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
❯❯
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
March 28, 2026
Show AI Summary
Pass-through income reporting through Form 73 enables securitisation trust investors to classify income correctly for tax returns.
Form 73 is the investor-wise statement furnished by a Securitisation Trust under the pass-through income framework. It is auto-generated from Form 72 and records income paid, credited or deemed to be credited during the tax year so that investors can report the income under the correct heads in their return. The form is not separately filed with the department; it is downloaded, verified and furnished to each investor by the trust. It includes trust particulars, investor details, head-wise income breakup, verification by the authorised person, and the date of payment or credit.
March 28, 2026
Show AI Summary
Securitisation trust income reporting through Form 73 enables investor disclosure, income classification, and pass-through compliance.
Form 73 is the prescribed statement of income distributed by a securitisation trust to each investor under section 221. It is not filed separately, but generated as a child form from the parent Form 72 by the person responsible to pay on behalf of the securitisation trust, and then furnished to each investor. The form is auto-generated through the e-filing portal from the data filed in Form 72, with no separate documents required and no offline filing facility.
March 28, 2026
Show AI Summary
Pass-through taxation for securitisation trusts drives Form 72 reporting, investor statements, and income classification compliance.
Form 72 is the annual consolidated statement required from every securitisation trust for reporting income paid or credited to investors under section 221 of the Income Tax Act, 2025, and is filed electronically under rule 145. The form captures trust particulars, registration details, total income by head, investor-wise income distribution, authorised-person verification, and accountant certification. It is due by 15 June of the financial year following the tax year, and supports the pass-through taxation mechanism by enabling Form 73 statements to be auto-generated for investors after filing.
March 28, 2026
Show AI Summary
Foreign tax credit compliance through Form No. 45 requires electronic intimation after dispute settlement and supporting undertakings.
Form No. 45 is a new electronic intimation form for a resident assessee to report settlement of a dispute relating to foreign tax for which credit was not earlier claimed, where foreign tax credit is now intended to be claimed. Filing is mandatory in the specified circumstances, must be made through the Income-tax e-filing portal, and is due within six months from the end of the month in which the dispute is finally settled after Form No. 44 has been filed. The form requires supporting evidence, undertakings, and accountant verification in cases where Form No. 44 required such verification.
March 28, 2026
Show AI Summary
Foreign tax credit intimation form streamlines settlement-based claims for previously unclaimed credit under the filing rules.
Form No. 45 provides a structured electronic intimation for settlement of dispute regarding foreign tax for which credit was not claimed. It applies to a resident assessee with foreign income who seeks foreign tax credit after the dispute is finally settled, where Form No. 44 had already been filed for the relevant tax year. The form must be filed within six months from the end of the month in which the dispute is finally settled, with supporting documents, and must be verified by an accountant where Form No. 44 required accountant verification.
March 28, 2026
Show AI Summary
Securitization trust income reporting through Form 72, with online filing, prescribed records, and pass-through taxation compliance.
Form 72 is the statement of income paid or credited by a securitization trust to its investors. It must be furnished to the Income-tax Department online by the person responsible for paying or crediting income on behalf of the trust, by 15 June of the financial year following the tax year in which the income was paid or credited. Filing requires the trust's books, audited financial statements, income details from securitised assets, investor particulars, distribution records, and the applicable registration certificate.
March 28, 2026
Show AI Summary
Audit report compliance for offshore banking unit investment divisions governs exemption and concessional taxation claims under income tax rules.
Form 71 is the mandatory audit report for a registered investment division of an offshore banking unit where a specified fund seeks exemption under section 11 read with Schedule VI or concessional taxation under section 210(3) of the ITA 2025. It certifies fulfilment of the prescribed eligibility conditions, including separate books, audit by an accountant, relevant documentation, and filing by the specified date. The form is filed electronically with supporting records and, when validly furnished, supports the claim to exemption or concessional rates.
March 28, 2026
Show AI Summary
Tax exemption compliance for specified funds depends on timely electronic filing of Form 71 and accountant verification.
Form 71 is the prescribed audit report for verification by an accountant in respect of the computation of exempt income of a specified fund attributable to the investment division of an offshore banking unit. It is linked to the claim of exemption or taxation at concessional rates for eligible income, and its filing is one of the conditions for admissibility of that claim. The form must be filed electronically on the income-tax e-filing portal and verified by the accountant either through digital signature or electronic verification code. It cannot be filed offline, and once validly submitted and acknowledged it cannot be edited.
March 28, 2026
Show AI Summary
Specified fund compliance for Form 70 governs exempt income reporting and concessional taxation claims for offshore banking units.
Form 70 is the prescribed e-form for a specified fund to furnish the annual statement of exempt income attributable to the investment division of an offshore banking unit under section 11 read with Schedule VI, together with income taxable at concessional rates under section 210(3) of the ITA 2025. Filing is mandatory for a specified fund seeking exemption or concessional taxation and must be made electronically on the e-filing portal by the due date, with supporting documents, verification by the Trustee or Principal Officer, and the audit report in Form 71 certifying separate accounts and audit of the eligible investment division.
March 28, 2026
Show AI Summary
Exempt income reporting through Form 70 requires electronic filing, verification, and timely compliance for specified fund benefits.
Form 70 is the annual statement for a specified fund to report exempt income and income taxable at concessional rates in relation to the investment division of an offshore banking unit. It must be verified by the Principal Officer or Managing Trustee and filed electronically on the Income-tax e-filing portal within the prescribed due date. Filing a valid form is a mandatory condition for claiming exemption or concessional taxation, and the form cannot be filed offline or edited after valid submission. A valid PAN of the fund and the verifier is required, along with prescribed supporting documents and mandatory attachments.
March 28, 2026
Show AI Summary
Concessional taxation for specified funds depends on timely filing of Form 69 with income and unit-holder details.
Form 69 is the prescribed annual statement for a specified fund to report income attributable to units held by non-residents, other than a permanent establishment in India, for concessional taxation. The form is a mandatory compliance requirement and must be filed electronically on or before the due date, with trustee or principal officer verification. It includes fund particulars, registration details, and computations of income from securities and capital gains, supported by constituting documents, registration certificate, financial statements, securities statements, and unit-holder residency details.
March 28, 2026
Show AI Summary
Concessional taxation for specified funds requires electronic Form 69 filing, verification, and timely supporting disclosures.
Form 69 is the prescribed electronic statement for a specified fund claiming concessional taxation on income attributable to units held by a non-resident, other than a permanent establishment in India. A valid filing within the prescribed due date is a mandatory condition for the concessional rate benefit. The form must be verified by the Principal Officer or Managing Trustee, supported by the prescribed annexures and documents, and cannot be edited after submission and acknowledgment.
March 28, 2026
Show AI Summary
Exempt income reporting under Form 68 streamlined for specified funds with electronic filing and updated verification requirements.
Form 68 is the annual statement prescribed for specified funds seeking exemption under Section 11 read with Schedule VI of ITA 2025 in respect of income attributable to units held by a non-resident, other than a permanent establishment in India. It is filed electronically by the Principal Officer on or before the return due date, and captures particulars of the fund, income, exempt income, unit-holder details, and the working of income attributable to non-resident holders. The guidance note also describes the supporting documents and the simplified filing updates, including IFSCA registration, mandatory document upload, and verification in place of declaration.
March 28, 2026
Show AI Summary
Exempt income statement filing for specified funds requires verified online submission within the prescribed due date.
Form 68 is the prescribed electronic statement for claiming exemption of income of specified funds under section 11 read with Schedule VI [Table: Sl. Nos. 1 to 4] of the Income-tax Act, 2025, in respect of income attributable to units held by a non-resident other than a permanent establishment of such non-resident in India. The form must be verified by the Principal Officer or Managing Trustee, filed only through the Income-tax e-filing portal, and furnished on or before the applicable due date. Valid filing requires mandatory PAN details, specified annexures, and satisfaction of the statutory eligibility conditions.
March 28, 2026
Show AI Summary
Alternate Minimum Tax reporting gets a structured Form 67 update with CA certification, itemised computation, and digital filing.
Form 67 is a chartered accountant's report for certifying book profit, adjusted total income and Alternate Minimum Tax liability under the updated section 206 framework. It applies to non-corporate taxpayers subject to the AMT regime, is furnished annually with the return of income, and must be digitally signed. The revised form introduces itemised computation fields, category-based AMT rates, and system-enabled validation through the e-filing process.
March 28, 2026
Show AI Summary
Alternate Minimum Tax compliance through Form 67 requires CA certification, electronic filing, and timely submission with the return.
Form 67 is prescribed for furnishing details relating to the computation of Adjusted Total Income and Alternate Minimum Tax (AMT) under section 206(2) of the Income-tax Act, 2025. It applies to persons other than companies, subject to stated exceptions, and is not required for certain specified taxpayers where adjusted total income does not exceed twenty lakh rupees. The form is used to determine AMT on adjusted total income, with tax payable at the higher of the regular tax or AMT, and it incorporates adjustments such as depreciation and other specified items.
March 28, 2026
Show AI Summary
Minimum Alternate Tax reporting through Form 66 demands Chartered Accountant certification, digital filing, and return-linked book profit verification.
Companies liable to Minimum Alternate Tax must furnish Form 66, a Chartered Accountant-certified report on book profit and MAT computation, annually with the income tax return. The form is digitally signed, accepted by the company through the e-filing portal, and linked to the return for processing. It contains company particulars, profit adjustments, transition amount, final MAT computation, auditor certification, and supporting financial and tax documents.
March 27, 2026
Show AI Summary
Access to unrelied ED documents denied at pre-cognisance stage in an ongoing money-laundering investigation.
Access to documents seized by the Enforcement Directorate but not relied upon in the chargesheet was refused at the pre-cognisance stage in an ongoing Prevention of Money Laundering Act matter. The court held that the accused had already been supplied with the prosecution complaint and relied-upon documents, and that disclosure of unrelied material was not required before cognisance when the investigation remained pending.
March 27, 2026
Show AI Summary
Trade agreement framework balances market access with farmer safeguards, calibrated tariff concessions, and export opportunities across key sectors.
India and the United States have agreed on a framework for an interim trade agreement intended to expand reciprocal and mutually beneficial trade while protecting domestic sensitivities, particularly in agriculture and dairy. The framework contemplates improved market access, rules of origin, action on non-tariff barriers, and cooperation on standards, digital trade, economic security, technology, supply chain resilience, energy and manufacturing. Limited and calibrated tariff concessions have been offered on select agricultural products through quota-based mechanisms, phased concessions and partial duty reductions, with the quotas kept within existing import levels to avoid adverse impact on domestic farmers.
March 27, 2026
Show AI Summary
Rupee weakness deepens as higher crude prices, dollar strength and foreign selling weigh on currency and reserves.
The rupee weakened sharply to a historic low against the US dollar amid sustained pressure from higher crude oil prices, a stronger greenback, foreign investor selling, and energy-led inflation concerns. India's foreign exchange reserves also declined during the reporting week, driven by a fall in gold reserves. The government indicated plans to mobilise substantial borrowing through dated securities in the April-September period, while noting a reduction in gross market borrowing after G-Sec switches.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Corp. Laws, SEBI & IBC

Over 1 Lakh Startups have at Least One-Woman Director/Partner Among 2.12 Lakh Recognised by DPIIT

March 17, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Government Strengthens Startup Ecosystem with Multi-Stage Funding and Support Schemes

Startup India initiative was launched on 16th January 2016, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging investments in the startup ecosystem of the country.

As on 31st January 2026, a total of 2,12,283 entities have been recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT). Of the total entities recognised as startups, 1,02,054 entities have at least one-woman director/partner.

As on 31st January 2026, a total of 2,12,283 entities have been recognised as startups by DPIIT. The data with respect to status of entities (active, dissolved, struck-off, etc.) is maintained by the Ministry of Corporate Affairs (MCA) on a cumulative basis. As per the MCA, 6,789 recognised startups are categorized as closed (i.e., dissolved/struck-off). Of the total number of entities which are categorized as closed (i.e., dissolved/struck-off), 2,950 have at least one-woman director/partner.

Under the Startup India initiative, the Government is implementing flagship Schemes such as Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) to support startups across categories at various stages of their business cycle.

FFS has been established to catalyse venture capital investments and is operationalized by Small Industries Development Bank of India (SIDBI), which provides capital to Securities and Exchange Board of India (SEBI)-registered Alternative Investment Funds (AIFs) which in turn invest in startups. As on 31st January 2026, supported AIFs under the Scheme have invested around Rs. 25,859 crore in selected startups. Further, from 2020 onwards, around Rs. 2,995 crore have been invested in women-led startups by AIFs under the Scheme, as on 31st January 2026.

SISFS provides financial assistance to seed stage startups through incubators. SISFS is implemented from 1st April 2021. As on 31st January 2026, selected incubators under the Scheme have approved funding of around Rs. 592 crore to selected startups, of which funds of around Rs. 294 crore have been approved to women-led startups.

CGSS is implemented for enabling debt funding to startups through eligible financial institutions. CGSS is operationalized by the National Credit Guarantee Trustee Company (NCGTC) Limited and has been operationalized from 1st  April 2023. As on 31st January 2026, loans amounting to around Rs 925 crore have been guaranteed to startup borrowers, of which loans amounting to around Rs 39 crore have been guaranteed to women-led startups.

The total number of startups selected and the total number of startups that are categorized as closed (i.e., dissolved/struck-off) as per the MCA, under the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) are as follows:

Scheme

No.  of startups selected for

support under the Scheme as on 31st January 2026

No.  of startups supported which are categorized as closed (i.e., dissolved/struck-off) as per the MCA.

FFS

1,382

17

SISFS

3,311

26

CGSS

281

1

This information was given by Union Minister of State for Commerce and Industry Shri Jitin Prasada in Lok Sabha today.

***

ANNEXURE-I

The State/UT-wise and year-wise number of entities recognized as startups that have at least one-woman director/partner, as on 31st January 2026, are as under:

State/UT

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Andaman and Nicobar Islands

1

1

4

2

5

4

3

10

8

2

Andhra Pradesh

37

85

92

102

137

173

294

313

670

59

Arunachal Pradesh

-

-

-

-

4

5

8

5

16

-

Assam

8

28

30

53

83

122

168

170

216

24

Bihar

23

53

59

114

183

257

384

417

600

63

Chandigarh

8

10

21

27

38

36

64

49

57

4

Chhattisgarh

18

55

69

54

82

91

148

218

230

25

Dadra and Nagar Haveli and Daman and Diu

1

 

1

3

4

7

6

12

12

1

Delhi

240

568

671

834

1197

1283

1607

1471

1911

166

Goa

13

24

22

27

41

49

40

64

86

5

Gujarat

108

217

313

365

800

944

1431

1568

1845

184

Haryana

98

233

360

375

532

674

893

888

1250

116

Himachal Pradesh

1

6

14

12

23

56

65

74

83

12

Jammu and Kashmir

2

14

12

23

40

71

82

111

150

20

Jharkhand

16

35

37

85

89

108

172

151

207

22

Karnataka

298

536

807

757

1065

1242

1500

1629

2219

196

Kerala

49

112

267

249

398

431

534

506

736

81

Ladakh

-

-

-

1

-

1

3

2

1

-

Lakshadweep

-

-

-

1

-

-

-

-

-

-

Madhya Pradesh

32

123

150

173

264

421

622

616

846

121

Maharashtra

388

839

1110

1305

1937

2412

2913

3043

4043

386

Manipur

3

1

1

5

21

13

7

22

42

4

Meghalaya

-

1

5

-

5

5

6

11

12

-

Mizoram

-

-

-

1

1

3

6

6

6

-

Nagaland

1

1

1

3

4

3

13

21

15

-

Odisha

40

80

90

126

196

230

329

296

409

40

Puducherry

2

7

6

3

7

11

21

13

28

5

Punjab

9

35

54

72

125

147

226

219

268

31

Rajasthan

53

114

192

205

301

458

691

657

906

87

Sikkim

-

-

-

1

-

2

1

-

3

-

Tamil Nadu

105

221

318

378

591

922

1333

1341

1674

159

Telangana

134

232

306

390

520

723

919

933

1619

146

Tripura

-

1

4

10

4

13

8

20

17

4

Uttar Pradesh

174

364

449

662

1065

1303

1788

1842

2525

301

Uttarakhand

11

27

57

53

77

121

125

131

204

16

West Bengal

72

142

158

199

360

527

622

585

804

83

Total

1945

4165

5680

6670

10199

12868

17032

17414

23718

2363

ANNEXURE-II

The State/UT-wise details of the total number of entities which are categorized as closed (i.e., dissolved/struck-off) as per the MCA with at least one woman director/partner are as follows:

State/UT

No. of entities which are categorized as closed (i.e., dissolved/struck-off) with at least one woman director/partner

Andhra Pradesh

48

Assam

25

Bihar

36

Chandigarh

12

Chhattisgarh

28

Delhi

324

Goa

14

Gujarat

156

Haryana

133

Himachal Pradesh

7

Jammu and Kashmir

16

Jharkhand

24

Karnataka

384

Kerala

97

Madhya Pradesh

81

Maharashtra

586

Manipur

4

Meghalaya

1

Mizoram

1

Nagaland

2

Odisha

49

Puducherry

6

Punjab

29

Rajasthan

95

Tamil Nadu

173

Telangana

176

Tripura

5

Uttar Pradesh

303

Uttarakhand

19

West Bengal

116

Total

2950

ANNEXURE-III

The year-wise details of funds invested in startups by AIFs supported under the FFS, as on 31st January 2026, are as under:

Year

Amount invested by selected AIFs in startups (in Rs. crore)

Amount invested by selected AIFs in women-led startups (in Rs. crore)*

2017

343.52

-

2018

676.84

-

2019

1623.56

-

2020

2066.89

333.96

2021

3491.10

576.14

2022

5973.40

430.72

2023

3292.10

57.24

2024

3809.20

616.82

2025

4271.60

914.47

2026

311.40

65.79

*Note: Data on investment in women-led startups is available from 2020.

ANNEXURE-IV

The year-wise details of funds approved to startups by incubators selected under the SISFS, as on 31st January 2026, are as under:

Year

Amount approved to startups by selected incubators (in Rs. crore)

Amount approved to women-led startups by selected incubators (in Rs. crore)

2021

27.59

14.05

2022

111.78

53.74

2023

175.98

87.43

2024

165.83

84.22

2025

110.04

54.52

2026

0.9

0.79

ANNEXURE-V

The year-wise details of loans guaranteed to startups under the CGSS, as on 31st January 2026, are as under:

Year

Amount of loans guaranteed to startups (in Rs. crore)

Amount of loans guaranteed to women-led startups (in Rs. crore)

2023

220.78

13.6

2024

381.08

13.44

2025

206.32

10.18

2026

117.72

2

 

Topics

Acts Income Tax