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
    New BrowserStack Report Finds 94% of Teams Use AI in Testing, but Only 12% Have Reached Full Autonomy
    Sonata Software Achieves AWS Premier Tier Status in the AWS Partner Network
    40 world chefs' broke bread and boundaries at the IIHM International Young Chef Olympiad
    BML Munjal University Turns the Spotlight on India's Next Startup Wave with Propel Pitchfest26
    CGI looks ahead after 50 years: 'Building what's next' for an evolving world
    Quora Survey Reveals How Indians Research, Compare, and Decide on Financial Products
    Second Edition of Art de Vivre à la française to be unveiled at India Design ID 2026
    New Research by TeachBetter.ai Reveals How Teachers Are Using AI to Redefine Education
    Handle differences from strategic, long term perspective, China on talks between Misri, Ma Zhaoxu
    Best Crypto Presale: DeepSnitch AI Positioned for 100x Gains With USD 1.53M Raised, HEXY and HYPER Attract New Traders
    All key sensitive sectors protected under India-US Interim trade pact: Commerce Secy
    Markets open higher; turn choppy amid mixed global trends
    Asian shares advance after weak US retail data weigh on Wall Street
    After Cong nudge, DMK announces seat-sharing committee for talks with allies
    Rupee falls 6 paise to 90.62 against US dollar in early trade
    RBI invites public comments on the draft Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale B...
    Review of Lending norms for UCBs
    Dubai International Airport handled a record 95.2 million passengers in 2025
    'No deal but US steal': Cong's dig at govt over Indo-US trade agreement
    White House drops reference to 'certain pulses' in revised fact sheet on trade deal with India
❯❯
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
AI in software testing is widely adopted but struggles with integration; budgets and ROI are rising as automation use cases expand.
AI is central to modern software testing but operational maturity trails adoption: integration is the primary barrier, budget increases for AI testing are widely planned, and reported ROI-especially among longer tenured users-is strong. Teams prioritize test case generation, test data creation, and automated maintenance to reduce manual effort and accelerate releases; the report correlates ROI with maturity and outlines industry and regional breakdowns and near term predictions for AI testing evolution.
February 11, 2026
Show AI Summary
Sonata Software achieves AWS Premier Tier status, validating its AWS cloud migration, modernization, and AI deployment capabilities.
Sonata Software attained AWS Premier Tier Services Partner status, recognizing its expertise in designing, architecting, building, migrating, and managing AWS workloads and validating a strong pool of AWS-trained and certified consultants with capabilities across professional services, program delivery, complex cloud transformations, and deployment of customer solutions on AWS.
February 11, 2026
Show AI Summary
IIHM Young Chef Olympiad integrates AI heritage preservation with global student exchanges and institutional MOUs for culinary education.
The Young Chef Olympiad 2026 was a student first global competition that integrated AI enabled heritage preservation with formalised international collaboration, producing country specific Culinary Heritage GPTs, an AI literacy programme (AI LEAP), and Global MOUs and a Global Culinary Knowledge Declaration to support student and faculty exchanges, shared research, and structured documentation of culinary traditions.
February 11, 2026
Show AI Summary
BML Munjal University hosts Propel Pitchfest26 to showcase startups and connect founders with investors, mentors, and accelerators.
BML Munjal University will host Propel Pitchfest26 and EIS 4.0 on 11-12 February 2026 as a launchpad for early-stage and growth-ready ventures, providing access to investor funding, acceleration programmes, mentorship and ecosystem partnerships; selected startups may enter ACIC-BMU accelerator programmes to support long-term scale-up, with emphasis on AI and deep-tech, sustainability, healthcare and med-tech, manufacturing innovation, women-led startups and social entrepreneurship.
February 11, 2026
Show AI Summary
CGI outlines a 50th anniversary strategy prioritising AI, cloud, global delivery and employee ownership to drive long term client value.
CGI announces a 50th anniversary strategy focused on a client proximate global delivery model delivering AI, cloud, cybersecurity, data and digital transformation services; expansion of Global Capability Centers for digital engineering, cloud and AI; reinforcement of an employee ownership governance model (CGI Partners) to ensure accountability and talent development; and commitments to community engagement, education and digital access while highlighting planned 2026 initiatives to demonstrate continued evolution and long term value creation.
February 11, 2026
Show AI Summary
Quora users in India rely on peer and expert content, with 38% influenced by platform answers in financial decisions.
Survey of Quora users in India shows extended pre-decision research (56% >1 week; 26% >1 month), strong preference for real-person perspectives (82%), and platform influence (38% influenced by Quora answers; 35% find Quora more valuable than other sources). Users trust experience-driven and expert content (73% trust similar-life respondents; 71% trust independent experts), combining technical facts with social proof, creating actionable opportunities for early-stage marketer engagement.
February 11, 2026
Show AI Summary
Art de Vivre a la franc aise showcases French design excellence and fosters Indo French collaboration and innovation.
The second edition of Art de Vivre a la franc aise at India Design ID 2026 presents a 350m2 exhibition of 16 French houses across design and lifestyle categories, paired with an Indian guest designer and the Indo French Design Dialogues to promote creative collaboration, material innovation, and bilateral commercial and cultural partnerships within the India France Year of Innovation.
February 11, 2026
Show AI Summary
Teachers are using AI to redesign lesson planning and assessments, recovering time for mentoring and real-time classroom feedback.
TeachBetter.ai's research shows teachers are embedding AI into core instructional workflows-notably lesson planning (55%) and assessment design (48%)-and that platform use recovers an average of 4.7 hours weekly which is reinvested into mentoring and differentiated instruction. Version 4.0's Live Quiz & Poll Generator enables instant creation, sharing, response capture, auto-grading, and immediate feedback, positioning the platform as integrated teaching infrastructure that reduces technical overhead and supports a transition from automation to pedagogical transformation.
February 11, 2026
Show AI Summary
India-China ties: focus on an updated air services agreement, visa facilitation, export control concerns, and border tranquillity.
The dialogue recognised the need for early conclusion of an updated air services agreement, continued practical steps for visa facilitation and people-to-people contacts, and efforts to address concerns on export control measures affecting critical minerals, all framed within a strategic, long-term approach to deepen trust, expand cooperation and maintain peace and tranquillity in border areas.
February 11, 2026
Show AI Summary
DeepSnitch AI presale raises $1.53M offering AI analytics tokens, amid MicroStrategy Bitcoin purchase and investor risk warnings.
DeepSnitch AI raised approximately $1.53 million at a presale price of $0.03906, promoted for its five agent AI analytics suite that provides contract analysis, risk scoring, scam flags, breakout spotting and sentiment/FUD alerts, with tiered presale bonus incentives (30% on $2K+; 300% on $30K+). The article also reports Strategy's reported purchase of ~1,140 BTC for $90 million at an average ~$78,800 per coin and includes an explicit investor risk disclaimer advising independent financial advice and disavowing liability.
February 11, 2026
Show AI Summary
India-US interim trade pact protects sensitive agricultural and dairy sectors while reducing reciprocal tariffs to 18%.
India has preserved full non concessional treatment for specified sensitive agricultural and dairy goods - maize, wheat, rice, soya, poultry, milk, cheese, ethanol, tobacco, certain vegetables and meat - by not granting duty concessions under the interim trade pact with the US, and where limited access exists it is constrained by tariff rate quota mechanisms; reciprocal tariffs for labour intensive exports are reduced to 18% to enhance competitiveness.
February 11, 2026
Show AI Summary
Equity markets open higher then turn choppy as Sensex gains about 213 points and investors book profits.
Equity benchmarks opened higher but turned volatile as investors booked profits after early gains; the Sensex rose about 213 points to 84,487.34 and the Nifty reached 26,009.40. Early sector movers included Mahindra & Mahindra, Titan, Tata Steel and others as gainers, with HCL Technologies, Trent, Bharat Electronics, ITC and major industrial names lagging. Brent crude rose to USD 69.32 and institutional flows showed FIIs net buyers of about Rs 69.45 crore while DIIs bought around Rs 1,174.21 crore.
February 11, 2026
Show AI Summary
Asian markets rose as weak US retail data weighed on yields and raised prospects of future monetary easing.
Asian equities rose after disappointing US retail sales reduced Treasury yields and raised prospects of US monetary easing; forthcoming US labour and inflation reports were flagged as key for rate decisions. Company earnings and a revised takeover offer in the media sector caused stock-specific moves, while oil, precious metals and currency fluctuations accompanied the market response.
February 11, 2026
Show AI Summary
DMK announces seat-sharing committee to start talks with allies from Feb 22 and election preparations continue.
DMK will form a seat-sharing committee, to be constituted by party president M. K. Stalin, and begin talks with allies from February 22 after the Assembly session ends. The move responds to Congress concerns about delay; DMK cited ongoing election operations-voter list revision, cadre mobilization, polling agent training, manifesto committee tours and the interim budget on February 17-as reasons for the timing.
February 11, 2026
Show AI Summary
Rupee weakens as India-US trade fact sheet on tariff cuts and large US purchases fuels importer dollar demand and commodity risk.
The rupee fell to 90.62 driven by importer dollar demand and geopolitical tensions after an India-US trade fact sheet outlined tariff reductions on US industrial and agricultural goods and large purchase commitments; analysts identify 90.00-90.20 as key support with 91.00-91.20 as potential upside, while rising Brent crude threatens to widen India's import bill and exert pressure on the currency.
February 11, 2026
Show AI Summary
RBI draft exempts certain NBFCs with under Rs1000 crore assets from registration, subject to conditions, and invites comments.
The Reserve Bank proposes that NBFCs not availing public funds and without customer interface with asset size below Rs.1000 crore be exempted from registration, subject to conditions specified by the RBI; the draft also prescribes procedures for deregistration or conversion of existing registered entities, including Type I NBFCs, and is accompanied by FAQs and a public consultation process.
February 11, 2026
Show AI Summary
Urban Cooperative Banks: draft rules raise unsecured-advance limits, increase aggregate ceiling, deregulate certain housing loan terms, comments invited.
The draft Amendment Directions rationalise the definition of unsecured advances, increase individual loan limits and raise the aggregate ceiling for such advances to 20% of total advances, enhance the consumer durable lending limit to nominal members to Rs.2.5 lakh, deregulate housing loan tenor and moratorium for Tier 3 and Tier 4 UCBs, and impose additional disclosure requirements, with public comments invited by March 4, 2026 via Connect 2 Regulate or email.
February 11, 2026
Show AI Summary
Dubai International Airport hit 95.2M passengers and will shift operations to Al Maktoum after a $35B upgrade by 2032.
Dubai International Airport, run by state owned and state linked entities, reached 95.2 million passengers in 2025 and faces urban and cost pressures from rapid aviation driven growth. Authorities plan to transfer operations to Al Maktoum International Airport after an estimated $35 billion upgrade, targeting a 2032 operational move to leverage larger expansion capacity and reconfigure long term aviation infrastructure.
February 11, 2026
Show AI Summary
India US interim trade agreement cuts tariffs to 18% but is criticised as asymmetrical and harmful to textile competitiveness.
The interim Indo US trade agreement reduces reciprocal tariffs on Indian goods from 25% to 18% and eliminates a prior punitive 25% tariff on Indian crude; opposition commentary characterises the pact as asymmetrical, a "coerced opening" that concedes more than India gains and undermines textile export competitiveness relative to Bangladesh.
February 11, 2026
Show AI Summary
White House revises trade fact sheet: removes 'pulses' and softens India purchase commitments language.
The White House revised its interim US-India trade fact sheet to remove "pulses" from the list of US agricultural products on which India will eliminate or reduce tariffs and to change wording from India "committed" to buy over $500 billion of US goods to India "intends" to buy more American products and purchase over $500 billion of specified US goods.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs & Trade

Indo US Bio-Tech Limited to invest Rs.71.51 crore in Agricultural Innovation and Research and Development by 2030-31

February 18, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi [India], February 18: Ahmedabad-based Indo US Bio-Tech Limited (BSE: 541304 NSE: INDOUS) is a leading company engaged in developing high-quality seeds through research and development. The company has released its investment roadmap up to 2030-31. It will invest Rs. 71.51 crore in agricultural innovation and research & development by 2030-31. A brief outline of the company’s roadmap is given below. Establishment of Seed Processing Plant (2026-27): In 2026-27, the company will invest more than Rs. 25 crore on 100 acres of land for R&D. For a controlled environment, it will establish a high-tech greenhouse on 1 acre of land with an investment of more than Rs. 5 crore. Similarly, the company will set up a net house on 3 acres of land with an investment of more than Rs. 75 lakh.

The company will also establish a 5000 square feet seed processing plant. More than Rs. 75 lakh will be invested in plant infrastructure. Rs. 1.25 crore will be invested in seed processing machinery.

• Focus on Seed Export (2026-27): During this period, the company will focus on seed exports. It will strategically expand into the US markets and undertake direct marketing expansion in Africa. The company will invest Rs. 5.70 crore to enter the US market, completing export licensing and documentation processes. An estimated annual growth of 12 percent is projected from this expansion. The revenue target for 2027-28 is Rs. 10.00 crore.

Additionally, the company will develop the African market with an investment of Rs. 5.60 crore, focusing on Kenya, Nigeria and Ghana. An annual growth of 15 percent is projected from this region, with a revenue target of Rs. 8.00 crore by 2027-28.

Thus, the company will focus on exports with a total investment of Rs. 11.30 crore. Break-even is expected by 2027-28 with an estimated initial profit margin of 25 percent. By 2035-36, combined revenue is projected to reach Rs. 49.17 crore.

Key implementation timeline: 2025-26: Export licenses and partnerships with African countries.

2026-27: Pilot marketing and initial exports.

2027-28: Full-scale operations begin.

• Establishment of a new Groundnut Seed Plant in Joint Venture (2026-27): The company will establish a new groundnut seed plant through a joint venture with an investment of Rs. 15 crore. A joint venture with 50 percent participation will be formed for processing and packaging. In 2026-27, the total company investment will be Rs. 59.55 crore.

• Tomato R&D Project (2027-28): In the first year, the company will invest Rs. 50 lakh in laboratory setup and genetic screening. In the second year, more than Rs. 75 lakh will be invested in breeding and field trials, along with resistance testing. In the third year, Rs. 1 crore will be invested in molecular studies and trials. Gene testing and advanced trials will be conducted. In the fourth year, Rs. 1.25 crore will be invested in large-scale trials and farmer feedback collection. In the fifth year, Rs. 1.50 crore will be invested in launching seeds in the market and providing farmer training.

This is a five-year project to develop disease-resistant tomato varieties with a total budget of more than Rs. 5 crore. The company expects to develop 2-3 resistant varieties and reduce yield loss by 25-40 percent.

• Bottle Gourd and Chilli R&D Project (2028-29): In the first year of the bottle gourd R&D project, more than Rs. 22 lakh will be invested in lab setup, screening and germination collection. In the second year, more than Rs. 28 lakh will be invested in hybridization, cross-breeding, field trials and disease testing. In the third year, more than Rs. 35 lakh will be invested in advanced trials including multi-location and pre-commercial trials. In the fourth year, sales of bottle gourd seeds will begin, with more than Rs. 40 lakh invested in full-scale production, marketing and farmer training. Total investment in the bottle gourd R&D project is estimated at more than Rs. 1.25 crore.

Under the chilli R&D project, in the first year the company will invest more than Rs. 35 lakh in collection and screening, germplasm collection, laboratory screening and marker identification. In the second year, Rs. 50 lakh will be invested in cross-breeding, marker validation and multi-location trials. In the third year, more than Rs. 60 lakh will be invested in advanced testing, germplasm improvement and pre-commercial seed launch. In the fourth year, full-scale seed production will begin with Rs. 70 lakh invested in marketing. Total investment in the comprehensive four-year chilli R&D project is estimated at Rs. 2.15 crore.

• Increase in Processing Plant Capacity (2029-30): During this period, the company will purchase state-of-the-art machinery for increased production capacity, install advanced sorting machines for maximum efficiency and expand facility space.

Through this implementation approach, the company will achieve comprehensive facility modernization. Each phase builds upon the previous one, ultimately resulting in a fully optimized processing plant. Total investment for 2028-29 is estimated at Rs. 5 crore.

8 Brinjal R&D Project (2029-30): Under the brinjal research and development project, in the first year the company will invest Rs. 50 lakh in germplasm collection, disease screening and laboratory setup for molecular breeding. In the second year, more than Rs. 65 lakh will be invested in molecular marker-assisted breeding and bacterial wilt resistance testing. In the third year, more than Rs. 60 lakh will be invested in advanced multi-location trials and Phomopsis blight resistance validation. In the fourth year, brinjal seeds will be commercialized with more than Rs. 70 lakh invested in full-scale production and farmer training programs.

The project focuses on developing high-yield hybrid varieties resistant to bacterial wilt, Phomopsis blight and fruit and shoot borer. A 50-60 percent improvement in yield is expected for farmers.

Total investment in the four-year development cycle is estimated at more than Rs. 2.65 crore. Revenue of more than Rs. 31.25 crore is targeted by the sixth year of the project.

• Tomato Seed R&D Project (2030-31): Under the two-year structured initiative, the company will work on five key stages including planning, laboratory analysis, product development, testing and commercialization. Total investment in infrastructure, human resources, materials, testing and marketing is estimated at Rs 2.69 crore. The project aims to transform tomato seeds into innovative health and agricultural solutions through nutrient extraction and sustainable methods.

In conclusion, the company will invest Rs. 71.51 crore in various agricultural innovation and research & development projects by 2030-31. This is expected to drive revenue growth, profitability and market expansion. The company management anticipates strong performance supported by improved operational efficiency and strategic growth in both domestic and international markets, with profit margins steadily increasing and potentially reaching up to 70 percent.

Note: Timelines of all projects may change or be adjusted based on seasonal weather patterns and agricultural conditions.

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

Topics

Acts Income Tax