Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
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.
RelevanceDefaultDate
    RBI announces slew of measures to boost foreign capital flow
    India's economic situation strong, new measures to attract higher capital inflows: RBI Guv Malhotra
    In a major reform, Government announces measures to deepen G-Sec market and facilitate greater Foreign Portfolio Investment (FPI) in equity segment
    Stock markets hold on to gains post RBI policy, measures to support rupee
    Forex reserve at healthy USD 682 bn, adequate to provide import cover for 11 months: RBI Guv
    RBI holds interest rates as oil shock clouds outlook; unveils measures to support rupee
    RBI raises FY27 inflation to 5.1 pc as higher fuel price impacts input costs
    FREQUENTLY ASKED QUESTIONS (FAQs) ON FIIs EXEMPTION
    FREQUENTLY ASKED QUESTIONS (FAQs) ON BIS EXEMPTION
    Govt issues Ordinance to exempt foreign investments in G-secs from capital gains tax
    Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision
    RBI lowers FY27 GDP forecast to 6.6 pc on concerns over West Asia conflict
    Govt exempts foreign investments in G-secs from capital gains tax, issues Ordinance
    Rupee rises 11 paise to 95.63 against US dollar ahead of RBI policy decision
    Stock markets climb in early trade ahead of RBI's monetary policy decision
    ED arrests Chhattisgarh man in Raipur-Visakhapatnam Economic Corridor land compensation 'scam'
    UK Parliament debates steel import restrictions delaying India FTA
    Trump expected to announce $700 million in new support for struggling coal industry
    India, US reaffirm commitment to conclude mutually beneficial trade pact
    Maruti Suzuki unveils India's first flex-fuel car as govt pushes for greater ethanol mix in petrol
❯❯
MaximizeMaximizeMaximize
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 SummariesHide All Summaries
    June 5, 2026
    Show AI Summary
    Foreign capital access expands as investment limits ease, government securities widen and hedging support is extended for overseas borrowing.
    Foreign capital inflows are being encouraged through wider access to government securities and equity instruments, along with the removal of several investment restrictions for overseas investors. The basket of specified government securities under the Fully Accessible Route is being expanded to include all new issuances of 15-year, 30-year and 40-year tenor G-secs, while short-term investment, concentration and individual security limits for Foreign Portfolio Investors under the General Route are being removed. Investment limits for Non-Resident Indians and Overseas Citizens of India in listed equity instruments are also being raised, and the facility is extended to all individual Persons Resident Outside India.
    June 5, 2026
    Show AI Summary
    Capital inflows and inflation outlook shape RBI policy, with rates unchanged and outflow restrictions ruled out.
    The Reserve Bank of India said India's economic situation remains strong and that recent policy measures are expected to support higher capital inflows and a healthy balance of payments. No target has been set for inflows, and no measure is under consideration to restrict capital outflows. The 4 per cent inflation target remains operative, while the central bank said it would raise rates only if inflation becomes persistent and generalised.
    June 5, 2026
    Show AI Summary
    Foreign investment liberalisation expands equity access, revises G-Sec investment rules, and exempts certain G-Sec income from tax.
    Foreign investment in Indian capital markets is being liberalised through measures intended to deepen the G-Sec market, expand access for individual Persons Resident Outside India and Foreign Portfolio Investors, and reduce operational and compliance frictions. Individual PROIs will be permitted to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme, with the individual investment cap raised from 5% to 10% in any company and the aggregate cap for all individual PROIs raised from 10% to 24%. The Foreign Exchange Management (Non-Debt Instruments) (Third Amendment) Rules, 2026 are being notified to implement this framework.
    June 5, 2026
    Show AI Summary
    Rupee support measures: RBI holds repo rate steady and offers tax, swap, and hedging incentives for foreign inflows.
    The Reserve Bank of India kept the policy repo rate unchanged at 5.25 per cent and maintained a neutral stance while announcing measures to attract foreign capital and support the rupee. The package removed tax on interest income and capital gains for eligible foreign investors in government securities, broadened access to sovereign bonds under the foreign investment route, and provided concessional foreign-currency swap and hedging support for specified overseas borrowing and non-resident deposit arrangements.
    June 5, 2026
    Show AI Summary
    Foreign exchange reserves remain a strong buffer, with policy support aimed at orderly market conditions and balance of payments stability.
    Foreign exchange reserves were described as healthy at USD 682.3 billion, with import cover of about 11 months and external debt coverage of 89.1 per cent. The reserves were presented as a strong buffer against external shocks, alongside the Reserve Bank's readiness to use regulatory and market-based instruments to preserve orderly market conditions if required. Policy support for the balance of payments was linked to measures such as trading partner agreements, full foreign direct investment in insurance, energy transition initiatives, easing of foreign direct investment restrictions, and liberalisation of the external commercial borrowing framework.
    June 5, 2026
    Show AI Summary
    Neutral monetary stance and capital-inflow measures support the rupee amid inflation and growth risks
    Monetary policy remained unchanged as the Monetary Policy Committee kept the benchmark repo rate at 5.25 per cent and continued with a neutral stance, while adopting a data-dependent approach in view of elevated global risks. The Reserve Bank lowered its growth projection for the year and revised inflation expectations upward, while cautioning that energy shocks and supply pressures could feed into wages and inflation expectations. Measures were also announced to attract foreign capital and support the rupee, including tax relief for eligible foreign investors in government securities, concessional foreign-exchange swaps, and subsidised hedging costs for fresh FCNR(B) deposits.
    June 5, 2026
    Show AI Summary
    Inflation outlook rises as higher energy prices and input costs increase pressure on consumer price inflation.
    Reserve Bank projected retail inflation for 2026-27 at 5.1 per cent, revising the earlier estimate upward because higher global energy prices are being passed through to petrol, diesel and other input costs. The statement said higher fuel prices are having a direct effect on headline inflation, with second-round effects likely to add further upward pressure on CPI inflation in the coming months.
    June 5, 2026
    Show AI Summary
    FII taxation on Government Securities is proposed to shift toward exemption for interest and capital gains.
    Under the Income-tax Act, 2025, FIIs are taxed on income from securities and capital gains under a separate framework, with securities income taxable at 20%, short-term capital gains taxable at 30% or 20% depending on coverage under concessional provisions, and long-term capital gains taxable at 12.5%. The proposed ordinance seeks to exempt interest income from Government Securities and capital gains arising on their transfer or redemption, while explaining the role of listed and unlisted securities, the absence of Securities Transaction Tax, and the holding-period rules for classification as short-term or long-term capital assets.
    June 5, 2026
    Show AI Summary
    Government securities income exemption limits BIS tax relief to specified interest and capital gains from investment pool.
    Income of the Bank for International Settlements from specified investments in Government Securities is proposed to be exempted under the ordinance. The exemption is confined to interest income earned from Government Securities and capital gains arising on transfer or redemption of Government Securities through the specified INR-denominated investment pool for central banks and official monetary authorities. It does not extend to all income earned by BIS in India or to other BIS operations.
    June 5, 2026
    Show AI Summary
    Tax exemptions on government securities and expanded market access aim to boost foreign participation and capital inflows.
    Tax exemptions were introduced on interest income and capital gains arising from the sale, exchange or transfer of government securities, extended to foreign institutional investors and the Bank for International Settlements, subject to prescribed information-reporting requirements. The amendment to the Income Tax Act was stated to take effect from 1 April through an ordinance under the President's ordinance-making power. The Reserve Bank of India also widened foreign participation in government and equity markets through additional access and relaxation measures.
    June 5, 2026
    Show AI Summary
    Rupee appreciation after RBI policy as investment norms eased, repo rate stayed unchanged, and sentiment improved.
    Rupee appreciation followed the RBI's monetary policy announcement after the central bank liberalised norms for FPI investment in government securities and raised the investment limit for Non-Resident Indians and Overseas Citizens of India in equity instruments. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent with a neutral stance, while the RBI stated that its exchange-rate policy remains unchanged and that it does not target any specific rate or band for the rupee.
    June 5, 2026
    Show AI Summary
    GDP growth forecast revision reflects energy price pressures, supply disruptions, and geopolitical risks to economic activity.
    The Reserve Bank revised down its real GDP growth projection for FY 2026-27 to 6.6 per cent, citing elevated energy and commodity prices, continued supply disruptions from the West Asia conflict, and broader risks from global supply-chain disruption, financial market volatility, and weather-related shocks. Domestic activity was described as broadly resilient, with manufacturing, services, consumption, investment, and exports holding up despite cost pressures, while the global outlook remains clouded by geopolitical tensions and foreign exchange volatility.
    June 5, 2026
    Show AI Summary
    Government securities tax exemption for foreign investors aims to attract long-term capital into sovereign debt markets.
    Government foreign investment policy for government securities has been adjusted to attract long-term dollar inflows by exempting foreign institutional investors from long-term capital gains tax on investments in government securities through an Ordinance amending the Income Tax Act. The change is intended to make sovereign debt more attractive to patient foreign capital, particularly at a time of heavy foreign fund outflows from equities and pressure on the rupee.
    June 5, 2026
    Show AI Summary
    Rupee appreciation and RBI policy outlook drive market focus as India-US trade talks support sentiment.
    The rupee appreciated in early trade against the US dollar as market participants awaited the Reserve Bank of India's monetary policy decision, with inflation, growth and currency stability under focus. Traders viewed 96.00 as a key resistance level for USD/INR and expected a cautious policy stance to support debt inflows and a possible move toward the 95.00-95.20 range. Encouraging India-US trade talks also supported sentiment and future capital inflows.
    June 5, 2026
    Show AI Summary
    RBI monetary policy decision lifts market sentiment as Indian equities trade higher amid mixed global cues and foreign selling.
    Indian equity markets traded higher in early session ahead of the Reserve Bank of India's monetary policy decision. Market sentiment was shaped by expectations around the policy statement and the RBI Governor's message, alongside mixed global cues and continued foreign institutional investor selling.
    June 4, 2026
    Show AI Summary
    Land compensation fraud and money laundering allegations linked to highway acquisition triggered enforcement action under PMLA.
    Money laundering investigation arose from alleged irregularities in compensation disbursement for land acquired for the Raipur-Visakhapatnam Economic Corridor under the Bharatmala project. The allegations state that land within the notified highway alignment was acquired and then fragmented into smaller plots to claim enhanced compensation from the National Highways Authority of India. The accused, along with family members and certain public servants, is alleged to have received compensation far in excess of the amount legitimately payable, generating alleged proceeds of crime that were later layered through shares, mutual funds and other financial instruments.
    June 4, 2026
    Show AI Summary
    Steel import restrictions delay India-UK trade deal implementation amid concerns over domestic industry protection and tariff commitments.
    Steel import restrictions are being used as a protective trade measure against global overcapacity and the risk to domestic steel-making capability. The measures are linked to delays in implementing the India-UK Comprehensive Economic and Trade Agreement, while the treaty framework also includes whisky tariff liberalisation and continuing bilateral discussions on trade cooperation.
    June 4, 2026
    Show AI Summary
    Emergency national security authority is being used to support coal plants, exports and fossil-fuel power reliability.
    Use of emergency national security authority is proposed to fund coal-fired power support, coal exports and related infrastructure, including support for existing coal plants, recommissioning of a plant, construction of new coal plants in Alaska and West Virginia, and development of a coal export terminal in California. The announced package is described as part of a broader federal effort to sustain coal capacity and extend the operation of fossil-fuel power plants past retirement dates in response to power-demand concerns.
    June 4, 2026
    Show AI Summary
    Trade agreement negotiations continue as India and the United States reaffirm commitment to strengthen bilateral trade and economic ties.
    India and the United States reaffirmed their commitment to conclude a mutually beneficial trade agreement aimed at strengthening bilateral trade and economic ties. Chief negotiators completed four days of talks marked by cooperation and pragmatism, with discussions covering trade in goods, non-tariff measures, customs and trade facilitation, economic security alignment, and other areas of mutual interest.
    June 4, 2026
    Show AI Summary
    Flex-fuel vehicles and higher ethanol blends are reshaping India's fuel policy toward cleaner mobility and energy security.
    Flex-fuel passenger vehicles have been introduced with technology that can run on ethanol-petrol blends ranging from E20 to E100 through an adaptive engine control system. The shift reflects India's broader move toward higher ethanol blending to reduce crude oil import dependence, strengthen energy security, lower carbon emissions, and support rural and biofuel-based economic activity. Proposed amendments to vehicle emission rules and the Central Motor Vehicles Rules, 1989, aim to widen the use of E85, E100, biodiesel, and hydrogen-CNG combinations.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Govt highlights tax reforms, investor confidence as Modi completes 12 years as PM

      June 10, 2026

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      New Delhi, Jun 10 (PTI) From tax reforms to digital push, and ease of doing business to moving towards becoming the fastest-growing economy, the government on Wednesday highlighted the achievements during the 12 years of Narendra Modi as India's longest-serving elected prime minister.

      Modi surpassed Jawaharlal Nehru's record of 4,398 days as an elected prime minister.

      A booklet released by the Centre on the occasion said the reduction in income tax burden over the past 12 years reflects the government's vision of 'Ramrajya', adding reforms like GST, faceless tax, and Digital India have helped build trust in the public system that will support India in becoming a USD 5-trillion economy.

      Increased taxpayer confidence has enabled greater investment in roads, hospitals, infrastructure, and other initiatives aimed at strengthening India's future.

      India's growth story has transitioned from 'Fragile Five' to 'Fastest Growing Economy'. In 2013, India was ranked among the world’s five most vulnerable economies; however, decisive reforms completely turned the tide, it said.

      "Today, India stands proudly as the world’s fastest-growing major economy. Behind this monumental transformation lies a series of decisive reforms." The government successfully brought inflation under control, implemented GST, thus unifying the entire nation into a single market, and carried out banking reforms, which led to a reduction in non-performing assets (NPAs).

      "Twelve years of reforms have become twelve years of trust. Whether it is GST, faceless tax, or Digital India, every step has made citizens feel that they too are nation-builders. India is moving towards a 5-trillion-dollar economy. This is not just a figure, it is the flight of every Indian's dream," the booklet said.

      Highlighting the achievements of the government's digital push, an official document released on Wednesday said the cost of 1 GB of data plunged by 97 per cent to around Rs 8-10 from Rs 269 in 2014, which led to an increase in internet usage in rural areas and opened a new world of opportunities for the people.

      In the last 12 years, the country has seen about a fourfold surge in internet users to 103 crore up to December 2025 from around 25 crore subscribers in 2014. Meanwhile, broadband connections have jumped about 17 times to nearly 100 crore from 6 crore during the same period.

      A booklet titled 'Public Service is the Resolve' highlighted the initiatives taken by the government in the last 12 years for farmers' welfare.

      The Modi government has increased the annual budget for the agriculture ministry by fivefold in the last 12 years to Rs 1.4 lakh crore for the current fiscal as part of its efforts to boost the farm sector and enhance farmers' income.

      The Centre has distributed a whopping Rs 4.3 lakh crore to farmers under PM-KISAN. Under the scheme, launched in February 2019, the government provides Rs 6,000 to eligible farmers annually in three equal instalments.

      Industry leaders lauded the government's reforms and policies, and said the nation has emerged as an influential global voice under Modi's transformative leadership.

      They highlighted the government's emphasis on improving ease of doing business, saying that it has benefited from the enabling environment marked by increased investor confidence and that India Inc stands firmly with the prime minister in realising the Vision of Viksit Bharat by 2047.

      Confederation of Indian Industry President R Mukundan said the growing confidence in India's capabilities is reflected in its resilience, ambition, and continued progress towards becoming a leading global economic powerhouse.

      "As India moves towards its vision of Viksit Bharat 2047, industry remains committed to working closely with the government to accelerate investment, strengthen competitiveness, create quality employment, and ensure that growth remains inclusive, sustainable, and future-ready," he added.

      Ficci President Anant Goenka said, "Congratulations to Prime Minister Narendra Modi on completing this landmark chapter in India's democratic journey. The past twelve years have been characterised by the steady consolidation of India's economic fundamentals".

      "Landmark reforms, enhanced ease of doing business, record infrastructure investments, expanding trade partnerships, stronger financial institutions and the rise of globally competitive manufacturing ecosystems have altered the trajectory of the Indian economy." PTI JD RSN PRS MJH HVA VHI VHI BAL BAL

      Topics

      ActsIncome Tax