Just a moment...

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
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds Meeting with H.E. Mr. Abdulla Bin Adel Fakhro, Minister of Industry and Commerce, Bahr...
    Shri Anand Kumar Pal assumes charge as Chief Adviser (Cost) in the Department of Expenditure, Ministry of Finance, w.e.f. 10th April, 2026
    Gap between rich and poor nations growing even wider: UN report
    Foreign Secretary Misri wraps up US visit with talks to deepen nuclear ties, explore LPG exports
    Mexican judge rules in favour of plaintiffs in 2018 Cuba plane crash that killed 112
    9th Meeting of National Traders’ Welfare Board Held in New Delhi
    Department of Commerce and Ministry of Ports, Shipping and Waterways Hold High-Level Meetings to Address Packaging, Logistics and Shipping Challenges ...
    Markets rebound 1 pc on buying in financial counters, rally in global peers; Sensex jumps 900 pts
    IDPIC Appoints K. S. Raju as MD & CEO to Strengthen Digital Payment Fraud Intelligence
    Best Double Door Refrigerators to Buy This Baisakhi 2026
    Vedanta questions evaluation metrics behind selection of Adani's bid for JAL
    India’s forex reserves jump by USD 9 billion to USD 697.12 billion: RBI
    Qatar vows to remain reliable energy supplier to India amid West Asia tensions
    2.22 lakh appeals disposed of during last fiscal: CBDT chairman
    Michigan State University collaborates with TimesPro to introduce Master Certificate in Global Supply Chain Management
    Electronica India and Productronica India 2026 Opens in Greater Noida, Signals India’s ‘Powerplay’ in Electronics
    Delhi HC seeks Centre'€™s stand on plea against appointment of NCLT acting president
    Need a Personal Loan? Bajaj Finance Now Offers Up to 108 Months to Repay
    Gartex Texprocess India Mumbai opened on 9th April: Innovations driving apparel manufacturing and textile technologies on display
    ADB ups India's FY27 growth projections to 6.9 pc
❯❯
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 11, 2026
Show AI Summary
Supply chain resilience and maritime safety drive India-Bahrain efforts to strengthen economic partnership.
India and Bahrain reaffirmed their commitment to strengthen economic partnership through continued cooperation and close engagement, with emphasis on regional stability, maritime safety, predictable trade flows, and supply chain resilience. The interaction also highlighted support for Bahrain's security and stability, solidarity after attacks on vital installations, and appreciation for efforts to protect the wellbeing of the Indian community in Bahrain.
April 11, 2026
Show AI Summary
Chief Adviser (Cost) appointment highlights extensive experience in financial analysis, public policy, and costing methodologies across sectors.
Shri Anand Kumar Pal, an Indian Cost Accounts Service officer, has assumed charge as Chief Adviser (Cost) in the Department of Expenditure, Ministry of Finance, following approval by the Appointments Committee of the Cabinet. The press release notes his professional qualifications in cost accountancy, commerce and law, his more than 30 years of experience in financial analysis, public policy implementation, WTO trade policy, and costing and pricing methodologies, and his prior postings across several departments and organisations.
April 11, 2026
Show AI Summary
Development financing gap widens as aid cuts, tariffs, and stalled financial reform deepen pressure on poorer nations.
A UN report says the widening gap between rich and poor nations is being aggravated by unfulfilled commitments to reform global financial institutions and expand development financing. The report says the Seville Commitment, adopted to close the development financing gap and support 2030 goals, has not been fully implemented, while geopolitical tensions, trade barriers, climate shocks, and reduced aid are worsening conditions for developing countries. It also notes sharp rises in tariffs on exports from the poorest and other developing nations.
April 11, 2026
Show AI Summary
Energy cooperation deepens as India and the United States explore civil nuclear ties, coal gasification and LPG exports.
India and the United States discussed expanding energy cooperation through deeper bilateral energy trade, enhanced energy security and new areas of collaboration in nuclear power, coal gasification and LPG exports. The discussions reflected support for strengthening the India-US Energy Partnership and indicated readiness for cooperation in civil nuclear matters alongside other energy supply and transition linkages. The wider policy context included India's civil nuclear framework under the SHANTI Act.
April 11, 2026
Show AI Summary
Maintenance negligence in aircraft operation leads to liability in Cuba crash families' damages claim.
Maintenance negligence in the operation of a leased Boeing 737 was found to have caused a 2018 aviation disaster in Cuba in which 112 people died. An independent expert concluded that severe maintenance failures made the aircraft unfit to fly and described the crash as an institutional accident, with the pilots treated as the final line of defence rather than the source of fault. On that basis, a Mexican judge held the charter operator liable and ordered damages in favour of the families of the Mexican crew members who brought the suit.
April 10, 2026
Show AI Summary
Ease of doing business reforms highlighted as trader welfare board backs decriminalisation, simplified compliance, and digital empowerment initiatives.
Trade facilitation and trader welfare measures were highlighted, including decriminalisation reforms to reduce compliance burden, simplified food business licensing and registration, support for e-commerce promotion, and facilitation of collateral-free credit for traders and small businesses. Digital empowerment through the ONDC-backed DigiDukaan platform and the push for State-level Traders' Welfare Boards were also emphasised as part of a broader effort to make trade easier and strengthen institutional support.
April 10, 2026
Show AI Summary
Trade logistics coordination addresses packaging shortages, shipping constraints and supply chain stress amid West Asia disruptions.
Coordination between the Department of Commerce and the Ministry of Ports, Shipping and Waterways addressed trade disruptions arising from the West Asia situation, with stakeholder consultations focused on packaging, logistics and shipping constraints affecting exports. The discussions identified pressure on petrochemical inputs such as polymers and resins, rising packaging costs, supply chain stress and liquidity concerns for sectors including MSMEs, apparel, leather, telecom/optical fibre and medical devices. The Government emphasised uninterrupted availability of critical raw materials, time-bound assessment of packaging inputs, mapping of domestic capacity and import dependence, and weekly monitoring of export-import trends and sectoral stress indicators.
April 10, 2026
Show AI Summary
Equity market rebound lifts Sensex and Nifty as banking, financial and auto stocks gain on stronger global sentiment.
Indian equity benchmarks advanced on broad-based buying in banking, financial, auto and realty counters, with the Sensex and Nifty closing sharply higher after tracking stronger global markets. The recovery was supported by improved risk sentiment, expectations of easing West Asia tensions ahead of scheduled US-Iran negotiations, and lower crude-linked pressure on investor appetite. The upmove was also aided by sustained domestic institutional buying and selective short covering, even as foreign institutional investors continued to sell.
April 10, 2026
Show AI Summary
Digital payment fraud intelligence strengthens as IDPIC appoints new chief to bolster real-time threat monitoring and secure payments.
The Indian Digital Payment Intelligence Corporation (IDPIC), a Section 8 not-for-profit entity approved by the Reserve Bank of India, has appointed K. Satyanarayana Raju as Managing Director and Chief Executive Officer with effect from February 2026. IDPIC functions as India's central AI-driven platform for detecting, preventing, and analysing digital payment fraud in real time, and the appointment is presented as part of its effort to strengthen leadership and operational capability in fraud intelligence, threat monitoring, and coordination across the digital payments ecosystem.
April 10, 2026
Show AI Summary
Frost-free double door refrigerators meet festive kitchen needs with energy-efficient cooling and easy EMI purchase options.
Double door frost-free refrigerators are presented as an upgrade offering separate compartments, automatic defrosting, inverter-based energy efficiency, and improved food storage. The article also explains that customers may use the Bajaj Finserv Easy EMI Loan to browse models, complete quick KYC verification, obtain an instant approved limit, and buy through partner stores with repayment in monthly instalments, including select zero down payment offers and cashback. Bajaj Finance Ltd. is described as an RBI-registered deposit-taking NBFC engaged in lending, deposit acceptance, and diversified financial services.
April 10, 2026
Show AI Summary
Value maximisation in insolvency bids questioned over evaluation matrix and transparency in the JAL resolution process
Vedanta Group challenged the evaluation matrix and challenge process used by the committee of creditors in the insolvency resolution of Jaiprakash Associates Ltd, contending that the framework was inconsistent with value maximisation and commercial wisdom. The dispute concerned scoring methodology, the weight given to feasibility and viability analysis, and allegations that the process lacked transparency and fairness because only the highest net present value was disclosed after each round. The committee of creditors defended the selection by stating that plans were assessed on multiple factors under the Insolvency and Bankruptcy Code.
April 10, 2026
Show AI Summary
Foreign exchange reserves rise as foreign currency assets and gold reserves drive the weekly increase amid rupee pressure.
India's foreign exchange reserves increased by USD 9.063 billion to USD 697.121 billion for the week ended April 3, 2026, after the previous week's decline. The rise in reserves was driven by gains in major components, including foreign currency assets and gold reserves, while Special Drawing Rights increased marginally and the reserve position with the IMF remained unchanged.
April 10, 2026
Show AI Summary
Reliable energy supply and free navigation drive India-Qatar talks amid regional disruptions.
India and Qatar reaffirmed strategic energy cooperation amid West Asia tensions, with Qatar stating that it would remain a reliable energy supplier to India. The talks focused on stability in global markets, an early end to disruptions in energy supplies, and restoration of normal trade flows after conflict-related interruptions affected regional exports and supply chains. Both sides welcomed the ceasefire and stressed unimpeded freedom of navigation and the global flow of commerce to support supply chains.
April 10, 2026
Show AI Summary
Tax dispute reduction gains momentum as appeal disposals, grievance resolution and data-driven enforcement expand across the department.
The Income Tax Department reported a substantial rise in appeal disposals, along with increased resolution of grievances, rectification applications and orders giving effect, as part of efforts to reduce disputes and improve taxpayer certainty. The CBDT chairman said enforcement should be guided by data analytics, intelligence-driven inputs and proportionate action, while theme-based investigations targeted incorrect deduction claims and suppression of business receipts. The department also processed trust registrations, signed more advance pricing agreements and highlighted the new tax law framework as supporting easier compliance and a non-intrusive administration.
April 10, 2026
Show AI Summary
Global supply chain management training expands with a new online certificate for working professionals in India.
A higher education collaboration has been announced to launch a Master Certificate in Global Supply Chain Management in India, combining Michigan State University's academic instruction with TimesPro's online delivery platform and Bisk Education's digital learning support. The 24-week, 100% online programme is designed for working professionals seeking stronger capabilities in procurement, logistics, operations and global supply chain strategy. It includes core modules and specialisation tracks covering supply chain management, logistics strategy, supply risk, sustainability, global market dynamics and the regulatory realities affecting international trade and logistics.
April 10, 2026
Show AI Summary
Electronics manufacturing growth gains momentum as Uttar Pradesh positions itself as a major investment and value-chain hub.
Electronics manufacturing in Uttar Pradesh is being positioned as a major industrial growth area through the electronica India and productronica India 2026 platform in Greater Noida, alongside policy signalling, infrastructure readiness, investment facilitation, and expansion of the Noida-Greater Noida corridor as a manufacturing base. Government leaders highlighted a stable policy environment, ease of doing business, rising exports, and support for manufacturing-led growth, with emphasis on moving beyond assembly toward component manufacturing and value-chain integration.
April 10, 2026
Show AI Summary
Statutory seniority in NCLT appointments questioned as a technical member challenges acting president selection.
Challenge to the appointment of an acting president of the National Company Law Tribunal on the ground that the statutory senior-most member rule required appointment of the member who joined earlier, irrespective of whether the member was judicial or technical. The petitioner, a technical member, claimed seniority by date of joining in the absence of any rule on inter se seniority. The High Court issued notice and observed prima facie substance in the plea if the statute mandated appointment of the senior-most member.
April 10, 2026
Show AI Summary
Personal loan flexibility expands with longer repayment tenure, transparent rates, collateral-free borrowing, and faster disbursal.
Personal loan offering has been structured with an extended repayment tenure of up to 108 months, replacing the earlier maximum of 96 months, to give borrowers greater flexibility in managing EMIs and monthly cash flow. Customers may choose a tenure ranging from 12 months to 108 months, depending on income, financial commitments, and repayment preference. The loan is presented as a financing option for planned and urgent expenses, with the longer repayment period intended to support affordability and financial planning.
April 10, 2026
Show AI Summary
Textile sector growth gains momentum through export expansion, policy support, technology adoption and sustainability-driven manufacturing.
India's textile sector is supported by policy initiatives, export expansion goals and rising global demand, with Vision 2030 targeting higher exports through stronger domestic manufacturing and a larger global footprint. The Union Budget 2026-27 places the sector at the centre of employment, export growth, rural livelihoods and sustainable manufacturing, while growth is also being driven by the Production Linked Incentive scheme, technological advancement, sustainability practices and e-commerce expansion.
April 10, 2026
Show AI Summary
India growth outlook stays robust as domestic demand, easing financing conditions, and trade factors support expansion.
India's growth outlook is projected to remain robust in the current fiscal year, supported by strong domestic demand, easing financing conditions, and lower tariffs on Indian goods. The next fiscal year is expected to see higher growth from domestic reforms, trade agreement effects, and expected government salary increases. Inflation is forecast to rise in the current fiscal year due to higher food and oil prices before easing as oil prices soften.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

Ahana Announces RBI Reporting Solution for Co-operative Banks Using Its Proprietary Data Model

April 15, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Bengaluru, Karnataka, India – Business Wire India Ahana today announced a solution-led initiative for co-operative banks, built on Ahana’s Data Management Solution platform and delivered through the Data Model designed by Ahana, a business solution purpose-built for co-operative banks to simplify RBI reporting in environments where data resides across core banking, treasury, and digital channels. Reporting cycles still rely heavily on extraction, validation, reconciliation, and spreadsheet-driven workflows.

Adapting to the Evolving RBI Reporting Landscape for Co-operative Banks Co-operative banks often manage reporting data across multiple systems and departments, leading to reconciliation overhead and inconsistent reporting outcomes. Common conditions include disconnected core banking, treasury, and digital systems; RBI reporting that takes days per cycle; higher error rates due to manual consolidation; and difficulty producing a unified customer view.

Audit readiness adds complexity. In many environments, audit data is distributed across departmental systems without a historical data retention strategy, and reports are manually created from on-premises backups, increasing turnaround time and contributing to repeated audit delays.

The same operating conditions will require substantial manual effort, with approximately 30 to 40 personnel across functions such as Credit Monitoring, Accounts, Treasury, and Forex involved in data extraction, validation, and consolidation for MIS and reporting.

A governed RBI reporting solution for co-operative banks and audits Data Model designed by Ahana is being used to deliver a regulated reporting framework for co-operative banks, focused on simplifying RBI reporting where reporting cycles depend on manual consolidation. The solution establishes a governed reporting foundation that consolidates data, standardizes processing, and supports RBI and MIS reporting workflows through structured pipelines and analytics-driven consumption.

Vivek Hegde, Founder Director and CEO, Ahana, said: “Co-operative banks are under increasing pressure to deliver accurate RBI reporting on tighter timelines, even while data remains distributed across core banking, treasury, and digital channels. With the Data Model, designed by Ahana, we are helping banks reduce manual effort, improve audit readiness through traceable lineage and historical records, and move toward faster, more consistent regulatory reporting cycles.” From an implementation standpoint, the approach focuses on standardizing ingestion, orchestration, and report-ready data structures to reduce manual consolidation.

Srinath C V, Head- Automation and AI Initiatives, Ahana, said: “For regulated reporting, automation needs controlled pipelines and consistent definitions across cycles. By standardizing ingestion, orchestration, and the STG, CDR, and MART structure, banks can reduce dependency on spreadsheet-driven workflows and make reporting more repeatable.” Outcomes that co-operative banks can expect The solution is positioned to support measurable outcomes, including faster RBI reporting cycles moving toward reports generated in hours instead of days, reduced manual effort and error exposure through standardized processing and reduced dependency on spreadsheet-based workflows, and improved audit readiness supported by traceable data lineage and historical records for regulatory review.

Ahana noted that delivery emphasis is on operational controls that support consistent reporting cycles and audit readiness.

Chidananda Murthy, Head-Presales, Ahana, said: “The priority is to make reporting dependable in day-to-day operations. That means there should be clear controls around data quality and audit evidence, historical records supported by traceable lineage. This reduces redevelopment and massaging of reports. This will greatly reduce the pressure on MIS team to commit the timelines for report submission. “ It also supports a scalable KPI operating model, including measures such as on-time submission rate, data quality score, report preparation time, and manual adjustments per report, tracked on a defined cadence. The approach is intended to support a single source of truth for reporting and audit needs and minimize discrepancies across systems.

To learn more about how the Data Model simplifies RBI reporting for co-operative banks. Usecase | Whitepaper About Ahana Systems and Solutions Ahana Systems and Solutions is a digital transformation and IT services company delivering modern data platforms, cloud and infrastructure services, automation, analytics, and governance capabilities across industries including BFSI, logistics, and manufacturing. Ahana works with 100+ clients, has delivered 500+ projects across 20+ technologies, and is powered by a team of 650+ professionals. The company is a NASSCOM member and is certified for ISO 9001 and ISO 27001, with a focus on secure, scalable, future-ready technology delivery.

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

Topics

Acts Income Tax