiveness and attract technology investment.
Seminar examined the India-UK Comprehensive Economic and Trade Agreement's effects on Special Economic Zones, highlighting trade facilitation, reduction of non tariff barriers, improved market access for SEZ enterprises, and the role of SEZ infrastructure and governance in converting treaty commitments into export competitiveness and sustained investment-with targeted focus on IT/ITES and semiconductor SEZs.
February 24, 2026
Show AI Summary
Financial modernisation drove phased computerisation and regulatory reforms to strengthen banking operations and promote inclusion.
Satyendra Kumar advocated phased computerisation of banking operations as a strategic investment to correct systemic weaknesses in public sector banks, improve transaction processing and fraud prevention, and pave the way for widespread adoption of Core Banking Solutions.
February 24, 2026
Show AI Summary
Regulatory directives not always subject to judicial scrutiny; banks may proceed with fraud classification absent clear irreparable harm.
The Master Directions aim to secure public money by enabling early detection, reporting and mitigation of fraud risk, and not every contravention of those Directions is amenable to judicial scrutiny. Banks may engage external auditors or forensic experts and the Directions do not require a mandatory form of forensic report before banks make final decisions. An earlier interim stay on banks classifying accounts as fraud was set aside as procedurally irregular and based on flawed factual and legal assumptions; continuation of proceedings was held not to cause irreparable harm and injunctive relief was inappropriate.
February 24, 2026
Show AI Summary
Nomination rules: one entry per category for BFSI Tech Awards, judged by an independent expert panel; submit by the deadline.
Public and private sector banks, co-operative banks, NBFCs, and insurance companies may nominate measurable, scalable technology-led initiatives. Only one team or division may be nominated per category; multiple entries within the same category are prohibited. Nominations must include detailed case studies addressing objectives, implementation, innovation, measurable outcomes, and long-term impact. An independent panel of industry and technology experts will adjudicate entries to ensure transparent, merit-based evaluation, and awards will be conferred by a designated industry leader. A final submission cutoff and contact details are provided.
February 24, 2026
Show AI Summary
Trade policy risk from tariff remarks dents markets, compounding AI-driven IT sector rout and oil-price pressures.
Equity benchmarks fell nearly one percent as a sharp selloff in IT stocks-driven by fears of AI-related disruption-pulled indices lower, while trade-policy uncertainty from tariff remarks and rising crude oil prices compounded market unease; foreign institutional buying contrasted with domestic institutional selling.
February 24, 2026
Show AI Summary
Export controls: China bans dual-use exports to selected Japanese firms and tightens licensing with risk assessments and pledges.
China imposed targeted export controls on selected Japanese firms by banning exports of designated dual-use goods to a specified group and requiring individual export licences, risk assessment reports, and written assurances for another group; the measures also bar foreign persons from supplying those banned items and require immediate cessation of related activities.
February 24, 2026
Show AI Summary
Presidential tariffs prompt legal uncertainty after court rejection of broader authority, spurring market volatility and potential litigation.
The article reports that the president announced a temporary import tariff measure after the Supreme Court struck down a broader reciprocal tariff regime, raising questions about the scope of presidential tariff authority and the likelihood of subsequent litigation. The announcement produced market volatility as investors weighed legal uncertainty over trade policy and possible challenges to the new, narrower tariff action.
February 24, 2026
Show AI Summary
Trade diversification strategy: Canadian prime minister seeks to expand non US exports and secure partnerships on critical minerals and clean energy.
The Canadian prime minister is undertaking visits to India, Australia and Japan to expand export markets and attract investment, conducting high level meetings and sectoral talks-including defence, artificial intelligence, clean energy, critical minerals and food security-to increase non US exports and reduce dependence on the United States, driven by concerns over tariff threats and economic coercion and set against strained Canada-India relations.
February 24, 2026
Show AI Summary
Illegally collected tariffs: lawmakers seek mandatory refunds and interest while administration says refunds await court litigation.
Senate Democrats propose legislation directing Customs and Border Protection to refund tariff revenues found to have been collected under unlawful executive orders, requiring refunds within 180 days with interest, prioritising small businesses and encouraging importers and wholesalers to pass repayments to customers, while the administration maintains refunds should be resolved through litigation and that the Supreme Court ruling did not settle refund procedures.
February 24, 2026
Show AI Summary
Political criticism: BJP says opposition's remark reflects organisational decline, urging focus on party affairs and governance.
BJP leadership dismissed an SP chief's remark about potential legislative manoeuvring as reflecting opposition frustration and political bankruptcy, stressing that the SP's support base is declining amid nepotism and infighting while the BJP emphasises discipline and governance priorities.
February 24, 2026
Show AI Summary
Tariff authority challenged after court ruling; executive threatens higher uniform import taxes while refund legislation advances.
The article concerns the legal and policy dispute after the Supreme Court struck down broad import tariffs imposed under an asserted emergency powers authority, the executive threat to raise and enforce uniform import taxes despite that ruling, and proposed legislation to require refunds with interest administered by customs, prioritizing small businesses, while refund procedures remain legally and operationally uncertain.
February 24, 2026
Show AI Summary
Tariffs escalation jolts markets, triggering investor concern over AI-vulnerable firms and renewed trade uncertainty globally.
The article describes markets reacting to the administration's escalation of temporary import tariffs after the Supreme Court limited a prior broad tariff framework, with the executive signaling use of alternative statutory routes for permanent measures. That policy shift, coupled with investor selling of companies deemed vulnerable to AI-driven competition and ambiguous signals from monetary authorities, is framed as intensifying trade-policy uncertainty and contributing to sector-specific stock declines and broader market volatility.
February 24, 2026
Show AI Summary
Tariff cap breach imperils trade agreement ratification as EU seeks clarity on unilateral global import duties.
EU legislators paused ratification of the US EU trade deal after the US announced a unilateral global import tariff under an alternative trade law; the EU says applying that duty on top of existing tariffs would breach the agreed tariff ceiling and demands clarity on how the US will honour the agreement. The measure also raises questions about bilateral deals negotiated with reference to prior tariff threats and is of limited duration unless extended by the legislature.
February 23, 2026
Show AI Summary
Emergency powers limits shift trade leverage, constraining executive tariff authority and increasing political pressure ahead of midterms
A national emergency based tariff regime was largely invalidated by the highest court, prompting the executive to propose reliance on a narrower legal authority; coupled with a congressional resolution to end the declared emergency, these developments constrain executive tariff powers and affect trade sectors such as aluminum, steel, autos and lumber.
February 23, 2026
Show AI Summary
Misuse of government funds prompts arrests in alleged DMF and overtime payment diversion probes and ongoing money laundering inquiry.
Anil Tuteja and Anwar Dhebar were arrested on allegations of diversion of public funds: Tuteja is accused of facilitating DMF project allotments to known firms in exchange for commissions, establishing prima facie offences of misuse of government funds, criminal conspiracy and corrupt practices, while the ED probes money laundering; Dhebar is accused of receiving commissions from diverted overtime payments billed by agencies for CSMCL workers, causing reported financial loss to the state. Both were remanded to custodial investigation and further probe is underway.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

'Yield', 'authenticate' and 'leave': Jargons swell Parliament's 'Well'

February 11, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Feb 11 (PTI) "Yield" does not mean profit or a farm produce here, "leave of the House" is not actually leaving it, there is no water in its "well", "zero hour" does not refer to the midnight or start of an operation, and "authenticating" is not as simple as self-attesting a document.

Jargons are flowing thick and fast during the ongoing fiery Budget Session of Parliament, where everyone speaking is not a "Speaker" and speeches given in response to the Union Budget, or the President's Address before that, is not a "reply".

Some MPs have agreed to "yield", some did not. Some have asked for the "authentication" of documents being quoted, to which some agreed and some did not. Quite often, opposition MPs thronged the "well", but there has been no occasion for a "division" so far.

Here is a primer on what these and a few more parliamentary jargons mean: Authentication: An MP is required to authenticate any document being quoted by giving it in writing to the Speaker or Table of the House. He or she needs to mention that they stand by what is being quoted and they verify the content of the document being quoted. Thereafter, the Speaker can allow or disallow it, though the government can later propose an action if the "authenticated" document is not found to be correct.

Table of the House: In the pit of the two Houses of Parliament, just in front of the table of the Secretary-General, lies the Table of the House.

This is where the papers required to be laid on the Table of the House are formally placed.

Table office outside the Lok Sabha or Rajya Sabha chamber is also considered an authentic source of which Bill, statement or report was tabled in the House.

Well: It is the space between the seating areas for MPs and the high chair of the Speaker in case of the Lok Sabha and the Chairman in the Rajya Sabha.

Speaker: Speaker is the principal presiding officer of the Lok Sabha. He is chosen by the House from among its members by a simple majority of members present and voting. Within the walls of the House, his authority is supreme.

Leave of the House: It is the formal approval given by the House to a member to move a motion or withdraw the same. A member can seek the leave of the House only after he or she has been permitted to do so by the Speaker. The member is required to rise in his or her place and ask for the leave. After the leave is granted, the member cannot withdraw the motion without the permission of the House.

Yield: "Yielding" or "yielding the floor" refers to a member agreeing to stop speaking to allow another member to speak. It is meant to allow interruptions in an orderly manner. However, the speaker has an option not to give way or yield and go on with his or her speech, if the interruption is not for raising a point of order or with the permission of the Chair.

Point of Order: Any member can bring to the Chair's notice any instance of what he or she considers a breach of order or a transgression of any written or unwritten rule or convention of the House. In such cases, a member is allowed to interrupt proceedings of the House by rising and saying, "On a point of order, Mr Chairman/Speaker" and then state the point in question.

It is up to the presiding officer to accept or reject the said point of order.

The member raising a point of order has to specify the rule under which he or she seeks direction of the Chair.

Reply: Whenever a debate takes place, whether in response to the President's Address, Union Budget or a Bill, proportionate time is allocated to members from various parties. However, the speeches made by all the MPs are not called "replies". It is only the last speech that is called a "reply", which is given by the concerned minister in case of the Budget or Bills, and by the Prime Minister in case of the President's Address or a no-confidence motion.

Zero Hour: It is an Indian parliamentary innovation and started in its first decade when it was felt that there should be some allocated time for MPs to raise issues of public importance, related to their constituencies or to the nation, without any advance notice. Generally, it starts at 12 noon and continues till 1 pm before the House adjourns for lunch, but there have been occasions when the Zero Hour has been held at other hours, besides 12 noon.

Division: Division is ordered by the Chair when his opinion on the question just decided by voice vote is challenged by members who demand a division.

It involves casting and counting of votes by the members present in the House. Once the division is ordered, lobbies need to be cleared by non-members and then electric bells are rung in the entire Parliament complex to alert those MPs present there, so that they can rush to the House to record their votes. Once the bells stop ringing, all entrances to the lobby are closed and there cannot be further entry or exit of members from these entrances. PTI BJ RUK RUK

Topics

Acts Income Tax