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
    Recovery of MahaRERA dues to be intensified, minister Desai informs assembly
    SC frowns upon technical members outsourcing writing of verdicts, says tribunals have become liability
    5 Common AC Buying Mistakes to Avoid This Summer (2026 Guide)
    CBI files fresh case against Anil Ambani, Reliance Communications over Rs 2,220 crore bank 'fraud'
    Get Low-interest Personal Loans with Flexible Terms from Bajaj Finance
    RBI clears SBI Mutual Fund’s proposal to acquire up to 9.99 pc stake in Bandhan Bank
    Central Board of Indirect Taxes and Customs (CBIC) and Permanent Mission of India organise Special Trade Facilitation Sessions at World Trade Organisa...
    Goyal meets US Comm Secretary Lutnick, discusses trade
    Realtime Biometrics Launches Aadhaar-Enabled face recognition & fingerprint Biometric Attendance System T502F Mini
    LTM to Modernize India's Tax Analytics Platform Leveraging NVIDIA AI Technology
    Central Board of Indirect Taxes and Customs (CBIC) to host National Symposium on Customs Reforms and International Customs Day 2026 with the theme of ...
    Union Minister of Commerce and Industry Piyush Goyal Highlights Youth Power, AI and Global Trade While Giving Away the EY Entrepreneur Of The Year Awa...
    Jharkhand HC rejects petition of ex-minister Kamlesh Singh’s relatives in ED case
    Anil Ambani appears before ED in money laundering case
    Entire 11,790 MHz telecom spectrum available for auction valued at Rs 2.1 lakh cr: Sources
    India sustains 7-7.5 pc growth; Bengal should position itself as maritime state: Sanyal
    Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers
    ED attaches Rs 598-cr worth of assets in case against Ansal Properties
    ED attaches Anil Ambani's 'Abode' worth Rs 3,716 crore in PMLA case
    Rajasthan Cabinet approves Revenue Intelligence and Economic Offences Directorate, industrial park policy
❯❯
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 26, 2026
Show AI Summary
Recovery of real estate regulatory dues intensified, with stricter property-tracing and revenue recovery measures to enforce orders.
The government will intensify recovery of unpaid dues under the Real Estate Regulatory framework by directing district collectors to expedite recoveries, identify and attach defaulting developers' properties across districts, and trace assets using land records, stamp and registration data, property tax rolls, company registrations, vehicle registration records and, where necessary, tax authority assistance; recovery will be pursued through statutory revenue-recovery mechanisms and overseen via periodic reviews by senior administrators.
February 26, 2026
Show AI Summary
Tribunal accountability undermined as technical members outsource judgments, prompting urgent tenure and vacancy reforms and oversight action.
Tribunal functioning and accountability are the central concerns: tribunals have become a "no-man's land" lacking accountability and producing questionable orders. Structural defects in the appointment and tenure regime allow technical members to assume chairpersonship and, in some instances, outsource drafting of judgments. The court directed the executive to expedite vacancy-filling mechanisms and granted interim tenure extensions for chairpersons while urging reforms to appointment, training, and accountability processes.
February 26, 2026
Show AI Summary
Consumer financing enables AC purchases on Easy EMI, improving affordability but requires checking eligibility and costs.
Guidance advises matching AC capacity and inverter technology to room conditions to avoid high bills and uneven cooling, factoring installation and maintenance costs into total ownership, and prioritising warranty, spare parts, and after sales support. Easy EMI financing options with online eligibility checks, Insta EMI card facilitation, zero down payment offers, and variable promotional terms are available, but buyers must verify precise loan limits, service availability, and partner store conditions before purchase.
February 26, 2026
Show AI Summary
Bank fraud allegations prompt fresh probe into diversion of loan funds and related money laundering inquiries.
A central investigative agency registered a fresh criminal case alleging that the promoter and his telecom group diverted and misutilised sanctioned loan funds, created fictitious related party transactions, manipulated accounts, and layered funds to conceal true flows, leading to the account's NPA classification; the bank's complaint and forensic findings allege systematic diversion through group entities and liquidation of investments to effect payments inconsistent with sanction terms.
February 26, 2026
Show AI Summary
Unsecured personal loans: flexible repayment and competitive rates available, subject to credit score, income, and eligibility.
Bajaj Finance markets unsecured personal loans with competitive, credit based interest pricing, flexible repayment tenures chosen to manage EMI burden, minimal documentation, online application and expedited disbursal. Loan amounts cover a range of consumer needs and eligibility is determined by nationality, age limits, employment status and a minimum credit score, with rates and approval conditioned on income, employment type, credit profile and repayment capacity. The lender is a deposit taking institution registered with the Reserve Bank and classified as an NBFC D and NBFC ICC.
February 26, 2026
Show AI Summary
Regulatory approval for stake acquisition with holding cap and time bound conditions, and prior approval required for increases.
RBI approved SBI Mutual Fund's acquisition of up to 9.99 per cent of Bandhan Bank's paid-up share capital or voting rights, subject to compliance with the Banking Regulation Act, 1949, RBI Directions 2025, FEMA, and SEBI regulations. The approval expires if the specified major shareholding is not acquired within one year, the aggregate holding must not exceed the approved cap at any time, and any increase to or beyond 5 per cent after falling below that level requires prior RBI approval.
February 26, 2026
Show AI Summary
Trade facilitation advances India's digital customs reforms and TFA Plus measures, enhancing MSME integration into global value chains.
India has implemented comprehensive trade facilitation reforms to fulfil and extend WTO Trade Facilitation Agreement commitments by advancing TFA Plus measures under the National Trade Facilitation Action Plan 3.0. Core elements include a Single Window Interface, Customs Automated System, Risk Management System, pre-arrival processing, electronic exchange of origin data, electronic cargo tracking and coordinated border management. Capacity building through recognised institutions and partnerships supports other countries' implementation, while measures such as advance rulings, an Authorised Economic Operator programme and trust-based processes aim to reduce compliance burdens for MSMEs and facilitate e commerce exports.
February 26, 2026
Show AI Summary
Bilateral trade agreement negotiations progress amid recent U.S. tariff policy adjustments affecting tariff treatment and transitional arrangements.
Senior-level discussions between India's commerce minister and U.S. commerce officials focused on advancing the legal text for the first phase of a bilateral trade agreement and expanding economic partnership. The talks were contextualized by a recent U.S. tariff policy adjustment-imposition of a uniform temporary tariff-which was noted as relevant to negotiations on tariff treatment, transitional arrangements, and safeguards in the prospective agreement.
February 26, 2026
Show AI Summary
Aadhaar-enabled attendance strengthens identity-verified workforce accountability through certified biometric terminals and streamlined government procurement.
Aadhaar-enabled biometric attendance systems address attendance verification failures by replacing manual registers with identity-verified entries. The T502F Mini, listed on the Government e Marketplace for streamlined procurement, offers multi-modal biometric authentication (face recognition and fingerprint), real-time data sync, STQC-certified fingerprint sensor, SafetyNet compliance, and multiple connectivity options to operate across diverse network environments, supporting government mandates for Aadhaar-integrated attendance and enhancing tamper-resistant accountability in public sector and related institutional settings.
February 26, 2026
Show AI Summary
Tax analytics modernization enables AI-driven tax administration, integrating secure cloud and citizen-facing portals to improve compliance and governance.
The program will deploy a secure cloud environment powered by NVIDIA AI infrastructure with LTM's BlueVerse as the intelligence backbone to consolidate analytics, simplify workloads, and deliver real-time insights. The integrated platform supports a smart citizen portal, automated campaign management, enhanced case workflows, and AI-driven helpdesk assistance to improve governance, reduce leakages, and strengthen taxpayer compliance and service experience.
February 26, 2026
Show AI Summary
Trust-based customs processes drive digital governance and trade facilitation with new SWIFT rollout and procedural reforms.
CBIC is convening a National Symposium and International Customs Day to advance trust-based customs processes, digital governance and trade facilitation through presentations, stakeholder consultations and the launch of digital infrastructure, including a new single-window platform, the Customs Integrated System, a Digital Travellers Guide and a revamped traveller app. The programme also highlights courier, fisheries and baggage/personal import reforms, publication releases and the recognition of officers with Certificates of Merit, stressing procedural simplification, transparency and partnership with trade.
February 26, 2026
Show AI Summary
Free Trade Agreements expand market access and call for global engagement to bolster resilient diversified supply chains.
India emphasises that Artificial Intelligence will transform jobs and increase demand for higher value skills in cybersecurity, data protection and system governance. The government highlights concluded Free Trade Agreements covering 38 nations that provide preferential market access and support integration into global value chains. Aatmanirbhar Bharat is presented as resilient, diversified supply chain building through global engagement, with calls to leverage FTAs to benefit MSMEs, farmers, exporters and fisheries and to enhance talent mobility for deeper global integration.
February 26, 2026
Show AI Summary
Money laundering allegations in relatives' petition before High Court over Enforcement Directorate's tracing of rotated funds.
Challenge to an Enforcement Directorate complaint alleging relatives of an accused engaged in laundering by rotating funds through four accounts and reverting them to the principal accused; petitioners sought quashing of the complaint claiming false implication due to kinship, while the ED relied on transaction mapping and the identified money trail as the operative factual matrix implicating the accused and his spouse.
February 26, 2026
Show AI Summary
Money laundering probe prompts PMLA questioning and property attachment as part of consolidated bank fraud investigations.
Enforcement Directorate officials recorded a statement under the Prevention of Money Laundering Act from a corporate promoter as part of ongoing probes into alleged bank loan fraud by a group company; the ED formed a Special Investigation Team to consolidate multiple fraud allegations and has used attachment powers and filed multiple money laundering cases against the group to investigate linked financial irregularities.
February 25, 2026
Show AI Summary
Spectrum auction policy: regulator recommends full-band auction with a uniform spectrum cap and lower entry thresholds.
Trai recommends auctioning the entire 11,790 MHz available across nine frequency bands under specified modalities including reserve price, band plan, block size and bid conditions; the portfolio is valued at about Rs 2.1 lakh crore at reserve price and base prices are generally lower than 2022. Trai also proposes a uniform 35 per cent spectrum cap, reduced net worth entry criteria to encourage new entrants, and immediate reclamation of spectrum held by providers undergoing insolvency for inclusion in the upcoming auction.
February 25, 2026
Show AI Summary
Maritime infrastructure expansion urged to drive regional growth and port led industrialisation, enhancing multimodal logistics competitiveness.
India's sustained sequential growth with macroeconomic stability depends on removing systemic inefficiencies rather than demand management; reforms like the Insolvency and Bankruptcy Code and infrastructure upgrades have cleaned bad assets. West Bengal should reposition as a maritime state by considering a large port and pursuing port led industrialisation, shipbuilding promotion and multimodal integration of road, rail, ports and air cargo to unlock regional economic opportunities.
February 25, 2026
Show AI Summary
Insurance affordability: rein in acquisition and management costs to expand coverage, curb mis-selling and boost product access through design.
High distribution and administrative expenses sustain a low-penetration, high-cost insurance model; insurers must reduce customer acquisition costs and expenses of management, reassess product and channel value, and adopt digital distribution and customer-centric design to improve affordability and margins. The regulator expanded the Use and File procedure to enable quicker product launches within regulatory norms. Mis-selling undermines trust and must be prevented by correct sales practices. Universal, meaningful coverage by 2047 is framed as the penetration objective, founded on affordability, accessibility and awareness.
February 25, 2026
Show AI Summary
Money laundering asset attachment under PMLA leads to provisional seizure of land tied to alleged fraudulent land transfers.
Provisional attachment under the Prevention of Money Laundering Act was ordered against land held by associate companies and nominees of a real estate firm amid allegations that those entities served as land holding vehicles while funding, control and beneficial ownership vested with the company; the probe alleges irregular collaboration agreements and GPAs, weakened landowner bargaining after acquisition notifications, transfers to private colonizers at depressed rates, wrongful gains to the company and detriment to landholders.
February 25, 2026
Show AI Summary
PMLA attachment of a residential asset restricts transfer during investigation, pending adjudicating authority confirmation and possible confiscation.
A provisional attachment under the Prevention of Money Laundering Act has been issued against the Reliance Group residential property 'Abode' to prevent its transfer during an investigation into alleged bank loan fraud linked to Reliance Communications; the agency alleges the property was aggregated into a private family trust to disguise involvement and shield assets from liabilities arising from personal guarantees, and the attachment remains subject to confirmation by the PMLA Adjudicating Authority within 180 days, after which confiscation and vacation orders may follow.
February 25, 2026
Show AI Summary
Revenue Intelligence and Economic Offences Directorate expands remit to investigate economic crimes and tax evasion.
The government replaces the State Revenue Intelligence Directorate with a Revenue Intelligence and Economic Offences Directorate empowered to investigate real estate fraud, banking and insurance financial crimes, NBFC and securities offences, multi-level marketing scams, fake insolvency cases, fraudulent recruitment and admission documents, illegal encroachments, stamp and registration irregularities, shell companies and cooperative scams, and to integrate inputs from tax and other revenue departments to check revenue leakages and curb tax evasion.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs & Trade

Person loses Scheduled Caste status on converting from Hinduism, Sikhism, Buddhism: SC

March 24, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Mar 24 (PTI) In a significant decision, the Supreme Court on Tuesday held that a Scheduled Caste community person converting to a religion other than Hinduism, Sikhism or Buddhism loses the SC status from the moment of conversion regardless of birth.

A bench of Justices Prashant Kumar Mishra and Manmohan, which upheld an order of the Andhra Pradesh High Court, said that a person belonging to a Scheduled Caste community loses his Scheduled Caste status "immediately and completely" upon conversion to Christianity.

The bench said under Clause (1) of Article 342 of the Constitution, the President of India promulgated the Constitution (Scheduled Tribes) Order of 1950, identifying the tribes and tribal communities recognised as "Scheduled Tribes" for different states and Union Territories (UTs).

It said a person can claim benefits under the Constitution (Scheduled Tribes) Order, 1950 only if he/ she continues to belong to that particular tribe in substance and if, due to conversion or long-term abandonment of tribal customs, his/ her tribal identity is in doubt, that question becomes a factual matter to be determined at trial.

"No person who professes a religion other than Hindu, Sikh or Buddhist shall be deemed to be a member of a Scheduled Caste. This bar under Clause 3 of the Constitution (Scheduled Castes) Order, 1950 is categorical and absolute. Conversion to any religion not specified in Clause 3 results in immediate and complete loss of Scheduled Caste status from the moment of conversion regardless of birth," it said.

The top court said once a person belonging to a Scheduled Tribe converts to another religion, ultimately through the passage of time, the customs, rituals and other traits of that particular tribe may fall into eclipse.

"If so, in such circumstance, it is proved that the person in question has completely renounced himself from the customs, rituals and other traits of his tribe, and has assimilated into the converted religion following the practices and customs of that particular religion, a reasonable inference can be drawn that such a person shall not be considered a part of the tribe," it said.

The top court said when a person ceases to be a member of a Scheduled Caste by virtue of Order of 1950, the loss of such status carries with it the "automatic and immediate termination" of all eligibility for statutory benefits, protections, reservations, preferences and entitlements that are predicated upon or flow from such membership.

The bench noted the legislative history of Clause 3 of the Constitution (Scheduled Castes) Order, 1950 and said that originally it restricted Scheduled Caste status to persons professing the Hindu religion.

It said the order of 1950 was subsequently amended in the year 1956 to include persons professing the Sikh religion and later, in the year 1990, the provision was further extended to include persons professing the Buddhist religion.

"It is important to note that Christianity has not been included under this Order by any of these amendments," the top court said, adding that Christianity, by its very theological foundation, does not recognise or incorporate the institution of caste.

Analysing the Order of 1950, the bench said the claimant of a Scheduled Caste or Scheduled Tribe status must demonstrably belong to a caste or tribe which is specifically notified and recognised under Clause 2 of the Constitution (Scheduled Castes) Order, 1950 and Constitution (Scheduled Tribes) Order, 1950, and such status must be established by clear, cogent and unimpeachable evidence.

It said, "A person cannot simultaneously profess and practice a religion other than the ones specified in Clause 3 of Constitution (Scheduled Castes) Order, 1950 and claim membership of a Scheduled Caste at the same time." Justice Mishra, who penned the verdict on behalf of the bench, said a person who professes and practices such religion for personal, social and spiritual purposes cannot, in law, assert membership of a Scheduled Caste for the purpose of securing statutory benefits.

The bench, however, said in cases where a person claims to have reconverted back to Hindu, Sikh or Buddhist religion, then he has to fulfil three conditions – there must be a clear proof that the person originally belonged to a caste notified under the Order of 1950, there must be credible and unimpeachable evidence of bona fide reconversion to the original religion and there must be credible evidence establishing acceptance and assimilation by the members of the original caste and the concerned community.

"Mere self-proclamation is insufficient i.e., the community must recognise and accept the person as one of their own," it said.

The high court on April 30, 2025, held that once an individual converts to Christianity and actively professes and practices the faith, he cannot be regarded as a member of the Scheduled Caste community.

It had quashed charges filed by a complainant, Chinthada Anand, who had converted to Christianity and become a pastor but invoked the SC/ST Act in a criminal case.

The pastor filed a criminal case in 2021 against one Akkala Rami Reddy and others alleging that they assaulted him while he was performing pastoral duties and conducting Sunday prayers in a village in the state.

Aggrieved by the order, the man, a pastor, moved the apex court challenging the high court decision. PTI MNL MNL KSS KSS

Topics

Acts Income Tax