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
    Consumer court orders bank to pay Rs 48,400 to woman for failing to refund money of failed ATM transaction
    SEBI reviewing PMS framework; consultations on MF gifting, donations underway
    NEET-UG paper leak fallout: Latur administration orders crackdown on illegal classes and infra
    Estonia to be gateway to northern Europe for India: Indian envoy
    68th Session of the Governing Body Meeting of the Asian Productivity Organisation Concludes in New Delhi
    CBI Arrests CGST Superintendent and Inspector in a Bribery Case
    India and Ethiopia Sign Bilateral Accession Protocol for Ethiopia’s WTO Membership in Geneva
    CTIL and FICCI Organise Conference on India–Europe Trade Partnerships under Next-Generation FTAs
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chairs review meeting at GIFT City, Gandhinagar, in presence of Principal Secre...
    India offers combination of scale, talent and growth opportunities through GIFT city: Sitharaman
    Police file first charge sheet in TCS-Nashik harassment case
    Vibrant Gujarat Regional Conference for central part of state to be held in Vadodara in June
    Govt to get record Rs 2.87 lakh cr dividend from RBI
    Rupee rises 76 paise to close at 95.60 against US dollar
    Eligible voters won't be deleted from electoral rolls, says Maharashtra CEO ahead of SIR
    Tax officials hold awareness programme on new income tax rule
    Awareness programme on Income Tax Act 2025 held in Thane
    India's near-term outlook somewhat clouded by supply-side pressures: RBI Bulletin
    ED arrests Hyderabad 'Ponzi scheme' accused from Gurugram Airbnb property
    Register FIR in missing cases immediately, make anti-human trafficking units functional: SC
❯❯
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 23, 2026
Show AI Summary
Failed ATM transactions trigger bank liability for prompt reversal, delay compensation, and accountability under RBI norms.
Consumer protection jurisprudence concerning failed ATM transactions and the liability of the card-issuing bank to reverse wrongly debited funds promptly. A consumer court found deficiency in service where cash was not dispensed from an ATM but the customer's account was debited, and the amount remained unreversed for several months despite repeated complaints. RBI norms require reversal within five days and provide compensation for delay, with accountability placed on the card-issuing bank even when the withdrawal was attempted at another bank's ATM.
May 23, 2026
Show AI Summary
Portfolio management and mutual fund payment reforms take shape as SEBI weighs calibrated relaxation and donation routes.
SEBI is reviewing the Portfolio Management Services framework and plans a consultation paper on reforms to revive growth. It is also examining calibrated relaxation of mutual fund third-party payment restrictions under anti-money laundering norms, including clean and auditable routes for employer salary deductions and commission payments through mutual fund units, while keeping redemption proceeds and dividends confined to verified bank accounts. The regulator is further considering charitable donations through mutual funds and possible simplification measures for overseas investors.
May 23, 2026
Show AI Summary
Illegal coaching and commercial misuse of industrial sheds triggers a crackdown on unauthorised premises use.
District administration directed an immediate crackdown on illegal coaching classes and related commercial activities operating from industrial sheds and plots in the Latur Industrial Estate. The District Industries Centre ordered closure of unauthorised uses of premises leased for manufacturing purposes, including private coaching centres, hostels, mess facilities, hotels, study rooms and book centres, and warned of strict legal action if the directions were not implemented immediately.
May 23, 2026
Show AI Summary
India-EU free trade deal may turn Estonia into a gateway for northern European market access and digital business growth.
India's proposed free trade arrangement with the European Union is expected to make Estonia a gateway to northern European markets and deepen commercial engagement. The existing trade base is described as a springboard for wider access, with opportunities for small and medium-sized industries, digital technologies, IT, AI-enabled services and software as a service. Estonia's e-residency programme, ports and EU membership are also presented as facilitating Indian business participation and broader market reach.
May 23, 2026
Show AI Summary
APO Vision 2030 drives governance reform, digital transformation and productivity-led growth across member economies.
The Governing Body Meeting focused on APO Vision 2030, governance priorities, institutional performance measures, budgetary planning, compliance, capacity building and productivity-led growth. Member economies also reaffirmed cooperation on digital transformation, sustainable development, innovation and AI-driven productivity enhancement under the GAIA initiative, while the APO Accreditation Body's role in accrediting certification bodies for productivity specialists was highlighted.
May 23, 2026
Show AI Summary
Bribery in GST compliance alleged as CBI arrests officials for demanding payment to resolve Input Tax Credit mismatch.
CBI arrested a CGST Superintendent and Inspector in a bribery case involving a demand for undue advantage to resolve an Input Tax Credit mismatch and a threat to block the complainant's GST registration. A trap was laid and the accused were caught red-handed while accepting part payment of the bribe. Searches were conducted at the office and residential premises of the accused public servants, and investigation is continuing.
May 23, 2026
Show AI Summary
World Trade Organization accession protocol advances Ethiopia's integration into the multilateral trading system with India's support.
India and Ethiopia signed a bilateral accession protocol in Geneva in connection with Ethiopia's accession to the World Trade Organization, and the protocol and annexes were deposited with the WTO Secretariat. The release states that the accession process involves aligning domestic economic and trade policies with WTO rules and negotiating market-access commitments with existing members. Ethiopia was described as being at an advanced stage of accession, with its Working Party having met for the seventh time in April 2026.
May 23, 2026
Show AI Summary
Trade compliance and market access drive India-Europe partnership discussions under next-generation free trade agreements.
India-Europe trade partnerships under next-generation free trade agreements were discussed with emphasis on stronger standards infrastructure, testing and certification capacity, digital compliance tools, and institutional mechanisms to address non-tariff barriers in European markets. The conference examined market access, regulatory compliance, services trade, digital economy engagement, and the implications of the Carbon Border Adjustment Mechanism for Indian industry, while noting the need for industry awareness, capacity building, and preparedness to use trade agreements effectively.
May 23, 2026
Show AI Summary
GIFT City's international financial ecosystem review highlights sectoral growth, regulatory agility and infrastructure needs.
GIFT City's progress and evolving international financial services ecosystem were reviewed in a high-level meeting focused on strengthening its position as a globally competitive international financial and business hub. The discussion covered sectoral development across banking, capital markets, fund management, insurance and reinsurance, aircraft and ship leasing, fintech, bullion exchange, international education and allied services, along with infrastructure development, talent ecosystem, ease of doing business, taxation framework and residential ecosystem.
May 22, 2026
Show AI Summary
GIFT City's global financial ecosystem gains focus through banking, fintech, leasing and infrastructure expansion.
India's GIFT City was presented as a strategic international financial services centre combining scale, technology, talent and growth opportunities, with a role in deepening integration with global financial markets and facilitating international capital flows through globally benchmarked institutional frameworks, regulatory agility and a supportive ecosystem. The review meeting focused on strengthening its global financial ecosystem through expansion of banking, fintech, insurance, fund management, GCCs, aircraft leasing and ship leasing activities, together with infrastructure development, global connectivity, ease of doing business, talent attraction and future-ready social infrastructure.
May 22, 2026
Show AI Summary
Sexual harassment and religious conversion allegations trigger charge sheet with conspiracy, rape and harassment offences.
Police filed the first charge sheet in a case involving allegations of sexual harassment, exploitation and religious conversion at a TCS unit in Nashik. The Special Investigation Team submitted a 1,500-page charge sheet against four accused persons, with the case linked to nine FIRs and multiple arrests. The charge sheet invokes offences under the Bharatiya Nyaya Sanhita and the Scheduled Castes/Scheduled Tribes (Prevention of Atrocities) Act, and relies on WhatsApp chat screenshots and seized email trails.
May 22, 2026
Show AI Summary
Regional investment promotion in central Gujarat will spotlight manufacturing, exports, tourism, and high-growth industrial sectors in Vadodara.
The Vibrant Gujarat Regional Conference for central Gujarat is scheduled to be held in Vadodara in the last week of June, with the region covering Ahmedabad, Gandhinagar, Vadodara, Anand, Kheda, Panchmahal, Dahod, Chhotaudepur, Narmada and Mahisagar districts. The release describes central Gujarat as a major manufacturing and export hub, with strengths in transport equipment, auto components, pharmaceuticals, electrical equipment and industrial projects such as Dholera and Mandal-Becharaji.
May 22, 2026
Show AI Summary
Reserve Bank surplus transfer and contingency risk buffer management shape a record dividend to the government.
The Reserve Bank approved a record surplus transfer to the Central Government for FY 2025-26, driven by higher net income, balance-sheet expansion and the revised Economic Capital Framework. The framework allows the Contingent Risk Buffer to be maintained within 4.5 per cent to 7.5 per cent of the balance sheet, and the Central Board increased the buffer transfer before approving the surplus transfer. The dividend forms a major part of non-tax revenue and is linked to macroeconomic risks, buffer management and financial performance.
May 22, 2026
Show AI Summary
Rupee strength gains support from softer crude, easing yields and Reserve Bank market intervention amid geopolitical uncertainty.
The rupee strengthened for a second straight session against the US dollar, supported by softer crude oil prices, easing US Treasury yields, positive domestic equities and market comfort from constructive diplomatic signals linked to the Iran situation. Traders also cited supposed Reserve Bank of India intervention, including market activity connected with a USD-INR buy-sell swap, while commentary noted that the rupee remained supported by lower imported commodity prices and reduced dollar strength. The central bank also reported a decline in forex reserves during the week ended May 15.
May 22, 2026
Show AI Summary
Special intensive revision of electoral rolls keeps eligible voters on the rolls while allowing document checks for anomalies.
Special Intensive Revision of electoral rolls in Maharashtra will follow a scheduled house-to-house and form-based verification process under Election Commission guidelines. Eligible voters will not be deleted from the rolls, while mapped voters need not submit documents and unmapped or anomalous entries must provide them. Booth-level officers will distribute and collect enumeration forms, draft rolls will be published for claims and objections, and final rolls will follow the notified timeline. Aadhaar may be used as identity proof, but not as proof of citizenship.
May 22, 2026
Show AI Summary
Tax law simplification and voluntary compliance highlighted in outreach programme on the new income tax regime.
Tax authorities organised an awareness programme under the nationwide outreach campaign "PRARAMBH 2026" to familiarise taxpayers and stakeholders with the New Income-tax Act, 2025 and the Income-tax Rules, 2026. The programme highlighted simplification of tax laws, trust-based governance, decriminalisation of selected provisions, timely taxpayer services and data-driven NUDGE campaigns to encourage voluntary compliance.
May 22, 2026
Show AI Summary
Taxpayer awareness on the new tax regime highlighted Tax Year, return filing, and TDS/TCS compliance provisions.
A taxpayer awareness and outreach programme was conducted to familiarise stakeholders with the provisions of the Income Tax Act, 2025. The sessions highlighted the new Tax Year concept, return filing framework, and TDS/TCS provisions, with the stated aim of reducing compliance burdens and improving taxpayer convenience. An interactive question-and-answer session addressed implementation queries and supported stakeholder engagement.
May 22, 2026
Show AI Summary
Supply-side pressures cloud India's near-term outlook as inflation spillovers, trade disruptions and external headwinds warrant close monitoring.
India's near-term outlook is described as resilient but clouded by supply-side pressures linked to the West Asia conflict, with inflationary spillovers requiring monitoring. Domestic demand remains the main growth driver, while the external sector faces pressure from crude oil prices, capital flows and a wider merchandise trade deficit. The economy is said to be cushioned by robust services exports, positive net FDI flows, foreign exchange reserves and policy measures. High-frequency indicators showed mixed trends, including e-way bill growth, fuel consumption changes and higher electricity demand.
May 22, 2026
Show AI Summary
Money laundering investigation leads to arrest of alleged investment fraud accused from Gurugram after prolonged evasion.
Enforcement Directorate arrested the prime accused in the Heera Group-linked alleged investment fraud from an Airbnb property at Gurugram during a joint operation with Haryana Police. The agency said she was living under a fake identity using forged Aadhaar documents and was apprehended with an associate. She was taken to Hyderabad and produced before a special PMLA court, which remanded her to judicial custody. The ED also referred to asset attachment, auction of properties for victim restitution, and alleged obstruction of auction proceedings.
May 22, 2026
Show AI Summary
Missing person FIRs require immediate registration, with kidnapping and trafficking provisions applied from the outset.
Police authorities must immediately register FIRs in missing person cases without waiting for a preliminary inquiry, and the FIR must include the relevant kidnapping and trafficking provisions. Missing child cases are to be treated from the outset on a presumption of kidnapping or abduction, while anti-human trafficking units must be made fully functional and supported by an all-India police grid with a dedicated human trafficking portal.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

HIGHLIGHTS

May 25, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, May 25 (PTI) Following are the top stories at 9.15 pm: NATION DEL88 JK-GONDOLA - 4TH LD TOURISTS (9.12 PM)

Over 300 tourists rescued in 7-hr operation after Gulmarg Gondola malfunctions amid heavy rain Srinagar: Over 300 tourists were left stranded mid-air for hours inside 65 cabins of the famous Gulmarg Gondola cable car after a major technical snag halted Asia's highest ropeway, causing panic among the holidayers before they were rescued.

DEL82 RUBIO-RACISM-LD-ROW (8.23 PM)

Rubio downplays anti-India rhetoric row, says Trump is a 'big fan' of Modi New Delhi: President Donald Trump is a big fan of India and Prime Minister Narendra Modi, US Secretary of State Marco Rubio said on Monday, seeking to dismiss allegations of rising anti-India rhetoric in the US.

DEL79 WASIA-IRAN-MISRI (8.13 PM)

Iran's deputy foreign minister dials Misri to discuss West Asia situation New Delhi: Iran's Deputy Foreign Minister Majid Takht Ravanchi dialled Foreign Secretary Vikram Misri on Monday and is believed to have apprised him of Tehran's negotiations with Washington to end the ongoing crisis in West Asia.

DEL74 LDALL-RUBIO ENGAGEMENTS (7.45 PM)

Rubio visits Taj Mahal, Amber Fort ahead of Quad meeting Agra/Jaipur/New Delhi: US Secretary of State Marco Rubio on Monday visited the Taj Mahal in Agra and the Amber Fort in Jaipur along with his wife Jeanette Rubio and US Ambassador to India Sergio Gor ahead of the crucial Quad foreign ministers' meeting on Tuesday.

DEL71 CBSE-PAPER-LD MISMATCH (7.25 PM)

Students raise fresh concerns over CBSE OSM system, claim answer sheet mismatch New Delhi: Amid growing complaints over glitches and discrepancies in the CBSE re-evaluation process, some Class 12 students have alleged that the scanned copies of their answer sheets uploaded by the board did not match their handwriting, raising concerns over possible answer-sheet mismatch in the On Screen Marking (OSM) system.

DEL83 MEA-JAISHANKAR-MOTEGI (8.39 PM)

EAM Jaishankar holds talks with Japanese counterpart Motegi New Delhi: External Affairs Minister S Jaishankar and his Japanese counterpart Motegi Toshimitsu on Monday held wide-ranging talks focusing on economic fallout of the West Asia crisis in view of disruptions in energy supply chains.

CAL52 AS-BHUTAN-LD PM (8.54 PM)

Bhutan PM discusses regional cooperation issues with Assam governor, CM Guwahati: Bhutan Prime Minister Dasho Tshering Tobgay met Assam governor and chief minister on Monday, and discussed with them ways to enhance cooperation with India's northeastern region.

DEL80 PADMA-LD AWARDS (8.13 PM)

President confers 66 Padma Awards; actor Dharmendra, violinist N Rajam honoured New Delhi: President Droupadi Murmu on Monday conferred the Padma Vibhushan on Bollywood actor Dharmendra posthumously and classical musician and violinist N Rajam at a Civil Investiture Ceremony at the Rashtrapati Bhavan here.

DEL87 AVI-DGCA-EBOLA ADVISORY (9.10 PM)

Ebola scare: DGCA asks airlines make in-flight announcements, take other measures New Delhi: In the wake of the Ebola outbreak in certain parts of Africa, aviation watchdog DGCA has asked airlines to implement various measures, including making in-flight announcements and mandatory filing of self-declaration forms from passengers originating or transiting through the affected countries.

DEL67 CONG-LD FUEL HIKE (6.57 PM)

'Mehangai manav' strikes again: Congress slams PM on fuel hike New Delhi: The Congress on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, with Rahul Gandhi alleging that the "mehangai manav" has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

DEL32 DL-KEJRIWAL-FUEL PRICE (3.07 PM)

Why PM Modi not buying cheap oil from Russia & Iran, asks Kejriwal New Delhi: After petrol and diesel prices were increased for the fourth time in less than two weeks on Monday, AAP national convenor Arvind Kejriwal questioned Prime Minister Narendra Modi over the Centre not buying fuel from Russia and Iran.

DEL18 CBI-TWISHA (12.08 pm)

CBI set to take over Twisha Sharma probe, team sent to Bhopal New Delhi: The CBI is set to take over the investigation into the death of Twisha Sharma, who was found hanging at her marital home in Bhopal's Katara Hills area on May 12, officials said on Monday.

LEGAL LGD30 SC-LD TWISHA SHARMA (12.36 PM)

Twisha Sharma death: 'Pained' by narrative that judiciary was shielding accused, says SC New Delhi: Observing that it was "pained" by the narrative that the judiciary was shielding the accused, the Supreme Court on Monday said it would ensure a fair, independent, and impartial CBI probe into the death of former model-turned-actor Twisha Sharma.

LGD47 SC-LD NEET (5.31 PM)

NEET paper leak: NTA has not learnt lessons, says SC; issues notices on pleas New Delhi: It's sad that the NTA has not learnt lessons from the earlier NEET paper leak, the Supreme Court said on Monday as it sought the response of the Centre, NTA and CBI on pleas for the replacement of the testing agency with a robust and autonomous body to conduct the medical entrance exam.

BUSINESS DEL76 BIZ-LDALL PETROL-PRICE-HIKE (7.59 PM)

Petrol, diesel prices hiked for 4th time in 11 days; petrol tops Rs 100 across most cities New Delhi: Petrol prices were raised by Rs 2.61 a litre and diesel by Rs 2.71 on Monday, the fourth increase in less than two weeks that extended a delayed pass-through of soaring global crude oil costs triggered by the Iran conflict.

DEL75 BIZ-SITHARAMAN-CRUDE PRICES (7.48 PM)

Govt forwent Rs 1 lakh cr via excise duty cuts to shield consumers from fuel inflation: FM Mumbai: Finance Minister Nirmala Sitharaman on Monday said the government had foregone more than Rs 1 lakh crore annually in tax revenues through excise duty cuts on petrol and diesel to shield consumers from fuel inflation triggered by the West Asia conflict, while defending the latest retail fuel price hikes as market-driven revisions by oil marketing companies responding to soaring global crude oil prices.

FOREIGN FGN27 US-TRUMP-IRAN (8.13 PM)

Trump says Iran talks progressing 'nicely', asks mediators to join Abraham Accords Washington: US President Donald Trump on Monday said negotiations with Iran to end the war were progressing "nicely", but officials pointed out that a final decision may take some time due to the complex communication networks Tehran deploys to consult with its supreme leader. By Sagar Kulkarni

FGN6 AUS-IND-WONG (9.29 AM)

Australia’s Foreign Minister Penny Wong to visit India to attend Quad meet Canberra: Australia's Minister for Foreign Affairs Penny Wong is set to travel to India on Monday to attend the Quad Foreign Ministers’ Meeting and deliberate on "shared interests", including maritime security and critical minerals.

PTI SHS

Topics

Acts Income Tax