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
    US President Trump hails trade deal with India as 'historic'
    IRCTC scam case: Lalu, Tejashwi can't evade trial because of lack of sanction, CBI tells HC
    Direct tax kitty up 9.4 pc to Rs 19.44 lakh cr till Feb 10 this fiscal
    Trade unions to observe nationwide strike on Thursday to protest against govt policies
    National Productivity Council to Observe 68th National Productivity Week 2026 with Focus on Cluster-Based Growth for MSMEs
    India Shines as ‘Country of the Year’ at BIOFACH Germany 2026, Showcasing Organic Strength and Global Leadership
    SBI overtakes TCS to become India's fourth most valuable listed firm
    RBI Issues Draft Amendment Directions for ‘Advertising, Marketing and Sales of Financial Products and Services by Regulated Entities’
    IN-SPACe selects 3 space start-ups for developing satellite bus
    Growth alone not enough, employment must be focus of policy making: Devegowda
    Services likely to see disruption due to trade unions' strike on Thursday
    IIM Lucknow, TimesPro invite applications for the 10th intake of the Chief Strategy Officers Programme
    Renowned Fengdu Oranges Branch into Booming Industry in West China's Chongqing
    Poll losses have made Rahul bitter, full of hate for India: Anurag Thakur
    Bisleri International Reinforces Circular Economy Vision at PLAST INDIA 2026 through its Bottles for Change Initiative
    Merck Foundation and African first Ladies mark International Day of Girls & Women in Science by empowering women in STEM and supporting girl education
    WORLD CLIMATE ACTION LEADERS, CITIZEN GROUPS, CORPORATES TO CONVERGE IN MUMBAI FOR GLOBAL SOUTH'S FIRST MUMBAI CLIMATE WEEK
    Digitisation push: MSRTC to implement National Common Mobility Card system
    THE LEELA CONCLUDES THE FOURTH SEASON OF #POLOINTHEPINKCITY WITH A CELEBRATION OF THE ROYAL SPORT, CULTURE AND REFINED LUXURY
    IndoStar Capital Finance Q3FY'26 Disbursements ₹ 1,117 crore up 20% vis-à-vis Q2FY'26, AUM stood at ₹ 7,692 crore
❯❯
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 12, 2026
Show AI Summary
US-India trade framework commits India to buy $500 billion of US goods and reduce tariffs on industrial and agricultural products.
The bilateral framework commits India to eliminate or reduce tariffs on US industrial goods and a wide range of food and agricultural products and obliges India to purchase USD 500 billion of US products over five years, specifying energy products, aircraft and parts, precious metals, technology products, and coking coal, while reaffirming continuation of broader Bilateral Trade Agreement negotiations to secure additional market access and supply chain resilience measures.
February 11, 2026
Show AI Summary
IRCTC scam case: prosecution says later-obtained sanction preserves charges if no prejudice to accused is shown.
The prosecution argued that absence of prior official sanction did not bar framing of charges because a sanction can be obtained later without causing prejudice; sanction was in fact taken during pre-trial proceedings and defendants have not shown specific prejudice, while the question whether immunity from prosecution affects cognisance is a matter for trial.
February 11, 2026
Show AI Summary
Direct tax collections rose 9.4% to Rs 19.44 lakh crore till Feb 10 on higher corporate receipts and lower refunds.
Net direct tax collections increased 9.4% to Rs 19.44 lakh crore through February 10, supported by a 14.51% rise in corporate tax to Rs 8.90 lakh crore and a 5.91% increase in non corporate taxes to Rs 10.03 lakh crore. Securities Transaction Tax receipts were nearly flat at Rs 50,279 crore, while tax refunds fell 18.82% to Rs 3.34 lakh crore. Gross direct tax receipts rose 4.09% to Rs 22.78 lakh crore, with gross corporate and non corporate mop ups of Rs 10.88 lakh crore and Rs 11.39 lakh crore respectively, against a Revised Estimate of Rs 24.84 lakh crore.
February 11, 2026
Show AI Summary
Trade unions call a nationwide strike to oppose privatisation measures, demand pension restoration and oppose 100% FDI in insurance.
A joint forum of central trade unions has called a nationwide one-day strike affecting multiple public services to oppose policies seen as enabling privatisation and corporate access, demand withdrawal of the Electricity Amendment and related policy proposals, restore the Old Pension Scheme for power employees, oppose 100% FDI in insurance, roll back recent labour code measures and related bills, and press for stopping outsourcing and regular recruitment and regularisation of outsourced workers.
February 11, 2026
Show AI Summary
National Productivity Week 2026 spotlights cluster-based growth for MSMEs to boost productivity and global value chain integration.
The National Productivity Council will observe the 68th National Productivity Week (12-18 February 2026) under the theme Clusters as Growth Engine: Maximizing Productivity in MSMEs, promoting cluster-led development to accelerate productivity and global value chain integration. NPC will run nationwide events through its 12 Regional Directorates and 24 Local Productivity Councils, working with central and state ministries, industry associations and academia. As an autonomous society under the Department for Promotion of Industry and Internal Trade, NPC provides consultancy, training and research across multiple technical and management domains to support MSME competitiveness and sustainable industrialisation.
February 11, 2026
Show AI Summary
India's organic regulation strengthens export readiness at BIOFACH, urging India EU mutual recognition to expand organic trade.
India emphasised amendments to the National Programme for Organic Production enhancing credibility and international alignment, and urged early conclusion of a Mutual Recognition Agreement on organics with the European Union to enable reciprocal certification acceptance and expand bilateral organic trade, supported by APEDA-led market promotion and capacity-building measures for exporters, certification bodies and farmer organisations.
February 11, 2026
Show AI Summary
SBI becomes fourth most valuable listed firm as strong quarterly results lift market capitalisation and profits.
SBI overtook TCS as the fourth most valuable listed company after its shares rose and market capitalisation increased. The bank disclosed record standalone profit of Rs 21,028 crore and consolidated profit of Rs 21,317 crore for the December quarter; standalone core net interest income grew 9.04% to Rs 45,190 crore on about 15.14% loan growth and a domestic net interest margin of 3.12%. Non interest income rose 15.65% to Rs 8,404 crore while total expenses rose to Rs 1,08,052 crore, as reported in a regulatory filing.
February 11, 2026
Show AI Summary
RBI draft amendments target advertising, marketing and sales practices by banks and NBFCs to curb dark patterns and mis selling.
RBI has issued draft Amendment Directions to expand regulatory requirements on advertising, marketing and sales of financial products and services by all banks and NBFCs, covering Direct Sales/Marketing Agents, dark patterns and prevention of mis selling, and proposes corresponding amendments to Responsible Business Conduct and Undertaking of Financial Services Directions for various categories of regulated entities.
February 11, 2026
Show AI Summary
IN-SPACe selects three firms to develop modular small satellite buses with grants and infrastructure support for hosted payloads.
IN-SPACe selected three private firms under the SBaaS initiative to develop modular, scalable small satellite bus platforms, awarding milestone linked grants and facilitating access to ISRO/DoS and IN-SPACe infrastructure, testing facilities, and technical expertise to support development, demonstration, and subsequent hosted payload missions.
February 11, 2026
Show AI Summary
Union Budget should prioritise employment over investment figures, ensuring dignified jobs for youth and taxpayer safeguards.
Employment must be central to policy, with success measured by dignified jobs for youth rather than investment announcements; manufacturing and MSME growth requires skilling, local ecosystems, affordable credit and predictable regulation to generate jobs. Tax simplification should include safeguards to protect honest taxpayers from cashflow harm and compliance anxiety, and wider policy must address urban governance, water security, climate resilience and regional balance while prioritising farmers, informal workers and backward regions.
February 11, 2026
Show AI Summary
Nationwide strike to disrupt electricity, banking, transport, health and utilities; unions demand withdrawal of privatisation bills.
A nationwide strike by a joint trade union forum is expected to disrupt electricity, banking, insurance, transport, health, education and utility services, with large-scale participation and partial bank-union involvement. Power-sector employees demand withdrawal of the Electricity (Amendment) Bill 2025 and the proposed National Electricity Policy 2026, restoration of the Old Pension Scheme, an end to outsourcing and regularisation of outsourced staff. Unions also oppose up to 100% FDI in insurance and seek repeal of recent labour codes and other statutory measures.
February 11, 2026
Show AI Summary
IIM Lucknow Chief Strategy Officers Programme: 10-month executive course on strategy, AI integration, ESG and a capstone project.
IIM Lucknow and TimesPro offer a 10-month Chief Strategy Officers Programme for senior professionals (generally 10+ years' experience) structured into three modules-Sensing Opportunity; Crafting Competitive Advantage; Execution & Realising Competitive Advantage-covering strategy, disruption, M&A, digital and AI integration, ESG, change management and design thinking, delivered via live online sessions, a three-day on-campus immersion and a capstone project; successful participants receive an IIM Lucknow certificate and alumni credentials.
February 11, 2026
Show AI Summary
Fengdu oranges gain national geographical indication and cooperative standardization to scale production and domestic exports.
Fengdu's orange sector relies on cooperative-led standardized production and training supported by the county Agriculture and Rural Affairs Commission, with certified technical practices (including drone operation) forming the operational compliance and quality-control framework. The product holds a National Geographical Indication Trademark and National Geographical Indication for Agricultural Products designation, and the village is a national specialty product demonstration, enabling regulated market access, traceability, and export opportunities.
February 11, 2026
Show AI Summary
Parliamentary Budget debate: government accuses opposition of vitriol; parties clash over banks, MSMEs and fiscal transfers.
Parliamentary debate on the Union Budget saw government members accuse the Leader of the Opposition of vitriolic rhetoric and hostility toward constitutional institutions, while defending the Budget and the government's economic record-citing bank recoveries, support for MSMEs and criticisms of the Opposition's trade and economic positions-and opposition and regional MPs demanded unpaid fiscal transfers and targeted employment measures.
February 11, 2026
Show AI Summary
Bisleri's Bottles for Change promotes circular economy through recycled products, collection banks, and educational outreach.
The Bottles for Change initiative demonstrated circular economy measures by converting post-consumer plastic into functional products, installing 17 recycled-plastic benches and 25 collection banks, and exhibiting recycled goods. It distributed educational materials on responsible plastic use and waste segregation developed with environmental and publishing partners, and emphasised awareness, infrastructure, stakeholder collaboration, and policy alignment to scale recycling and build a sustainable plastic ecosystem.
February 11, 2026
Show AI Summary
Merck Foundation expands scholarships and awards to advance women in STEM and girls' education across Africa.
Merck Foundation's Scholarship Program has delivered over 2,500 specialized medical scholarships across 44 underserved specialties in 52 countries, with nearly 1,200 awarded to women medical graduates and approximately half of all scholarships going to women, as part of efforts to reduce the gender gap and strengthen women's leadership in STEM. The foundation also operates the MARS Awards to recognize African women and young researchers and the Educating Linda program providing annual scholarships and awareness initiatives for underprivileged schoolgirls across 19 countries.
February 11, 2026
Show AI Summary
Mumbai Climate Week launches a Global South hub-and-spoke climate platform focusing on food systems, energy transition and urban resilience.
Mumbai Climate Week (17-19 February 2026) employs a hub-and-spoke model to convene governments, business, philanthropy, civil society, youth and citizens around three pillars-food systems, energy transition and urban resilience-through leadership dialogues, an Exhibition Arena, spoke events, a citizen speakers' corner, and innovation challenges to surface, mentor and scale practical climate solutions from India and the Global South.
February 11, 2026
Show AI Summary
MSRTC to require NCMC cards for concession passengers, mandating Aadhaar/UDID-linked cashless cards and defined recharge rules.
Implementation of National Common Mobility Card (NCMC) as mandatory for concession passengers, with identity-linked issuance (Saral for students, Aadhaar for senior citizens and women, UDID for disabled), specific issuance channels for selected categories, set card fees, a minimum wallet balance and recharge rules, multiple recharge channels, a statewide registration drive including authorised agents and bus-stand facilities, and engagement of private implementation partners to operationalise payments and registration.
February 11, 2026
Show AI Summary
The Leela concludes fourth season of PoloInThePinkCity with a gala, exhibition win and a 7-5 tournament finale.
The Leela concluded the fourth season of #PoloInThePinkCity with a season-opening gala at the Amber Terrace and a final at the Rajasthan Polo Club; The Leela Polo Team won an exhibition 4-3, and Team Optiemus Achievers won the four-chukker final 7-5. The event featured luxury brand partnerships with BMW Excellence Club and Hibiki Whisky, underscoring the tournament's emphasis on heritage, craftsmanship and contemporary luxury hospitality.
February 11, 2026
Show AI Summary
IndoStar Capital Finance reports Q3 disbursements growth, Wage Code impact on expenses, and warrant conversions changing control stakes.
IndoStar Capital Finance, an RBI-registered middle-layered NBFC now focused on Vehicle Finance and Micro-LAP, reported Q3 results showing INR 1,117 crore disbursements, AUM of INR 7,692 crore, improved yields and lower cost of funds, PPOP growth and standalone PAT including a one-time employee expense due to the Wage Code. The company disclosed warrant conversions with allotments to Florintree and BCP V, resulting in BCP V holding 55.98% and Florintree 6.73%, alongside disclosures on asset quality, capital adequacy and operational initiatives.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs & Trade

Trump says he'll raise tariffs to 15 per cent after Supreme Court ruling

February 21, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Washington, Feb 21 (AP) President Donald Trump said Saturday that he wants a global tariff of 15 per cent, up from 10 per cent he had announced a day earlier after the US Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year.

Trump's announcement on social media was the latest sign that despite the court's check on his powers, the Republican president still intends to ratchet up tariffs in an unpredictable way. Tariffs have been his favourite tool for rewriting the rules of global commerce and applying international pressure.

The court's decision on Friday struck down tariffs that Trump had imposed on nearly every country using an emergency powers law. Trump now said he will use a different, albeit more limited, legal authority.

He's already signed an executive order enabling him to bypass Congress and impose a 10 per cent tax on imports from around the world, starting on Tuesday, the same day as his State of the Union speech. However, those tariffs are limited to 150 days unless they are extended legislatively.

The White House did not immediately respond to a message inquiring when the president would sign an updated order to peg the tariffs at 15 per cent.

He wrote on social media that he was making the announcement “based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday." By a 6-3 vote, the justices ruled that it was unconstitutional for Trump to unilaterally set and change tariffs because the power to tax lies with Congress.

In addition to the temporary tariffs that Trump wants to set at 15 per cent, the president said Friday that he was also pursuing tariffs through other sections of federal law which require an investigation by the Commerce Department.

He wrote on Saturday that “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.” After the Supreme Court decision, Trump made an unusually personal attack on the justices who ruled against him in a 6-3 vote, including two of those he appointed during his first term, Justices Neil Gorsuch and Amy Coney Barrett. Trump, at a news conference on Friday, said that the situation is "an embarrassment to their families." He was still seething Friday night, posting on social media complaining about Gorsuch, Coney Barrett and Chief Justice John Roberts, who ruled with the majority and wrote the majority opinion. On Saturday morning, Trump issued another post declaring that his “new hero” was Justice Brett Kavanaugh, who wrote a 63-page dissent. He also praised Justices Clarence Thomas and Samuel Alito, who were in the minority, and said of the three dissenting justices: "There is no doubt in anyone's mind that they want to, MAKE AMERICA GREAT AGAIN!" Tariffs have been central to Trump's economic policies, which he has said address a host of ills, from reviving trade imbalances and reviving US manufacturing to forcing other nations to action, whether it be stepping up efforts to combat drug trafficking or ceasing hostilities with each other.

He also regularly claimed despite evidence to the contrary that foreign governments would pay the tariffs—not American consumers and businesses.

Federal data shows the Treasury had collected more than USD 133 billion from the import taxes the president has imposed under the emergency powers law as of December, and Trump has made many promises about what that money might go toward, such as paying down the national debt and sending dividend checks to taxpayers. The Supreme Court decision did not address what happens to the funds that have already been collected from tariffs.

Democrats spoke out quickly on Trump's new tariff threat. Democrats on the House Ways and Means Committee accused Trump of “pickpocketing the American people” with his newly announced higher tariff.

“A little over 24 hours after his tariffs were ruled illegal, he's doing anything he can to make sure he can still jack up your costs,” they wrote on social media.

California Democratic Gov Gavin Newsom, a Trump nemesis, added that "he does not care about you.” (AP) RD RD

Topics

Acts Income Tax