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 aims to reach 155 GW of installed wind energy capacity by 2035: Union minister
    Exports register 6-month high growth of 18 pc in May; trade deficit widens to USD 28.21 bn
    Horizon: Pioneering the Future of Elevated Residential Hospitality
    Finalising NFL's tender to import 17 lakh tn urea; stock comfortable for Kharif season: Govt
    US Trade Representative to hold trade pact talks with Goyal next week
    SC to hear tomorrow plea seeking strict use of Aadhaar only as identity proof
    Wholesale inflation hits record high of 9.68 pc in May as fuel costs spike
    Rupee rises 47 paise to settle at 94.71 against US dollar
    AU Small Finance Bank Strengthens Customer-First Approach to Its Credit Card Range
    Exports up 18 pc to USD 45.2 bn in May
    Delhi's role important in showing efficiency, accessibility of digital governance: LG
    Kerala: ED questions CMRL MD''s daughter in money laundering probe
    WPI inflation rises to 9.68 pc in May as fuel, food, manufactured items see price spike
    TMC MP Abhishek Banerjee appears before ED for questioning in primary school jobs case
    More steps likely to attract foreign capital: Sitharaman
    India, UK discuss collaboration in tech, research, startups
    Rupee rises 58 paise to 94.60 against US dollar in early trade
    Goa Congress urges Sebi to withhold listing of Vedanta Iron and Steel Ltd
    Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman
    2 arrested for operating fake common service centre, online fraud in Meerut
❯❯
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
June 15, 2026
Show AI Summary
Wind energy capacity expansion and supply chain transparency drive India's domestic manufacturing and export competitiveness.
India's wind energy sector is being positioned for rapid capacity expansion, with the stated target of reaching 100 GW of installed wind capacity by 2030 and 155 GW by 2035. The sector has already crossed 56.1 GW of installed capacity and added a record 6.1 GW in FY 2025-26, while stakeholders have identified more than 100 GW as necessary for an affordable and sustainable energy transition. The industry is also described as supporting the broader Atmanirbhar Bharat objective through a resilient domestic supply chain and increasing manufacturing capability.
June 15, 2026
Show AI Summary
Exports and imports data show higher trade deficit amid strong export growth and rising petroleum-driven imports.
Exports rose to a six-month high in May, while imports also increased, causing the trade deficit to widen on a year-on-year basis even though it eased slightly from April. Export growth was driven by electronic goods, petroleum products, engineering items and pharmaceuticals. For April-May 2026-27, exports and imports both recorded double-digit growth, leaving a larger cumulative trade deficit. Gold and crude oil imports rose sharply during the period, while exports to West Asia remained close to the previous year's level despite regional disruption.
June 15, 2026
Show AI Summary
Luxury residential hospitality redefined through a private rooftop restobar, resident-exclusive experiences, and integrated lifestyle ecosystems.
Luxury residential development is being repositioned around experience-led amenities rather than apartment size alone, with Horizon introduced as a private rooftop restobar at the crown of Raheja Imperia-I in Worli. The concept is presented as a resident-exclusive social destination on the 60th floor, designed to enhance privacy, prestige and lifestyle value within a residential address. The project is also described as part of a broader portfolio strategy centred on integrated lifestyle ecosystems and collaboration with a hospitality operator.
June 15, 2026
Show AI Summary
Fertiliser supply security remains comfortable as government finalises urea imports and reviews Kharif-season availability.
The government said it is finalising imports of 17 lakh tonnes of urea to strengthen domestic supply while maintaining that fertiliser availability for the ongoing Kharif season remains comfortable. The Department of Fertilizers said stocks are above the usual level, domestic production and imports have supplemented supply after the West Asia crisis, and more than 50 lakh tonnes of urea and P&K fertilisers have been secured from multiple countries. The department also said subsidy bills are being paid weekly and adequate budget support is available.
June 15, 2026
Show AI Summary
India-US trade talks advance as both sides seek to finalise an interim framework amid shifting tariff conditions.
Interim India-US trade agreement discussions are scheduled to continue, with talks centred on finalising the framework deal and advancing the broader bilateral trade agreement. The framework covers trade in goods, non-tariff measures, customs and trade facilitation, economic security alignment and related areas of mutual interest. The article also notes that changes in the US tariff landscape may require recalibration of the agreement, while Section 301 investigations and a proposed tariff measure linked to forced labour remain under consideration.
June 15, 2026
Show AI Summary
Aadhaar identity proof dispute seeks limits on its use for citizenship, address and voter registration verification.
A public interest plea seeks directions to ensure that Aadhaar is used strictly as proof of identity and not as proof of citizenship, domicile, residential address or date of birth. The petition invokes the Aadhaar Act, the Representation of the People Act and Article 14 to challenge Aadhaar-based verification in new voter registration forms, and alleges that the existing electoral verification mechanism is inadequate. It also seeks a comprehensive overhaul of the framework and a monitoring committee to oversee reforms.
June 15, 2026
Show AI Summary
Wholesale price inflation and producer price indices show energy shocks, a revised index base, and a shift toward PPI tracking.
Wholesale price inflation rose to a record high in May, driven mainly by sharp increases in fuel and power costs and other energy-linked inputs. The government revised the wholesale price index base year to 2022-23, expanded the WPI basket, and released producer price indices for the first time, including services PPI for selected service sectors. The stated objective is to track output and input price movements and gradually replace WPI data with PPI in line with global practice.
June 15, 2026
Show AI Summary
Rupee appreciation gains support from softer crude, weaker dollar and improved risk sentiment after the US-Iran deal.
Rupee appreciation in the foreign exchange market was driven by improved global risk sentiment after a US-Iran deal eased geopolitical tensions and pushed down crude oil prices. A weaker US dollar, lower treasury yields and a sharp rise in domestic equity markets also supported the local currency, with traders noting that softer energy prices may ease inflation pressure and improve external balance conditions.
June 15, 2026
Show AI Summary
Credit card disclosure and payment flexibility shape AU Small Finance Bank's customer-first card range.
AU Small Finance Bank's credit card range is structured around customer-first features, variant-specific rewards and spending patterns, with clear disclosure of interest rates, finance charges and fees. The cards offer multiple bill payment channels, including mobile banking, net banking, BBPS, UPI, NEFT, IMPS, auto-pay and assisted digital channels. Card benefits, eligibility, issuance, charges and terms remain subject to the cardholder agreement, internal policy and periodic review.
June 15, 2026
Show AI Summary
Merchandise exports rise as imports climb further, widening the trade deficit in May.
Merchandise exports increased in May, while imports also rose, resulting in a larger trade deficit. Commerce ministry data showed exports at USD 45.2 billion and imports at USD 73.41 billion for the month. For April-May 2026-27, merchandise exports rose to USD 88.91 billion, reflecting growth over the corresponding period of the previous year.
June 15, 2026
Show AI Summary
Digital governance and Aadhaar access are highlighted as key tools for making public services more efficient and inclusive.
Digital governance in Delhi should demonstrate efficiency, inclusivity and accessibility, with institutions adapting to rising expectations for transparency and service delivery. An Aadhaar Seva Kendra was inaugurated to improve access to Aadhaar enrolment, biometric updates and related services. The availability of operational Aadhaar centres is part of the broader effort to make governance more accessible and transparent for residents.
June 15, 2026
Show AI Summary
Money laundering probe over alleged suspicious payments and loans linked to CMRL and associated entities.
Enforcement Directorate questioning was undertaken in connection with a money laundering probe involving Cochin Minerals and Rutile Limited, its associated entities, and persons linked to the Kartha family and Veena Vijayan. The probe concerns allegations that CMRL made payments to Exalogic Solutions Private Limited without receiving services in return and that related lending transactions were extended despite alleged repayment defaults. The agency has alleged that these dealings generated proceeds of crime and registered the case under the Prevention of Money Laundering Act.
June 15, 2026
Show AI Summary
Wholesale price inflation surges as fuel, food and manufactured goods costs rise amid global energy pressures.
Wholesale price inflation rose to 9.68 per cent in May, driven by higher fuel and power, manufactured products, and food articles. The WPI inflation data was released with the base year revised to 2022-23 from 2011-12. Retail inflation also increased, while the Reserve Bank of India continued to focus on consumer price inflation for monetary policy and raised its inflation projection for the current fiscal year because of higher global energy prices and mounting input costs.
June 15, 2026
Show AI Summary
PMLA money trail scrutiny drives questioning in the primary school recruitment probe, with financial records and digital evidence cross-checked.
Enforcement Directorate questioning in a PMLA probe into alleged irregularities in primary school recruitments focused on tracing the alleged proceeds of crime and the movement of funds through accounts and entities. The interrogation was to be videographed and cross-checked against financial documents, digital records and statements of other accused persons, with clarification sought on inconsistencies between earlier submissions and materials recovered during searches.
June 15, 2026
Show AI Summary
Foreign capital inflows get tax and forex support through RBI swap facilities and concessional borrowing measures.
Measures to attract foreign capital included tax exemptions for foreign investors in government securities and RBI-backed swap facilities for banks and public sector undertakings. The framework allowed banks access to the FCNR(B) swap facility for currency risk management and offered a concessional forex swap facility to encourage external commercial borrowings, with currency hedging borne by the RBI as part of a calibrated approach to support market inflows.
June 15, 2026
Show AI Summary
India-UK collaboration in innovation and technology advances alongside talks on trade pact implementation challenges.
India and the UK discussed strengthening bilateral collaboration in innovation, technology, research, startups, and emerging technologies. The meeting also covered issues linked to implementation of the free trade agreement, including British steel safeguard measures that have created obstacles to operationalising the pact.
June 15, 2026
Show AI Summary
Rupee appreciation gains strength as softer crude, weaker dollar and easing energy tensions support the currency market.
The rupee strengthened in early interbank trade on the back of softer global crude prices, a weaker US dollar and firm domestic equity markets. Forex traders linked the appreciation to easing energy market pressure after the US and Iran finalised a peace deal expected to reopen the Strait of Hormuz and reduce global oil supply disruption concerns. Market commentary suggested an appreciating bias, while the broader context also noted net foreign institutional selling and a decline in India's forex reserves reported by the RBI.
June 14, 2026
Show AI Summary
Disclosure obligations under LODR are challenged over alleged non-disclosure of contingent liability in a demerger listing.
Sebi was urged to withhold the listing of Vedanta Iron and Steel Ltd. pending full disclosure of an alleged contingent liability linked to Goa iron ore mining operations. The complaint alleged that Vedanta Ltd. failed to disclose the liability in demerger documents and stock exchange filings, raising possible breaches of LODR disclosure obligations concerning material information and contingent liabilities. The request also sought a show-cause notice, a bank guarantee in favour of the Goa government, and an independent inquiry into the demerger scheme.
June 14, 2026
Show AI Summary
Rupee volatility and forex management are driven by global factors, while RBI intervenes only to curb excessive market swings.
Rupee-dollar fluctuations are driven by multiple global and domestic factors, including geopolitical uncertainty, foreign capital movements and import dependence on crude oil, fertilisers and gold. The Reserve Bank of India intervenes only to curb excessive volatility and stabilise the market temporarily, not to maintain a fixed exchange rate. The finance minister also linked exchange rates to global currency movements, foreign investment flows and foreign exchange management needs.
June 14, 2026
Show AI Summary
Fake identity documents and bank accounts allegedly used to run online fraud through a forged common service centre operation.
Alleged operation of a fake Common Service Centre and use of forged identity documents for opening bank accounts and facilitating online frauds. The activity was said to involve fake seals, fabricated records, debit and credit cards, mobile phones, and online payment platforms for illegal gains. A complaint linked to one bank account had earlier been registered on the National Cyber Crime Reporting Portal, and a case was registered under relevant provisions of the Bharatiya Nyaya Sanhita, the Information Technology Act and the Aadhaar Act.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs & Trade

Trump expected to announce $700 million in new support for struggling coal industry

June 4, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Washington, Jun 4 (AP) President Donald Trump is again seeking to boost the struggling US coal industry, with an announcement expected Thursday to spend nearly $700 million to support coal-fired power plants and coal exports.

A White House official said the administration will use authority under a Cold War-era national defense law to support 13 coal plants across the country and help build coal plants in Alaska and West Virginia — the first new US coal plants since 2013. The money will also help restart a coal-fired power plant in Maryland and support construction of a long-delayed coal export terminal in Oakland, California.

Together, the announcements will support or create more than 14,000 jobs in coal, construction, rail and maritime industries, a White House official said. The official spoke on condition of anonymity because they were not authorized to discuss the details ahead of Trump's expected announcement later Thursday at the White House.

Trump is expected to be joined Thursday by Interior Secretary Doug Burgum, Energy Secretary Chris Wright and Environmental Protection Agency Administrator Lee Zeldin.

The announcement is the latest step by Trump to try to reverse the years-long decline in the US coal industry. The administration said last fall it will open 13 million acres of federal lands for coal mining and provide $625 million to recommission or modernize coal-fired power plants. Trump issued executive orders soon after retaking office to try to revive coal, a reliable but polluting energy source that's long been shrinking amid environmental regulations and competition from cheaper natural gas.

Bloomberg News first reported the new funds for coal.

Under Trump's orders, the Energy Department has required fossil-fueled power plants in Michigan, Indiana, Colorado and Washington state to keep operating past their retirement dates to meet rising US power demand amid growth in data centers, artificial intelligence and electric cars.

The Energy Department has extended short-term orders to allow those efforts to continue, and has ordered oil and gas-fired plants in Maryland and Pennsylvania to run past scheduled retirement dates.

Wright has said the administration's use of emergency orders to keep aging coal-fired plants operating helped prevent major blackouts during brutally frigid weather that gripped most of country in late January and early February.

Environmental groups denounced the latest effort to boost coal, which comes as the Trump administration has clamped down on renewable energy, including freezing permits for offshore wind projects, ending clean energy tax credits and blocking wind and solar projects on federal lands.

“Propping up coal billionaires with taxpayer money is one more way for the Trump administration to put polluters first and put the rest of us at risk," said Kit Kennedy, managing director for power at the Natural Resources Defense Council. “What's next, a taxpayer bailout to build new phone booths?” Trump's order will result in higher electricity bills and dirtier air, Kennedy and other critics said. “The best thing for the air, the climate and our utility bills is to let these plants retire peacefully," she said.

Coal once provided more than half of US electricity production, but its share dropped to about 15% in 2024, down from about 45% as recently as 2010. Natural gas provides about 43% of US electricity, with the remainder from nuclear energy and renewables such as wind, solar and hydropower.

US coal exports dropped during the first year of Trump's second term, largely due to less coal being shipped to China after it imposed reciprocal tariffs on American products last year in response to broad tariffs announced by Trump, according to the Energy Information Administration. Global coal demand rose to record levels in recent years but is expected to flatten or decline in coming years, according the International Energy Agency.

It's hard for US companies to expand into new markets because there are plentiful reserves of coal around the globe.

Trump is expected to invoke the Defense Production Act, a 1950 law that grants presidents wide authority over national security-related industries. (AP) AMS

Topics

Acts Income Tax