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 11, 2026
Show AI Summary
TDS on property purchases: buyers currently bear the deduction liability; petitioner sought institutional safeguards for buyer awareness.
The petitioner argued that buyers of property over Rs. 50 lakh are placed solely liable for TDS despite many purchasers lacking knowledge of the obligation and that no registrar-level verification or administrative awareness mechanism exists; he sought limited procedural directions to establish institutional safeguards at registration to prevent inadvertent defaults, improve voluntary compliance, and protect revenue, without challenging the statutory tax liability.
February 11, 2026
Show AI Summary
Occultist accused of killing three people by giving poison-laced ladoos during a ritual and stealing their cash.
An occult practitioner was arrested for allegedly killing three persons by administering poison-laced sweets and drinks during a ritual promising dhanvarsha. Investigators say he instructed the victims to bring cash and refreshments, fed them poisoned ladoos and drinks, took their money after they lost consciousness, and fled. Technical surveillance, call detail records, CCTV and location data placed the accused with the victims; personal effects and cash were recovered and a criminal case was registered while inquiries continue to identify accomplices.
February 11, 2026
Show AI Summary
Tourism budget proposes Rs 150 crore for Ayodhya infrastructure and Rs 500 crore for a tourism development scheme.
The budget designates Rs 150 crore for Ayodhya-region tourism infrastructure and Rs 500 crore for a tourism places development scheme, funding specific projects such as completion of the Ram Path approach road, upgrades linking a proposed Vedic wellness precinct to the temple, and allocations for parikrama paths, temple renovation, and tourist facilities at multiple pilgrimage and heritage sites, with initial phases of a Vedic Science Centre completed and increased tourist footfall cited as rationale.
February 11, 2026
Show AI Summary
Shooting of migrant labourers in Moga prompts demands for urgent investigation and action against communal targeting.
A shooting injured two migrant workers in Moga; an unverified social media post claimed responsibility and justified the attack. Police are tracing the assailants and probing the incident from all angles. The matter raises issues of targeted violence against migrant workers, potential online incitement, evidentiary questions regarding posted video material, and calls from political leaders for urgent investigation, accountability, and measures to protect migrants and maintain public order.
February 11, 2026
Show AI Summary
State budget increases outlays, prioritises social and tech investment, and claims revenue surplus achieved without new taxes.
The Rs 9,12,696.35 crore 2026-27 budget increases outlays by about 12.2 percent, highlights priorities of women's safety, youth employment, farmer welfare and technological investment, and asserts that no new taxes have been imposed. The executive credits improved financial management and plugging tax leakages for transforming the fiscal position from a historically weak classification to a revenue surplus state, indicating reliance on compliance and administrative reform for revenue growth rather than tax increases.
February 11, 2026
Show AI Summary
Jupiter International commissions 1 GW mono PERC solar cell unit, doubling capacity to about 2 GW and expanding tech lineup.
Commissioning of a new 1 GW mono PERC solar cell unit at Baddi raised Jupiter International's installed capacity from 959 MW to about 2 GW through its subsidiary Jupiter Solartech Pvt Ltd; the facility targets high efficiency mono PERC production, aims to double the local skilled workforce, and the company plans a further 1.25 GW TOPCon line to strengthen its technology portfolio and support national renewable energy goals.
February 11, 2026
Show AI Summary
UP Budget 2026-27 boosts infrastructure and textiles with major allocations and targeted employment and MSME support.
UP Budget 2026-27 designates Rs 27,103 crore for infrastructure and industrial development and over Rs 5,041 crore for handloom and textiles, with targeted scheme outlays including Rs 5,000 crore for industrial area expansion, Rs 2,000 crore for the Atal Infrastructure Mission, Rs 1,000 crore to implement the 2023 incentive policy, and Rs 4,423 crore for the powerloom weavers electricity scheme to support industrial expansion, MSME growth and job creation.
February 11, 2026
Show AI Summary
Uttar Pradesh budget focuses on employment generation, youth empowerment and large-scale public recruitment across departments.
State budget prioritizes employment generation and youth empowerment through skill training, device distribution, coaching centres, fellowships, and financial support for entrepreneurship. Recruitment initiatives include over 2.19 lakh police hires since 2017 with ongoing training and further non-gazetted recruitment, Mission Rozgar school appointments and aided-school selections, while MGNREGA person-days exceeded targets, benefiting over 47 lakh families.
February 11, 2026
Show AI Summary
India US interim trade deal alleged to cede energy control and harm farmers and textiles; calls to protect data and food.
The India US interim trade deal is alleged to cede control over energy security, permit foreign influence on oil procurement, expose domestic agriculture to American imports that compromise farmers' interests, and threaten the textile sector, prompting calls to protect the population, national data, food supply and the energy system.
February 11, 2026
Show AI Summary
India US interim trade agreement criticized as one-sided, risking farmers and the textile sector by opening markets to US imports.
The Opposition alleges the interim trade agreement with the United States is one-sided, allowing increased US agricultural imports that threaten farmer livelihoods and undermining the Indian textile sector, framing the government's action as having sold national interests.
February 11, 2026
Show AI Summary
State budget 2026-27 prioritises women empowerment and major police infrastructure and safety funding for working women.
The 2026-27 budget prioritises women centric welfare and law and order infrastructure with a Rs 9.12 lakh crore outlay. Key women's measures include Rs 25 crore for Mission Shakti vehicles for women beat personnel, working women hostels, continued Mukhyamantri Kanya Sumangala payments, BC Sakhi financial activities, milk producer companies under Mahila Samarthya Yojana, and priority cane slips for 60,000 women farmers. Police and safety allocations comprise Rs 1,374 crore for non residential police buildings, Rs 1,243 crore for residential police buildings, Rs 346 crore for new districts, Rs 200 crore for fire station buildings and Rs 190 crore for fire safety and operationalisation of centres.
February 11, 2026
Show AI Summary
Uttar Pradesh budget focuses on employment, infrastructure, health and a three percent fiscal deficit cap under prudent debt management.
A record Rs 9.12 lakh crore budget emphasises capital spending (19.5% of outlay), a three per cent fiscal deficit ceiling, and commitments to prudent debt management. Major sectoral allocations include education (12.4%), health (6%) and agriculture (9%), with detailed appropriations for medical education, new medical colleges, rural health mission funding, national health protection and AYUSH. Economic measures fund infrastructure and industrial promotion, an investment incentive pool, defence corridor projects, MSME support, IT and AI initiatives, and expanded skill-development and PPP employment centres.
February 11, 2026
Show AI Summary
India-US trade deal reducing tariffs raises fears for Kashmir's horticulture while some see competition improving quality.
The interim India-US trade agreement reduces tariffs and permits duty-free imports of tree nuts and apples, raising concerns that tariff reductions will disadvantage Jammu and Kashmir producers, intensify financial stress on marginal farmers, and threaten horticulture-linked livelihoods; some stakeholders counter that competition may improve quality and stabilize prices, while growers' groups call for protective duties to preserve local agriculture.
February 11, 2026
Show AI Summary
Akasa Air co-founder Praveen Iyer resigns and will assist leadership in a structured transition through April 30, 2026.
Akasa Air co-founder and Chief Commercial Officer Praveen Iyer has resigned after five years and will partner with the leadership team to ensure a smooth, structured transition through April 30, 2026; he is an Executive Committee member and his departure follows an earlier co-founder exit, with the airline operating 33 Boeing 737 MAX aircraft.
February 11, 2026
Show AI Summary
IndiGo will implement the approved FDTL scheme and put rostering and monitoring arrangements in place to comply.
Following operational disruptions and time-limited FDTL exemptions, the carrier advised the regulator it will implement the approved FDTL scheme and fully comply with statutory provisions, placing operational, rostering and monitoring arrangements in effect from February 11, 2026, while the regulator imposed financial penalties, required a bank guarantee, directed management accountability measures and maintained real-time oversight during the exemption period.
February 11, 2026
Show AI Summary
National Song protocol, publisher notice, and UAPA report requirement highlight administrative directives and investigative review.
The Home Ministry directed that all six stanzas of Vande Mataram must be sung before the National Anthem when both are performed. The Lok Sabha Speaker ordered the secretariat to amend a defective notice to remove the Speaker to prevent its rejection. Delhi Police issued a notice to a publisher for clarifications about circulation of an unpublished manuscript. The Supreme Court required the National Investigation Agency to file a sealed report justifying invocation of stringent unlawful-activities provisions in a case linked to district-level violence.
February 11, 2026
Show AI Summary
Public Financial Management System (PFMS) upgrades mandate single platform payments, enable just in time DBT and add CRM grievance redressal.
PFMS is mandated as the single platform for government payment, accounting and reconciliation, integrating cash management modules including TSA and SNA and enabling real time tracking. SNA SPARSH and SPARSH DBT ensure just in time releases and direct crediting to beneficiaries. System enhancements to DBT include partial acceptance of claim files and advance sharing of Aadhaar data. A CRM based Grievance Redressal System provides ticketing, automated acknowledgements, status tracking and FAQs, supplemented by regular Open House sessions for user support and feedback.
February 11, 2026
Show AI Summary
Budget proposal allocates funds for tap water expansion, solar parks, youth interest-free loans, and road upgrades.
The budget allocates Rs 6,800 crore for tap water-Rs 4,500 crore for village household connections under CM Jal Jeevan Mission and Rs 2,300 crore for urban drinking water-and Rs 2,950 crore for new solar parks in Bikaner and Jaisalmer; it also provides interest-free loans and grants up to Rs 10 lakh for 30,000 youth under the CM Self-Employment Scheme and designates Rs 1,400 crore for non-patchable roads and Rs 600 crore for missing-link roads.
February 11, 2026
Show AI Summary
Lok Sabha proceedings disrupted by Opposition protests during Question Hour, prompting walkout, suspensions and Speaker's nonattendance.
Opposition disruptions during Question Hour led to a walkout after the Chair curtailed attempts to raise questions; thirteen questions and supplementaries were taken up. Ministers addressed renewable energy and railway land acquisition in replies. The Speaker has refrained from attending until a no-confidence motion notice against him is settled, and recent unruly behaviour resulted in multiple member suspensions for the Budget session, which also prevented the Prime Minister from responding to the Motion of Thanks on the President's address.
February 11, 2026
Show AI Summary
India and US envoys meet in Beijing to discuss defence, energy, critical minerals and Quad cooperation.
India and US envoys met in Beijing to emphasise cooperation on defence, energy, critical minerals and Quad engagement, following an interim trade deal and marking their second meeting since December when they had met alongside the Japanese ambassador.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs & Trade

West Midlands announces 'A mission to seize the moment' to India during the Year of the Free Trade Agreement

February 16, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

• The UK's Mayoral-led mission to India – the first of 2026 – to strengthen economic and cultural ties between West Midlands and Indian subregions. • Trade mission to Ahmedabad, Mumbai and Bengaluru from 23rd to 27th February follows recent signing of UK-India Free Trade Agreement. • Official trade mission partners include Aston University, Birmingham City University (BCU), energy provider E.ON, GEDU Global Education, University of Birmingham and University of Warwick. BIRMINGHAM, England, Feb. 16, 2026 /PRNewswire/ -- From 23rd to 27th February 2026, Richard Parker, Mayor of the UK's West Midlands region is set to lead a strategic trade mission to Ahmedabad, Mumbai and Bengaluru, building on the historic UK-India Free Trade Agreement signed in July 2025. The mayoral-led mission to India – the first from the UK in 2026 – aims to strengthen economic and cultural ties between the two markets and forge valuable partnerships for the benefit of the region's universities, businesses and communities. It will also deepen political engagement with key national and state-level leaders, reinforcing the West Midlands' role as a trusted long-term partner for India. As well as promoting new job creation the mission aims to affirm the region – including the flagship West Midlands Investment Zone – as an advantageous location for innovative Indian businesses looking to expand. It will also facilitate strategic engagement with Indian travel trade agents and tour operators, cement cultural ties and celebrate cultural exchange, as India gears up to host the 2030 centenary Commonwealth Games. Led by Mayor Richard Parker, the delegation of West Midlands business, academic and political leaders will also include Dr Julie Nugent, CEO at Coventry City Council, Prof. David Mba, Vice-Chancellor at Birmingham City University and Greg Clark, Executive Chair of University of Warwick Innovation District, alongside senior representatives from the West Midlands Growth Company (WMGC) - the official investment promotion agency for the UK's West Midlands region. The official trade mission partners include Aston University, Birmingham City University (BCU), energy provider E.ON, GEDU Global Education, University of Birmingham and University of Warwick. The West Midlands Growth Company (WMGC) – in collaboration with the India Global Forum and Greater Birmingham Chambers of Commerce - has organised a series of events and meetings with senior figures from Indian businesses and institutions. These include multinational manufacturer Tata Motors, multinational technology company Infosys, motorcycle manufacturer TVS Motors and energy company Atri Energy Transition.  The West Midlands delegation will also host an event in Ahmedabad focused on "The Commonwealth Legacy", with the city set to host the 2030 Commonwealth Games and will host a number of roundtable events bringing together key industry bodies and intermediaries. These include visitor economy-focused roundtables with VisitBritain in Mumbai and Bengaluru; a roundtable with India technology trade association NASSCOM, following its Technology and Leadership Forum; a roundtable on Urban Transformation and Smart Cities with the Mumbai Metropolitan Regional Development Authority and an event on AI Skilling & the Future of Work, with the Indian Institute of Management, Bangalore.   The West Midlands has a uniquely strong cultural relationship with India, through its 'living bridge' of 276,000 ethnic Indians that live and work in the region. The two markets have strong economic links, with India representing the UK's second largest source of investment projects for six consecutive years and the West Midlands representing the UK's largest recipient of FDI projects from India outside London. The number of visits from Indian tourists to the region has grown by more than 20 per cent over the last decade and Indian visitors also spend more in the West Midlands than any English region outside of London, valuing experiences such as world-class cricket at Edgbaston and Birmingham's premium retail and dining scenes. The region is already home to some of India's biggest companies, including Tata Group, TVS, Infosys, Hexaware Technologies, Enzen Global, Suprajit Group, State Bank of India, Microland, and more recently, Firstsource and Mahindra. Richard Parker, Mayor of the West Midlands, said: "The West Midlands and India already share real strengths in manufacturing and automotive, in digital tech and in clean energy. That gives us a solid foundation to turn last year's trade deal into something that delivers here at home. "We've built a strong trading relationship with India over many years, rooted in trust and deep cultural ties across our communities. This mission is about taking that further - growing exports from West Midlands firms, attracting new investment into our towns and cities, and bringing more visitors to our region. "If we get this right, it means good jobs for local people, stronger businesses and more money going back into people's pockets across the West Midlands." Harjinder Kang, His Majesty's Trade Commissioner to South Asia & Deputy High Commissioner to Western India, said: "The economic partnership between the UK and India is at an all-time high following the signing of the landmark trade deal last year. The Mayor of West Midlands' visit to India is another strong testament to our ever-strengthening collaboration. Besides reinforcing the growing contribution of the West Midlands to the UK-India partnership, this visit will help businesses from both sides to gear-up to take advantage of the deal which will boost growth by adding billions of pounds across both economies." Further commentary from the delegation: Professor Aleks Subic, Aston University Vice-Chancellor and CEO, said:     "Aston University has a long-term commitment to education, skills, and research partnerships with India, spanning UK study pathways, high-quality transnational education in India, and collaboration with our partner universities and research institutes.    "As a central partner in the Birmingham Knowledge Quarter, Aston is also helping attract significant international investment into Birmingham and the wider West Midlands.   "This mission is a timely opportunity to showcase Birmingham as a global innovation city and to deepen collaboration with Indian industry, researchers, and policymakers on shared global challenges."  Professor David Mba, Vice-Chancellor of BCU, said:  "For Birmingham City University this mission is about strengthening mutually beneficial economic, cultural and educational links between India and the West Midlands.   "We are proud of our Birmingham roots but are always striving to reach beyond, including the deep ties we have in South Asia – thousands of our students are either from India or part of the local Indian diaspora.  "This visit will give BCU new opportunities to advance the implementation of our ambitious 2030 Strategy, including the chance to deepen collaborative research on sustainable cities and cultural exchanges through our Royal Birmingham Conservatoire."  Vijay Tank, Chief Commercial Officer at E.ON Energy Infrastructure Solutions, said:  "Local energy systems are vital in delivering the benefits of the energy transition where they are most needed. Tailoring solutions to specific areas can drive economic growth, create local jobs and skills, and attract investment and innovation where needed.  "Whether it's our Net Zero Training Academy equipping apprentices with sustainable tech skills; providing batteries that cut bills for vulnerable customers, or our strategic partnership to accelerate Coventry's clean energy future, at E.ON we are already delivering some of those very real benefits and we're well placed to champion the Mayor's ambitions for the West Midlands as well as supporting investors in the region when it comes to navigating any energy challenges."  Kevin McCole, Managing Director at GEDU Global Education, said:  "This delegation is important as India matters to the West Midlands and the West Midlands matters to India. There are strong people to people links, strong economic ties across a range of innovation-rich sectors, and deep education partnerships. We're proud to support the Mayor's mission which will bring more investment to the West Midlands, increase two-way trade, and strengthen our education partnerships."  The Rt Hon Greg Clark, Executive Chair of the University of Warwick's Innovation District, said:   "The University of Warwick has a long history of strong ties with India - from the students on campus, to our business partnerships, to our research collaborations.   "As we deepen the cultural, economic, and educational ties between Warwick, the West Midlands, and India, we will accelerate innovation, develop talent, and drive growth that will benefit us all.   "Working with the West Midlands Growth Company and our partners in India, Warwick looks forward to creating a better world together."  Notes to editors: West Midlands Growth Company The West Midlands Growth Company helps the region make its mark nationally and internationally. Its primary purpose is to attract investment, jobs, visitors and businesses to the West Midlands. The West Midlands Growth Company focuses on the WMCA geography of Greater Birmingham and Solihull, Coventry and Warwickshire, and the Black Country. Once the powerhouse of the industrial revolution, the West Midlands has evolved into a world-class and highly sought-after international business destination, with an economy worth £117bn. Situated at the heart of the UK, the region is home to three major cities (Birmingham, Coventry, Wolverhampton) and four thriving boroughs, which come together to form one of Europe's most dynamic and diverse metropolitan clusters. Photo - https://mma.prnewswire.com/media/2902991/West_Midlands.jpg' alt='Embedded Media' /> Logo - https://mma.prnewswire.com/media/2702236/5793849/WMGC_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

Topics

Acts Income Tax