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
    FEMA case against Myntra closed following compounding: ED
    RBI governor to announce interest rate decision on Friday
    Minister of State for Commerce and Industry Shri Jitin Prasada Inaugurates Global Business Research Conference 2026 at IIFT
    India Emerges as World's Most Trusted Investment Destination: Union Minister of Commerce and Industry Shri Piyush Goyal at Citi India Conference 2026
    Stock markets end flat ahead of RBI's monetary policy decision
    Rupee falls 7 paise to close at 95.83 against US dollar
    Maruti Suzuki launches India's 1st Flex Fuel car
    Congress raises questions on 'substantial' LIC stake in firm under SEBI scanner
    Rupee trades in narrow range against US dollar in early trade
    Resilience by Design: Lessons from India’s Banking Sector - Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India, on June 1, 2026, a...
    IEPFA and SEBI to Organise ‘Niveshak Shivir’ in Bhopal on 5th June
    NPCI International and ACLEDA Bank Launch Cross-Border UPI Payments in Cambodia via KHQR, Cambodia’s National QR Code
    CBSE says 3.8 million-packet DoS attack on website thwarted
    CBI arrests I-T officer for taking Rs 4,000 bribe for deleting duplicate PAN record
    Five held for impersonating police
    Rupee falls 40 paise to close at 95.76 against US dollar
    Indo-US trade deal almost done, just 1 pc sticking points under discussion: Ambassador Gor
    Cabinet approves Rs 10,000 cr jet fuel stabilisation fund to ease airline cost pressures
    CCI approves proposed combination related to restructuring of UPL group companies and others
    CCI approves acquisition of Macquarie AirFinance by Dubai Aerospace Enterprise (DAE) Ltd through DAE Eirecam Designated Activity Company
❯❯
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 4, 2026
Show AI Summary
FEMA compounding mechanism resolves alleged foreign exchange contraventions through RBI order and ED no objection
Foreign exchange management proceedings were initiated for alleged contraventions of FEMA arising from transactions of significant value, and the company applied to the Reserve Bank of India for compounding under the statutory framework. The Enforcement Directorate issued a no objection, after which the Reserve Bank passed a compounding order and the matter was treated as compounded on payment of the prescribed monetary amount.
June 4, 2026
Show AI Summary
Repo rate pause expected as inflation risks and growth concerns shape the central bank's cautious policy stance.
Monetary policy decision is expected to keep the repo rate unchanged, with the Reserve Bank adopting a cautious stance because the West Asia conflict is adding pressure to both inflation and economic growth. Market participants broadly expect a pause in rates at the upcoming Monetary Policy Committee meeting, though some foresee a modest increase, and many anticipate policy tightening later in the fiscal year if inflation risks intensify.
June 4, 2026
Show AI Summary
Business research conference highlights trade resilience, artificial intelligence, BRICS and evidence-based policy for global competitiveness.
Global Business Research Conference 2026 at IIFT focused on managing business amid worldwide turbulence, with discussions on trade, manufacturing, innovation, technology, business education and evidence-based policy inputs. The programme included Directors' Conclaves, technical sessions across multiple management and policy disciplines, a special discussion on BRICS, a doctoral colloquium and awards recognising outstanding research contributions.
June 4, 2026
Show AI Summary
Trade agreements and regulatory reform drive India's push for manufacturing growth, investor confidence and industrial infrastructure expansion.
India's trade and investment strategy was described as centred on expanding free trade agreements, investor outreach and market access, while supporting manufacturing growth, talent mobility and long-term capital flows. The address highlighted the Jan Vishwas Act 2.0, which decriminalized nearly 1,000 offences across central laws, and referred to the activation of four labour codes to simplify compliance. It also noted major infrastructure investment, the Bhavya Scheme for 100 industrial parks, and policy support for semiconductors, secure data infrastructure and data centre incentives.
June 4, 2026
Show AI Summary
Monetary policy caution keeps equities flat amid West Asia tension, elevated crude and foreign fund outflows
Indian equity benchmarks ended almost flat in choppy trade as investors stayed cautious amid West Asia uncertainty, weak global cues, elevated crude prices and persistent foreign fund outflows. Benchmarks recovered from an early decline after buying emerged near key support levels, but sentiment remained subdued ahead of the monetary policy decision, with foreign institutional investors continuing to sell equities.
June 4, 2026
Show AI Summary
Rupee depreciation on West Asia tensions keeps forex market cautious ahead of RBI policy decision
The rupee weakened against the US dollar amid heightened geopolitical tensions in West Asia, with traders citing energy-price volatility, safe-haven demand, elevated crude oil prices and firm US treasury yields as pressure points on the domestic currency. Market participants also tracked the Reserve Bank of India's Monetary Policy Committee meeting, with inflation, growth and the rupee under review and expectations that the policy rate may be left unchanged.
June 4, 2026
Show AI Summary
Flex-fuel technology in passenger cars advances energy security, ethanol adoption, and lower emissions through wider fuel-blend compatibility.
India's first flex-fuel passenger car was launched with ethanol-blended fuel compatibility, engineered to operate on fuel blends ranging from E20 to E100. The vehicle uses advanced ECU calibration to adapt to different ethanol and petrol mixtures, reflecting the introduction of flex-fuel technology in a mainstream model and the expansion of alternate-fuel mobility beyond CNG and LPG. The launch was presented as part of a broader energy-transition agenda aimed at strengthening energy security, reducing crude oil import dependence, supporting biofuel use, lowering emissions, and promoting rural prosperity.
June 4, 2026
Show AI Summary
Financial statement misrepresentation and fund diversion trigger interim market regulator action, disclosure directions, and trading restraint.
SEBI initiated interim action over alleged large-scale misrepresentation in Rajesh Exports Ltd.'s financial statements, diversion of funds through personal and related accounts, and non-cooperation in furnishing records. The regulator directed true and fair disclosures under the LODR framework, noted the company's inadequate response to repeated summons, and cited auditor non-cooperation. It also identified Rajesh Mehta as the key decision-maker and restrained him from dealing in the company's securities until further orders, while requiring cooperation and a fresh forensic audit.
June 4, 2026
Show AI Summary
Rupee pressure from equity outflows and crude-linked import costs keeps forex sentiment weak amid global tensions.
The rupee traded in a narrow range against the US dollar as equity outflows, West Asia tensions and energy-import concerns pressured sentiment. Persistent foreign fund outflows, higher crude-linked dollar demand and outward foreign payments added to pressure on the domestic currency, while market attention shifted to the RBI Monetary Policy Committee decision amid a weakening rupee and elevated oil prices.
June 4, 2026
Show AI Summary
Banking resilience through transparent stress recognition, stronger supervision and adaptive regulation shapes India's financial stability approach.
Banking resilience is an institutional project that must be built before stress emerges, through transparent recognition of stress, balance sheet repair, stronger supervision, calibrated regulation and disciplined conduct within banks. Timely recognition of asset quality problems changes incentives across banks, borrowers, supervisors and markets, while delayed recognition increases the eventual burden of resolution. Regulation and supervision must remain risk-based, adaptive and attentive to governance, technology risk, cyber resilience, customer conduct and emerging vulnerabilities.
June 4, 2026
Show AI Summary
Investor facilitation through Niveshak Shivir enables direct help for unclaimed dividends, shares, KYC updates, and grievance redressal.
Investor facilitation is being organised through a one-day Niveshak Shivir in Bhopal by the Investor Education and Protection Fund Authority and the Securities and Exchange Board of India. The camp is designed as a one-stop platform for investor services, with direct assistance for issues relating to unclaimed dividends and shares, including claims connected with holdings remaining unclaimed for six to seven years. It also provides on-the-spot KYC updation, nomination-related services, and immediate support for pending claim-related issues.
June 4, 2026
Show AI Summary
Cross-border UPI acceptance in Cambodia expands QR payments and sets up a two-way India-Cambodia payment corridor.
UPI acceptance has been launched in Cambodia through NPCI International and ACLEDA Bank Plc. using Bakong's KHQR, enabling Indian travellers to make QR-based payments at Cambodian merchants in the first phase. The arrangement is intended to expand into a two-way corridor, allowing Cambodian users to scan UPI QR codes in India and creating interoperable cross-border digital payments.
June 4, 2026
Show AI Summary
Online verification and re-evaluation process for Class 12 answer books operates through Aadhaar-based login, secure payment gateways, and strict digital submission rules.
CBSE's online portal for verification of issues in scanned answer books and re-evaluation of Class 12 board examination answers permits only students who have obtained scanned copies of their evaluated answer books to apply digitally within the notified period. The process is conducted entirely online through Aadhaar-based login, with applications accepted only after completion of payment and locked once the freeze-and-proceed option is used. The facility allows reporting of issues such as missing pages, blurred pages, incorrect answer books, and evaluation against a different question paper set, subject to the specified submission rules.
June 3, 2026
Show AI Summary
Corruption allegation over duplicate PAN deletion leads to CBI trap, arrest and case under anti-bribery law.
An Income Tax officer was allegedly caught accepting a bribe for deleting a duplicate PAN record after a CBI trap operation. A complaint was made after an alleged demand for a higher amount, and a case has been registered under the Prevention of Corruption Act.
June 3, 2026
Show AI Summary
Police impersonation gang used kidnapping and digital fraud to extort money from victims.
A five-member gang was arrested for allegedly committing kidnapping, extortion and cheating by impersonating police officers. The accused reportedly intercepted a victim, falsely claimed that a criminal case was pending against him, forcibly took him away, confined him, seized his mobile phone, ATM card and cash, and coerced him into disclosing banking credentials and passwords. A fake video call from a purported police officer was also used to reinforce the deception.
June 3, 2026
Show AI Summary
Forced labour trade concerns weigh on the rupee as proposed additional duties and capital outflows hit sentiment
The rupee weakened against the US dollar amid strong dollar demand, higher crude prices, foreign capital outflows and market risk aversion linked to proposed additional duties on Indian imports over forced labour concerns. The United States Trade Representative proposed additional duties under Section 301 investigations concerning forced labour and excess industrial capacity, while India is engaged with the United States on those issues and on an interim trade agreement.
June 3, 2026
Show AI Summary
Indo-US trade agreement nears finalisation as negotiators work through remaining sticking points and interim pact details.
India and the United States were said to be close to finalising an interim bilateral trade agreement, with only a small number of remaining issues under discussion after most elements had already been settled. The negotiations were described as focused on resolving the last sticking points so the pact could be signed and put into force. The report also noted United States Section 301 trade actions affecting multiple economies and stated that the resulting tariffs were applied globally rather than specifically against India.
June 3, 2026
Show AI Summary
Fuel price stabilisation support approved to cushion airlines from aviation turbine fuel volatility and preserve air connectivity.
A fuel price stabilisation mechanism has been approved to cushion scheduled Indian airlines against exceptional aviation turbine fuel volatility arising from the West Asia crisis. The arrangement provides a one-time, interest-free advance to state-owned oil marketing companies so that jet fuel can be supplied at a fixed or benchmark-linked price, with compensation payable to those companies when import parity prices rise above the government-determined benchmark. Participating airlines must buy ATF exclusively from oil marketing companies under supervised agreements, and the support is time-limited with recovery through a defined true-up mechanism.
June 3, 2026
Show AI Summary
Group restructuring of UPL businesses approved for transfer of India and global crop protection verticals.
The proposed combination concerns a group restructuring within the UPL corporate structure and was approved by the Competition Commission of India. The transaction comprises interconnected steps involving UPL Limited, UPL Sustainable Agri Solutions Limited, UPL Global Sustainable Agri Solutions Limited, UPL Crop Protection Holdings Limited, TPG Upswing Limited, Platinum Jasmine A 2018 Trust and Woodhall Holdings (DIFC) Limited, and is directed at reorganising the ownership and holding arrangements of the UPL group companies.
June 3, 2026
Show AI Summary
Competition approval for aircraft leasing acquisition through a downstream holding structure in a proposed combination.
The Competition Commission of India approved the proposed combination involving the acquisition of Macquarie AirFinance Limited by Dubai Aerospace Enterprise (DAE) Ltd through DAE Eirecam Designated Activity Company. The transaction was structured as an acquisition from the target's current shareholders, with DAE Eirecam described as a downstream holding of the acquirer.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

National Traders’ Welfare Board Holds 10th Meeting in Hybrid Mode, Strengthening Digital Governance and Stakeholder Participation

June 24, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

NTWB Discusses Trade Facilitation Measures; DigiDukaan Set for Expansion Across Major Cities

Board Focuses on Enhancing Export Competitiveness and Strengthening Stakeholder Engagement Mechanisms

The 10th Meeting of the National Traders’ Welfare Board (NTWB) was held today in New Delhi, in hybrid mode. In line with the vision of the Government for technology-driven governance, optimum utilisation of public resources and minimisation of avoidable travel and expenditure, the meeting enabled participation of Members from across the country through both physical and virtual modes. The hybrid format ensured wider stakeholder participation and demonstrated the success of the Digital India initiative in strengthening governance through digital connectivity and citizen-centric innovation.

The Board reviewed various trader welfare and trade facilitation initiatives being implemented across the country. Members were apprised of the recently launched Rajasthan Trade Promotion Policy, which includes provisions relating to trade credit support, insurance assistance and promotion of digital commerce. The need to strengthen awareness and outreach regarding Central and State Government schemes for traders was also emphasised.

A detailed presentation was made on DigiDukaan, a digital commerce initiative aimed at enabling small retailers and kirana stores to participate effectively in the digital economy. The Board noted the successful launch of DigiDukaan in Jaipur on 19 June 2026 by Rajasthan Chief Minister Shri Bhajan Lal Sharma and appreciated the encouraging response received from traders. Plans for expansion to other major cities, including Mumbai and Bengaluru, followed by a nationwide rollout, were also discussed.

The Board was informed about ongoing efforts to strengthen coordination among trade associations, chambers of commerce and trader organisations across the country and to ensure effective representation of traders’ concerns before policy-making authorities. The Chairperson informed Members that 92 nationwide weekly virtual conferences and stakeholder interactions have been conducted so far to facilitate regular engagement between traders and officials from various Ministries and Departments.

During the deliberations, Members discussed a wide range of issues concerning traders, retailers, manufacturers, exporters and service providers. Key issues included GST rationalisation, simplification of compliance procedures, one-time settlement mechanisms for legacy business liabilities, export promotion measures, logistics and port infrastructure, plant quarantine and import facilitation, digital commerce adoption, ONDC integration, access to affordable credit, banking-related issues, merchant transaction charges, pension and social security measures for traders, and support for women entrepreneurs.

The Board also deliberated on issues relating to food safety compliance, ease of obtaining licences and registrations, strengthening of State Traders’ Welfare Boards, concerns arising from quick commerce platforms, promotion of local trade ecosystems, simplification of appellate and dispute resolution mechanisms, facilitation of MSME and service exports, and improved Centre-State coordination for effective implementation of trader welfare initiatives.

Special emphasis was laid on enhancing export participation by traders and MSMEs, increasing awareness regarding export opportunities, strengthening institutional support mechanisms and promoting India’s emergence as a globally competitive trading nation.

The Board further discussed the need for thematic committees and focused working groups to examine sector-specific issues and provide structured recommendations for policy intervention. Members agreed that continued engagement with stakeholders across sectors and regions would strengthen the effectiveness of the Board’s initiatives and facilitate timely resolution of issues affecting the trading community.

The meeting was chaired by Chairperson of NTWB Shri Sunil J. Singhi.

At the outset, the Board adopted a Resolution congratulating  Prime Minister Shri Narendra Modi on becoming the longest-serving elected Prime Minister in India’s history. The Resolution acknowledged his continuous service of over twelve years as Head of Government and recognised his contribution towards good governance, inclusive development, economic reforms, national security and the vision of Viksit Bharat. The Board expressed confidence that under his leadership, India will continue its journey towards becoming a self-reliant, prosperous and developed nation.

Addressing the meeting, Chairperson Shri Sunil J. Singhi highlighted the transformative reforms undertaken during the past decade, including GST reforms, digital governance initiatives, financial inclusion through the JAM (Jan Dhan-Aadhaar-Mobile) Trinity, Direct Benefit Transfer (DBT), Ease of Doing Business measures, and initiatives aimed at empowering small businesses, traders and entrepreneurs. He noted that these reforms have significantly strengthened India’s economic ecosystem and expanded opportunities for trade and enterprise.

The meeting concluded with a reaffirmation of the Board’s commitment to creating an enabling environment for traders through policy advocacy, digital empowerment, Ease of Doing Business reforms, social security initiatives and stronger Centre-State coordination. The Board reiterated its resolve to work towards the welfare and empowerment of traders and their employees and to contribute actively to the vision of Viksit Bharat 2047.

The meeting was attended by non-official Members representing trade associations and States/UTs from across the country, along with ex-officio Members from various Ministries and Departments of the Government of India.

Topics

Acts Income Tax