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
    Loan recovery tightening: RBI proposes mandatory agent training, call recordings
    Sensex falls 558 points on sell-off in IT shares; TCS tumbles over 5 pc
    New CPI series to improve basis for formulating monetary, fiscal policies: CEA Nageswaran
    CCI imposes penalty on Intel Corp. for its India Specific Warranty Policy in respect of Boxed Microprocessors
    Samsung Galaxy F70e – Redefining Everyday Performance
    India to receive same garment duty benefits as Bangladesh under US trade pact: Goyal
    SPJIMR PGPDM Batch 27: Building leaders for the development sector
    ICAR–IIMR and Gourmet Popcornica Collaboration Paves the Way for an Aatmanirbhar Popcorn Maize Ecosystem
    Revised Kisan Credit Card (KCC) Scheme
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls on MedTech Startups to Go Global, Leverage Trade Pacts Covering 70% of World GDP
    Rupee rises 17 paise to close at 90.61 against US dollar
    Kiteskraft unveils their latest publication, The Power List to announce the mentors and change-makers that are shaping progress in India
    Gold Price Outlook 2026: What Rising Gold Prices Mean for Gold Loan Borrowers
    Green Pulse Update: MSMEs Accelerate Environmental Action and Strengthen Implementation Momentum
    IRS (Retd.) Deepak Pandit Nominated as Representative of Indian Cricketer’s Association to MCA Governing Council
    Will not hear plea against fugitive tag if Vijay Mallya does not return to India, warns HC
    Commerce and Industry Minister Piyush Goyal urges Export Promotion Councils and Industry bodies to utilize FTAs to gain greater presence in world mark...
    Secretary, DFS Chairs Meeting to Prepare Roadmap for Financial Inclusion 2.0
    National Statistical Systems Training Academy, MoSPI to Celebrate 18th Foundation Day on 13th February 2026
❯❯
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
Loan recovery rules require agent training, call recording, respectful conduct, background checks and restrictions on contact timing.
The Reserve Bank proposes mandating recorded phone calls and civil conduct by recovery agents, prohibiting abusive language and inappropriate messaging, and banning contact at inopportune occasions. Banks must adopt internal guidelines, protect customer information held by agents, require completion of formal debt recovery training, and conduct pre engagement and periodic background verifications of agent representatives. Banks must exercise utmost caution before involving agents in matters that are subjudice and ensure recovery agencies comply with verification, training, and conduct standards.
February 12, 2026
Show AI Summary
Sensex falls amid IT sell-off and AI concerns; TCS drops below Rs10 lakh crore market capitalisation.
Benchmark indices fell on heavy selling in IT stocks as AI-related disruption fears and diminished expectations of a near-term Fed rate cut following strong US jobs data drove volatility; TCS tumbled over 5%, pushing its market capitalisation below the Rs 10 lakh crore mark, while foreign institutional investor inflows in February provided limited offsetting support.
February 12, 2026
Show AI Summary
New CPI series recalibrates weights and expands services and digital coverage to improve inflation measurement for policy use.
The National Statistics Office released a redesigned Consumer Price Index with base 2024=100 that recalibrates item weights using the Household Consumption Expenditure Survey 2023-24, expands coverage of goods, services and digital channels, reduces the food and beverages weight, and aims to provide more accurate inflation signals to aid monetary policy calibration and stabilize CPI-linked fiscal items.
February 12, 2026
Show AI Summary
Intel's India-specific warranty policy deemed abusive of dominance; fined INR 27.38 crore and ordered to publicise withdrawal.
CCI held Intel dominant in the boxed desktop microprocessor market and found its India-specific warranty policy discriminatory and limiting of parallel imports, causing an appreciable adverse effect on competition under Section 4. The Commission imposed a reduced penalty of INR 27.38 crores after considering mitigation including policy withdrawal and directed Intel to publicise the withdrawal and submit a compliance report.
February 12, 2026
Show AI Summary
Samsung Galaxy F70e 5G available with Bajaj Finserv Easy EMIs offering flexible tenures and zero down payment.
Samsung launched the Galaxy F70e 5G and promotes purchase via Bajaj Finserv Easy EMIs offering quick approvals, customised payment terms, zero down payment on select models, and flexible tenures (3-60 months). Bajaj Finance Limited is identified as a deposit taking NBFC registered with the Reserve Bank of India and classified as an NBFC Investment and Credit Company that engages in lending and acceptance of deposits, with a diversified lending portfolio and published credit ratings.
February 12, 2026
Show AI Summary
India garment duty access: apparel made with US yarn or cotton to qualify for duty concessions under an interim trade pact.
India will receive apparel duty concessions under an interim India US trade agreement when garments meet yarn forward or cotton forward rules of origin by procuring yarn and/or cotton from the US, mirroring benefits extended to Bangladesh; the arrangement, contingent on signing the legal agreement by mid March, includes no quotas on raw material imports and aims to preserve protections for most Indian agricultural products.
February 12, 2026
Show AI Summary
Nationwide strike contests labour codes and protest limits; courts question RERA functioning and expressive boundaries.
Trade unions held a nationwide strike opposing labour codes and the proposed Industrial Relations Code, alleging it favours employers and curtails protest rights. The Supreme Court criticised state RERA bodies for facilitating defaulting builders and urged reconsideration of their constitution and enforcement. The government approved a government to government purchase of 114 combat aircraft, while a defence contractor proposed co development of an aero engine with full intellectual property transfer, raising procurement and IP compliance issues.
February 12, 2026
Show AI Summary
SPJIMR launches PGPDM Batch 27 to build development sector leaders with diverse, practice focused training and RBI emphasis on intermediaries.
SPJIMR launched Batch 27 of its PGPDM, a 37 member, gender balanced cohort emphasizing practice oriented learning and capacity building for development sector leadership. The programme highlights the importance of capable intermediaries to bridge government, business and society-critical to MSME promotion and entrepreneurial support-and is positioned as the only Indian development management programme with triple international accreditation.
February 12, 2026
Show AI Summary
Popcorn maize collaboration boosts domestic production via hybrid agreements, contract farming, export readiness, and aatmanirbhar goals.
ICAR-IIMR and Gourmet Popcornica entered formal agreements for IIMR-bred popcorn hybrids to translate research into commercial cultivation, improving yields, kernel quality and pest resistance. Through structured contract farming, capacity building for over 17,500 farmers, mechanisation and responsible sourcing across tens of thousands of acres, the partnership reduced import dependence (domestic production now ~65% of demand) and aims to develop export readiness and an aatmanirbhar popcorn maize value chain.
February 12, 2026
Show AI Summary
Kisan Credit Card scheme revised to standardize crop seasons, extend tenures, align drawing limits, and add tech expense eligibility.
Revised Directions propose an updated Kisan Credit Card (KCC) Scheme consolidating guidelines for multiple bank types, standardizing crop seasons into short (12 months) and long (18 months) durations, extending KCC tenure to six years, aligning drawing limits with the scale of finance for each crop season, and adding specified technological and certification expenses within a 20% additional component as eligible. The draft is open for public and regulated entity comments by March 6, 2026 through prescribed online and email channels.
February 12, 2026
Show AI Summary
MedTech startups urged to go global leveraging trade pacts and 80% IP fee rebate to scale affordable exports.
MedTech startups are urged to capitalise on India's trade agreements that secure market access to about 70% of global GDP, with support including an 80% rebate on IP fees, 24x7 Startup India assistance, facilitation of delegations and mission support, regulatory progress enabling exports, expansion of NIPERs and a new NID, infrastructure plans for manufacturing clusters, and public-private grant and incubation awards to accelerate commercialization.
February 12, 2026
Show AI Summary
Rupee rises on foreign fund inflows and RBI liquidity support while equities fall amid trade-deal concerns.
The rupee appreciated to 90.61 against the US dollar as foreign fund inflows and RBI liquidity support lifted sentiment, while concerns over India-US trade fact sheet terms and sector sensitivities coincided with equity market declines and continued foreign institutional purchases.
February 12, 2026
Show AI Summary
Kiteskraft's The Power List spotlights mentors and change makers driving ethical leadership, innovation, and community impact.
Kiteskraft Productions LLP published The Power List, a compendium recognizing mentors and change makers across education, healthcare, arts, finance, and social enterprise, highlighting their leadership, ethical practices, mentorship roles, public service initiatives, professional achievements, and contributions to community empowerment; the release frames Kiteskraft as an events and recognition organiser and presents the profiles descriptively under a PRNewswire arrangement.
February 12, 2026
Show AI Summary
Gold price surge boosts borrowers' collateral value; lenders advise leveraging higher LTV for debt consolidation.
Rising gold prices have increased the collateral value of pledged jewellery, raising the absolute loan amount available within the RBI Loan-to-Value cap. Borrowers may leverage higher valuations for liquidity needs such as debt consolidation or business expansion. Lenders should ensure transparent, real-time appraisal processes and borrowers are advised to use RBI-regulated lenders and bank-grade custody standards to secure peak market valuation and potentially access improved credit terms and lower long-term borrowing costs.
February 12, 2026
Show AI Summary
MSMEs sustainability adoption rises: willingness and implementation increase despite awareness dip, but funding and technical gaps persist.
The SPeX Q3 2025 shows an overall score of 62 driven down by falling awareness while willingness and implementation rose-especially recycling and sustainable packaging-with 54% of MSMEs now classed as integrators. Implementation improved 18% QoQ led by medium and 10-25 year firms, but funding, technical expertise and limited sustainability budgets remain key constraints. SIDBI and Dun & Bradstreet stress targeted finance, policy and capacity support to scale MSME green transitions. The index tracks Awareness, Willingness and Implementation across a 0-100 scale based on a survey of MSMEs in 22 states.
February 12, 2026
Show AI Summary
Deepak Pandit nominated as ICA representative to MCA Governing Council to liaise on player welfare and contracts.
Deepak Pandit has been nominated as the Representative of the Indian Cricketers' Association to the Mumbai Cricket Association Governing Council, tasked with acting as the primary liaison between players and the MCA, participating in policy formulation affecting contracts, playing conditions, welfare schemes and grievance redressal, and promoting transparency, accountability and the ICA's constitutional and ethical framework within MCA governance.
February 12, 2026
Show AI Summary
Vijay Mallya must state whether he will return before his challenge to the fugitive economic offender tag is heard.
The admissibility of a challenge to the Fugitive Economic Offender designation and the constitutional validity of the FEO Act is made contingent on a petitioner's clear affidavit stating whether he will return to the jurisdiction; the court treated this return requirement as essential to prevent abuse of process while extradition and enforcement actions, including property attachment under money laundering and loan default proceedings, are pending.
February 12, 2026
Show AI Summary
Free Trade Agreements encourage exporters to expand markets; tariff rollback and Export Promotion Mission boost export competitiveness.
FTAs are presented as the primary tool to expand exporters' access to developed markets, with industry urged to improve quality and competitiveness to use preferential access. The recent elimination of an additional 25% US tariff is identified as restoring competitive market access for priority sectors. The Export Promotion Mission provides operational support through Interest Subvention for export credit, Collateral Guarantee for MSME export credit and targeted market access measures, with further trade finance, logistics, compliance and branding interventions to be phased in.
February 12, 2026
Show AI Summary
Financial inclusion roadmap to expand banking access, formal credit, insurance and pensions, and boost digital payments nationwide.
A national roadmap, Financial Inclusion 2.0, will expand banking access, augment village banking infrastructure, extend formal credit to women and vulnerable groups, and achieve insurance and pension coverage for all by 2047, while promoting digital financial products and transactions and strengthening financial/digital literacy and fraud awareness.
February 12, 2026
Show AI Summary
NSSTA celebrates 18th Foundation Day focused on reimagining capacity building for official statistics, AI readiness, and data harmonization.
NSSTA will celebrate its 18th Foundation Day on 13 February 2026 under the theme Reimagining Capacity Building for Official Statistics to achieve Viksit Bharat@2047, emphasizing institutional capacity building, AI/ML and big data adoption, data harmonization for AI readiness, and training for Central, State/UT and international participants to strengthen evidence-based governance.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Making India’s IP Approval System Among Top Five Globally in Speed, Transparency and Efficiency

March 10, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Shri Piyush Goyal Calls for Collective Efforts to Foster Innovation Culture; Highlights 50,000 New Innovation Labs in Schools

India Registers 215% Growth in Patent Filings in a Decade; GII Ranking Improves from 81 to 38: Shri Piyush Goyal

Government Recruiting Personnel to Accelerate IP Approvals; Shri Goyal Stresses Transparency and Integrity

Union Minister of Commerce and Industry Shri Piyush Goyal today called for making India’s Intellectual Property (IP) approval system among the top five in the world in terms of speed, transparency and efficiency, while emphasising the need to strengthen the country’s innovation ecosystem and encourage wider participation from innovators, startups, MSMEs, women and youth.

Addressing the National IP Awards & IP Conference in New Delhi today, Shri Goyal said that faster and more efficient disposal of applications related to trademarks, patents, copyrights, designs and Geographical Indications (GI) would help promote a strong culture of innovation and enable innovators to bring their ideas to market more quickly.

Congratulating the award winners for their outstanding achievements, the Minister said the awards recognise the valuable contributions of scientists, innovators, technocrats, MSMEs, entrepreneurs, agricultural institutes and IITs who are playing a key role in shaping India’s innovation-driven growth. He said the awardees represent the spirit of New India—an India that embraces technology and seeks to remain at the cutting edge of global innovation.

Shri Goyal said that recognising such achievements sends a powerful message to the wider IP ecosystem to take up similar challenges and develop path-breaking ideas. He expressed confidence that the awards will encourage the winners to achieve even greater success in the future while inspiring others to aspire for similar recognition.

The Minister stressed the importance of nurturing curiosity, inquisitiveness and the spirit of inquiry among children from a young age. Encouraging young minds to explore new ideas and think beyond conventional boundaries, he said, is essential for building a culture of innovation.

Referring to the government’s initiative to establish 50,000 new innovation labs in schools, announced in the Union Budget, Shri Goyal said these initiatives are aimed at fostering creativity, experimentation and problem-solving among students.

He urged professionals, innovators and industry stakeholders to contribute to this effort by engaging with their schools and colleges as alumni, interacting with students through webinars or video conferences, and encouraging them to understand the value of innovation, entrepreneurship and problem-solving.

Referring to the recently celebrated International Women’s Day, the Minister highlighted the importance of integrating women more deeply into the innovation and IP ecosystem. He said that more women are entering the research field with science and technology as their focal areas, and emphasised that the participation of youth and women is critical in ensuring technological advancement and improving quality of life for citizens.

The Minister said India’s talent pool, strong skill base and large number of STEM graduates produced every year will significantly contribute to making the country’s innovation and intellectual property ecosystem among the best in the world.

Shri Goyal appreciated the efforts of the Controller General of Patents, Designs and Trade Marks (CGPDTM) for relentlessly working to bring global best practices to India’s IP ecosystem and aligning it with international standards, including learnings from developed economies and the World Intellectual Property Organization (WIPO). He noted that the office began its journey with several challenges including shortage of staff, outdated technology and a large backlog of applications, but significant efforts have been made to clear much of the backlog.

He said that while certain challenges still remain in some areas, the government is recruiting new talent, strengthening capacity and enhancing skills to deal with pending cases and improve efficiency.

Highlighting some of the award-winning institutions, Shri Goyal praised IIT Madras for its path-breaking work and its startup incubation hub, which he described as truly phenomenal. Recalling his visit to the facility, he said the incubation ecosystem created there could serve as a model for upgrading other incubation centres across the country, especially in Tier-2 and Tier-3 cities and remote regions including areas such as Sikkim and northern parts of India.

The Minister also noted the growing role of women in licensing of new designs and encouraged innovators to register new designs and traditional products under the Geographical Indications (GI) registry. Given India’s vast diversity and rich heritage, he said there is significant potential to increase GI registrations across the country.

Quoting Prime Minister Narendra Modi, Shri Goyal said that the rise in patent applications in India reflects the growing innovative zeal of the country’s youth, which is a very positive sign for the future. He said this growing enthusiasm among innovators is sending a strong message globally that India is emerging as a major centre of innovation and technology development.

Highlighting India’s progress in innovation indicators, Shri Goyal noted that the country has improved its position in the Global Innovation Index (GII) from 81st in 2015 to 38th currently. He also pointed out that patent filings in India have grown by nearly 215 percent in the last decade, with India’s global ranking improving from 14th to 6th.

Shri Goyal emphasised that innovation opportunities exist in everyday life and that identifying and solving such challenges requires an open mind and creative thinking.

Recalling the evolution of the national slogan “Jai Jawan, Jai Kisan”, later expanded by former Prime Minister Atal Bihari Vajpayee with “Jai Vigyan”, the Minister noted that Prime Minister Narendra Modi further added “Jai Anusandhan”, highlighting the central role of innovation and research in India’s development journey.

He said India enjoys several demographic advantages including a young population with an average age of under 30 years, a balanced gender ratio and increasing participation of women in the formal workforce across sectors.

Highlighting the remarkable rise in women-led innovation, Shri Goyal said patent filings by women have increased by 345 times over the past 12 years, demonstrating a transformational change in the innovation landscape.

The Minister said India is witnessing an IP revolution with tremendous opportunities for innovators. Echoing the Prime Minister’s vision, he emphasised that the path forward lies in “Innovate, Patent, Produce and Prosper.”

Reiterating the government’s commitment to supporting startups, women entrepreneurs and micro and small enterprises, Shri Goyal said the government has already reduced IP-related fees by about 50 to 80 percent. He suggested that an 80 percent fee reduction be extended for women entrepreneurs, startup innovators and micro and small enterprises for filings in order to make the system more affordable and accessible.

He also proposed exploring fast-track mechanisms to support these applicants and encourage greater participation in the IP ecosystem.

Speaking about India’s global economic engagement, Shri Goyal said the vision of Atmanirbhar Bharat (self-reliant India) does not mean closing doors to the world but strengthening international partnerships.

He noted that India has signed nine Free Trade Agreements (FTAs) in the last three and a half years, covering 38 prosperous and largely developed countries, giving India preferential market access to nearly two-thirds of global trade.

He urged innovators and entrepreneurs to take advantage of these opportunities by developing new products, services and export markets.

Shri Goyal assured stakeholders that the government is recruiting a large number of personnel to accelerate IP approvals and reiterated his goal of making India’s IP system among the top five globally in terms of clearance speed.

He emphasised that the system must remain transparent, fair and efficient, and encouraged stakeholders to raise concerns directly with the Chief Controller or the concerned department if they face any difficulties. He also urged citizens to report any irregular practices in government processes, assuring that the government is committed to maintaining high integrity and seamless interaction between innovators and government institutions.

Shri Goyal concluded with expressing confidence that the collective efforts of innovators, institutions and the government will help transform ideas into impactful creations and accelerate India’s journey towards becoming a developed and prosperous nation.

Topics

Acts Income Tax