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
    Firestorm and Orqa Partner to Pioneer High-Tech Industrial Manufacturing on Front Lines
    Neutrinos Named a Technology Standout in Claims Administration by Celent
    OTM 2026 Concludes in Mumbai, Reinforcing India's Rise as a Priority Market for Global Tourism
    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
❯❯
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
Firestorm and Orqa will mass-produce an NDAA-compliant FPV quadcopter using expeditionary manufacturing and sovereign supply chains.
The partnership will manufacture and distribute the U.S.-built Firestorm Squall using NDAA-compliant components, combining Orqa's in-house, China-free component production and high-volume manufacturing capacity with Firestorm's containerized expeditionary additive-manufacturing platforms to enable scaled production, sustainment, and in-theater platform development for Department of War customers and allies.
February 11, 2026
Show AI Summary
Neutrinos life insurance claims automation named Technology Standout; emphasizes AI decisioning, auditability, and structured human review.
Neutrinos' life insurance claims automation platform offers configurable AI decisioning, adjudication logic, complex benefit calculations, cross-platform orchestration and full auditability, with AI-driven document processing, data validation and streamlined correspondence; the platform emphasizes structured decision support and clear handoffs to human review as insurers adopt generative AI in claims.
February 11, 2026
Show AI Summary
OTM 2026 showcased India's rise as a priority outbound travel market, driving global B2B engagement and connectivity.
OTM 2026 in Mumbai confirmed India's status as a priority outbound travel market by bringing together 2,200+ exhibitors, 45+ national tourism organisations, 50,000+ trade visitors and 1,000+ hosted buyers, delivering 50,000+ pre-scheduled B2B meetings and serving as a launch platform for destination campaigns, airline product updates and India-focused commercial strategies across leisure, corporate travel, MICE and weddings.
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.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs & Trade

US trade deal has become an ordeal: Congress slams PM Modi

February 21, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Feb 21 (PTI) As the US Supreme Court struck down President Donald Trump's global tariffs, the Congress on Saturday alleged that the India-US interim trade deal is an "ordeal" the country is being subjected to by Prime Minister Narendra Modi's "desperation and surrender".

Congress general secretary in-charge communications Jairam Ramesh also claimed that if Prime Minister Modi had not been so "desperate" to protect his fragile image and waited just 18 days more, Indian farmers would have been saved their agony and distress, and Indian sovereignty would have been protected.

"Yesterday after the US Supreme Court struck down his tariffs policy, President Trump declared that (i) Mr. Modi is his great friend; (ii) the India-US trade deal will continue as announced; (iii) he had personally halted Operation Sindoor on May 10 2025 by threatening to increase tariffs on Indian exports to the US if India did not halt Operation Sindoor," Ramesh said on X.

On February 2 2026, President Trump was the first to announce that the India-US trade deal had been finalised and said that "out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a trade deal between the United States and India", the Congress leader said.

"What forced Prime Minister Modi to ensure President Trump announced the India-US trade deal in the night of February 2...?" Ramesh asked. "What had happened in the Lok Sabha that afternoon that had compelled Mr. Modi to get so desperate and reach out to his good friend in the White House to create a diversion?" "The India-US trade deal is really an ordeal that India is being subjected to by the Prime Minister's desperation and surrender," he said.

His remarks came after Donald Trump said there is no change in the trade deal with India and emphasised that "the India deal is on".

"I think my relationship with India is fantastic and we're doing trade with India. India pulled out of Russia. India was getting its oil from Russia. And they pulled way back at my request, because we want to settle that horrible war where 25,000 people are dying every month," Trump said at a news conference Friday in the White House hours after the US Supreme Court struck down his sweeping tariffs.

Trump said his relationship with Prime Minister Narendra Modi is great. He then went on to repeat the claim that he stopped the war between India and Pakistan last summer using tariffs.

Earlier this month, as the US and India announced they reached a framework for an Interim Agreement on trade, Trump issued an Executive Order removing the 25 per cent punitive tariffs imposed on India for its purchases of Russian oil, with the US President noting the commitment by New Delhi to stop directly or indirectly importing energy from Moscow and purchase American energy products.

Under the trade deal, Washington will charge a reduced reciprocal tariff on New Delhi, lowering it from 25 per cent to 18 per cent.

When asked about the deal with India, Trump said, "Nothing changes. They'll be paying tariffs, and we will not be paying tariffs. So deal with India is they pay tariffs. This is a reversal for what it used to be, as you know, India and I think Prime Minister Modi is a great gentleman, a great man, actually, but he was much smarter than the people that he was against in terms of the United States, he was ripping us off.

"So we made a deal with India. It's a fair deal now, and we are not paying tariffs to them, and they are paying tariffs. We did a little flip," Trump said.

The Congress on Friday hailed the US Supreme Court decision striking down President Donald Trump's global tariffs and said India may not have found itself cornered into a "one-sided" trade deal had the government waited just 18 more days.

In a post on X, Ramesh had said, "Hats off to the US Supreme Court for striking down President Trump's entire tariff strategy! Quite an amazing decision given its ideological composition.

"A 6-3 verdict is decisive. The American system of checks and balances still seems to be working," he said.

The US Supreme Court on Friday struck down President Donald Trump's far-reaching global tariffs, handing him a significant loss on an issue crucial to his economic agenda.

The 6-3 decision centred on tariffs imposed under an emergency powers law, including the sweeping reciprocal tariffs Trump levied on nearly every other country.

The majority found that the Constitution very clearly gives the Congress the power to impose taxes, which include tariffs. PTI ASK SKY SKY

Topics

Acts Income Tax