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
❯❯
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 10, 2026
Show AI Summary
Parli Thermal Power Station ordered closed for exceeding emission limits and failing pollution control and safety measures.
The Central Pollution Control Board directed the state regulator to immediately stop operation of Parli Thermal Power Station units 6 and 8 for non compliance: units 6-8 operated without a valid Consent to Operate and exhibited PM emissions (87, 85, 91 mg/Nm3) above the 50 mg/Nm3 limit, lacked required online emission and effluent monitoring, discharged untreated sewage and ash into a drain, had effluent pump leakages, missing ash dyke safety audits, no dust suppression at coal yards, and inadequate waste oil management.
February 10, 2026
Show AI Summary
Potash exploration in Fazilka approved with Rs 19.03 crore outlay, 21-month timeline and nine-month review.
Approval was granted for a reconnaissance survey potash exploration project in Choharianwali, Fazilka, covering 48 sq km with an approved outlay of Rs 19.03 crore and a 21 month completion period, subject to a programmatic review after nine months and execution by a designated mineral exploration agency under the Trust's sanctioning process.
February 10, 2026
Show AI Summary
SASCI scheme: J-K to take Rs 3,000 crore interest-free loan over 50 years; government defends move.
Jammu and Kashmir has secured Rs 3,000 crore under the SASCI scheme as an interest free loan repayable over 50 years; the Chief Minister contends internal financial assessment and the time value of money demonstrate limited present fiscal burden, while opponents urge legislative scrutiny and a committee to examine long term fiscal risks.
February 10, 2026
Show AI Summary
XLRI concluded recruitment with highest offer Rs 1.1 crore and average salary Rs 31.4 lakh for the 2024-26 batch.
XLRI concluded its 2024-26 batch recruitment with a highest offer of Rs 1.1 crore per annum, 578 offers from 145 recruiters across Jamshedpur and Delhi NCR, an average salary of Rs 31.40 lakh, a median of Rs 29 lakh for 576 PGDM students, and top roles in consulting, BFSI, and sales and marketing.
February 10, 2026
Show AI Summary
Passenger arriving from Bangkok arrested with 12 kg hydroponic ganja worth Rs 4.2 crore at Bengaluru airport.
Passenger arriving from Bangkok was intercepted at Kempegowda International Airport after customs discovered 12 kg of hydroponic ganja concealed in checked baggage, valued at approximately Rs 4.20 crore, and arrested under the Narcotic Drugs and Psychotropic Substances Act.
February 10, 2026
Show AI Summary
India will continue importing crude from cheapest, best-quality sources and pursue interim trade agreements with the US and EU.
Indian oil companies will continue to procure crude from jurisdictions offering the lowest prices and best quality, considering geopolitical factors and excluding sanctioned sources; procurement may include suppliers newly available after sanctions are lifted. Separately, officials reported progress toward an interim India-US trade agreement and an India-EU FTA, describing reciprocal tariff adjustments (notably an 18 percent US tariff on Indian goods) and an aspirational bilateral import objective of USD 500 billion, with finer terms and confidentiality to be resolved.
February 10, 2026
Show AI Summary
Opposition moves to remove the Lok Sabha Speaker under Article 94C for alleged partisan conduct in House proceedings.
Opposition parties moved a resolution under Article 94C seeking removal of the Lok Sabha Speaker for allegedly conducting House business in a blatantly partisan manner, citing denial of speaking opportunities, arbitrary suspensions of opposition MPs, failure to discipline a government MP for personalised attacks, and the Speaker's remarks urging the Prime Minister not to attend a reply. The Speaker stepped aside from chairing sittings while the motion is pending; Article 96 and voting limitations for a Speaker during a removal motion are noted, and the motion is slated for consideration when the House reconvenes for budget business.
February 10, 2026
Show AI Summary
Peeragarhi triple deaths probe centers on a self-styled mystic; phones seized and forensics pursued amid murder and suicide inquiries.
Investigation into three deaths in a locked car centers on a self-styled mystic with prior acquittals; police cite items at the scene and CCTV showing the mystic in the vehicle, have seized mobile phones for forensic analysis, questioned multiple persons, and are pursuing both murder and suicide lines while awaiting post-mortem and toxicology findings.
February 10, 2026
Show AI Summary
Adulterated food sales targeted in crackdown; enforcement, lab testing and licence cancellations for repeat offenders.
Enforcement actions under the Food Safety and Standards Act, 2006 address unsafe, substandard and misbranded dairy products following laboratory testing; offences include marketing non-dairy formulations as paneer and open sale of soya products, with penalties ranging up to licence/registration cancellation for repeat offenders and administrative measures such as shop sealing, FIR registration and prohibition of sale.
February 10, 2026
Show AI Summary
Power distribution: HERC pushes modernisation, lower AT&C losses and explores consumer choice amid ARR deficit.
HERC reviewed ARR petitions for 2026-27, noting a projected revenue requirement of Rs 51,156.71 crore and estimated revenue at existing tariffs of Rs 52,761.87 crore (surplus Rs 1,605.16 crore) but a net deficit of Rs 4,484.71 crore after adjusting past revenue gaps; the Commission emphasised reducing AT&C losses, modernising the distribution network, improving consumer satisfaction, avoiding passing unnecessary costs to consumers, and exploring future consumer choice, while holding public hearings to solicit stakeholder input.
February 10, 2026
Show AI Summary
Journalist Ravi Nair convicted for criminal defamation over tweets alleged to be false and damaging to Adani Enterprises' reputation.
A magistrate court in Mansa convicted journalist Ravi Nair of criminal defamation after finding that tweets he published contained false and defamatory statements intended to harm Adani Enterprises Ltd's reputation, concluding the publications were not protected as fair comment and that AEL established the essential elements of the offence; the court imposed a custodial term and a fine following a full trial.
February 10, 2026
Show AI Summary
Five-day festival in Mizoram promotes entrepreneurship, MSME growth, and job linkage through skills and targeted support.
A five-day state-led festival organised by the Labour, Employment, Skill Development, and Entrepreneurship Department promotes entrepreneurship, MSME development, decentralised economic activity, and market-linked skill acquisition. The event showcases departmental services and programmes, integrates a job fair to connect job seekers and employers, and emphasises hand-holding support for youth, women, and rural communities with priorities on quality, sustainability, and market relevance.
February 10, 2026
Show AI Summary
Andhra Pradesh seeks Centre approval for Polavaram project, funding for Phase II and release of Rs 1,211 crore for farm schemes for infrastructure and relief.
Andhra Pradesh seeks revocation of the Polavaram stop work order, reimbursement for canal capacity upgrades, and full central funding for Polavaram Phase II including land acquisition, rehabilitation and embankments; requests approvals and support for the Polavaram Nallamala Sagar Link Project; and urges gazette notification of the Vamsadhara tribunal report and constitution of a Godavari Water Disputes Tribunal to resolve interstate water sharing.
February 10, 2026
Show AI Summary
DGCA orders special safety audit of non-scheduled flight operators after fatal VSR Ventures Learjet crash.
DGCA ordered a special safety audit of non-scheduled flight operators, including VSR Ventures, directed on February 2, commencing February 4 and conducted in a phased manner covering VSR Ventures and 14 other non-scheduled operators through February 25, as regulatory oversight pending the Aircraft Accident Investigation Bureau's probe of the January 28 Learjet 45 crash (VT-SSK).
February 10, 2026
Show AI Summary
Lok Sabha resumes Budget debate after stalemate; 18-hour debate set amid Speaker removal notice and member suspensions.
Lok Sabha resumed the Union Budget debate after a stalemate, with Shashi Tharoor opening debate and the Business Advisory Committee allocating 18 hours; the Finance Minister is expected to respond later in the week. The resumption followed opposition notices seeking the Speaker's removal and came in the wake of repeated disruptions since February 2 that led to the suspension of eight members, prevented the Prime Minister from replying to the Motion of Thanks, and resulted in over 19 hours of lost House time.
February 10, 2026
Show AI Summary
Haryana solarisation drive: officials ordered time-bound PM-KUSUM rollout and rooftop solar on government buildings and feed surplus power into grid.
The Chief Minister ordered time-bound acceleration of PM-KUSUM implementation and solarisation of agricultural pumps, requiring surplus power from those pumps to be fed into the government grid and fast-tracking rooftop solar installation on government buildings and infrastructure, with deputy commissioners tasked to actively monitor and expedite implementation.
February 10, 2026
Show AI Summary
Delhi LakhpatiBitiya Yojna provides phased, education linked cash deposits into Aadhaar linked accounts for eligible girls.
The Delhi LakhpatiBitiya Yojna replaces the Ladli scheme, offering up to Rs 56,000 per girl in phased, education linked instalments invested to accrue interest and paid into Aadhaar linked accounts at maturity. Eligibility: girls born in Delhi, three year city residency, family income Rs 1.20 lakh, maximum two surviving girls per family, with registration at birth or specified educational entry points. Instalments and maturity conditions are tied to specific class admissions and graduation; unclaimed or non compliant amounts revert to the government.
February 10, 2026
Show AI Summary
IRCTC scam: prosecution alleges decade-long conspiracy, quid pro quo and corruption leading to charges under anti-corruption and criminal laws.
Prosecution opposes challenges to framing of charges in the IRCTC matter, alleging a decade-long criminal conspiracy and quid pro quo that caused loss to the exchequer through a manipulated tender process and undervalued land transfers. Charges include corruption, criminal conspiracy and cheating under the penal code and provisions of the Prevention of Corruption Act for criminal misconduct and abuse of position by a public servant, forming the basis for continued prosecution.
February 10, 2026
Show AI Summary
India-US trade deal seen as coerced opening; concessions may erode India's textile advantage versus Bangladesh.
The India-US trade arrangement is described as a coerced opening in which India conceded more than it obtained, and a US-Bangladesh textile understanding-reducing tariffs and exempting certain goods made with US materials from reciprocal tariffs-is said to have erased India's competitive advantage in US textile markets.
February 10, 2026
Show AI Summary
Mizoram to table the 2026-27 state budget and supplementary grants on February 26 during a month-long assembly session.
Presentation of the state budget is scheduled for February 26, when the Chief Minister holding the Finance portfolio will table the 2026-27 budget and supplementary grants for 2025-26. The budget session runs February 17-March 16 with 17 sittings, opening with the Governor's address. The secretariat has listed 946 starred and 339 unstarred questions for Question Hour, and three amendment bills, including amendments to marriage, inheritance and local bodies, are slated for presentation.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
PMLA / Black Money

Will not hear plea against fugitive tag if Vijay Mallya does not return to India, warns HC

February 12, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Mumbai, Feb 12 (PTI) The Bombay High Court on Thursday reiterated its stand that it would not consider the petition filed by fugitive businessman Vijay Mallya, challenging the provisions of the Fugitive Economic Offenders (FEO) Act, until he returns to India.

A bench of Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad said Mallya will have to first clarify whether or not he will return to India.

"You (Mallya) have to come back...if you cannot come back then we cannot hear this plea," the HC said.

Mallya, based in the UK since 2016, has filed two petitions in the HC - one challenging an order declaring him as a fugitive economic offender and the other questioning the constitutional validity of the 2018 Act.

The 70-year-old liquor baron is facing multiple cases in India on fraud and money laundering charges.

The bench, while posting the plea for further hearing on February 18, said it was giving another opportunity to Mallya to clarify if he was ready to return to India.

"We may have to record that you are avoiding the process of the court. You cannot take benefit of the proceedings. In all fairness to you, we are not dismissing the petition but giving you another opportunity," the court said.

The court had on the last hearing in December 2025 made its stand clear that it would hear the petition only if Mallya returns to India and had asked his counsel to clarify the same.

On Thursday, the bench said the businessman has to file an affidavit clearly stating whether he will return to India or not.

"When will you come? You (Mallya) have already argued that you are entitled to a hearing without your physical presence in a court of law. But first file an affidavit clearly stating so," Chief Justice Chandrashekhar said.

Senior counsel Amit Desai, appearing for Mallya, submitted that there were judgments to show that such pleas can be heard and decided without the physical presence of the petitioner.

Solicitor General Tushar Mehta argued that Mallya has challenged provisions of the FEO Act after being declared one.

"He (Mallya) can come to India first and then it can be seen whether he is liable or not liable to pay. He cannot not trust the law of the country," Mehta said.

The government of India was contesting the proceedings initiated by Mallya in London against extradition and the same was in its fag end, Mehta said adding realising that he would soon be extradited, Mallya has challenged the fugitive tag order here.

The solicitor general argued that Mallya in his affidavit has said the banks were wrong to demand money from him.

Senior counsel Amit Desai said the businessman's properties in India have already been attached by the enforcement agencies.

Mallya was declared a Fugitive Economic Offender in January 2019 by a special court hearing cases under the Prevention of Money Laundering Act (PMLA).

The businessman, accused of defaulting on multiple loan repayments and facing money laundering charges, left India in March 2016. PTI SP NP

Topics

Acts Income Tax