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
    India a Key Pillar of Global Economy: President of the Republic of Korea (ROK), H.E. Lee Jae Myung
    DGGI Ahmedabad Zonal Unit officials apprehend mastermind of the biggest GST refund fraud of around ₹1,825 crore at IGI Delhi airport
    CCI approves proposed restructuring by Vishakha Renewables Ltd of its renewables business and merge with and into Vishakha Glass Pvt Ltd
    India, US begin talks on finer details of bilateral trade agreement
    Rs 500 cr development works launched in run-up to Godavari Pushkaralu in Andhra
    CBI arrests two RCOM senior officials in bank 'fraud' case
    Madras HC orders notice to I-T dept over discrepancies in TVK chief Vijay's asset disclosures
    I-PAC director Rishi Raj Singh's representative appears before ED in raid case
    No-arrest shield for TCS case accused Nida Khan; Nashik court seeks cops response on her plea
    Electricity likely to cost more in Delhi; APTEL orders to start liquidation of discom dues in 3 weeks
    SC asks NCLAT to take decision on 14 housing projects of debt-ridden Supertech
    West Asia crisis poses risks to India's trade and macroeconomic stability: NITI Aayog report
    India seeks preferential market access in US for domestic goods: Piyush Goyal
    No interim relief for TCS case accused Nida Khan, Nashik court seeks police response on her plea
    IDFC FIRST Bank Goes Live on ICEGATE 2.0 Portal for Customs Duty Payments
    CTIL Organises Panel Discussion on WTO Ruling on Transnational Subsidies in New Delhi
    Cabinet approves additional instalment of Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2026
    Cabinet approves proposal for creation of ‘Bharat Maritime Insurance Pool’ (BMI pool) with a sovereign guarantee of Rs 12,980 crore to facilitate ...
    Pak to repay USD 1.5 bn outstanding UAE debt by April 23
    Opposition in Maharashtra slams PM’s address to nation, calls it full of ‘false claims’
❯❯
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 21, 2026
Show AI Summary
India-Korea economic cooperation gains momentum as CEPA upgrade, industrial township and sectoral partnerships move forward.
India and the Republic of Korea have reaffirmed a commitment to expand bilateral economic engagement through a fast-track upgrade of the Comprehensive Economic Partnership Agreement, with focus on non-tariff barriers, rules of origin, market access and ease of doing business. The parties also highlighted the India-Korea Industrial Cooperation Committee, multiple MoUs, and a proposed Korea-specific industrial township in India to support investment and market entry. Priority sectors include semiconductors, electronics, advanced manufacturing, e-mobility, green energy, shipbuilding, digital trade and artificial intelligence.
April 21, 2026
Show AI Summary
GST refund fraud through bogus ITC, dummy firms and fabricated export claims led to a major arrest at the airport.
GST refund fraud involving fraudulent availment and encashment of Input Tax Credit through bogus purchases, dummy entities and fabricated export claims. The alleged network used non-functional firms, borrowed KYC documents, fake invoices, layered paper transactions and centrally managed GST registration, invoicing, banking, return filing and refund claims to accumulate ineligible ITC in projected exporter entities. The scheme also involved misdeclaration of low-value tobacco products as high-value exports at inflated values, with no genuine manufacturing infrastructure, doubtful e-way bills, fabricated transport documents and circular fund movement. The matter further records alleged inflation of export turnover to divert bank funds and references related proceedings involving the persons concerned.
April 21, 2026
Show AI Summary
Corporate restructuring approved for Vishakha group businesses through amalgamation, slump sale transfer, and merger of renewables operations.
The Competition Commission of India approved a proposed combination involving the restructuring of Vishakha Renewables Private Limited's renewables business and its merger with Vishakha Glass Private Limited. The combination includes transfer of the pipes division and mouldings division to Progressive Pipes Private Limited on a slump sale basis, amalgamation of Vishakha Renewables 1 Private Limited, Vishakha Metals Private Limited and Vishakha Metals 1 Private Limited into Vishakha Renewables Private Limited, and merger of Vishakha Renewables Private Limited into Vishakha Glass Private Limited as the merged entity.
April 20, 2026
Show AI Summary
Bilateral trade agreement talks advance as India seeks preferential market access and tariff reductions with the US.
India and the US are negotiating finer details of a bilateral trade agreement after the US Supreme Court's decision against sweeping reciprocal tariffs imposed under the International Emergency Economic Powers Act. The framework already announced contemplates preferential access to the US market for India and tariff reductions on Indian goods, including removal of the tariff linked to Russian oil purchases and a further reduction in the remaining tariff burden, as both sides work toward expanded bilateral trade.
April 20, 2026
Show AI Summary
Infrastructure and power-supply works launched ahead of Godavari Pushkaralu, alongside tariff reduction and rooftop solar support.
Development works worth nearly Rs 500 crore were launched in East Godavari district in the run-up to Godavari Pushkaralu, with electrical infrastructure and power-supply arrangements prioritised for the pilgrimage. The account also notes statewide power-sector works, including transmission infrastructure, substations, underground cabling, and a renewable energy scheme providing free rooftop solar systems to SC and ST households.
April 20, 2026
Show AI Summary
Bank fraud allegations over misuse of credit facilities and shell transactions lead to arrests of senior Reliance Communications executives.
Allegations of bank fraud concerning Reliance Communications involve misuse of credit facilities, discounted Letters of Credit and circuitous transactions through shell entities, causing loss to multiple banks and financial institutions. The CBI attributes key roles to senior RCOM functionaries handling finance, banking operations and fund utilisation, while the company states it has been under Corporate Insolvency Resolution Process since 2019 under the Insolvency and Bankruptcy Code.
April 20, 2026
Show AI Summary
Asset disclosure discrepancies in election affidavits raise questions over truthful voter information and financial scrutiny.
Contradictory asset disclosures in election nomination affidavits triggered a petition seeking scrutiny of a candidate's Form 26 declarations, sources of income, and related statutory filings. The matter concerned materially different total asset values stated in affidavits filed for two constituencies and the alleged impact of such inconsistency on truthful voter information and election disclosure integrity.
April 20, 2026
Show AI Summary
Money laundering probe over alleged unaccounted funds, bogus invoices and hawala channels linked to a consultancy firm investigation.
A legal representative appeared before the Enforcement Directorate to assist in extracting data from seized electronic gadgets in a case involving alleged falsification of accounts, unaccounted funds, bogus invoices, hawala transfers and money laundering. The probe stems from a police FIR against the consultancy company and is linked to a separate coal-related investigation.
April 20, 2026
Show AI Summary
Anticipatory bail in sexual harassment and alleged religious coercion probe denied interim protection as police responses were sought.
Anticipatory bail in a sexual harassment and alleged religious coercion investigation was sought by Nida Khan on the ground of pregnancy. The court did not grant interim protection from arrest and directed the police and the complainant to file responses, with further hearing scheduled. The investigation also involved allegations of molestation, attempted forceful conversion, hurting religious sentiments, and related offences, while the defence disputed the applicability of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
April 20, 2026
Show AI Summary
Regulatory assets liquidation and independent audit directions reshape Delhi power dues and consumer electricity billing obligations.
Directions were issued for liquidation of regulatory assets accumulated by Delhi distribution companies within three weeks, with the regulator's request for delay rejected as unreasonable. The tribunal also held that the audit of the discoms need not be conducted by the Comptroller and Auditor General and directed appointment of an independent chartered accountant within one week, with completion of the audit within three months. The dues were described as regulatory assets recoverable through consumer surcharges in electricity bills.
April 20, 2026
Show AI Summary
Court-monitored completion of stalled housing projects moves forward as remaining Supertech projects face urgent NCLAT review.
Expeditious court-monitored administration of the remaining housing projects of Supertech has been directed through the NCLAT, with the focus on determining whether the unresolved 14 projects can also be placed with another agency for completion. The order addresses stalled residential projects, uncertainty faced by homebuyers, and the need for a common framework for all Supertech projects, including those already handed over for completion. The court also noted that stakeholders, including land-owning agencies and farmers, must be heard urgently.
April 20, 2026
Show AI Summary
Trade diversification and market access face strain as West Asia instability pressures India's macroeconomic stability.
West Asia geopolitical instability poses risks to India's trade and macroeconomic stability by widening the current account deficit and pressuring the exchange rate, while slowing the India-GCC Free Trade Agreement and affecting trade diversification and market access. The report also recommends upgrading the gems and jewellery sector through design-led manufacturing, GI-branded products, stronger trade facilitation, improved raw material access, easier finance, simplified customs procedures, and better sector-specific data systems.
April 20, 2026
Show AI Summary
Preferential market access shapes India-US trade talks as tariff changes prompt recalibration of the bilateral framework.
India is seeking a mechanism for preferential market access in the US for domestic goods as part of the first tranche of the bilateral trade agreement, with officials discussing tariff treatment and related framework changes in light of altered US tariff conditions. The agreed framework had contemplated tariff reductions on Indian goods and reciprocal tariff concessions by India on a wide range of US industrial, food and agricultural products, alongside proposed Indian purchases of US energy products, aircraft, precious metals, technology products and coking coal. The pact is being recalibrated because all US trading partners now face a uniform tariff environment.
April 20, 2026
Show AI Summary
Anticipatory bail and interim arrest protection were declined in a workplace harassment and religious coercion investigation.
Anticipatory bail proceedings concerned allegations of sexual harassment, religious coercion, defamation and allied offences against an accused employee in the Nashik unit of Tata Consultancy Services. The accused sought interim protection from arrest on the ground of pregnancy, but the court did not grant interim relief and instead directed the police and the complainant to file their responses. The investigation involved multiple FIRs, arrests of several persons and allegations of pressure on female employees to pray, change dietary habits and conform to religious practices.
April 20, 2026
Show AI Summary
Digital customs duty payments gain momentum through ICEGATE 2.0 integration with secure net banking and instant challans.
IDFC FIRST Bank has integrated its retail and corporate internet banking platforms with the ICEGATE 2.0 portal to enable secure digital payment of Customs Duty, Central Excise and Service Tax. Customers can initiate payments through the portal, complete transactions through net banking, and obtain real-time confirmation together with downloadable challans for record-keeping and reconciliation. The integration forms part of the bank's broader tax payment suite and its authorised support for tax payments across Direct Taxes, GST and Customs.
April 20, 2026
Show AI Summary
Transnational subsidies under the SCM Agreement drew focus as the panel discussed financial contribution, public body status, and trade remedy implications.
A panel discussion examined the WTO Panel Report in the dispute concerning European Union countervailing and anti-dumping duties on stainless steel cold-rolled flat products from Indonesia, focusing on the legal and policy implications for transnational subsidies under the SCM Agreement. The discussion considered attribution of financial contributions by foreign entities to the Government of Indonesia, the closed-list character of financial contribution under Article 1.1(a)(1), the assessment of public body status, and the broader significance of the ruling for cross-border state support and industrial policy.
April 20, 2026
Show AI Summary
Dearness Allowance revision approved for Central Government employees and pensioners to offset price rise from 2026.
An additional instalment of Dearness Allowance for Central Government employees and Dearness Relief for pensioners has been approved with effect from 01.01.2026, increasing the existing rate by 2% to 60% of basic pay or pension. The increase is intended to compensate for price rise and operates in accordance with the accepted formula based on the recommendations of the 7th Central Pay Commission.
April 20, 2026
Show AI Summary
Maritime insurance pool strengthens domestic cover for vessels, reduces external dependence, and supports continuity of trade.
Approval has been given for creation of a domestic Bharat Maritime Insurance Pool backed by a sovereign guarantee to provide continuous maritime insurance cover for Indian flagged or controlled vessels, and for vessels destined to or starting from India. The pool is intended to reduce dependence on external insurance markets, address volatility and geopolitical disruption, and maintain insurance availability for maritime trade, including cargo movements between international origins and Indian ports and vice versa. It will cover major maritime risks, with policies issued by insurer members using combined underwriting capacity.
April 19, 2026
Show AI Summary
External debt rollover and reserve support shape Pakistan's repayment schedule to the United Arab Emirates.
Pakistan's central bank expects to repay the remaining USD 1.5 billion outstanding to the United Arab Emirates by April 23, after having already transferred USD 2 billion on maturity of the deposits. The repayment follows the UAE's balance-of-payments support arrangement and is said to have been managed alongside stable foreign exchange reserves and recent inflows, including anticipated IMF disbursement support. The related financing position also includes a Saudi arrangement under which a USD 3 billion deposit with the State Bank of Pakistan was extended in maturity, with USD 2 billion already deposited by the Saudi Fund for Development.
April 19, 2026
Show AI Summary
Women's reservation and delimitation dominate Maharashtra opposition's criticism of the Prime Minister's address.
Opposition leaders in Maharashtra criticised the Prime Minister's address as containing false claims and failing to address women's reservation properly. They demanded immediate implementation of the Nari Shakti Vandan Act and objected to any linkage between women's reservation, Census, and delimitation, saying such a connection could affect the electoral structure and delay implementation.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Union Minister of Commerce and Industry Shri Piyush Goyal Announces 3-Year Fee Waiver for Sports-Related IP Registrations on World IP Day

April 29, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Shri Piyush Goyal Felicitates J&K Ranji Team for Breakthrough Victory Over Eight-Time Champions Karnataka

Shri Piyush Goyal Highlights GI-Tagged Kashmir Willow Bat as Symbol of India’s Craftsmanship and IP Strength, Urges Global Promotion

Shri Piyush Goyal Calls for Converting Ideas into IP Assets, Underscores Sports Growth

Shri Piyush Goyal Cites India–New Zealand FTA, Calls for ‘Innovate, Patent, Produce, Prosper’ to Leverage Global Opportunities

Shri Piyush Goyal Launches Viksit Bharat Digital Matrix 2026 Design Hackathon on Smart Wearables to Boost IP-Driven Innovation

Shri Piyush Goyal Advocates Sports Manufacturing Clusters, Boost to Domestic Production and CSR-Led Infrastructure Development

Union Minister of Commerce and Industry Shri Piyush Goyal today announced that all intellectual property (IP) registrations related to sports—including trademarks, copyrights, patents, designs, traditional knowledge, and geographical indications—will be exempt from fees for a period of three years, effective immediately. . The announcement was made while addressing the World Intellectual Property Day celebrations in New Delhi, themed “IP and Sports: Ready, Set, Innovate!”.

The waiver, announced as a special drive to promote innovation in the sports ecosystem, will apply across all categories of IP. The Minister also directed that a notification be issued with immediate effect and highlighted that, in addition to the fee exemption, the government will extend facilitation support under existing schemes to assist innovators, students, artisans, and stakeholders in filing and securing IP rights, thereby easing their journey into the IP ecosystem.

The valedictory session of the programme featured the felicitation of the Jammu and Kashmir Ranji Trophy team by Shri Piyush Goyal for their historic performance. The team was honoured for securing a landmark victory after 67 years, including a notable win against an eight-time champion team, Karnataka. The achievement was highlighted as a moment of pride, reflecting the growing sporting potential of Jammu and Kashmir and serving as an inspiration for young athletes across the region.

The Minister noted that the development comes in the backdrop of sustained efforts by the Government to promote sports and create new opportunities in Jammu and Kashmir. He highlighted that increasing investments in infrastructure, coupled with expanding avenues in tourism and industry, are enabling greater participation of youth in diverse fields, including sports. The victory was described as a signal of renewed confidence and opportunity, with young athletes from the region expected to excel at national and international levels in the years ahead.

The Minister underscored the importance of the Kashmir willow cricket bat, noting that it represents India’s craftsmanship and IP strength. He highlighted that it is among the first and possibly the only sports-related product from India to have received a Geographical Indication (GI) tag, and emphasized the need to promote its manufacturing within Jammu and Kashmir to enhance its global presence.

The Minister called for the development of sports manufacturing clusters in regions such as Jammu and Kashmir, along with Meerut, highlighting their potential to emerge as key hubs in the sports goods sector. He stressed the need to significantly boost domestic production of sports goods, including bats, balls, hockey equipment, training aids, and gym equipment, to strengthen indigenous manufacturing capabilities and support local value chains.

Focusing on Jammu and Kashmir, the Minister underlined the opportunity to leverage regional strengths to develop specialised manufacturing ecosystems, particularly in sports goods, which can enhance local livelihoods and position the region more prominently in national and global markets. He also encouraged innovation in sports formats and suggested that such innovations should be examined for appropriate intellectual property protection to ensure value creation and support the broader innovation-led growth of the sports sector

The Minister urged innovators, students, and stakeholders to convert every new idea into an IP asset at the earliest and seek registration to secure ownership and value. He also highlighted the availability of government support mechanisms to assist applicants in the IP registration process.

Highlighting the economic potential of sports, Shri Goyal noted the significant growth in valuation of franchise-based cricket teams over the past 18 years, reflecting the transformational journey of sports driven by innovation and commercialization.

Referring to recent developments, Shri Goyal mentioned the signing of the India–New Zealand Free Trade Agreement and noted that both countries are also celebrating 100 years of sporting ties.

Reiterating the Government’s vision, the Minister highlighted the guiding principle of “innovate, patent, produce and prosper,” encouraging stakeholders to develop ideas, secure IP rights, scale production, and access global markets. He noted that India’s expanding network of Free Trade Agreements is opening new opportunities for Indian innovators.

In a major step towards advancing innovation at the intersection of technology, design, and intellectual property, Shri Piyush Goyal also formally launched the Viksit Bharat Digital Matrix 2026 – Design Hackathon today. Organised by DPIIT in collaboration with IIT Delhi, the six-month immersive hackathon is centred on the theme of smart wearables, focusing on the development of next-generation solutions aimed at enhancing everyday living, performance, and holistic wellness.

The initiative underscores the growing convergence of advanced technology and user-centric design, encouraging participants to develop smart wearable prototypes that are both functionally sophisticated and aesthetically refined for everyday use. By promoting innovations that can be protected through patents and design rights, the hackathon reinforces India’s commitment to an IP-driven innovation ecosystem and enables young innovators to translate creative ideas into practical, real-world applications.

The Minister also highlighted India’s expanding sporting ambitions, including the inclusion of cricket in the Olympics and India’s bid to host the 2036 Olympic Games. He encouraged greater participation of youth, including from Jammu and Kashmir, in international sporting platforms.

Emphasizing that sports is both a tool for physical well-being and an important economic activity, the Minister highlighted the growing scale of sports viewership and its economic dimensions. He also noted the rapid adoption of new sports and formats in India.

Referring to the Sports Policy 2025, Shri Goyal highlighted efforts to strengthen sports infrastructure, promote sports at the school level, and ensure equal opportunities for youth across the country. He also cited past initiatives, including the establishment of a sports academy in Ranchi to nurture talent from tribal communities.

He urged greater utilisation of Corporate Social Responsibility (CSR) funds for sports development, including the creation of open gym facilities across the country and expansion of infrastructure to remote areas.

Cautioning sportspersons and influencers, Shri Goyal advised responsible endorsement practices, particularly in areas such as nutrition and supplements, to avoid misleading advertising.

The programme also incorporated interactive elements, including a sports IP quiz, a workshop on sports advertising and endorsements, and an interactive forum on the “Future of IP & Sports” with participation from international IP offices. The Sports Innovation Arena showcased advancements in sports technology, manufacturing, and esports.

Topics

Acts Income Tax