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
    BPTP Scores Dual Wins at Times Realty Awards for Residential & Commercial Excellence
    Reliance Consumer Products acquires Southern Health Foods
    VinFast Wins Double Awards at Auto Excellence Awards 2026
    International Day for a World without Childhood Blindness
    Dead economy: Only thing that is dead is certain people's confidence in India, says Milind Deora
    LegalEdge expands beyond 5-year category, delivers strong outcomes in 3-Year LL.B segment with SLS AIAT 2026
    NRoute Introduces Heartisafe, a Science-Backed Primary Prevention Solution for Cardiovascular Health with Fruitflow®
    Kashiv BioSciences and Intas Pharmaceuticals Sign an Exclusive Licensing and Supply Agreement for Complex Peptide Product in Europe, the UK & India
    Bengal: Two arrested by ED in coal smuggling case
    Tata Motors’ Ranipet plant among first to make luxury, EVs at scale: TN Minister
    Victory or PR-wrapped sacrifice of India's interests: Kharge on US deal
    Sensex, Nifty rise for 3rd straight day as trade deal, global cues boost sentiment
    Rupee rises 9 paise to close at 90.57 against US dollar
    Ugly scenes could have taken place had BJP MPs been allowed to confront oppn members in LS: Rijiju
    MIDASX Records Best Quarter Since Inception, 30% YoY Growth; SaaS Vertical Turns Cash-Flow Positive
    ED registers money laundering case in Tirupati laddu 'adulteration' case
    SC refers to practical difficulties of IT sleuths if advance search notice served on offenders
    Andhra govt exempts Rs 20 crore stamp duty, registration fees for BPCL refinery, petro complex
    ACT Fibernet Honored as the AI and GenAI Pioneer at The Fast Mode Awards 2025
    Merck India hosts 6th Merck-Tagore Award: Honours Professor Dr. Lars-Christian Koch for Promoting Intercultural Exchange between India and Germany
❯❯
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 10, 2026
Show AI Summary
BPTP wins dual awards for residential and commercial projects at The Times Realty Awards 2026.
BPTP received top honours at The Times Realty Awards 2026 for Iconic Residential Project (BPTP Amstoria Verti Greens & GAIA Residences) and Iconic Commercial Project (BPTP Capital City), each recognised for design excellence, sustainability features such as double glazed fac ades and thermal performance, integrated master planning, and amenity-rich, future-ready mixed use development.
February 10, 2026
Show AI Summary
Reliance Consumer Products acquires Southern Health Foods to expand its millet-based foods portfolio and geographic reach.
Reliance Consumer Products Ltd acquired Southern Health Foods, owner of the Manna brand, to strengthen its foods and staples portfolio by creating a millet-based foods vertical and expanding Manna beyond Tamil Nadu. The acquisition is aligned with RCPL's broader inorganic growth strategy following its demerger and is presented as complementary to recent strategic brand acquisitions and relaunches in the FMCG and personal care segments.
February 10, 2026
Show AI Summary
VinFast wins two Auto Excellence Awards for brand impact and the VF 6's value proposition, highlighting its India EV strategy.
VinFast won Emerging EV Brand of the Year and Value for Money EV of the Year (VF 6) at the Auto Excellence Awards 2026, reflecting its market entry strategy in India focused on localization, product planning, and a long term infrastructure and investment roadmap. The VF 6's award was based on a value proposition for urban and first time EV buyers-modern design, practical range, smart features, safety credentials, and accessible pricing-while VinFast's broader approach includes an expanding product portfolio, manufacturing and distribution build out, charging solutions, and customer support to broaden EV access.
February 10, 2026
Show AI Summary
Childhood blindness: global leaders urge coordinated action and scalable, cost effective interventions to prevent and treat pediatric vision loss.
Advocates and leaders convened to prioritize child eye health as a public health and development priority, citing about 1.4 million blind children worldwide ( 75% in Africa and Asia; ~320,000 in India) and identifying largely preventable causes-vitamin A deficiency, corneal scarring, congenital cataracts, and retinopathy of prematurity. The meeting emphasized scalable, cost effective interventions, improved awareness, expanded pediatric ophthalmic access, and coordinated action by governments, philanthropy, and civil society to avert lifelong disability and increase disability free life years.
February 10, 2026
Show AI Summary
India's economy defended as alive and growing amid budget debate, citing trade deals, digital payments, GST and manufacturing push.
Debate over the Union Budget 2026-27 presented government claims that India's economy is robust-citing the EU trade agreement, UPI processing over 70 crore transactions daily, Jan Dhan financial inclusion bringing 50 crore into banking, a doubling of gross GST revenues, rising private sector investment and PLI-driven manufacturing growth-while acknowledging criticism that recent anti-money laundering amendments have hindered entrepreneurs and that the budget offers insufficient relief to workers, farmers and the middle class.
February 10, 2026
Show AI Summary
LegalEdge expands into 3-Year LL.B entrance, delivering notable candidate outcomes across year and crash programmes.
LegalEdge expanded into the 3-Year LL.B entrance segment with six verified SLS AIAT 2026 achievers from 1 Year Online Classroom and Crash Course cohorts, attributing results to Structured Learning Plans, focused practice, cohort-driven preparation and a testing ecosystem designed to align aspirants with exam requirements and improve accuracy, speed and exam temperament.
February 10, 2026
Show AI Summary
Heartisafe: a nutrition product claiming to reduce platelet stickiness and inflammation for early cardiovascular prevention in adults.
NRoute's Heartisafe combines Fruitflow and grape seed extract as a daily, nutrition based product for primary cardiovascular prevention, relying on Fruitflow 's clinical validation and regulatory adoption. It purports to moderate platelet hyperactivity, reduce chronic low grade inflammation, support vascular balance and circulation, and improve post exercise recovery, presenting a safety profile contrasted with low dose aspirin and targeting stressed, urban, middle aged, diabetic, obese and current or former smoking adults.
February 10, 2026
Show AI Summary
Complex peptide licensing: Kashiv to register and supply; Intas/Accord to commercialize in India, Europe and the UK.
An exclusive licensing and supply agreement assigns Kashiv responsibility for regulatory registration, manufacturing and supply of a complex peptide product, while Intas will commercialize in India and Accord will commercialize and distribute in Europe and the UK, allocating territorial rights and distinct regulatory, supply and commercial roles between the parties.
February 10, 2026
Show AI Summary
Coal smuggling probe: two traders arrested in a money laundering investigation after inconsistent statements and targeted searches.
Enforcement Directorate arrested two coal traders in a money laundering probe into alleged illegal coal mining and transportation after repeated questioning revealed multiple inconsistencies in their statements; searches and questioning were conducted across locations including Raniganj and Jamuria, and one arrestee is reported to be a close associate of a prime accused.
February 10, 2026
Show AI Summary
Tata Motors Ranipet plant begins large-scale production of luxury and electric vehicles, creating trained local manufacturing jobs.
Tata Motors' Ranipet facility began large-scale production of luxury and electric vehicles as an anchor industrial investment of Rs 9,000 crore, delivered in about 16 months, and presented as evidence of stable governance, policy clarity, and investor confidence.
February 10, 2026
Show AI Summary
Indo US interim trade agreement risks India's strategic autonomy, agriculture and textile sectors via oil, feed and tariff conditions.
The Indo US interim trade agreement is criticised for imposing trade conditionality by requiring India to stop purchasing Russian Federation oil for tariff relief and subjecting oil imports to US monitoring. The White House fact sheet adds agricultural entries (including pulses) and alters references to red sorghum and dried distillers' grains, raising concerns about genetically modified feed, impacts on cattle and dairy, and expanded market access. Tariff terms and US-Bangladesh preferences are said to disadvantage Indian textiles and cotton producers, prompting claims of erosion of strategic autonomy and adverse export competitiveness.
February 10, 2026
Show AI Summary
Sensex and Nifty rose on India-US trade optimism, FII inflows and rupee gains amid mixed Q3 earnings.
Sensex and Nifty advanced for a third straight session on optimism over an India-US trade agreement and positive global cues; Sensex closed at 84,273.92 and Nifty at 25,935.15 after intraday highs, with sectoral winners offset by some large-cap laggards. The rise was attributed to easing tariff concerns, renewed foreign institutional investor inflows and rupee appreciation, while mixed Q3 earnings and profit-booking were expected to shape near-term market direction.
February 10, 2026
Show AI Summary
Rupee gains to 90.57 amid equity inflows and weak dollar, offset by geopolitical tensions and importer dollar demand.
Rupee settled stronger by 9 paise at 90.57 against the US dollar after intraday trading between 90.48 and 90.77, supported by domestic equity gains and foreign inflows but capped by geopolitical tensions and importer dollar demand; market views expect a slight positive bias tempered by external risks and upcoming US economic data.
February 10, 2026
Show AI Summary
Lok Sabha disruptions escalated after opposition incursions onto the treasury benches, prompting petitions and member suspensions.
Parliamentary discipline measures and petitions followed disruptions when opposition members advanced onto the treasury benches during the Motion of Thanks; BJP ministers said ruling party MPs were restrained from confronting them to preserve House dignity. The BJP's women MPs submitted a letter urging the Speaker to take the strongest action for alleged incursions, climbing of furniture and siege of the prime minister's seat. The Motion of Thanks proceeded without the prime minister's speech, and eight opposition members were suspended for the remainder of the Budget session for unruly behaviour.
February 10, 2026
Show AI Summary
MIDASX posts 30% quarterly revenue growth; SaaS reaches breakeven and multi asset marketplace expands and scales operations.
MIDASX recorded 30% revenue growth in Q3 FY25-26 while its SaaS division reached breakeven, signaling cash flow positivity and enhanced unit economics. The company launched a B2B2C multi asset marketplace covering mutual funds, equities, debt and alternative products, onboarded 250+ IFAs, expanded headcount and opened a new Mumbai office, and plans to scale marketplace supply, add product manufacturers, expand AI workflows, and run nationwide events.
February 10, 2026
Show AI Summary
Tirupati laddu ghee adulteration probe leads to money laundering case under PMLA over alleged illicit proceeds.
Enforcement Directorate registered a probe under the Prevention of Money Laundering Act into alleged proceeds of crime from a ghee adulteration scheme tied to Tirupati laddu production. The ED is examining the FIR and chargesheet from a CBI-led SIT that named 36 accused, and is investigating alleged hawala dealings, fund diversion and other financial channels used to generate or conceal illicit funds from the supply of chemically processed oil sold as ghee, valued at about Rs 250 crore.
February 10, 2026
Show AI Summary
Advance search notice may allow destruction of electronic evidence, risking and hampering tax investigations in the digital age.
Challenge to search and seizure powers under Section 132 raises that prior notice may allow destruction of electronic evidence, risking investigative defeat, while petitioners assert excessive authority and third-party exposure; the court deferred further hearing and observed the powers are not uncontrolled.
February 10, 2026
Show AI Summary
Andhra Pradesh exempts stamp duty and registration fees to facilitate BPCL refinery land transfers near Ramayapatnam Port.
The government exempted stamp duty of about Rs 17.6 crore and registration fees of about Rs 2.72 crore for transfer of 600.4 acres from APMB to APIIC and then to BPCL to facilitate a greenfield refinery, as part of incentives under the Andhra Pradesh Industrial Development Policy 4.0; the GO notes a valuation discrepancy between the registration authority and APIIC and treats the waived amounts as foregone state revenue.
February 10, 2026
Show AI Summary
ACT Fibernet's AI SmartWiFi improved in-home broadband speeds, reduced support calls, and optimized device connectivity at scale.
ACT Fibernet's AI-powered ACT SmartWiFi , developed with Aprecomm, automatically optimizes in-home Wi Fi by steering smart TVs, laptops, and mobile devices to optimal channels, producing rapid measurable gains in throughput and stability; initial deployment across 250,000 homes yielded an average threefold speed increase and, at broader scale, reduced support calls and latency while improving video conferencing and streaming performance.
February 10, 2026
Show AI Summary
Merck Tagore Award honours Lars Christian Koch for advancing Indo German cultural exchange on Tagore's musical legacy.
Merck India and the Goethe Institut / Max Mueller Bhavan India granted the sixth Merck Tagore Award to Professor Dr. Lars Christian Koch for his sustained contributions to Indo German cultural exchange concerning Rabindranath Tagore. The award, sponsored by Merck India and administered by the Goethe Institut, is part of Merck's global literary prizes and recognises writers and scholars who deepen cultural ties between Germany and India.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs & Trade

Trump now hikes global tariffs 15 pc, up from 10 pc; US to announce new levies soon

February 21, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New York/Washington, Feb 21 (PTI) US President Donald Trump on Saturday said he is raising, effective immediately, worldwide tariff rates on countries from 10 per cent to the “legally tested” 15 per cent.

The US president also slammed Friday's Supreme Court verdict that had quashed the sweeping levies imposed by him last year.

With the earlier announced tariff rate of 10 per cent to be applicable on countries around the world, Indian goods being imported into the US would no longer have been subjected to the 18 per cent tariff rate that had been decided following the announcement of a framework for an Interim Agreement on trade between India and the US. But that would change now with the new announcement of the 15 per cent tariff rates.

Trump said in a post on his social media that his decision to hike the tariffs to 15 per cent from Friday's 10 per cent was based “on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court.” “... please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the US off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump said in a post on Truth Social.

“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again!!!,” he added.

In a major setback to Trump’s pivotal economic agenda in his second term, the US Supreme Court, in a 6-3 verdict written by Chief Justice John Roberts, on Friday ruled that the tariffs imposed by Trump on nations around the world were illegal and that the President had exceeded his authority when he imposed the sweeping levies.

In a 6-3 vote on Friday, the judges found that the International Emergency Economic Powers Act (IEEPA) does not authorise the imposition of duties. Justices Clarence Thomas, Samuel A. Alito Jr. and Kavanaugh dissented in the court's decision. Justice Brett Kavanaugh US Supreme Court referred to the tariffs imposed on India for Russian oil purchases in his dissenting opinion.

Shortly after the verdict, Trump had issued a proclamation titled ‘Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems’, that imposed, for a period of 150 days, a “temporary import surcharge of 10 per cent ad valorem” on articles imported into the United States, effective February 24, 2026.

With his Truth Social post, that rate now stands at 15 per cent, dealing another chaotic decision on imports to countries and allies around the world, who are closely monitoring the erratic changes in tariff rates by the US and attempting to factor them in their trade with Washington.

India too faces a lower tariff rate of 10 per cent, down from 18 per cent, after Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping 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 purchasing American energy products.

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

Topics

Acts Income Tax