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’s 45-Day MSME Payment Rule Exposes Structural Gap in Industrial Supply Chain Finance
    Indian Consulate to host webinar to help exporters sell their goods in US
    Japan records bigger exports and imports in April, despite oil supply concerns
    RBI Issues Revised Draft Amendment Directions on ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’
    Comptroller and Auditor General of India, Shri K. Sanjay Murthy addressed the 17th Annual Day event of Competition Commission of India
    CCI approves the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks pvt Ltd (LFPL), Aayush Agrawal Trust (...
    CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and...
    CCI approves the acquisition of certain shareholding in Neysa Networks Pvt Ltd by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and othe...
    PFRDA conducts Atal Pension Yojana Annual Felicitation Programme at New Delhi
    Andhra govt clears over 800 acres for RIL’s Rs 1 lakh-cr AI data centre in Vizianagaram district
    ITA flags financial stress in tea sector despite record export of 280 million kg
    Banks cannot disable mobile phones of defaulting borrowers: RBI proposal
    Parliamentary panel expresses concern over investments in cryptocurrencies
    Modi, Shah 'traitors' who sold Hindustan, alleges Rahul
    AERA fixes Rs 620 user development fee for Navi Mumbai airport for departing domestic passengers
    BJD MP meets FM, seeks structured GST Council deliberations to include petrol, diesel under GST
    Bajaj Finance Personal Loan Enables Easier Repayment Planning with up to 108-month Tenure
    India's toffee exports jump 166 pc in 12 years to reach Rs 132 cr in 2025-26
    ZikZuk Technologies Receives RBI Authorisation To Operate As Prepaid Payment Instrument Issuer
    EU overcomes fierce internal debate to agree on tariff deal with US
❯❯
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
May 21, 2026
Show AI Summary
Supply chain finance gaps sharpen as the 45-day MSME payment rule strains industrial distributors' working capital.
India's 45-day MSME payment rule has intensified working capital pressure across informal industrial supply chains by requiring companies to settle dues to micro and small enterprise suppliers within the tax-prescribed period while downstream buyers often continue to pay much later. The analysis presents this as a systems problem in supply chain finance rather than a pure credit-cost issue, because conventional bank lending structures rely on audited financials, collateral, and formal credit histories that most industrial distributors cannot furnish. A phased supply chain finance architecture is proposed around the anchor company's transaction data, commercial relationships, and payment behaviour. The model contemplates anchor-validated invoice financing for distributors, invoice discounting against receivables, and the use of platform-tracked sales, inventory movement, GST invoice trails, and repeat-order patterns as substitutes for traditional underwriting inputs.
May 21, 2026
Show AI Summary
Export compliance and market access guidance for Indian exporters expands through a webinar and trade facilitation portal.
Indian exporters and MSMEs are being provided a webinar-based platform to understand pathways for exporting products to the United States, with particular focus on market access through Walmart. The initiative is designed to give practical guidance on supply chain requirements and compliance obligations relevant to exporters and suppliers seeking to bring Indian goods into the US retail market. The wider trade facilitation context includes the India-US Trade Facilitation Portal, developed to strengthen bilateral trade and business engagement by improving interaction among businesses, investors, institutions and other stakeholders.
May 21, 2026
Show AI Summary
Trade surplus and semiconductor-led export growth shape Japan's April trade data amid energy supply pressures.
Japan recorded a sharp rise in exports and imports in April, with exports increasing for the eighth consecutive month and trade moving into surplus. Semiconductor shipments led the export growth, supported by stronger sales of medical products, paper goods and electrical machinery. Energy imports fell markedly because of disruption linked to the war in Iran and closure of the Strait of Hormuz, while higher oil prices and a weaker yen increased import costs.
May 21, 2026
Show AI Summary
Loan recovery rules: RBI issues revised draft directions on recovery agents and technology-based default controls for consultation.
The Reserve Bank of India has issued revised draft Amendment Directions for public consultation on the conduct of regulated entities in recovery of loans and the engagement of recovery agents. The revised drafts incorporate stakeholder feedback, including proposals on technology-based mechanisms to restrict or disable certain functionalities of financed mobile devices in cases of borrower default. The consultation covers multiple categories of regulated entities and invites comments through the online portal or by email within the specified period.
May 21, 2026
Show AI Summary
Competition enforcement in digital markets increasingly hinges on data control, AI risks, and stronger procurement oversight.
Competition enforcement is described as a core element of economic governance, especially in digital and technology-driven markets where market power may arise from control over data and ecosystems. The material highlights cartelization, abuse of dominance, bid-rigging and public procurement scrutiny as key concerns, and stresses the complementary role of competition enforcement and audit. It also notes recent institutional and regulatory measures by the Competition Commission of India, including revised regulations, settlement and combination procedures, and a market study on artificial intelligence and competition.
May 21, 2026
Show AI Summary
Stake acquisition approval in Restaurant Brands Asia combines equity subscriptions, warrant subscriptions, purchases and an open offer.
Approval was granted for the acquisition of a certain stake in Restaurant Brands Asia Limited by Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, Aayush Madhusudan Agrawal and Inspira Agro Trading LLC through equity subscriptions, warrant subscriptions, equity purchases and an open offer. The transaction is structured as a proposed combination involving multiple acquisition steps and concerns the target company's stake and franchise business in India.
May 21, 2026
Show AI Summary
Competition clearance for acquisition of road highway operating special purpose vehicles by an infrastructure investment trust.
Competition Commission of India approved the proposed acquisition of the entire equity share capital of four road and highway operating special purpose vehicles by Cube Highways Trust. The trust is a SEBI-registered infrastructure investment trust, and the target entities are Indian companies operating roads and highways through governmental concessions.
May 21, 2026
Show AI Summary
Competition Commission approval for acquisition of Neysa Networks by Blackstone affiliates and co-investors in the AI cloud services sector.
Competition Commission of India approved the acquisition of a controlling stake and certain shareholding in Neysa Networks Private Limited by Blackstone affiliates and other co-investors. The proposed combination includes multiple investors acquiring stakes in the AI-focused cloud services provider, which enables enterprises, startups, and public sector organisations to deploy and scale AI workloads securely and cost-effectively.
May 21, 2026
Show AI Summary
Atal Pension Yojana expansion highlights growing retirement security, higher enrolments, and wider inclusion across subscriber groups.
Atal Pension Yojana is being expanded nationwide as a social security and retirement preparedness initiative, with PFRDA reporting continued growth in gross enrolments, assets under management, and participation across all States and Union Territories. During FY 2025-26, APY recorded its highest-ever annual enrolment, a large addition of new subscribers, and a marked rise in participation among younger age groups. Women participation also reached a record level, while subscriber persistency, financial literacy, and outreach in the urban informal sector were highlighted as key priorities.
May 20, 2026
Show AI Summary
AI data centre project approvals include land allotment, utility support, and major fiscal incentives for large-scale investment.
Andhra Pradesh approved allotment of 854.97 acres in Vizianagaram district to Reliance Industries Limited at a 25 percent discounted rate for a Giga-Scale AI Data Centre with a Cable Landing Station. The package includes non-fiscal support such as water provision for 20 years and a proposal to study a desalination plant, together with fiscal incentives including stamp duty and registration exemption, capital subsidy, SGST reimbursement, water tariff subsidy, power tariff subsidy, and cross-subsidy surcharge exemption.
May 20, 2026
Show AI Summary
Tea sector financial stress deepens as rising costs, weak prices and climate pressure prompt calls for policy support.
Tea sector faces mounting financial stress despite record exports, as slow auction price growth, rising input costs, adverse weather, declining production and import pressure continue to affect estate viability. The association called for a minimum sustainable price mechanism linked to production cost, higher export support, restoration of orthodox tea incentives and relief for Darjeeling estates, including interest subvention on working capital.
May 20, 2026
Show AI Summary
Loan recovery conduct norms bar mobile phone blocking by banks, while financed devices may face limited restrictions after default.
RBI has proposed revised conduct norms for loan recovery, including a bar on using technology-based blocking of a borrower's mobile device as a recovery tool, except where the device itself was financed by the lender. Even in financed-device cases, blocking is allowed only after the loan is 90 days past due and notice has failed to cure the default, and essential functions such as internet access, incoming calls, emergency SOS features and public-safety notifications cannot be disabled. Wrongful restriction must be reversed within one hour of cure, with hourly compensation payable until remedied.
May 20, 2026
Show AI Summary
Virtual digital assets taxation draws scrutiny as lawmakers back continued tax treatment amid regulatory uncertainty.
A parliamentary finance panel expressed concern over large-scale investment in virtual digital assets such as cryptocurrency and supported continuation of tax on such digital transactions. The discussion focused on the absence of a specific regulatory law in India, differing international approaches to regulation or prohibition, and the need to examine stakeholder views before recommending a future course of action. Cryptocurrency transactions are already subject to income tax and GST, including a 30 per cent income tax on gains, a 1 per cent TDS on certain payments, and tax treatment of gifts.
May 20, 2026
Show AI Summary
Constitutional protection and economic distress dominate Rahul Gandhi's allegations over governance, inflation, and electoral roll deletions.
Political remarks centred on allegations that the Prime Minister, the Home Minister and the RSS were undermining the Constitution, weakening public welfare measures, favouring select industrialists, and eroding constitutional guarantees such as equality, justice, public sector protections, an independent judiciary, free media, and one person-one vote. The speaker also linked these allegations to economic distress, warning of inflation, fuel and fertiliser shortages, disruptions in global oil supply, and hardship for ordinary citizens.
May 20, 2026
Show AI Summary
Airport tariff regulation fixes user development fee and landing charges for a new airport's initial control period.
Tariff order for the Navi Mumbai International Airport fixed user development fee, landing charges and vehicle parking charges for the first control period on a differentiated basis for domestic and international passengers and flights. The regulatory determination also allows a Variable Tariff Plan for landing charges during the initial years and carries forward a portion of the Average Revenue Requirement to the next tariff cycle to moderate airport charges in the interests of passengers and airlines.
May 20, 2026
Show AI Summary
GST framework deliberations on petrol and diesel inclusion focus on phased integration, state revenue protection, and fiscal balance.
Petrol and diesel should be considered for inclusion under the GST framework through structured and consultative deliberations in the GST Council. The representation relies on Article 279A(5) as envisaging the eventual inclusion of petroleum products within GST and urges fresh consideration in light of prevailing economic conditions. It proposes a calibrated framework, including a working group, transitional compensation support, a limited revenue-protection cess, and a formula-based fiscal stabilisation mechanism.
May 20, 2026
Show AI Summary
Collateral-free personal loans with flexible tenure and digital processing support easier repayment planning and quick access to funds.
A collateral-free personal loan product offers flexible repayment planning, with tenure options ranging from 12 months to 108 months, to reduce monthly instalments and support budgeting for planned and urgent expenses. The product is offered through a fully digital application process with minimal documentation and quick approval, subject to eligibility and verification. It is available to salaried and self-employed individuals, with interest rates varying according to credit profile, eligibility, and repayment behaviour, and terms are communicated upfront to support informed borrowing.
May 20, 2026
Show AI Summary
Toffee exports surge alongside renewed India-Italy trade ties and social media "Melodi" wordplay.
India's toffee exports were reported to have increased sharply over 12 years, rising from Rs 49.68 crore in 2013-14 to Rs 132 crore in 2025-26. The disclosure followed Italian Prime Minister Giorgia Meloni's public thanks for being gifted "Melody" toffees, reviving the "Melodi" wordplay online. The visit was also linked to efforts to strengthen bilateral cooperation in trade, defence, clean energy and technology.
May 20, 2026
Show AI Summary
Prepaid payment instrument authorisation marks RBI-backed entry into regulated digital wallets, prepaid cards, and stored-value payments.
RBI authorisation has been granted to ZikZuk Technologies Private Limited to operate as a Prepaid Payment Instrument issuer under the Payment and Settlement Systems Act, 2007, placing the company under direct regulatory oversight in India's payments ecosystem. The authorisation enables regulated digital payment products, including digital wallets, prepaid cards, and stored-value solutions, within the PPI framework. The reported scope includes General Purpose PPIs, Special Purpose PPIs, and PPIs for Foreign Nationals and NRIs under the UPI One World framework.
May 20, 2026
Show AI Summary
Transatlantic tariff deal secures tariff caps and trade stability amid legal uncertainty over US measures.
The European Union approved a tariff deal with the United States capping tariffs on most EU exports at 15 per cent and reducing tariffs on US industrial goods to zero, after intense internal debate and trilogue negotiations. European lawmakers added protections in case the United States backtracks, while the arrangement was presented as a way to preserve stability in transatlantic trade and provide business certainty. Concerns remained because US courts had questioned the legal basis for certain tariff measures.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

Total exports (merchandise & services) during April 2026 is estimated at US$ 80.80 Billion, as compared to US$ 71.13 Billion during April 2025, an estimated growth of 13.59 %

May 15, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Merchandise exports during April 2026 were US$ 43.56 Billion, as compared to US$ 38.28 Billion during April 2025, registering a positive growth of 13.78%

Non-Petroleum exports during April 2026 valued at US$ 33.97 Billion registered an increase of 9.01% as compared to US$ 31.16 Billion during April 2025

Major drivers of merchandise exports growth in April 2026 include Petroleum Products, Electronic Goods, Engineering Goods, Meat, Dairy & Poultry Products and Drugs & Pharmaceuticals

Petroleum Products exports increased by 34.66 % from US$ 7.12 Billion in April 2025 to US$ 9.59 Billion in April 2026

Electronic Goods exports increased by 40.31 % from US$ 3.69 Billion in April 2025 to US$ 5.18 Billion in April 2026

Engineering Goods exports increased by 8.76 % from US$ 9.52 Billion in April 2025 to US$ 10.35 Billion in April 2026

Meat, Dairy & Poultry Products exports increased by 48.03 % from US$ 0.37 Billion in April 2025 to US$ 0.55 Billion in April 2026

Drugs & Pharmaceuticals exports increased by 7.12 % from US$ 2.49 Billion in April 2025 to US$ 2.66 Billion in April 2026

India’s total exports (Merchandise and Services combined) for April 2026* is estimated at US$ 80.80 Billion, registering a positive growth of 13.59 percent vis-à-vis April 2025. Total imports (Merchandise and Services combined) for April 2026* is estimated at US$ 88.61 Billion, registering a positive growth of 7.67 percent vis-à-vis April 2025.

Table 1: Trade during April 2026*

 

 

April 2026

(US$ Billion)

April 2025

(US$ Billion)

Merchandise

Exports

43.56

38.28

Imports

71.94

65.38

Services*

Exports

37.24

32.85

Imports

16.66

16.91

Total Trade

(Merchandise +Services) *

Exports

80.80

71.13

Imports

88.61

82.29

Trade Balance

-7.81

-11.16

* Note: The latest data for services sector released by RBI is for March 2026. The data for April 2026 is an estimation. (ii) Data for April 2025 has been revised on pro-rata basis using quarterly balance of payments data.

Fig 1: Total Trade during April 2026*

MERCHANDISE TRADE

  • Merchandise exports during April 2026 were US$ 43.56 Billion as compared to US$ 38.28 Billion in April 2025.
  • Merchandise imports during April 2026 were US$ 71.94 Billion as compared to US$ 65.38 Billion in April 2025.

Fig 2: Merchandise Trade during April 2026

  • Non-petroleum and non-gems & jewellery exports in April 2026 were US$ 31.64 Billion compared to US$ 28.66 Billion in April 2025.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April 2026 were US$ 45.87 Billion compared to US$ 39.75 Billion in April 2025.

Table 2: Trade excluding Petroleum and Gems & Jewellery during April 2026

 

April 2026

(US$ Billion)

April 2025 (US$ Billion)

Non- petroleum exports

33.97

31.16

Non- petroleum imports

53.32

44.68

Non-petroleum & Non-Gems & Jewellery exports

31.64

28.66

Non-petroleum & Non-Gems & Jewellery imports

45.87

39.75

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 3: Trade excluding Petroleum and Gems & Jewellery during April 2026

 

SERVICES TRADE

  • The estimated value of services export for April 2026* is US$ 37.24 Billion as compared to US$ 32.85 Billion in April 2025.
  • The estimated value of services imports for April 2026* is US$ 16.66 Billion as compared to US$ 16.91 Billion in April 2025.

Fig 4: Services Trade during April 2026*

 

  • Exports of Other Cereals  (210.19%), Meat, Dairy & Poultry Products (48.03%), Electronic Goods (40.31%), Petroleum Products (34.66%), Handicrafts Excl. Hand Made Carpet (26.21%), Marine Products (14.74%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (13.85%), Iron Ore (11.46%), Oil Seeds (11.32%), Carpet (9.93%), Engineering Goods (8.76%), Coffee (7.51%), Organic & Inorganic Chemicals (7.31%), Drugs & Pharmaceuticals (7.12%), Plastic & Linoleum (5.28%), Man-Made Yarn/Fabs./Made-Ups Etc. (2.34%), Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (0.57%) and Leather & Leather Products (0.36%) record positive growth during April 2026 over the corresponding month of last year.
  • Imports of Chemical Material & Products (-35.4%), Pulses (-29.69%), Pearls, Precious & Semi-Precious Stones (-15.96%), Newsprint (-12.54%), Petroleum, Crude & Products (-10.03%), Wood &  Wood Products (-8.36%), Textile Yarn Fabric, Made-Up Articles (-7.17%), Cotton Raw & Waste (-6.1%), Iron & Steel (-4.71%), Machine Tools (-0.73%) and Pulp And Waste Paper (-0.24%) record negative growth during April 2026 over the corresponding month of last year.
  • Services exports is estimated to grow by 13.36 percent during April 2026* over April 2025.
  • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April 2026 vis a vis April 2025 are Singapore (179.18%), Tanzania Rep (157.63%), Sri Lanka Dsr (214.65%), Bangladesh Pr (64.16%) & Hong Kong (90.61%).
  • Top 5 import sources, in terms of change in value, exhibiting growth in April 2026 vis a vis April 2025 are China P Rp (20.85%), Russia (18.21%), Oman (246.42%), Peru (315.56%) & Saudi Arab (30.29%).

*Link for Quick Estimates

Exim Summery

Topics

Acts Income Tax