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
    NSE Files for Rs 30,000-cr IPO; set to become India's biggest-ever public issue
    India-UK trade pact: 5-yr exemption from social security payments to benefit 75,000 Indian professionals
    India-UK trade pact: 85 pc of India's exports out of British steel measures
    India-UK trade pact to come into force from July 15
    SKM warns Centre against India-US FTA, calls for nationwide protests if pact signed
    India-UK trade deal to come into effect on July 15: PM Modi and PM Starmer
    Navi Mumbai Airport to launch international operations on July 15
    ED questions Vijayan’s daughter Veena for over nine hours in CMRL money laundering case
    India-UK free trade pact to come into force on July 15
    Rs 138 cr duty evaded on walnut imports by falsifying consignment origins; 5 held
    Advisory on e-Invoice API and e-Way Bill by IRN API changes for mandatory capture of Ship-to GSTIN and Voluntary Closure of e-Way Bill
    Appointment of Chairperson and Members in the National Statistical Commission
    India-EU free trade deal to be inked by year-end: Ursula von der Leyen
    Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurity
    HIGHLIGHTS
    Gold price tumbles Rs 4,800 to Rs 1.54 lakh/10g, silver drops Rs 5,300
    India's exports hit record USD 863 billion in FY 26 amid West Asia turmoil and US tariffs: Official
    Rs 138 cr fraud of customs duty evasion on walnut import busted in Navi Mumbai; 5 held so far
    TN's excise revenue lags behind K'taka, Maharashtra: Govt
    Ex-Kerala CM's daughter Veena appears for questioning before ED in PMLA case
❯❯
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 17, 2026
Show AI Summary
Offer for sale structure drives National Stock Exchange's long-delayed public listing filing after regulatory hurdles ease.
National Stock Exchange filed preliminary papers for a proposed initial public offering structured entirely as an offer for sale by existing shareholders. The filing follows board approval and a no-objection certificate, after years of delay caused by regulatory concerns, including the co-location controversy and governance lapses. The exchange later made further compliance representations, appointed merchant bankers and other advisers, and pursued settlement in the unfair market access matter, with in-principle approval of that settlement described as removing a key obstacle to the proposed listing.
June 17, 2026
Show AI Summary
Social security exemption for Indian workers in the UK extends to five years under the trade pact.
Social security arrangements under the India-UK trade pact provide a temporary exemption from dual social security contributions for Indian workers and employers in the United Kingdom during overseas assignments. The exemption period is extended from three years to five years, applying to employees seconded from India to support UK operations. The arrangement is intended to preserve continued social security coverage during temporary postings and to facilitate labour mobility between the two countries.
June 17, 2026
Show AI Summary
Steel trade safeguards shape India-UK CETA implementation as quota limits and tariff rules are adjusted for exporters.
India-UK CETA is set to enter into force from 15 July 2026, with steel trade arrangements designed to keep a substantial share of India's exports outside the UK's safeguard measures. India's interests are said to be protected through country-specific quota, residual quota and access under the Authorised Use Scheme, while the UK's new steel regime will limit tariff-free imports, reduce quota volumes and impose a higher tariff on imports above the permitted levels. The article also notes the UK's planned carbon border adjustment mechanism from 2027.
June 17, 2026
Show AI Summary
India-UK free trade pact expands duty-free market access and extends social security relief for temporary workers.
India and the United Kingdom will bring into force the free trade agreement and the Agreement on Social Security, or Double Contribution Convention, on 15 July 2026 after completing internal procedures and ratifications. The pact is said to provide immediate duty-free access for 99 per cent of Indian exports, tariff reductions on selected British goods, and broader market access for services, while preserving exclusion lists for sensitive sectors. The Double Contribution Convention will exempt Indian companies in the UK from social security contributions for up to five years for employees sent from India.
June 17, 2026
Show AI Summary
Minimum Support Price guarantee and trade pact opposition drive a nationwide farmers' protest campaign.
Opposition to the proposed India-US Free Trade Agreement centred on demands for a legal guarantee of Minimum Support Price at C2 plus 50 per cent with assured procurement, repeal of free trade agreements, and a comprehensive farm loan waiver. The campaign also included planned nationwide protest action, protest forms to be by state bodies, and related demands on rural employment, wages, water rights and other local agitations.
June 17, 2026
Show AI Summary
Trade liberalisation and tariff cuts under the India-UK economic pact are set to begin on 15 July 2026.
The India-UK Comprehensive Economic and Trade Agreement is scheduled to enter into force on 15 July 2026, initiating a framework for deeper bilateral trade, investment and market access. The agreement is described as providing substantial tariff liberalisation across goods and services, including staged reductions or elimination of duties on selected products, and reciprocal social security coordination for highly skilled professionals on pre-existing visa routes.
June 17, 2026
Show AI Summary
International passenger and freighter operations set to begin at Navi Mumbai airport as customs readiness nears completion.
Navi Mumbai International Airport is expected to commence international passenger flights and international freighter operations from July 15, with Air India Express and IndiGo reported as the initial operators. Customs readiness for international operations was nearing completion, including relevant notifications and trial procedures for courier and cargo systems, with a further trade notice anticipated. The operator also said cargo would follow a hub-and-spoke model and that planning had begun for the next phase of terminal expansion.
June 17, 2026
Show AI Summary
Money laundering probe over alleged sham payments and loans draws ED questioning in transactions linked to proceeds of crime.
Enforcement Directorate questioning in a money laundering probe concerned alleged transactions between a now-defunct IT firm and a mining company, including payments said to have been made without corresponding services and loans allegedly extended despite delayed repayment. The agency alleged that these dealings generated proceeds of crime and summoned relevant documents relating to the firm's transactions. The investigation was registered under the Prevention of Money Laundering Act on the basis of a prosecution complaint filed by the Serious Fraud Investigation Office.
June 17, 2026
Show AI Summary
India-UK free trade pact and social security convention set to take effect together from 15 July 2026.
The India-UK Comprehensive Economic and Trade Agreement (CETA) is scheduled to enter into force on 15 July 2026, marking the commencement of the bilateral free trade pact. The Agreement on Social Security, also described as the Double Contribution Convention (DCC), will take effect on the same date.
June 17, 2026
Show AI Summary
Country-of-origin fraud in walnut imports triggered customs duty evasion, arrests, and conditional release of seized consignments.
Fraudulent walnut imports were allegedly routed through Nhava Sheva Port by falsely declaring non-Afghanistan consignments as Afghanistan-origin to claim preferential tariff benefits under SAFTA, using forged transit bills of lading and proxy importers. Five persons were arrested and searches yielded digital and documentary evidence. In a related writ petition, conditional release of seized consignments was permitted only against deposit of the full differential duty or a bank guarantee of equivalent amount.
June 17, 2026
Show AI Summary
Ship-to GSTIN compliance and voluntary e-way bill closure reshape IRN and e-invoice API operations before production rollout.
Mandatory capture of Ship-to GSTIN has been introduced across specified e-Invoice API, e-Way Bill by IRN API and EWB Closure API flows, with URP permitted where GSTIN is not available. The revised framework requires a valid and distinct Ship-to GSTIN in Bill-to/Ship-to transactions, together with state code and PIN code validations, while export and B2B/SEZ scenarios are subject to specific treatment for ship details. A voluntary closure facility for e-Way Bills has also been introduced, with portal and API-based closure available using the EWB number, closure date and remarks.
June 17, 2026
Show AI Summary
Statistical governance and coordination strengthened through appointments to the National Statistical Commission and its standard-setting role.
Appointment of the Chairperson and Members of the National Statistical Commission was approved, with Dr. Saibal Chattopadhyay as Chairperson and three Members appointed. The Commission is a nodal body for core statistical activities, responsible for statistical priorities, standards and coordination. Its functions include standardising concepts, definitions, classifications and methodologies, improving public trust in official statistics, laying down quality standards, coordinating with governments and ministries, undertaking statistical audit, and monitoring the statistical system for performance improvement.
June 17, 2026
Show AI Summary
India-EU free trade agreement advances with investment, defence cooperation and connectivity talks on the agenda.
India and the European Union are to advance their trade and economic engagement by finalising a free trade agreement by the end of the year and accelerating work on an investment agreement. The two sides also identified wider areas of cooperation, including stepped-up security and defence cooperation and collaboration on connectivity through the India-Middle East-Europe Corridor.
June 17, 2026
Show AI Summary
Cybersecurity in banking hinges on distinguishing system breaches from customer deception, while faster patch deployment becomes critical against AI-driven vulnerability discovery.
Cybersecurity in banking requires a distinction between internal system breaches and cyber fraud caused by customer deception through phishing and social engineering. A private sector bank said its systems remain secure and that fraud incidents have not stemmed from weaknesses in its cybersecurity architecture. It also identified the main AI-related risk as faster discovery of software vulnerabilities, making quicker patch deployment and remediation essential.
June 17, 2026
Show AI Summary
Temporary platform restriction and NEET re-test challenge raise access, compliance, and procedural concerns.
Temporary restriction on access to a messaging platform has prompted a challenge before the Delhi High Court, with the restriction reported as being linked to the period before the NEET-UG re-examination. The development raises a compliance and access issue concerning the basis and scope of the government order affecting the platform. Judicial and parliamentary proceedings are also reported on the NEET-UG re-test and on proposed legislation to decriminalise politics, including a Supreme Court hearing on the re-test plea and committee consideration of detention-linked removal from office for serious crimes.
June 17, 2026
Show AI Summary
Precious metals prices fall as a strong rupee, weak global trends and caution ahead of US policy decisions weigh on demand.
Gold and silver prices fell sharply in domestic bullion markets amid a strong rupee, weak global trends and subdued investor demand. Traders stayed away from precious metals as equity markets offered higher returns, while analysts linked caution to key US economic events, including the Federal Reserve's monetary policy decision, and to developments ahead of the scheduled US-Iran meeting.
June 17, 2026
Show AI Summary
Special Economic Zones drive India's export growth, with Gujarat emerging as a major hub for investment and semiconductor expansion.
India's export sector recorded an all-time high of USD 863 billion in FY 2025-26 despite disruption from the West Asia conflict and US tariffs, driven by engineering goods, petroleum products, electronics, pharmaceuticals, gems and jewellery, and chemicals. Gujarat emerged as a major contributor, and the discussion highlighted the role of Special Economic Zones in investment, employment, innovation, and export expansion, including newly notified semiconductor SEZ projects and a policy focus on promoting additional SEZs.
June 17, 2026
Show AI Summary
Customs duty evasion through false origin claims on walnut imports exposed in a SAFTA-linked routing racket.
Customs authorities uncovered a walnut-import duty evasion racket at Nhava Sheva in which consignments were routed through Jebel Ali and falsely shown as originating from Afghanistan to claim preferential tariff benefits under SAFTA. The scheme allegedly used forged transit bills of lading and a fictitious transit trail to support false country-of-origin claims, causing substantial revenue leakage. Five persons have been arrested, searches yielded digital and documentary evidence, and further investigation continues into beneficiaries, facilitators, financial linkages and connected consignments.
June 17, 2026
Show AI Summary
Excise duty revenue gap widens as liquor tax remains a major share of own tax revenue.
State excise duty collections are reported to lag behind peer states, with the state recording the lowest absolute collection among the compared jurisdictions. The data shows a smaller excise base and slower growth than the peer states, making the revenue gap a significant part of the overall State Own Tax Revenue position. Excise duties and VAT on liquor together still form a substantial share of own tax revenue, making liquor-related taxation consequential for the state's fiscal position.
June 17, 2026
Show AI Summary
Money laundering allegations drive questioning over disputed corporate transactions and alleged proceeds of crime under PMLA.
Money laundering allegations concern transactions between a now-defunct IT firm and a mining company, with the Enforcement Directorate questioning Veena T and seeking documents on the dealings. The inquiry relates to alleged payments by Cochin Minerals and Rutile Ltd. without services in return, and loans extended to Exalogic by another company connected with the same management. The agency has alleged generation of proceeds of crime and registered the matter under the Prevention of Money Laundering Act on the basis of a prosecution complaint filed by the Serious Fraud Investigation Office.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters
Customs & Trade

India, Slovakia upgrade ties to comprehensive partnership; ink 11 pacts

June 15, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Bratislava, Jun 15 (PTI) India and Slovakia on Monday elevated their ties to a comprehensive partnership and firmed up 11 agreements to expand the bilateral cooperation in a range of areas such as migration, digital technology and defence following talks between Prime Minister Narendra Modi and his Slovak counterpart Robert Fico.

The two leaders also agreed to work towards the "earliest" implementation of the India-European Union free trade agreement that is expected to significantly shore up the bilateral economic engagement.

Modi is in Bratislava as part of his weeklong visit to Europe. It is the first visit to the European nation by an Indian prime minister.

"We have decided to elevate our relations to the status of a Comprehensive Partnership. This symbolises our shared beliefs, shared priorities, and shared future," he said in his media statement.

The comprehensive partnership aims to take bilateral relations to a new level, strengthen existing cooperation mechanisms and explore new avenues for deepening cooperation, both bilaterally and multilaterally.

The prime minister said he and Fico discussed ways to give a "new direction" to the ties.

Modi and Fico also agreed to enhance cooperation in the energy sector with a view to promoting energy security, sustainability and resilience through diversification of energy sources, including nuclear energy and geothermal power.

"Our potential is vast. Our aspirations are even greater. Automobile, railways, advanced manufacturing, and green technologies are areas of particular interest to us," he said.

"Today, we combined our strengths on all these issues and took several important decisions for the benefit of the people of both countries." Modi also said that the defence cooperation between India and Slovakia is a testament to the "deep mutual trust and strategic convergence" between the two sides.

A Letter of Intent was finalised on defence cooperation following the talks between the two leaders.

The prime minister said it will give new momentum for cooperation between defence industries of the two sides.

"India and Slovakia are also moving forward with close coordination on the global stage. We agree that all disputes and tensions should be resolved peacefully," he said.

"We also agree that global institutions need to redefine themselves to address the realities and challenges of the 21st century. We will work to strengthen global efforts in this regard," he added.

Modi also conveyed his appreciation to PM Fico for the cooperation Slovakia extended in finalising the India-EU free trade agreement.

"We will work towards its earliest implementation so that industries, startups, and traders of both countries can derive maximum benefit from it," he said.

In his remarks, PM Fico hailed the India-EU FTA, describing it as one of the "most ambitious" trade pacts ever signed.

"Slovakia not only welcomes this agreement, but it will take the necessary and practical steps for the implementation of this agreement," he said.

The agreements inked following Modi-Fico talks are set to provide for deeper bilateral cooperation in areas of labour migration, defence, digital technologies, higher education and quantum communication.

In the meeting, the two leaders, recognising the growing geopolitical, economic and technological importance of the Indo-Pacific, acknowledged the value of a stronger partnership between India and Slovakia in support of mutually beneficial cooperation, regional connectivity, open international trade, freedom of navigation, peaceful resolution of disputes, according to a joint statement.

Modi and Fico expressed support for the orderly, safe and legal mobility of skilled professionals and welcomed the signing of the Memorandum of Understanding on cooperation in the field of labour migration to facilitate mobility.

The two sides also agreed to work towards the early conclusion of a Social Security Agreement, which would contribute to safeguarding the welfare and social protection of working professionals engaged in mobility between India and Slovakia. PTI MPB GRS GRS

Topics

Acts Income Tax