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April 4, 2026
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Identity misuse in tax notices triggers fraud and forgery inquiry over alleged business run using Aadhaar and PAN details.
Identity misuse was alleged after a farmer received income tax and GST notices for dues linked to a firm allegedly operated in his name in Delhi. He said he had never travelled to Delhi or formed any business enterprise, and preliminary inquiry reportedly found that the firm used his Aadhaar and PAN details. A complaint was submitted to the district administration, which constituted a two-member team to investigate the suspected fraud and forgery involving misuse of identity documents and resulting tax demands.
April 4, 2026
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Pharmaceutical exports growth reflects strong global demand, diversified markets and compliance-led expansion despite pricing pressures.
India's pharmaceutical exports continued to expand despite global pricing pressure and trade volatility, with outbound shipments reaching over USD 28 billion up to February of the current financial year and recording growth of 5.6 per cent over the corresponding period in the previous year. Export growth was led by formulations, biologicals, vaccines and AYUSH products, while the sector's total export performance in the preceding financial year also showed strong year-on-year growth. Pharmexcil indicated that export expansion would depend on policy prioritisation, market diversification, increased foreign direct investment inflows and improved regulatory efficiency, with a medium-term export target of USD 65 billion by 2030.
April 4, 2026
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Crude import flexibility keeps India's fuel supply secure despite reports of Iranian cargo diversion.
India said there are no payment hurdles for Iranian crude imports and that refiners continue to secure oil from Iran and a wide range of global suppliers. It rejected reports of an Iranian cargo diversion as factually incorrect, stating that destination changes during transit are common in oil trade for commercial and operational reasons. The ministry said crude oil requirements remain fully secured for the coming months, and noted that an LPG vessel carrying Iranian LPG has berthed at Mangalore and is discharging cargo.
April 4, 2026
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Global export hub logistics for Lalitpur Pharma Park strengthened through port connectivity and freight corridor integration.
Uttar Pradesh State Industrial Development Authority and Jawaharlal Nehru Port Authority have entered into a memorandum of understanding to develop the proposed Lalitpur Pharma Park as a global export hub by linking the industrial cluster to international maritime trade routes. The cooperation contemplates use of the Dadri-Khurja rail link with the Western Dedicated Freight Corridor and Eastern Dedicated Freight Corridor to create a multi-modal rail network for movement of pharmaceutical goods to JNPA, supporting import of raw materials and export of finished pharmaceutical products.
April 4, 2026
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Indian pharmaceutical exports maintain growth momentum as formulations, biologicals, vaccines and Ayush products lead performance.
Indian pharmaceutical exports maintained growth momentum despite global pricing pressures and trade volatilities, with shipments reaching over USD 28 billion up to February in FY26 and registering year-on-year growth of 5.6 per cent over the corresponding period in FY25. Export performance was led by formulations, biologicals, vaccines and Ayush products.
April 4, 2026
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Payroll compliance mistakes demand accurate classification, timely deductions, and automated statutory checks to prevent audits and penalties.
Payroll compliance requires accurate employee classification, timely tax deduction, and correct statutory contribution management to avoid audits, penalties, and employee disputes. Common errors include misclassifying employees and contract workers, which can cause missed PF, ESI and TDS obligations, and incorrect or delayed TDS computation arising from failed declarations, salary changes, or tax regime switches. The compliance approach relies on onboarding checks, real-time recalculation, and automated deposit scheduling to reduce errors before they enter the payroll cycle.
April 4, 2026
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Bribery allegations against a CGST officer trigger a CBI trap, arrest, and continuing investigation into corruption claims.
Bribery allegations led to a CBI trap and arrest of an Assistant Commissioner, CGST, Ratlam, after a private person or middleman allegedly demanded money for not initiating GST proceedings against the complainant's firm. The accused was caught red-handed while accepting a bribe through the middleman, with searches continuing at the accused's premises and investigation still in progress.
April 4, 2026
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Mutual fund approval process for subscribing to eligible public issues under the Income-tax Act framework clarified.
Approval is sought by a mutual fund to subscribe to an eligible issue of public companies under Schedule XV(1)(z)(ii) of the Income-tax Act, 2025, through Form 190. The form must be filed three months before the issue of eligible capital with the prescribed details and documents, including mutual fund and management particulars, scheme details, SEBI and custodian records, audited financial statements, and approval documents relating to the public company's share issue.
April 4, 2026
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Mutual fund approval for eligible public company issues depends on timely filing of Form 190.
A mutual fund must file Form 190 to seek approval for investment in the eligible issue of public companies under Schedule XV(1)(z)(ii) of the Income-tax Act, 2025. The form corresponds to the earlier Form 59A under the Income-tax Rules, 1962, and to the corresponding rule framework under the Income-tax Rules, 2026. The application is to be filed by the mutual fund itself, together with the documents specified in the form, three months before the issue of eligible capital. Approval for subscription is granted on the basis of the particulars furnished in Form 190.
April 4, 2026
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Approval for issue of eligible capital under Schedule XV depends on Form 189 details, disclosures, and supporting documents.
Form 189 is the application for approval of issue of public companies under Schedule XV(1)(z)(i) of the Income-tax Act, 2025, and is filed by the public company three months before the issue of eligible capital. The form requires company particulars, management details, bankers and auditors, issue details, project details, and supporting documents such as incorporation certificate, audited financial statements, equity details, SEBI approval and any project report. Processed Form 189 leads to approval for issue of eligible capital on the basis of the details furnished.
April 4, 2026
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Public company issue approval through Form 189 governs eligible capital issues and related deduction eligibility.
Form 189 is the prescribed application for approval of issue of public companies under Schedule XV(1)(z)(i) of the Income-tax Act, 2025. It is filed by the public company with supporting documents before the issue of eligible capital, and the approval is granted on the basis of the details furnished in the form. Individual contributions to the issue are stated to qualify for deduction under the Act.
April 4, 2026
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Consolidated approval form standardises gratuity and superannuation fund compliance, replacing rule-based particulars with structured filing.
Introduction of consolidated Form 188 standardises the approval process for Gratuity Fund and Superannuation Fund applications under Part B of Schedule XI by replacing the earlier text-based particulars in Rule 95 and Rule 109. The form is filed by trustees or an authorised person only for initial approval, and it requires details of the employer, the fund, eligible employees, account maintenance, fund status, trustee verification, and supporting documents such as the trust deed, fund rules, and accounts where applicable.
April 4, 2026
Show AI Summary
Approval mechanism for gratuity and superannuation funds is standardised through Form 188 with structured compliance requirements.
Form 188 provides a standardised application mechanism for approval of Gratuity Funds and Superannuation Funds, replacing earlier rule-based procedural requirements. It is filed once by the trustees or an authorised person, with prescribed particulars and supporting documents such as the trust deed, fund rules, accounts, and balance sheet where applicable. The application is examined by the jurisdictional authority, which may seek clarifications and then grant approval, issue deficiency notice, or reject the application.
April 4, 2026
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Appeal against fund recognition refusal uses Form 187, with supporting documents and filing within 60 days.
Appeal against refusal to recognise or withdrawal of recognition from a recognised provident fund, and refusal to approve or withdrawal of approval from a superannuation fund or gratuity fund, is filed in Form 187 by the employer, trustee, or authorised representative within 60 days of communication of the order. The form requires appellant particulars, fund details, grounds of appeal, verification, and supporting documents such as the impugned order, original application, proof of filing, authorisation, and fee challan.
April 4, 2026
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Appeals for provident, superannuation and gratuity funds require Form 187, supporting documents and filing within 60 days.
Form 187 prescribes the appellate mechanism under the Income-tax Act, 2025 for matters concerning recognised provident funds, superannuation funds and approved gratuity funds, including appeals against orders affecting recognition, approval, withdrawal, cancellation or refusal of such status. The form is to be used by trustees, employers or other authorised persons representing the fund where an adverse order has been passed by the competent income-tax authority. Appeals must be filed within 60 days from communication of the order, and filing does not by itself operate as a stay unless specifically granted.
April 4, 2026
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Customs enforcement along the India-Nepal border led to seizure of undocumented soft drinks and air conditioners.
Customs enforcement along the India-Nepal border led to seizure of soft drinks and air conditioners being moved without valid customs documents. A vehicle carrying 1,575 bottles of soft drinks was intercepted after the driver tried to flee, while two split air conditioners transported on bicycles were also recovered in a separate patrol operation. The goods, vehicle and bicycles were handed over to the Customs Department.
April 4, 2026
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Indian pharmaceutical exports show sustained growth as formulations, biologicals, vaccines and Ayush products drive resilience.
Indian pharmaceutical exports recorded sustained growth in FY26, reaching nearly USD 29 billion by the end of February and increasing over the corresponding period in the previous financial year. The export performance was led by formulations, biologicals, vaccines and Ayush products, and was described as resilient despite global challenges, pricing pressures and trade volatility. The sector's overall value was placed at about USD 60 billion, with projected expansion to USD 130 billion by 2030.
April 4, 2026
Show AI Summary
Recognised Provident Fund recognition process requires trust deed compliance, supporting documents, scrutiny and ongoing investment and reporting obligations.
Application under Rule 40C seeks recognition of a provident fund so it qualifies as a Recognised Provident Fund for income-tax purposes. It applies to employers, trustees and existing funds seeking recognition on formation, conversion, amendment, merger or split. The form requires trust deed details, fund rules, investment policy, financial information and supporting documents, followed by scrutiny, possible revisions, issuance of recognition and ongoing compliance with investment, audit and reporting requirements.
April 4, 2026
Show AI Summary
Recognised Provident Fund recognition through Form 186 depends on disclosure, supporting documents, and compliance with trust conditions.
Form 186 is the prescribed application for seeking recognition of a provident fund as a Recognised Provident Fund for income-tax purposes. It is filed by the employer, trustees, or an existing trust seeking recognition, and is ordinarily a one-time application subject to refiling or intimation for material changes in the trust deed or fund rules. The form requires detailed disclosures and supporting documents, and on approval the fund attains RPF status with tax treatment governed by applicable statutory limits and conditions. Recognition may later be withdrawn for non-compliance.
April 4, 2026
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Recognised provident fund accounting in Form 185 requires annual subscriber-wise records of contributions, interest, withdrawals, and balances.
Rule 294 requires recognised provident fund accounts to be prepared at intervals not exceeding twelve months, with a separate account maintained for each subscriber in Form 185. The form is maintained internally by the provident fund trust or authorised officers, and records subscriber particulars, opening balance, monthly contributions, interest, withdrawals or advances, closing balance, and verification. Part A is maintained separately for each subscriber, while Part B presents the same information in consolidated annual subscriber-wise form.

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PANVIS STAR Vascular Interventional Robotic System Redefines Mechanical Thrombectomy

April 15, 2026

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BEIJING, April 13, 2026 /PRNewswire/ -- In 2021, there were 11.96 million new stroke cases worldwide, with ischemic stroke (IS) accounting for 65.3%. China has an estimated 17.8 million stroke survivors, 86.8% of which are ischemic. For large vessel occlusion (LVO), mechanical thrombectomy (MT) is the gold standard, extending the treatment window from 4.5 to 24 hours.

However, patient access to MT remains limited due to the uneven distribution of healthcare resources, operator fatigue, and steep learning curves. Vascular interventional robotic system such as PANVIS STAR from Shenzhen Institute of Advanced Biomedical Robot Co.,Ltd. (abrobo), is redefining neurointervention by offering unique advantages and validated clinical value.

Using an animal model of ascending pharyngeal artery occlusion for thrombectomy, the PANVIS STAR system successfully completed the full mechanical thrombectomy workflow. The operator remotely controlled the system to perform femoral artery access, aortic arch angiography, target vessel superselection, micro-guidewire crossing, and stent retriever deployment. Clot withdrawal was achieved by retracting the stent retriever and microcatheter as a single unit, enabled by the system's four-device co-manipulation capability (guiding catheter, intermediate catheter, microcatheter, and stent retriever). Post-procedure angiography confirmed complete recanalization. The entire procedure demonstrated PANVIS STAR's ability to execute multi-device coordinated thrombectomy with sub-millimeter precision, force detection and haptic feedback, and stable device control.

PANVIS STAR brings powerful technological innovations to clinical practice: PANVIS COF (Catheter-On-Finger) The world's first fingertip intuitive control system to mimic the natural dexterity of a surgeon's hand. Using PANVIS COF, surgeons can rotate and advance guidewires, catheters, and therapeutic devices without abandoning their accustomed thumb-and-index finger manipulation. This breakthrough significantly shortens the learning curve, empowering a broader range of physicians to perform complex neurointerventions with confidence and precision.

Fo ur-Device Co-Manipulation + Five-Device Channels A signature breakthrough, PANVIS STAR enables the independent or synchronous control of four critical devices: guiding catheter, catheters, microcatheters, and therapeutic devices. The system also establishes five dedicated device channels, supporting dual guidewires, dual rapid-exchange devices, and multiple microcatheter operations.

Multiple Control Motion Modes PANVIS STAR offers a range of motion modes, seamlessly adaptable to diverse vessel anatomies and operator preferences. From navigating simple vessels to traversing extreme tortuous paths, from rapid device advancement to sub‑millimeter micro‑adjustments, one‑click switching ensures the operator remains in complete control. Sub‑millimeter motion precision enhances procedural stability, even in the most demanding cases.

Haptic Feedback PANVIS STAR is equipped with intraoperative force detection and haptic feedback. As guidewires navigate through delicate cerebral vasculature, the system captures resistance changes and relays them to the operator's fingertips by delivering a haptic force feedback signal. Complementing this capability is a built‑in real‑time physiological tremor filter that effectively eliminates hand jitter, further enhancing stability and precision during critical steps.

Compact Design Breaking the traditional "catheter fully straightened" paradigm, PANVIS STAR innovatively adopts a "bend‑then‑straighten" approach. This reduces the distance between the two driving units that hold the catheter, making the entire system more compact and lighter while increasing the effective usable length of the catheter for more clinical scenarios. The result is a system that is both compact and highly capable.

Pan ‑ vascular interventional procedure compatibility PANVIS STAR features ultra‑long travel to support the entire catheterization process after sheath insertion. It is pan‑vascular compatible, suitable for cerebral, cardiac, peripheral, and oncological interventions.

Remote Operation Support PANVIS STAR lays the technical groundwork for long‑distance remote surgery over 5G networks, bringing the promise of equitable access to life‑saving interventional care to patients, no matter where they live.

Success Case: World's First Remote Neurointervention Live Demonstration At the 2024 Oriental Congress of Neurovascular Diseases (OCIN) in Shanghai, PANVIS STAR achieved a significant milestone: the world's first live remote animal neurointervention demonstration.

Led by Professor Liu Jianmin's team, the procedure demonstrated the system's ability to perform aneurysm coiling and basilar artery stenting from a master console at the conference venue to a robotic drive in an animal lab miles away.

At the patient level, a stable thrombectomy process, precise stent deployment, and real-time force feedback monitoring enable even experienced operators to benefit from the robot's steady "hands," reducing the risk of post-procedural complications. Furthermore, telemedicine allows more patients to receive high-level treatment within the golden time window.

About PANVIS STAR PANVIS STAR is a next-generation pan-vascular interventional robotic system designed to cover multiple interventional specialties, including neurovascular, cardiovascular, peripheral vascular and oncological procedures. While addressing the global burden of ischemic stroke and large vessel occlusion, PANVIS STAR goes beyond thrombectomy to offer precise, reproducible, and remotely operable solutions across a broad spectrum of clinical indications.

With a focus on clinical utility, intuitive design, and remote operability, PANVIS STAR aims to make interventions more accessible worldwide.

About abrobo Shenzhen Institute of Advanced Biomedical Robot Co.Ltd., abbreviated as Abrobo, specializes in the field of vascular interventional surgery (VlS) robots. Upholding the values of "user-centered, excellence innovation-driven, agile and iterative", Abrobo strives to create a VlS control system that is "easy for surgeons and benefits patients". Abrobo possesses complete independent intellectual property rights and is committed to becoming a recognized global leader in VlS robots.

For inquiries about PANVIS STAR products, please contact: [email protected] (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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