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
    'Not haircut but mundan': Cong on NCLT clearing Subhash Chandra's Rs 6.5 crore payout
    Keralam: Escaped Assam prisoner reaches police station for Aadhaar card, flees again
    Women's Savings Account: Features that make opening one worth it
    Best Pension Plans and Annuity Plans in India 2026: A Full Comparison
    Rupee rises 4 paise to 95.40 against US dollar in early trade
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada Concludes Official Visit to Morocco; Co-Chairs...
    Hyderabad police caution citizens against ''Hybrid Cyber Fraud''
    Hoping to work towards further expanding scope of India-Japan trade pact: Goyal
    Bajaj Finance Personal Loan Offers Limited-Time Rewards During Loan Utsav 2026
    Commerce and Industry Minister Shri Piyush Goyal Highlights India’s Growing Startup Ecosystem at India–Japan Startup Roundtable in Tokyo
    Sugar prices rise again by Re 1 per kg to Rs 65 in retail market
    SIDBI organizes a conclave of the Heads of Regional Rural Banks (RRBs) on expanding SIDBI-RRB MSME Co-Lending arrangement
    SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23
    HC flags fraudulent use of Aadhaar by infiltrators to get Indian citizenship; calls for action
    IVCA Welcomes Consultative Approach on Draft FEMA NDI Rules
    India to be among top 5 Nestle markets in coming years, a major export hub : Global CEO
    Build Credit Awareness with a Free Credit Score Check from Bajaj Finance
    CARD91 Introduces Five-Point Credit Lifecycle Consistency Framework for Credit Line on UPI
    RBI's Proposed Shift from Revolving Credit to Term Loans: SwiffyLabs Lending Platform Already Supports the New Construct
❯❯
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
August 27, 2026
Show AI Summary
Personal insolvency repayment plans may be approved despite minimal creditor recovery when requisite voting support and comparative valuation support them.
Personal insolvency repayment plan approval was granted under the Insolvency and Bankruptcy Code, 2016, despite objections that creditor recoveries were negligible and the proposed payment uncertain. The plan received 80.81 per cent voting support, while dissenting creditors held less than 20 per cent voting share. Valuation showed that the debtor's personal estate was materially below the offered amount, and rejection could result in bankruptcy and lower recovery. Assessment of settlement adequacy was treated as a matter of creditor commercial wisdom.
August 27, 2026
Show AI Summary
Prison escape security lapses prompt coordinated tracing measures, transport monitoring, inter-state alerts, and a detailed custodial-security inquiry.
Prison escape and custodial-security lapses arose after a detainee escaped from Aluva Sub Jail, allegedly by using an under-construction structure within the premises to cross the compound wall. Following his later appearance at a police station seeking return of his Aadhaar card, search measures included a lookout circular, information sharing with police stations, railway-security coordination, and alerting police in Assam. A detailed inquiry has been initiated into the prison-security deficiencies enabling the escape.
August 27, 2026
Show AI Summary
Women's savings account selection depends on practical benefits, charges, eligibility, and banking needs rather than the account label.
Women's Savings Accounts may provide standard banking facilities together with additional services or benefits for eligible women. Their suitability depends on practical use of digital banking, transfers, payments, alerts, debit-card facilities, accessibility, security features, charges, and minimum-balance conditions. Since regular Savings Accounts may offer comparable facilities, the additional benefits should be assessed against associated costs and conditions. Selection should be based on comparison of eligibility, facilities, balance requirements, benefits, customer support, and authentication safeguards rather than the account's women-focused label alone.
August 27, 2026
Show AI Summary
Retirement annuity selection prioritises payout structure, taxation, insurer strength and flexibility over brand comparison for informed retirement decisions.
Retirement planning may combine market-linked accumulation during working years, deferred annuities that lock future guaranteed income, and immediate annuities that convert retirement savings into regular payments. Annuity choice depends on whether the priority is higher income, continuation for a surviving spouse, or return of capital on death. Product comparison should consider market-linked growth versus income certainty, taxation of annuity income at applicable slab rates, insurer strength, and flexibility in deferment, payout frequency and policy loans.
August 27, 2026
Show AI Summary
Foreign exchange inflows through deposit and borrowing measures provided near-term rupee support amid lower crude prices.
Reserve Bank special measures relating to FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings were identified as attracting foreign-exchange inflows and providing near-term support to the rupee. The Reserve Bank became a net dollar buyer in June after two months of sales to support the rupee. The FCNR(B) window remained open until August 31, while the market outlook anticipated broader rupee depreciation over subsequent weeks.
August 27, 2026
Show AI Summary
Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
Show AI Summary
Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
Show AI Summary
CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
Show AI Summary
Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
Show AI Summary
Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
Show AI Summary
Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.
August 26, 2026
Show AI Summary
Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
Show AI Summary
MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
Show AI Summary
Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
Show AI Summary
Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
Show AI Summary
Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
Show AI Summary
India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
Show AI Summary
Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
Show AI Summary
Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
Show AI Summary
Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

Focus on rural growth, Haryana budget proposes 'Agri Discom'; 20 pc reservation for Agniveers in state police

March 2, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Chandigarh, Mar 2 (PTI) Haryana Chief Minister Nayab Singh Saini on Monday presented the budget for 2026-27 with an outlay of Rs 2.23 lakh crore, with several initiatives including a new electricity distribution company for the agriculture sector, a Rs 100 crore green climate resilience fund and 20 per cent reservation for Agniveers in the state police force.

A slew of announcements have also been made in the budget for women.

Saini also announced setting up of 'Adarsh Pariksha Kendra' on a public-private partnership model, Anti-Terrorist Squad (ATS) under IG rank police officer, 'Wedding City' each in Gurugram, Kharkhoda and Pinjore on the concept of 'Wed in India', a modern film city at Pinjore, besides stating that Rajiv Gandhi Sports Complex, Daulatabad, will be upgraded to the state's first 'Para Sports Stadium'.

Sporting a saffron turban, Saini said 5,000 suggestions were received from various quarters, and these have been incorporated in the budget, which he described as "people's budget".

Haryana remains committed to serving as an uninterrupted and tireless engine of development in the journey towards fulfilment of Prime Minister Narendra Modi's vision of 'Viksit Bharat' @ 2047, he said.

"Therefore, we have set an ambitious goal of transforming Haryana into a one trillion-dollar economy by the year 2047," Saini said.

This will be for the first time in the state's history that 98 per cent of the total budget has been spent, Saini said referring to the current fiscal. Describing the state budget as the "non-stop government's" 12th budget, Saini said his government has fulfilled 60 out of 217 promises made in his party's poll manifesto.

Reacting to the budget, Leader of Opposition and Congress leader Bhupinder Singh Hooda said, "This is not a budget, just rhetoric, containing no reality." Sharing details of the budget proposals, the chief minister announced a capital expenditure of Rs 28,205 crore for 2026-27, which is 12.6 per cent of the total allocation.

Saini presented a tax-free budget, which envisages an outlay of Rs 2,23,658.17 crore for the year 2026-27, which is 10.28 per cent higher than the revised estimates of Rs 2,02,816.66 crore for the year 2025-26.

The state debt is projected at Rs 3.91 lakh crore in 2026-27 against Rs 3.51 lakh crore in 2025-26 (revised estimates). Salary and pension expenditure is estimated at Rs 52,419 crore in 2026-27 as against Rs 47,549 crore in 2025-26 (revised estimates).

Inspired by the spirit of sacrifice that emerged from the successful celebrations of "Veer Bal Diwas" last December, Saini said and proposed a "Veer Bal Memorial Initiative Scheme" at a cost of Rs 6 crore.

In case of accidental death of a student, Rs 5 lakh will be given to the family, and in case of disability, Rs 3 lakh will be given, Saini said.

In this budget, the fiscal deficit is estimated at Rs 40,293.17 crore, which is 2.65 per cent of GDP. The revenue deficit is 0.87 per cent, the effective revenue deficit is 0.41 per cent, capital expenditure stands at 1.86 per cent, and effective capital expenditure at 2.32 per cent, said Saini, who also holds the finance portfolio.

Haryana's per capita income in 2025-26 is estimated at Rs 3,95,618. This represents a 2.7-fold increase in the state's per capita income over the last 11 years, he said.

In his over three-hour-long budget address, Saini announced a 20 per cent reservation in recruitment to various posts in Haryana Police for 'Agniveers' returning after service in the Indian Army.

"To strengthen the state's disaster preparedness, I propose the formation of the Haryana State Disaster Response Force comprising 1,149 personnel. Maximum participation of Agniveers will be ensured in it," he said.

Saini also informed the House that the government of India has recently strengthened MGNREGA by launching it as the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VBG RAM G).

“ I have made a provision of Rs 610 crore for 125 days of wage-based employment guarantee annually to every rural family in Haryana,” he said.

Among new proposals, the budget proposed setting up a 'Haryana Agri Discom' - a third power distribution company aimed to ensure faster release of connections and reliable and uninterrupted electricity supply for farmers.

"This will serve all 5,084 agricultural feeders and 7.12 lakh agricultural consumers across Haryana. This initiative will ensure uninterrupted power supply to every farm and significantly accelerate services, from providing new tubewell connections to replacement of faulty transformers," he said.

This initiative will prove to be a milestone in enhancing farmers' income, he noted.

Saini proposed that, from the upcoming fiscal year, discussion of six new works will be made mandatory in every Gram Sabha meeting. These works will cover village drinking water supply, wastewater management, review of drug addiction in the village; among other things.

He also announced introducing major overhaul for primary agricultural credit societies (PACS) and said a target has been set to bring at least 300 loss making PACS into profit in 2026-27.

Under the state's flagship Deen Dayal Lado Lakshmi Yojana, in which eligible women aged 23 years and above get a monthly assistance of Rs 2,100, Saini proposed that on the occasion of Deen Dayal Upadhyaya's 110th birth anniversary in September, the state government will will increase the eligibility annual income limit under this scheme to Rs 1.80 lakh (from Rs 1 lakh).

"Therefore, this time, I have proposed Rs 6,500 crore for this scheme," he said announcing increased outlay for the scheme, which was Rs 5,000 crore in FY 2025-26.

The chief minister also proposed the setting up of the 'Haryana Green Climate Resilience Fund' with an initial provision of Rs 100 crore which is in line with the goal of net-zero emissions by 2070.

This fund will accelerate investments in zero-emission vehicles, renewable energy, energy efficiency, water conservation, urban greening, climate-resilient agriculture, and nature-based solutions across the state.

By upgrading Rajiv Gandhi Sports Complex, Daulatabad, the state's first para sports stadium, equipped with international-level facilities, will be established, where sports infrastructure suited to their special needs will be made available for training, Saini said.

In collaboration with the Department of Future and Higher Education, an Autonomous AI and Digital College will be started.

Saini also proposed setting up 'Adarsh Pariksha Kendra' in every assembly constituency under a public-private partnership (PPP) model.

On the agriculture front, Saini proposed to provide an additional bonus of Rs 2,000 per acre to such farmers who choose to cultivate pulses, oilseeds, and cotton in place of paddy.

He also said biomass power projects based on paddy straw, with capacities ranging from 9.9 MW to 25 MW and totalling 200 MW, will be established in 13 districts.

Under the Mukhyamantri Bagwani Bima Yojana, Saini proposed to increase compensation for fruit crop damage due to natural disasters from Rs 40,000 per acre to Rs 50,000 per acre, and for vegetables and spices from Rs 30,000 per acre to Rs 40,000 per acre.

In another new initiative, Saini proposed to set up one 'Wedding City' each at Gurugram and Kharkhoda by HSIIDC, and at Pinjore by the tourism department, advancing Prime Minister Narendra Modi's vision of "Wed in India." These will function on the concept of 'Sagaai se Vidaai', thereby promoting "Vocal for Local" and generating numerous new employment opportunities, he said.

To accelerate the pace of making women 'Lakhpati Didi', a Pink Cab scheme will be launched under which women will be given driving training and provided interest-free loans up to Rs 10 lakh for the purchase of electric vehicles.

A rebate of 1 per cent in motor vehicle tax will be provided for non-transport vehicles registered in the name of women.

A daily yoga break will be introduced for employees in all industrial units in the state.

On the police front, Saini announced that to effectively deal with and prevent terrorist activities, a Anti Terrorist Squad (ATS) will be constituted under an officer of the rank of Inspector General of Police.

Twenty-one new sports stadiums will be constructed in Kaithal, Jhajjar, Charkhi Dadri, Gurugram, Kurukshetra, Jind, Rohtak, Faridabad, Yamunanagar, Sonipat, Fatehabad, and Palwal, he said. PTI SUN CHS VSD MR

Topics

Acts Income Tax