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
    Dr S C Deb Homeo targets Rs 100 crore revenue by FY'31
    India-UK FTA to benefit exporters, MSMEs, professionals from July 15: Goyal
    HIGHLIGHTS
    OFCD case: SC to hear SEBI's plea against SAT relief to SICCL managers on Monday
    India's Russian crude imports hit record in Jun even as Moscow's oil revenues slip
    Cluster Industrial Locations and Benefits of Private Aviation
    Ex-WB minister Sujit Bose funnelled municipality 'scam' funds into his restaurant, bar, flats: ED
    Sonalika Marks 30-Year Milestone with 20 Lakh Tractor Production at Hoshiarpur Manufacturing Plant
    Assam Budget: Planters, traders say subsidy, incentive proposals to boost tea sector
    Man held in Rs 1.6 crore loan fraud racket; 50 victims targeted: Delhi Police
    Department of Commerce Organises Chintan Shivir on Strengthening India's Electronics Manufacturing and Export Competitiveness
    FIU-IND case regarding large-scale cyber fraud recognised as runner-up at Best Egmont Case Award (BECA) 2026 during the Egmont Group Plenary in Baku, ...
    Ladakh set to export 1,000 MT of apricots to Dubai; first shipment to be dispatched next week
    Ethanol programme saved Rs 1.90 lakh cr in forex since 2014-15, says govt amid row over E20 fuel
    Rupee gains 9 paise to settle at 95.38 against US dollar
    As Monsoon Session ends, Oppn slams Maharashtra govt over GDP spending, 'missing link' bridge issues
    India's forex kitty jumps USD 7.26 bn to USD 674.19 bn
    Department of Commerce Reviews Andhra Pradesh FCV Tobacco Marketing Season 2025–26
    Markets rally for 2nd day powered by IT stocks; Sensex ends 827 pts higher
    Phone calls from 1600 number series cannot be blocked, DND app can block calls from 140 series: Trai
❯❯
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
July 12, 2026
Show AI Summary
Homoeopathic medicine expansion drives growth through capacity upgrade, export growth, new markets, and an ophthalmic division.
Homoeopathic medicine manufacturer Dr S C Deb Homeo Research Laboratory plans major capacity expansion, an ophthalmic division, stronger domestic presence and wider exports to support revenue growth. The company also intends to promote homoeopathy through research, public awareness, affordable medicines, and a proposed homoeopathic medical college and hospital.
July 12, 2026
Show AI Summary
Duty-free market access and social security exemption under the India-UK trade pact benefit exporters and professionals.
India-UK free trade agreement to allow all Indian exports to enter the British market duty-free from July 15, benefiting exporters, farmers, fishermen, MSMEs and domestic industries. The pact also covers merchandise, goods and services, and is stated to strengthen trade and economic ties between India and the UK. It further includes a Double Contribution Convention exempting Indian professionals working in the UK for up to five years from British social security contributions, with savings directed to provident fund accounts in India.
July 12, 2026
Show AI Summary
Regulatory oversight of airfares and securities relief in the Sahara OFCD matter set for Supreme Court hearing.
The Supreme Court is scheduled to hear a challenge by SEBI against a Securities Appellate Tribunal order granting relief to managers and the company secretary of Sahara India Commercial Corporation Ltd. in the OFCD matter. It is also scheduled to hear a plea seeking regulatory guidelines to curb unpredictable fluctuations in airfares and ancillary charges imposed by private airlines.
July 12, 2026
Show AI Summary
SEBI jurisdiction over OFCD public offer remains central as the Supreme Court hears Sahara-linked challenge.
SEBI has challenged before the Supreme Court the part of the Securities Appellate Tribunal order granting relief to managers and the company secretary of Sahara India Commercial Corporation Ltd. The tribunal had held that the OFCDs issued by SICCL constituted a public offer within SEBI's jurisdiction, dismissed the company's and directors' appeals, and separately allowed the appeal of the officials on the ground that employees could not be held liable for the company's acts.
July 12, 2026
Show AI Summary
Russian crude imports and refined-fuel trade shape India's role in global oil flows amid sanctions and exemptions.
India's imports of Russian crude oil rose to a record level in June, driven by higher deliveries to major Indian refineries, while Russia's crude export revenues declined because of weaker prices. The report also noted that India remained a significant channel in global trade flows of refined products made from Russian crude, including exports from Indian refineries to sanctioning jurisdictions, and that shipments refined from Russian crude continued to reach EU and UK ports under the reported trade conditions.
July 11, 2026
Show AI Summary
Private aviation eases industrial cluster connectivity with direct access, flexible schedules, and secure business travel.
Private aviation is presented as a connectivity solution for India's industrial clusters and economic corridors, where many high-productivity zones lack regular commercial air access. The article highlights the operational difficulty caused by dependence on distant metro airports, inflexible airline schedules, multi-stage travel, and the absence of practical same-day return connectivity. Business aviation is described as enabling direct travel to nearby airstrips and remote airports serving industrial zones, with advantages said to include faster movement, time efficiency, schedule flexibility, and secure and confidential cabin space for sensitive discussions.
July 11, 2026
Show AI Summary
Money laundering through recruitment scam proceeds allegedly funded hospitality businesses, flats and illegal municipal appointments.
Alleged proceeds of crime from a municipality recruitment scam were channelled into hospitality businesses and property acquisitions through cash sales, capital contributions, unsecured loans and shell-company borrowings. The Enforcement Directorate also alleged manipulation of municipal recruitment, illegal appointments in exchange for pecuniary gain, and abuse of position to regularise appointments without mandatory documents under applicable government guidelines, forming the second prosecution complaint under the Prevention of Money Laundering Act.
July 11, 2026
Show AI Summary
Farmer-centric tractor manufacturing milestone as Sonalika highlights in-house production, automation, and global export growth.
Sonalika Tractors marked a production milestone by rolling out its 20 lakhth tractor from its integrated manufacturing plant at Hoshiarpur, while highlighting its 30-year growth from its first tractor in 1996 to a global export business serving more than 150 countries. The company attributed its expansion to farmer-centric product development, Indian engineering, in-house manufacturing capability, automation, robotics, and extensive testing standards aimed at performance, durability, and reliability.
July 11, 2026
Show AI Summary
Tea sector support measures in Assam Budget aim to boost exports, cut costs, and strengthen worker welfare.
Assam Budget 2026-27 proposes tea sector support measures including export and production subsidies, tax relief for small tea growers, restoration of tax for larger assessees, lower VAT on piped natural gas, and welfare-linked spending for tea garden communities. The budget also strengthens incentives, healthcare, tea tourism and social infrastructure in tea garden areas.
July 11, 2026
Show AI Summary
Identity theft in loan fraud rackets highlights misuse of Aadhaar, PAN and mule accounts to obtain fraudulent credit.
Cyber fraud syndicate allegedly obtained personal loans by misusing Aadhaar and PAN details, including by changing Aadhaar-linked mobile numbers without the victims' knowledge. Police investigation indicates the use of mule accounts to route fraud proceeds and shows misuse of documents of around 50 victims to obtain loans from private non-banking financial companies.
July 11, 2026
Show AI Summary
Electronics export competitiveness gains focus as policy dialogue highlights stable frameworks, global value chains and export facilitation priorities.
Policy dialogue on strengthening India's electronics manufacturing and export competitiveness centred on the need for a stable and predictable framework to support export-oriented production, particularly in the context of global value chains. The consultation brought together government, industry and export promotion stakeholders to discuss balanced and actionable policy recommendations aimed at reinforcing India's position as a globally competitive electronics manufacturing and export hub. Key priority areas included greater integration of MSMEs into global value chains, harmonisation of HS Codes, closer coordination with Customs to reduce product misclassification and facilitate smoother exports.
July 11, 2026
Show AI Summary
Cyber fraud intelligence exposes cross-border money laundering through mule accounts and cryptocurrency, prompting coordinated anti-money laundering enforcement action
Financial intelligence analysis of a large-scale cyber fraud uncovered a sophisticated money-laundering network involving approximately Rs.868 crore in proceeds, more than 5,000 mule bank accounts, and cross-border cryptocurrency transactions. Cross-border intelligence exchange helped trace the cryptocurrency movements and identify the international money-laundering trail. The analysis supported enforcement measures under the Prevention of Money Laundering Act, 2002, including searches, seizure of cash and cryptocurrency, attachment of assets, and filing of two prosecution complaints.
July 10, 2026
Show AI Summary
Fresh apricot export logistics drive in Ladakh prioritises cold chain management, quality certification and timely farmer payments.
Ladakh administration prepared an export programme for fresh apricots, including the first overseas consignment to Dubai and broader access to other international markets. The initiative required coordinated procurement, grading, sorting, packaging, refrigeration, quality certification and transportation through farmer producer organisations, aggregators and a cooperative society, with dispatch scheduled through Delhi by special cargo aircraft. Officials were directed to ensure timely harvesting, uninterrupted cold chain management, quality standards, transparent payments and compliance with branding requirements.
July 10, 2026
Show AI Summary
Ethanol-blended petrol programme drives forex savings, farm income support and cleaner fuel policy through expanded blending and feedstock use.
The ethanol-blended petrol programme has expanded ethanol use, supported the sugar economy and improved payments to farmers. It is said to have saved foreign exchange by substituting crude oil imports, reduced carbon emissions, and created new demand for surplus crops. Maize has emerged as a major feedstock, and flex-fuel vehicles and a wider fuel road map are described as part of the policy direction.
July 10, 2026
Show AI Summary
Rupee gains on weaker dollar, softer crude and strong equity sentiment amid expectations of RBI support.
The rupee appreciated against the US dollar in interbank trade, supported by a weaker dollar index, easing crude oil prices, improved risk appetite in global markets and positive domestic equity sentiment. Market participants also noted that continued foreign portfolio inflows and buying by oil companies and importers influenced intraday movement, while traders expected the currency to trade within a defined near-term range.
July 10, 2026
Show AI Summary
Poor fiscal management and legislative neglect draw opposition criticism over Maharashtra's budget, infrastructure, education, and power-sector concerns.
Opposition parties criticised the Maharashtra government for poor fiscal management, limited legislative discussion, and reliance on supplementary demands that they said exposed flaws in the original budget. They also alleged governance failures in infrastructure, education, temple administration, examinations, and the power sector, including issues linked to the Mumbai-Pune Expressway's Missing Link project, unpaid contractor dues, and schools lacking basic facilities.
July 10, 2026
Show AI Summary
Foreign exchange reserves rise as higher currency assets, gold holdings and IMF-related balances lift India's reserve position.
India's foreign exchange reserves increased during the week ended 3 July 2026, according to the Reserve Bank of India, with higher foreign currency assets and gains in gold reserves contributing to the rise. Special drawing rights and the reserve position with the IMF also increased. The report notes that foreign currency assets are affected by valuation changes in non-US currencies, and refers to earlier reserve volatility linked to pressure on the rupee and RBI intervention through dollar sales.
July 10, 2026
Show AI Summary
FCV tobacco marketing support reviewed with focus on procurement, exports, digital reforms and grower welfare.
Measures for the Andhra Pradesh Flue Cured Virginia (FCV) tobacco marketing season 2025-26 were reviewed in consultation with growers, manufacturers, exporters, dealers, trade associations and the Tobacco Board. The discussions focused on accelerating procurement, facilitating exports and strengthening the marketing ecosystem for FCV tobacco, while protecting growers' interests. The review also covered restructuring of the Tobacco Board, enhancement of the Growers' Welfare Fund, simplification of registration procedures, digital initiatives, AI-based grading, export market expansion and crop diversification.
July 10, 2026
Show AI Summary
Equity market rally gains strength as IT earnings, easing crude prices and banking stocks lift sentiment across sectors.
Indian equity markets extended gains for a second straight session, closing higher on broad-based buying led by information technology, banking and realty stocks. Sentiment improved on easing crude oil prices, positive global cues, stability in the rupee and better-than-expected quarterly results from TCS, which lifted confidence in the IT sector and improved demand outlook. All sectoral indices ended in positive territory, while market breadth remained positive despite continued foreign institutional investor selling.
July 10, 2026
Show AI Summary
Caller identification rules for 140 and 1600 series calls limit app-based blocking, while DND registry controls promotional call preferences.
Calls originating from the 1600 series are reserved for service and transaction communications by regulated entities and government entities, and tagging, blocking or filtering of such calls by apps is not permitted under the Telecom Commercial Communications Customer Preference Regulation. Calls beginning with the 140 series are meant for registered telemarketers, and customers may allow or block such promotional calls through the Do Not Disturb registry, including by using the TRAI DND App. App-based tagging or filtering of 140 series calls is not allowed.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Kerala Assembly: LDF boycotts proceedings over Finance Bill’s Subject Committee bypass

July 1, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Thiruvananthapuram, Jul 1 (PTI) The Opposition LDF on Wednesday boycotted Kerala Assembly proceedings after the Speaker rejected its objection to the government taking up the Kerala Finance Bill—which proposes a sharp cut in taxes on certain liquor products—without referring it to the Subject Committee.

The protest came after Chief Minister V D Satheesan moved the Bill for consideration.

The LDF argued that the Bill should have undergone detailed scrutiny by the Subject Committee before being brought before the House.

Former finance minister K N Balagopal raised a point of order, saying the Bill had been brought "in great haste" and dealt primarily with liquor policy.

"Normally, a Finance Bill of this nature should be referred to the Subject Committee. That did not happen in this case," he said, adding, "almost all the major provisions in it relate to liquor. There are hardly any other significant provisions." He said members had been assured that such an important proposal would be implemented only after detailed discussions, but that commitment had not been honoured.

Balagopal argued that bypassing the committee undermined the legislature's role.

"Bringing this Finance Bill directly before the House without giving the Subject Committee an opportunity to examine it undermines the rights of the legislature. It reflects an approach that discourages discussion rather than encourages it," he said.

He questioned the substance of the Bill, saying it proposed amendments to the Kerala GST Act, including a 120 per cent levy in certain categories, and dealt with a policy that had been under discussion for nearly three years.

According to Balagopal, although the previous LDF government had examined similar proposals, it had consciously decided not to implement them, arguing that any change in excise policy should first be debated at the policy level.

Satheesan rejected the objections, saying all legal and procedural requirements had been followed.

He said the Bill was being taken up on the basis of a report of the Business Advisory Committee approved by the Assembly on June 24, 2026.

"When the House considered and approved the BAC report, not a single amendment was moved. The BAC included party leaders, including the honourable member himself. The decision was taken by the BAC. There was no objection at that stage," Satheesan said.

The CM rejected the Opposition's contention that the Bill should have been referred to the Subject Committee, asking whether the Finance Bill introduced on February 24, when the Left was in power, had been referred to the committee.

"If he wants to make political arguments or level allegations, he is free to do so during the debate on the Bill. But there is no legal basis for the objection he has raised," the CM said.

After the Speaker rejected the procedural objection, Leader of the Opposition Pinarayi Vijayan accused the government of pushing through a major policy change without adequate discussion.

Vijayan said the Opposition had initially agreed to the proposal at the BAC meeting because it had been informed that there would be no major changes to the Bill.

"None of us realised that such an important matter was being brought in this manner," he said. "It was only after we understood the implications that we registered our strong objection." Vijayan said the previous LDF government had only discussed promoting fruit wine made from locally produced agricultural products to benefit farmers and small industries, but had never taken a final decision.

"What is being done is entirely different. Instead of supporting local producers, the government is giving large liquor companies the freedom to market their products by substantially reducing taxes," Vijayan said.

He alleged that the proposed tax reduction exceeded 130 per cent and questioned why the government was insisting on implementing the measure despite the Opposition's objections.

Calling the move "unacceptable", Vijayan announced that the LDF would boycott the Assembly proceedings in protest against both the decision and the manner in which the Finance Bill had been brought before the House. PTI LGK SSK

Topics

Acts Income Tax