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
    Congress claims US trade deal has become an 'ordeal', Rahul says 'PM compromised'
    Murky outlook for businesses after tariff ruling prompts countermoves by Trump
    Indian-origin lawyer at centre of landmark Supreme Court verdict against Trump
    Supreme Court struck down Trump's tariffs. Now comes hard work of issuing refunds
    Perfios Launches 'KScan AI': Empowers BFSI with AI-powered Business Intelligence and Risk Assessment of 30 Million Indian MSMEs
    Indian goods face only 10 pc reciprocal levy in US after court ruling, new order: Exporters
    Minutes of the Monetary Policy Committee Meeting, February 4 to 6, 2026 [Under Section 45ZL of the Reserve Bank of India Act, 1934]
    US trade deal has become an ordeal: Congress slams PM Modi
    Nothing changes, India will be paying tariffs; we will not be paying tariffs: Trump after SC ruling
    Trump seethes over Supreme Court justices who opposed him on tariffs, especially those he appointed
    The Latest: Trump says he'll sign executive order to enact 10 per cent global tariff
    Which Trump tariffs did Supreme Court strike down? Here's what to know
    The Latest: Trump addresses press after Supreme Court strikes down his sweeping tariffs
    No change in trade deal with India; it is on: Trump after SC verdict
    Trump says he used tariffs to end war between India, Pakistan as he lashes out at US Supreme Court verdict
    Trump says he'll sign executive order to enact 10 per cent global tariff after US Supreme Court defeat,
    Trump says he's 'absolutely ashamed' of US Supreme Court justices who issued 'deeply disappointing'  tariff decision
    Congress slams govt for agreeing to trade deal after US Supreme Court strikes down Trump's tariffs
    Refunds may be available on some tariffs applied to goods from India: US Chamber of Commerce after SC ruling
    What to know about the Supreme Court ruling on tariffs
❯❯
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 21, 2026
Show AI Summary
Presidential tariff authority reversed, trade deal's tariff basis challenged; India-US agreement's viability questioned, prompting political backlash domestically.
Following a judicial curtailment of presidential power to impose global tariffs under emergency authority, the US administration invoked an alternative statute to impose a temporary import surcharge to preserve an existing India-US interim trade framework; this shift alters the tariff basis of the deal and raises questions about the surcharge's applicability to India and the deal's implications for market access, subsidy withdrawal, agricultural protections, energy security, and data safeguards.
February 21, 2026
Show AI Summary
Presidential tariff authority limited by court; administration seeks alternative statutory paths to maintain import duties, prolonging business uncertainty.
The Supreme Court ruled the president lacked authority under the emergency-powers framework to impose import tariffs, voiding tariffs imposed on that basis while leaving open the administration's use of other statutory authorities to impose duties; the decision narrows one executive route for tariffs but creates complex refund and recovery issues and leaves many existing tariffs under different authorities intact.
February 21, 2026
Show AI Summary
Separation of powers affirmed: Presidential global tariffs invalidated, reaffirming that only Congress may impose taxes.
A Supreme Court decision concluded that broad presidential global tariffs exceeded executive authority by encroaching on Congress's exclusive power over taxation; counsel for small businesses argued the levies operated as taxes imposed without congressional authorization, framing the dispute as a structural separation of powers issue and reaffirming that only Congress can impose taxes.
February 21, 2026
Show AI Summary
Invalidation of emergency tariff authority leaves collected import duties subject to refund and protracted litigation.
The Supreme Court held the International Emergency Economic Powers Act did not authorize presidential tariffs, leaving collected import duties unlawful but not prescribing a refund mechanism. Administration of refunds will likely involve the customs agency, specialised trade tribunals and lower courts, utilising or adapting existing duty correction procedures, and is expected to produce prolonged, multi jurisdictional litigation as importers seek recovery while consumers face evidentiary obstacles to claiming pass through losses.
February 21, 2026
Show AI Summary
KYC/KYB compliance automation expands: AI platform streamlines MSME due diligence, risk screening and faster onboarding for lenders.
An AI-powered KYC/KYB platform automates entity and individual due diligence and compliance for the BFSI sector, centralising MSME discovery and risk evaluation via a large multi-source data lake. It supports onboarding, underwriting, GTM optimisation and credit decisioning by converting fragmented business information into actionable intelligence. The system enables scaled lead generation, automated due diligence, and extensive sanction and litigation screening to bolster anti-money laundering controls, and provides a Model Context Protocol allowing configurable AI agents and custom model integration to align with institutional policies.
February 21, 2026
Show AI Summary
Temporary import surcharge lowers reciprocal US tariff on Indian goods following legal limitation on presidential tariff powers
A presidential proclamation imposes a temporary import surcharge of ten per cent ad valorem, effective February 24, 2026, applied in addition to existing Most Favoured Nation duties; this replaces prior broader reciprocal levies on Indian goods, while higher sectoral tariffs for specified products remain and the surcharge applies only to a portion of exports due to coverage exemptions.
February 21, 2026
Show AI Summary
Policy repo rate unchanged; MPC retains neutral stance as inflation stays benign while growth outlook strengthens.
Under Section 45ZL the MPC's minutes record a unanimous decision to keep the policy repo rate unchanged and to retain the neutral stance after reviewing staff projections, surveys and alternative risk scenarios. The committee judged growth prospects to have strengthened while headline inflation remains benign though modestly revised upward for near quarters due mainly to precious metals; risks to the outlook are broadly balanced and policy will be guided by incoming data and the progress of transmission.
February 21, 2026
Show AI Summary
Constitutional limits on presidential tariff power overturned global tariffs, reshaping the interim India-US trade deal consequences.
The US Supreme Court invalidated the President's global tariffs imposed under emergency powers, finding tariff authority lies with Congress; the decision undercuts executive unilateral tariff measures. The India-US interim agreement saw an Executive Order lifting prior punitive tariffs in return for India's energy purchasing commitments, and a reduced reciprocal tariff rate was agreed. Indian political opposition alleges the deal's timing reflected executive haste that risked sovereign bargaining leverage and domestic agricultural interests.
February 21, 2026
Show AI Summary
Presidential tariff authority curtailed; temporary global import duty imposed to rebalance trade while India trade framework remains intact.
The Supreme Court held that the President exceeded authority in imposing sweeping tariffs; in response the President signed a Proclamation imposing a temporary import duty to address international payments problems and rebalance trade relationships, effective on a specified date for a limited period. The President stated that an interim trade framework with India remains in place, removing certain punitive tariffs on India under an Executive Order while asserting India will assume tariff obligations under the bilateral arrangement.
February 21, 2026
Show AI Summary
Emergency powers tariffs invalidation prompts presidential denunciation of justices and raises separation of powers and institutional independence debate.
Six justices invalidated presidential global tariffs imposed under an asserted emergency powers statute, framing the central legal question as the permissible scope of executive authority to impose trade restrictions without clear congressional authorization, and the litigation tested statutory delegation, administrative action in the trade context, and judicial review of national-security framed economic measures.
February 21, 2026
Show AI Summary
Emergency power limits prompt alternative executive tariff action, raising concerns about agriculture costs and trade uncertainty.
The Supreme Court invalidated a presidential tariff framework as an unlawful exercise of emergency power, leading the president to announce use of alternative executive authority to impose a temporary global tariff. Stakeholders warned that further tariff actions or use of other authorities would increase agricultural input costs and create trade uncertainty, while business groups said ties with trade partners remain intact despite the disruption.
February 21, 2026
Show AI Summary
Presidential emergency powers curtailed as court invalidates broad tariffs imposed under IEEPA, overturning central global levies.
The Supreme Court found the President exceeded authority under the International Emergency Economic Powers Act by using IEEPA to impose broad tariffs, invalidating core IEEPA-based measures including the Liberation Day global tariff framework and subsequent trafficking and country-specific levies on Canada, Mexico, China, Brazil and India; sectoral and non-IEEPA tariffs remain in place while the executive considers alternative measures.
February 21, 2026
Show AI Summary
Executive emergency tariff authority limited, prompting administration to pursue alternative statutory bases for imposing tariffs.
The Supreme Court concluded that the Constitution vests the taxing power in Congress and that the emergency statute invoked by the Executive does not authorize imposition of tariffs as revenue measures, constraining executive emergency tariff authority; the administration plans to rely on alternative statutory bases to replace the invalidated tariffs.
February 21, 2026
Show AI Summary
Tariff policy remains central as the India trade arrangement continues despite judicial limits on tariff authority.
President Trump stated the bilateral trade arrangement with India remains in effect after the Supreme Court invalidated his broad tariffs, noting an Executive Order rescinded punitive tariffs on Indian oil imports from Russia and an Interim Agreement framework reduces reciprocal U.S. tariff treatment toward India while maintaining tariffs on Indian imports under the new terms; he framed tariffs as leverage for energy-sourcing commitments and de-escalation between India and Pakistan.
February 21, 2026
Show AI Summary
IEEPA authority rejected, limiting tariff powers while administration decries the decision and cites geopolitical effects.
The Supreme Court held that the International Emergency Economic Powers Act does not authorize imposition of duties, constraining executive authority to impose tariffs under national emergencies; the President criticized the ruling and reiterated that tariffs were used as a foreign policy tool to end hostilities between India and Pakistan, a claim denied by India which attributes cessation to direct military talks.
February 21, 2026
Show AI Summary
Global tariff authority challenged after court invalidated emergency-use tariffs; president plans executive-order, time-limited alternative.
A judicial body invalidated a broad presidential program of global tariffs as an unlawful exercise of emergency power, eliminating the administration's primary emergency-based mechanism for imposing unilateral worldwide duties. The president announced intent to use an alternative statutory authority via executive order that would impose time-limited tariffs restricted to 150 days, signaling a shift to a different administrative vehicle for trade measures.
February 21, 2026
Show AI Summary
Emergency powers invalidation limits executive authority to impose unilateral tariffs, nullifying sweeping reciprocal import duties.
The executive's imposition of sweeping "reciprocal" import duties under a claimed emergency powers statute was found unlawful; the tariffs were invalidated because setting import duties required clear congressional authorization rather than unilateral emergency proclamations, signaling a legal limit on executive authority to alter statutory tariff schemes by emergency declaration.
February 21, 2026
Show AI Summary
Judicial review of emergency tariff powers restores congressional tariff authority, affecting recently announced India-US trade concessions.
The US Supreme Court struck down President Trump's global tariffs imposed under emergency powers, finding tariff authority lies with Congress, thereby removing the legal basis for those sweeping reciprocal tariffs. Indian opposition leaders contend that a recently announced India-US trade framework contained concessions extracted while the tariffs were assumed valid, and they seek clarity on whether those commitments-covering tariff eliminations, import targets, energy sourcing, and non tariff barrier commitments-will persist or be revisited following the judgment.
February 20, 2026
Show AI Summary
IEEPA authority invalidated - certain IEEPA based tariffs now refundable to importers who directly paid them.
IEEPA based tariffs were deemed impermissible, allowing refunds only to US importers of record or consignees who directly paid tariffs. Eligible tariffs include IEEPA imposed levies commonly termed fentanyl, trafficking, reciprocal or baseline tariffs, including certain tariffs on goods from Brazil and India. Refunds exclude duties imposed under other statutory authorities such as anti dumping, countervailing, trade remedy or national security provisions. The administrative procedure and timing for claims remain uncertain pending further court and executive guidance.
February 20, 2026
Show AI Summary
Presidential emergency powers limited: IEEPA cannot be used to impose broad import tariffs, leaving refund questions open.
The Supreme Court concluded that the International Emergency Economic Powers Act does not authorize the president to impose broad import tariffs, stressing that authority to levy taxes and tariffs rests with Congress and that longstanding practice shows such power has not been exercised under IEEPA. The opinion invalidates tariffs enacted under emergency proclamations while leaving untouched tariffs based on other statutory grounds, and it leaves unresolved whether and how refunds should be returned to importers who paid the challenged levies.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

Fintech Platform Endl Secures 1.5 Million Dollar Investment to Scale Global Payment Infrastructure

February 16, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Fintech platform Endl has raised 1.5 million dollars in pre-seed funding with participation from Iterative Singapore, 500 Global, and the XRPL Accelerator by Tenity. The investment marks a significant step in the company’s mission to modernise cross border payments for businesses operating in emerging markets. The funding will support Endl’s expansion across South East Asia, the Middle East, and India, while strengthening its product capabilities and regulatory infrastructure. As global commerce becomes increasingly digital, the company is positioning itself at the intersection of traditional finance and blockchain powered payments.

Reimagining how global payments work Endl offers businesses a unified platform to manage multi currency accounts, hold and convert fiat and stablecoins, and execute international payouts with speed and transparency. In addition to its banking and settlement tools, the company also provides Endl Corporate Cards, enabling businesses to directly spend their global balances across online and offline merchants worldwide.

These cards are linked to users’ multi currency and stablecoin wallets, allowing seamless conversion at the point of transaction and giving companies greater control over international expenses, subscriptions, and operational spending. By integrating regulated banking rails, stablecoin infrastructure, and corporate spending tools, Endl is creating a complete financial operating system for modern businesses.

Unlike conventional fintech solutions that treat digital assets as add ons, Endl has built its architecture with stablecoins at the core. This allows the platform to optimise liquidity, reduce intermediaries, and deliver near real time settlements while maintaining full compliance.

Reflecting on this approach, Co Founder Ashita Batra said, “Endl empowers both Web3 and Web2 organizations with USD, EUR, CAD and GBP fiat accounts, access to compliant stablecoin payments, stablecoin to fiat cross border remittances, treasury management and yield products. Our focus has always been on giving businesses institutional grade tools without complexity.” Leadership rooted in practical innovation Endl is led by founders with deep experience in banking, payments, and financial technology.

Ashita Batra, Co Founder and Chief Executive Officer, brings a strong background in economics and digital finance. Her leadership philosophy centres on making global money movement intuitive and reliable for businesses that are often underserved by traditional banks.

Co Founder and Chief Technology Officer Tejas Arun leads the company’s technology strategy, building scalable and secure infrastructure designed for multi market operations. Under his leadership, Endl supports multiple blockchain networks while ensuring enterprise grade security and compliance.

Together, the founders share a long term vision of rebuilding global financial infrastructure around speed, transparency, and accessibility.

This thinking is echoed in a recent company post, where Endl noted, “Traditional banking was designed for a single nation and currency. Modern teams are global in scope, and Endl is moving the needle by making global business banking simpler with stablecoin efficiency and multi currency tools.” Solving a real problem in emerging markets Across many emerging economies, businesses rely on informal peer to peer exchanges to convert stablecoins. These channels are often unreliable, unregulated, and exposed to operational and fraud risks.

Endl addresses this gap by offering a compliant alternative that does not require users to understand complex blockchain mechanics. Businesses can collect payments from clients in the United States and Europe, manage funds securely, and use their Endl Corporate Cards for day to day spending, travel, and digital services, all within a regulated framework.

This integrated approach reduces dependency on fragmented financial tools and enables smoother global operations.

Accelerating growth after fundraising With the new capital, Endl plans to expand its product ecosystem, including enhancements to its corporate card program, advanced payout solutions, and deeper integrations with regulated financial partners. The company will also continue investing in compliance systems and regional partnerships to ensure sustainable growth. Its participation in programs such as 500 Global’s Sanabil Accelerator and the XRPL Accelerator by Tenity reflects strong institutional confidence in its business model and leadership.

Building the future of borderless banking Endl’s long term vision is to create a comprehensive compliant banking suite around stablecoin wallets, cross border payment rails, and global corporate cards. The objective is to give businesses in emerging markets access to the same financial capabilities as enterprises in developed economies.

By combining regulatory discipline with digital asset innovation, Endl is shaping a new model of business banking, one where speed, security, and accessibility coexist. As cross border commerce continues to accelerate, Endl is positioning itself not just as a payments provider, but as a foundational partner for businesses navigating the digital economy.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

Topics

Acts Income Tax