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
    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
    Rupee rises 5 paise to close at 90.89 against US dollar
    New series will better reflect consumption patterns, reduce volatility: RBI Guv
    No roadmap for merger of public sector banks: Sitharaman
    Will comply with NCLAT's directions to extend privacy guidelines to advertising-related data: WhatsApp to SC
    Silver, gold surge 3 pc on safe-haven demand
    Footwear Design and Development Institute (FDDI) celebrates its 5th Convocation Ceremony in Hyderabad.
    Banks need to concentrate on core business, desist mis-selling: FM
    AU Small Finance Bank Earns 'Great Place to Work®' Certification for the Sixth Consecutive Year
    Market Trends Indicate a Turning Point for Bitcoin Mining Hardware in India
    Keeping a close watch on gold imports: Finance Minister
❯❯
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
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.
February 23, 2026
Show AI Summary
Exchange rate volatility: Rupee edges higher as oil weakness supports the currency while geopolitical tensions cap gains.
Exchange rate movement recorded the rupee appreciating modestly against the US dollar, settling marginally stronger after declines in global crude oil prices and a softer dollar. Market dynamics included importer and foreign portfolio investor dollar purchases on dips, rising domestic debt yields that capped gains, and geopolitical tensions limiting upside. The report also notes that India's foreign exchange reserves rose to a new high, a factor relevant to reserve adequacy and forex market liquidity.
February 23, 2026
Show AI Summary
Flexible inflation targeting review may adjust the CPI inflation target after adoption of a new CPI series.
The RBI will incorporate the new 2024-base CPI series, which broadens the consumption basket and reduces volatility, into upcoming CPI projections and the April policy estimate; this change occurs alongside the review of the flexible inflation targeting regime and the government's periodic determination of the CPI inflation target, for which the RBI has submitted recommendations after stakeholder consultation.
February 23, 2026
Show AI Summary
Banking sector review to explore creation of mega-lenders while no current roadmap for public sector bank mergers.
No roadmap exists for public sector bank mergers; the Budget proposes a High-Level Committee on Banking for Viksit Bharat to review the sector and explore creation of mega-lenders while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring select public sector NBFCs to improve scale and efficiency. The central bank states banks are adequately capitalised to sustain credit growth and notes rising gross FDI alongside moderated net FDI due to repatriations and increased outward investment.
February 23, 2026
Show AI Summary
Privacy guidelines extended to advertising data; companies to comply and furnish compliance report following tribunal directions.
Extension of privacy and consent safeguards to advertising-related user data is required, with Meta and WhatsApp indicating they will implement NCLAT directions to apply CCI standards to data collection and sharing for advertising. Stay applications were dismissed without prejudice and a compliance report was ordered. The CCI will examine the companies' affidavit on privacy policy and file a response, while its cross-appeal challenges the tribunal's modification permitting advertising-related data-sharing; a monetary penalty previously imposed by the CCI was retained by the tribunal.
February 23, 2026
Show AI Summary
Tariff ruling spurs safe-haven demand, lifting precious metals prices amid renewed trade-policy uncertainty and tariff adjustments.
A US Supreme Court ruling against the contested tariff measure and a subsequent executive increase in the global tariff rate from ten per cent to fifteen per cent intensified trade-policy uncertainty, triggering cross-asset volatility and prompting safe-haven demand that drove silver and gold to multi-week highs in domestic and international markets.
February 23, 2026
Show AI Summary
Skill development and sustainability urged to boost competitiveness through technology, design innovation and industry collaboration for graduates.
FDDI's 5th convocation conferred degrees and academic medals across programmes, with the institute stressing its contribution to skill development, research, innovation and industry engagement in the footwear, leather, fashion and retail ecosystem. Speakers urged adoption of technology, sustainability and design innovation to enhance global competitiveness, noted sectoral support for employment and MSME growth, and highlighted Hyderabad campus developments including a Centre of Excellence, modern laboratories and strengthened industry collaborations.
February 23, 2026
Show AI Summary
Mis-selling prohibition: banks must stop bundling non-bank products and refund customers with compensation when mis-selling occurs.
Banks must stop mis-selling non-bank financial products and prioritise core banking-mobilising deposits, improving CASA, understanding customers, and lending responsibly. The Finance Minister supported RBI draft guidance that mandates full refunds and compensation for mis-selling and highlighted regulatory gaps between banking and insurance supervisors. The RBI characterised upcoming stricter mis-selling norms as consumer protection measures with effect from the announced implementation timeline.
February 23, 2026
Show AI Summary
Workplace certification signals sustained employee trust and cultural investments as bank advances toward universal banking transition.
AU Small Finance Bank's consecutive workplace certification, grounded in employee feedback and an improved Trust Index Score, evidences its focus on employee trust and culture. The recognition reflects targeted investments in leadership, learning and development, inclusion, career mobility and a strengthened digital and IT capability to create future-ready roles, supporting the Bank's strategic progression toward universal banking.
February 23, 2026
Show AI Summary
Regulatory clarity for crypto mining: compliance with tax, KYC and disclosure regimes shapes viable mining operations.
India's bitcoin mining market is professionalising as buyers shift to energy efficient ASICs and localised support while infrastructure improvements enable co location and data centre deployments. Electricity availability and sustainability measures (including hybrid renewables and off peak strategies) materially affect operational viability. Mining remains permitted within broader tax, AML, exchange control and emerging disclosure frameworks; operators should observe tax and KYC obligations, transparent accounting, and anticipate formalised reporting or environmental disclosure requirements.
February 23, 2026
Show AI Summary
Gold import monitoring: government and RBI flag a recent import spike while keeping external account risks in check.
The government and the Reserve Bank of India are monitoring gold imports after a sudden January surge in value and volume; the RBI is analysing data, attributes part of the rise to global central bank purchases and domestic seasonal demand, and considers the situation not yet alarming while noting the current account remains manageable and external-sector resilience intact.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
News and Press Release

In a largest operation of its kind by any agency in Madhya Pradesh, officers of Central Bureau of Narcotics (CBN) seize 43.820 kg high-quality MD/Methamphetamine, more than 260 kg chemicals, and sophisticated modern equipment

February 19, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Total seizure of MD in the entire operation amounts to nearly 52 kg; three arrested

In an operation that spanned three days during largest operation of its kind carried out by any agency in Madhya Pradesh to date, the officers of the Central Bureau of Narcotics (CBN) unearthed the factory located in Village Thavalay, under Mhow Tehsil, Indore district. The CBN seized 43.820 kg high-quality MD/Methamphetamine, more than 260 kg chemicals, and sophisticated modern equipment. The total seizure of MD in the entire operation amounts to 51.992 kg. All recovered contraband and chemicals were seized under the provisions of the NDPS Act, 1985.

Acting on a specific intelligence received by the Neemuch branch, Madhya Pradesh, of Central Bureau of Narcotics (CBN), on the night of 13.02.2026, the CBN recovered 8.172 kg of high-quality crystal MD/Methamphetamine from two passengers travelling in a bus at Mandsaur.

Acting swiftly on the input, a team from CBN Neemuch was constituted and dispatched to Mandsaur. Given the limited time, officers at Mandsaur were alerted telephonically and promptly intercepted the suspect bus. After the arrival of the Neemuch, search proceedings were initiated in accordance with the provisions of the NDPS Act, 1985.

During the search, a passenger was found carrying a suspicious box and admitted it contained MD. On further inquiry, an accomplice seated separately was identified, and another suspected box was recovered from beneath his seat. Examination of the boxes led to the recovery of 8.172 kg of high-purity Methamphetamine (MD) in crystal form, packed in five polythene packets across two boxes. Both accused admitted possession of the seized contraband. Further interrogation revealed that the accused were transporting the MD directly from a clandestine manufacturing laboratory.

In view of the revelation, CBN immediately formed a special separate team consisting of officers from Ujjain, Jaora, Mandsaur, and Neemuch branches to coordinated searches and precisely locate the suspected laboratory. Further probe helped to locate the laboratory near Mhow.

As a follow-up to this seizure, joint teams of CBN Madhya Pradesh from Neemuch, Mandsaur, Jaora, and Ujjain launched a search operation from midnight onwards to trace the manufacturing facility. The teams achieved success the next morning.

In the early morning of 14th February 2026, officers identified the suspected premises matching the given description, including an iron gate and two palm trees at the entrance. However, strong chemical fumes and an unbearable odour forced them to hold entry due to health risks. A specialised team with proper Personal Protective Equipment (PPE) was immediately mobilised from Neemuch to conduct the search proceedings.

The laboratory was found to be equipped with modern machinery and plant installations. As the dismantling of the sophisticated equipment required technical expertise, assistance was sought from the Government Opium and Alkaloid Works (GOAW), Neemuch. A four-member team comprising engineers and chemists from GOAW Neemuch arrived at the site on the midnight of 15.02.2026. The plant and machinery were dismantled and seized by CBN. The entire proceedings were concluded early morning of 15th February 2026.

  

The two persons intercepted at BPL Chauraha, Mandsaur have been formally charged under relevant provisions of the NDPS Act, 1985. The owner of the house where the clandestine laboratory was operating has also been detained during the proceedings.

Further investigation is underway to identify and dismantle the wider network involved in manufacturing and distribution of synthetic drugs.

This operation highlights the commitment, coordination, and dedication of CBN officers, who, despite limited leads and significant time constraints, successfully carried out one of the largest synthetic drug laboratory busts in the State. The swift intelligence-based action, inter-district coordination, and technical support from GOAW Neemuch led to the dismantling of a major illegal drug manufacturing facility.

The CBN reiterates its firm resolve to curb the menace of narcotic drugs and psychotropic substances and make India drug free.

Topics

Acts Income Tax