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
    Adani wins US court hearing in push to throw out SEC fraud suit
    RBI holds rates, awaits clarity on Iran war's impact on economy
    Highlights of RBI's April monetary policy
    RBI projects FY27 retail Inflation at 4.6 pc, within government-mandated target
    Deutsche Bank and Akshaya Patra Launch Pune Kitchen to Tackle Classroom Hunger
    RBI projects India's FY27 GDP growth to moderate to 6.9 pc
    RBI keeps policy rate unchanged amid inflationary pressure
    Pradhan Mantri Mudra Yojana (PMMY) — completes 11 Years of empowering Small and Micro Entrepreneurs
    CCI approves acquisition of certain equity shares by Coastal Cedar Investments B.V. in Fleur Hotels and internal restructuring of Lemon Tree Hotels gr...
    CCI approves acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd.
    CCI directs 17 Opposite Parties to cease and desist from anti-competitive practices in relation to tenders invited by Assam Police Housing Corporation...
    CCI approves acquisition by Citrus Investment LLC (Citrus) of additional shareholding of 0.4% in Hitachi Construction Machinery Co., Ltd. (HCM) and (i...
    CCI approves proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Ltd. by ...
    CCI approves acquisition of equity shares amounting to 14.286% of Aditya Birla Housing Finance Ltd. by Indriya Ltd.
    Rupee surges 50 paise to 92.56 against USD in early trade after US, Iran agree to 2-week ceasefire
    Adani seeks dismissal of SEC case, cites extraterritorial overreach, lack of jurisdiction
    AERA announces 25 pc cut in flight landing, parking charges across major airports for 3 months
    Rupee falls 16 paise to close at 93.06 against US dollar
    Delhi Court grants bail to 'conman' Sukesh Chandrasekhar in ED case
    TN polls: AIADMK's Leema Rose richest candidate
❯❯
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
April 8, 2026
Show AI Summary
Personal jurisdiction and extraterritorial reach challenged in SEC fraud action over Indian bond offering and alleged misstatements.
Personal jurisdiction and extraterritorial reach were challenged in a US SEC fraud action arising from an Indian solar-energy bond offering. The defendants argued that the securities were sold outside the United States under Rule 144A and Regulation S, the issuer and alleged conduct were Indian, and the complaint failed to plead a domestic transaction, minimum contacts, or an actionable US nexus. They also denied credible evidence of bribery, asserted no investor losses, and contended that the relied-upon statements were non-actionable corporate puffery.
April 8, 2026
Show AI Summary
Monetary policy stance held steady as the RBI weighs energy shocks, inflation risks and growth uncertainty from geopolitical tensions.
The Reserve Bank of India retained the benchmark repurchase rate and the neutral monetary policy stance, adopting a wait-and-watch approach in view of heightened geopolitical uncertainty arising from the West Asia conflict. The central bank assessed the possible effects of disrupted energy supplies, higher crude prices, rupee weakness, supply-chain disruptions and freight-cost pressures on inflation, growth and the current account, while noting that inflation remained within the target band for the time being. It also indicated that the economy faced a supply shock and that the full impact of the conflict would become clearer over the coming months.
April 8, 2026
Show AI Summary
Monetary policy remains neutral as the repo rate stays unchanged, with growth and inflation projections set for FY27.
The Reserve Bank's first bi-monthly monetary policy for fiscal 2026-27 kept the repo rate unchanged at 5.25 per cent and retained a neutral monetary policy stance. It projected GDP growth at 6.9 per cent for FY27 and inflation at 4.6 per cent, while noting that the West Asia crisis and elevated energy and commodity prices may weigh on domestic economic activity and production. The Reserve Bank said it would remain proactive in ensuring sufficient liquidity in the banking system.
April 8, 2026
Show AI Summary
Retail inflation outlook remains within target as the repo rate stays unchanged amid supply and price pressures.
Retail inflation is projected at 4.6 per cent for the current financial year, within the government-mandated target range. Quarterly CPI-based inflation is estimated at 4 per cent in the first quarter, 4.4 per cent in the second, 5.2 per cent in the third and 4.7 per cent in the fourth, while headline inflation remains contained and below target. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent amid geopolitical uncertainty, energy price pressures, weather-related food risks and supply chain dislocations.
April 8, 2026
Show AI Summary
School meal partnership expands nutritious mid-day meals through a centralised kitchen, improving classroom attendance and child nutrition.
Deutsche Bank, under its CSR programme in India, partnered with The Akshaya Patra Foundation to inaugurate a centralised kitchen in Pune for the PM POSHAN initiative. The facility is designed to provide hot, nutritious mid-day meals to 25,000 children in 29 government and government-aided schools, supporting classroom attendance, nutrition outcomes, and access to education. The kitchen operates as a food-safe and hygiene-compliant unit with electric meal-delivery vehicles, reflecting environmental sustainability alongside social impact.
April 8, 2026
Show AI Summary
GDP growth projection moderates as supply chain disruption, commodity prices and global volatility weigh on domestic outlook.
India's real GDP growth for 2026-27 is projected at 6.9 per cent, with quarterly estimates of 6.8 per cent in Q1, 6.7 per cent in Q2, 7.0 per cent in Q3 and 7.2 per cent in Q4. The projection reflects elevated commodity and energy prices, supply chain disruptions, and higher freight and insurance costs, while domestic demand is supported by services activity, GST rationalisation, manufacturing capacity utilisation, and healthy financial sector and corporate balance sheets.
April 8, 2026
Show AI Summary
Repo rate unchanged as inflation pressures and currency movements keep monetary policy in a cautious stance.
Monetary policy retains the repo rate unchanged at 5.25 per cent with a neutral stance amid inflationary and external market pressures. The decision follows concerns arising from disrupted energy supplies, higher crude prices, and import-linked inflation, while headline retail inflation had moved closer to the medium-term target. The inflation framework also reflects a fresh government mandate requiring the central bank to maintain retail inflation at 4 per cent within a tolerance band of 2 per cent on either side for the next five years ending March 2031.
April 8, 2026
Show AI Summary
Financial inclusion through PMMY expands collateral-free credit for small entrepreneurs across banks, NBFCs and MFIs.
Pradhan Mantri Mudra Yojana (PMMY) extends collateral-free institutional credit to small and micro entrepreneurs for non-corporate, non-farm income-generating activities, with the objective of funding the unfunded and broadening financial inclusion. The scheme operates through banks, NBFCs and MFIs, and is structured into Shishu, Kishor, Tarun and TarunPlus categories according to the borrower's credit needs. Loan support covers term finance and working capital across manufacturing, trading, service activities and allied agricultural activities, while interest rates are governed by RBI guidelines and repayment terms are flexible.
April 8, 2026
Show AI Summary
Competition Commission approval for hospitality sector acquisition and group restructuring through amalgamation and demerger.
Competition Commission approval was granted for the acquisition of certain equity shares in Fleur Hotels Limited by Coastal Cedar Investments B.V. and the internal restructuring of the Lemon Tree Hotels Limited group through amalgamation and demerger. The transaction concerns a hospitality sector structure in which Fleur Hotels Limited is a subsidiary of Lemon Tree Hotels Limited and owns and leases hotels directly and through subsidiaries, while several wholly owned subsidiaries of Lemon Tree Hotels Limited are involved in the restructuring.
April 8, 2026
Show AI Summary
Infrastructure investment trust acquisition of KNR SPVs approved for highway project SPVs under the Hybrid Annuity Model.
The Competition Commission of India approved the proposed acquisition of 100% equity shareholding in KNR SPVs by Indus Infra Trust from KNR Constructions Ltd. The transaction is structured through the trust's investment manager and concerns four special purpose vehicle companies incorporated for infrastructure development projects. Indus Infra Trust is a SEBI-registered infrastructure investment trust governed by the SEBI (Infrastructure Investment Trusts) Regulations, 2014, while the target SPVs operate highway projects under concession agreements on a Hybrid Annuity Model.
April 8, 2026
Show AI Summary
Bid rigging in public tenders led to cease-and-desist directions for anti-competitive conduct and proprietor liability.
The Competition Commission of India directed seventeen opposite parties to cease and desist from anti-competitive conduct in tenders for internal and external electrification works in police station buildings across Assam. The proceedings concerned alleged bid rigging by bid rotation and cover bidding, supported by identical mistakes in bids, identical IP addresses, call detail record details, and consecutive demand draft numbers, and the Commission acted under Section 27 for contravention of Section 3(3)(d) read with Section 3(1), with proprietors also held liable under Section 48.
April 8, 2026
Show AI Summary
Acquisition of sole control and minor shareholding increase in a joint venture were approved under competition law scrutiny.
Acquisition of an additional 0.4% shareholding in Hitachi Construction Machinery Co., Ltd. through market purchases, together with acquisition of sole control over the 50:50 joint venture HCJI Holdings K. K. through a share buyback, was approved by the Competition Commission of India. Citrus Investment LLC is an investment vehicle with no other business activities, while HCM manufactures construction equipment and HCJI is a holding company with no other activities.
April 8, 2026
Show AI Summary
Competition approval for Torrent Power's acquisition of Nabha Power's equity and convertible preference shares.
Competition approval was granted for the proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Limited by Torrent Power Limited from L&T Power Development Limited. The transaction was structured on a fully diluted basis and concerned a target operating a 2x700 MW supercritical thermal power plant at Rajpura, Punjab. The acquirer is a listed power company engaged in generation, transmission, distribution and cable manufacturing, and forms part of the Torrent Group.
April 8, 2026
Show AI Summary
Competition approval for minority equity acquisition in a housing finance company through preferential issue and private placement.
Approval was granted for a proposed combination involving acquisition of equity shares in a housing finance company through a preferential issue on a private placement basis. The transaction contemplates acquisition of 14.286% of the post-issue paid-up equity share capital of the target on a fully diluted basis by an investment holding company. The target is a non-deposit accepting housing finance company registered with the National Housing Bank and engaged in home loans, loans against property, construction finance loans, and lease rental discounting loans.
April 8, 2026
Show AI Summary
Rupee appreciation follows ceasefire-driven risk-on buying as markets watch central bank policy and currency stability.
The rupee appreciated in early trade after a two-week suspension of military strikes against Iran triggered risk-on buying across currencies, equities and commodities, while Brent crude and the dollar index fell. Foreign exchange conditions were also shaped by the Reserve Bank of India's deadline for squaring overnight positions and the day's monetary policy announcement, with markets expecting the rupee to remain range-bound and volatile as attention shifted to inflation, growth, global uncertainty and currency stability.
April 7, 2026
Show AI Summary
Extraterrestrial reach and personal jurisdiction challenges frame dismissal bid in offshore securities fraud proceedings.
US securities fraud proceedings concerning an offshore bond offering by an Indian renewable energy company were met with a request for dismissal on grounds of lack of personal jurisdiction and impermissible extraterritorial application of US law. The filing contends that the securities were issued outside the United States under Rule 144A and Regulation S, were not listed or traded on a US exchange, and involved an Indian issuer and conduct alleged to have occurred in India. It further asserts that the complaint does not plead a domestic transaction, sufficient minimum contacts, or that irrevocable liability was incurred in the United States.
April 7, 2026
Show AI Summary
Landing and parking charges reduced for domestic flights as AERA implements tariff relief across major airports.
AERA reduced landing and parking charges at major airports by 25 per cent, effective immediately, for all domestic flights for three months. The reduction applies to aeronautical tariff components and was implemented in response to the government's direction in view of the ongoing West Asia crisis.
April 7, 2026
Show AI Summary
Rupee volatility eases as dollar pressure, capital outflows and RBI policy caution keep the market on edge.
The rupee weakened against the US dollar amid foreign capital outflows, a firm dollar, higher crude oil prices, and geopolitical uncertainty. Market participants remained cautious ahead of the Reserve Bank's monetary policy review and the expiry of a geopolitical deadline affecting the Strait of Hormuz. The market also reflected the Reserve Bank's recent steps to curb speculative positions and limit banks' net open positions to reduce volatility in the domestic currency.
April 7, 2026
Show AI Summary
Bail in money-laundering case granted after prolonged custody crossed the statutory threshold under the bail provision.
Bail was granted in a money-laundering case arising from allegations of acting as a middleman in relation to the AIADMK's election symbol, after the court noted detention beyond half of the maximum imprisonment prescribed under the Prevention of Money Laundering Act. The court applied the near-mandatory bail provision under Section 479(1) of the Bharatiya Nagarik Suraksha Sanhita, subject to strict conditions including bonds, non-interference with witnesses, surrender of passport and travel restrictions.
April 7, 2026
Show AI Summary
Election affidavit disclosures and money laundering scrutiny mark the legal backdrop to a high-profile Tamil Nadu Assembly contest.
Election affidavit disclosures in the Tamil Nadu Assembly elections record that an AIADMK candidate for the Lalgudi constituency declared assets of about Rs 1,049.56 crore, comprising movable and immovable properties, along with business interests in real estate, gaming and hospitality. The filing also records four pending criminal cases, including Income Tax Department proceedings over transfer of tax assessments and matters under the Prevention of Money Laundering Act linked to Enforcement Directorate scrutiny of the husband's lottery business.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Delhi CM Rekha Gupta presents Rs 1.037 lakh cr budget; Rs 22,236 crore for 'green initiatives'

March 24, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Mar 24 (PTI) Delhi Chief Minister Rekha Gupta on Tuesday presented a Rs 1.037 lakh crore budget for FY27, announcing several welfare schemes, including free diagnostic tests for newborn babies, free bicycles to 1.3 lakh girl students and laptops for meritorious students, and a new semiconductor policy, besides an 'emergency operation centre' for disaster management.

Presenting the budget for the second time in the Delhi Assembly, Gupta, who also holds the finance portfolio, called it a "Green Budget", pointing out that 21 per cent of the total appropriations are allocated to environmental protection initiatives.

For the next financial year, the government has earmarked Rs 260 crore to provide a free LPG cylinder each on Holi and Diwali to ration card-holding families --- a pre-poll promise of the BJP. The chief minister announced Rs 1,352 crore for developing dust-free roads, including end-to-end recarpeting of 750 km of roads across the city.

In her 116-minute speech, the chief minister highlighted several measures taken by the BJP government in the last year.

She said that the national capital has been progressing rapidly under a triple-engine government, highlighting that the city's per capita income is the third-highest in the country.

The government has earmarked Rs 19,326 crore for the education sector -- 18 per cent share of the total budget, followed by the health sector (Rs 13,034 crore), transport (Rs 12,613 crore), urban development (Rs 11,572 crore), social welfare (Rs 10,537 crore) and water supply (Rs 9,000 crore).

The chief minister also announced a slew of measures for women and assured that 'Mahila Samriddhi Yojna', a pre-poll promise of the ruling BJP, will soon be implemented with an outlay of Rs 5,110 crore.

Under the scheme, eligible women will be given Rs 2,500 per month, the chief minister said, adding that a portal for registration will be launched soon. The government will also set up 'Rani Haat' for women to link their skills with markets.

The Delhi government will provide 1,100 electric auto-rickshaw permits to women and transgender persons under a scheme aimed at promoting self-reliance, Gupta announced.

Meanwhile, Opposition AAP MLAs boycotted the budget presentation over suspension of four party legislators, prompting Speaker Vijender Gupta to criticise their decision.

The chief minister said her government will set up an 'Emergency Operation Centre' to deal with any disaster.

The budget estimates tax revenue of Rs 74,000 crore, while an allocation of Rs 11,666 crore has been made for the Municipal Corporation of Delhi (MCD).

Pointing out the problem faced by girls in commuting to schools, Gupta announced an allocation of Rs 90 crore in the budget for gifting bicycles to 1.30 lakh Class IX girl students of Delhi government schools.

During her budget speech, the chief minister also turned poetic as she said --- "Delhi ki raho me phirse ujala chhane laga hai...mehnat ka har deep ab jagmagane lga hai...nai umeedo ke sang kadam badaye hai...har adhure sapne ko phirse hum sajaye hai".

Highlighting the benefits of the Ayushman Bharat Health scheme, she announced that it will also cover transgender individuals and announced Rs 202 crore for the scheme.

She said the government was motivated to treat healthcare as "Upchar" (treatment), not as "Upkar" (favour), and earmarked Rs 12,645 crore for various projects and initiatives.

The government will open 750 new Ayushman Arogya Mandir and has allocated Rs 1,500 crore for it.

Gupta announced a new scheme ANMOL (Advanced Newborn Monitoring and Optimal Lifecare) for 56 free diagnostic tests of newborn babies in the city.

A huge allocation of Rs 19,148 crore was made for the education sector in the budget, including Rs 475 crore for construction and extension of school buildings.

She also said the Delhi government will open a Sainik School and demanded that the Centre set up 10 Kendriya Vidyalayas in the national capital.

The chief minister announced the conversion of Delhi's entire public transport bus fleet to electric buses by 2029, allocating Rs 8,374 crore for the transport sector.

She also announced that the Delhi government will introduce a semiconductor policy and develop infrastructure to support the industry's growth in the city.

In the infrastructure sector, Rs 5,921 crore has been earmarked for the public works department (PWD), while urban development and shelter projects have been allocated Rs 7,887 crore.

"Our aim is safe roads, climate corridors and flawless connectivity," Gupta said.

The government allocated Rs 3,942 crore for the power department, she said, adding that the government is also working on shifting overhead electricity wires underground with an outlay of Rs 200 crore for this purpose.

The chief minister announced Rs 300 crore for the development of the trans-Yamuna area of the city, while the Delhi Gram Vikas Board has been allocated Rs 787 crore.

The city government will also build an integrated secretariat and residential complex for employees, the CM said in her budget speech.

Citing the Palam fire incident, Gupta said narrow lanes and congested unauthorised colonies make it difficult to douse fires, adding that Delhi's firefighting infrastructure will be strengthened with an allocation of Rs 674 crore.

To tackle water-related issues, Gupta said new water pipeline projects are underway and Rs 9,000 crore has been allocated to the Delhi Jal Board for water and sewage management. PTI VIT SSM SHB AHD VBH SGV MSJ BUN BUN MR

Topics

Acts Income Tax