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
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
❯❯
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
August 6, 2026
Show AI Summary
Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
August 6, 2026
Show AI Summary
Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
August 6, 2026
Show AI Summary
Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
August 6, 2026
Show AI Summary
Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
August 6, 2026
Show AI Summary
Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
August 6, 2026
Show AI Summary
Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
August 6, 2026
Show AI Summary
Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
August 5, 2026
Show AI Summary
Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
August 5, 2026
Show AI Summary
Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
August 5, 2026
Show AI Summary
Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
August 5, 2026
Show AI Summary
On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
August 5, 2026
Show AI Summary
Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
August 5, 2026
Show AI Summary
Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
August 5, 2026
Show AI Summary
Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
August 5, 2026
Show AI Summary
Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
August 5, 2026
Show AI Summary
Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
August 5, 2026
Show AI Summary
Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
August 5, 2026
Show AI Summary
Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
August 5, 2026
Show AI Summary
Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
August 5, 2026
Show AI Summary
Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

HIGHLIGHTS

July 31, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

New Delhi, Jul 31 (PTI) Following are the top stories at 9 pm NATION DEL97 MEA-US-BILL (8.56 PM)

Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil New Delhi: Days after the US Senate cleared a new bill that would authorise President Donald Trump to impose tariffs of up to 100 per cent on India, China and other major buyers of Russian oil and gas, New Delhi on Friday said it was closely monitoring the situation.

DEL51 MEA-INDIA-POJK (4.52 pm)

India calls for global scrutiny over Pak's 'ruthless' crackdown in PoJK New Delhi: India on Friday called upon the international community to scrutinise Islamabad's "ruthless" use of force against peaceful protesters in Pakistan-Occupied-Jammu and Kashmir (PoJK) and hold it accountable for the "atrocities".

DEL92 PM-INDIA-LD UK (8.12 PM)

PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal New Delhi: Prime Minister Narendra Modi and his British counterpart Andy Burnham vowed on Friday to take the India-UK comprehensive strategic partnership to "new heights" and maximise the benefits of the newly operationalised trade deal during a phone conversation covering key aspects of bilateral ties.

BOM32 MH-6THLD COLLAPSE (8.40 PM)

10 killed as 4-storey building, declared 'dangerous' in 2020, collapses in Bhiwandi town Thane: At least 10 people were killed and three others injured after a four-storey residential building, tagged as 'dangerous' in 2020 by the local civic body and currently undergoing repairs illegally, collapsed in Bhiwandi town of Maharashtra's Thane district, officials said on Friday.

DEL94 PM-CABINET (8.24 PM)

Modi hails Cabinet decisions on PM-Kisan extension, Khelo India expansion, key flagship schemes New Delhi: Prime Minister Narendra Modi on Friday hailed the Union Cabinet's decision to extend the PM-KISAN scheme for another five years till 2030-31 with an outlay of over Rs 3.15 lakh crore, saying it will help farmers meet their needs related to seeds, fertilisers, and farming while improving their economic condition.

DEL96 MEA-INDIANS-LD RUSSIA (8.27 PM)

2 dozen Indians still working with Russian Army, efforts on to secure their release: MEA New Delhi: India on Friday said around two dozen Indian nationals are still serving in the Russian Army and efforts are underway to secure their release.

DEL62 CAB-LD OIL EXPLORATION (5.27 PM)

Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well New Delhi: The Union Cabinet on Friday approved the Rs 84,084-crore "Samudra Manthan" National Offshore Exploration Scheme to partly fund the high cost of finding oil and gas in deepwater areas, drilling exploratory wells and building common infrastructure to bring new discoveries into production.

DEL59 CAB-LD-PM KISAN (5.11 PM)

Cabinet approves extension of PM-KISAN scheme till FY'31 with outlay of Rs 3.15 lakh crore New Delhi: The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total outlay of over Rs 3.15 lakh crore, a decision aimed at providing financial support to farmers.

DEL90 IMD-AUG-LD FORECAST (7.27 PM)

Average rainfall in India during second half of monsoon to be below-normal: IMD New Delhi: India as a whole is most likely to witness below-normal rainfall during the second half of the southwest monsoon from August to September, the India Meteorological Department (IMD) said in its monthly forecast issued on Friday.

PAR9 LS-LD BIRTH BILLS (1.43 pm)

Births and Deaths (Amendment) Bill, 2026, passed in LS amid protests over police crackdown New Delhi: The Lok Sabha on Friday passed the Registration of Births and Deaths (Amendment) Bill, 2026, amid Opposition protests over the police crackdown on students during the July 20 Parliament march, with the legislation being cleared without a debate.

PAR11 CONG-LS-PRIVILEGE (2.58 pm)

'Misled House': KC Venugopal submits privilege motion notice against Union minister Jitendra Singh New Delhi: Congress MP K C Venugopal on Friday submitted a notice to move a privilege motion against Union Minister Jitendra Singh over his statement that "no firing took place" during the recent student protests.

CAL31 WB-CM-2ND LD REVENUE LEAKAGE (6.38 PM)

Suvendu alleges Rs 15,000 crore revenue leak in Birbhum under TMC rule, accuses Mamata of complicity Kolkata: West Bengal Chief Minister Suvendu Adhikari on Friday alleged an approximate Rs 15,000 crore revenue leak in Birbhum district alone over the past 15 years, and said it would not have been possible without the support of the previous Mamata Banerjee dispensation.

MDS37 LD CAUVERY (8.16 PM)

Cauvery row rages on; CM-level talks in limbo as Shivakumar asks Vijay to defer B'luru visit Bengaluru/Chennai: The Cauvery water sharing row involving neighbours Karnataka and Tamil Nadu deepened on Friday, with Chief Minister DK Shivakumar asking his TN counterpart to defer his Bengaluru visit for talks amid mounting opposition pressure and a bandh call given by pro-Kannada outfits who vented their anger by targeting C Joseph Vijay's latest flick Jananaygan in Karnataka theatres.

LEGAL LGD43 DL-COURT-RIOTS-2NDLD TAHIR (7.48 PM)

IB officer murder: Delhi court sentences ex-AAP councillor Tahir Hussain, 4 others to life imprisonment New Delhi: A Delhi court on Friday sentenced former AAP councillor Tahir Hussain and four co-convicts to life imprisonment for the murder of Intelligence Bureau officer Ankit Sharma during the 2020 Delhi riots, saying the case did not fall within the "rarest of rare" category warranting death penalty.

LGD32 SC-INDIANS-LD RUSSIA (5.35 PM)

SC directs Centre to appoint nodal officer, assist families of those killed or missing in Russia-Ukraine war New Delhi: The Supreme Court on Friday directed the Centre to appoint a nodal officer in the external affairs ministry to coordinate with the families of those who have died, gone missing, or suffered injuries while fighting in the Russia-Ukraine war.

BUSINESS DEL80 BIZ-META-MEITY-LD-POST (6.56 PM)

Meta global team to be questioned on issues of algorithmic bias, public order role: Govt sources New Delhi: The government will question Meta's global team - summoned after the social media company briefly restricted Prime Minister Narendra Modi's Facebook post - on issues relating to algorithmic bias, the platform's algorithmic processes and their role in public order, sources said on Friday.

DEL85 BIZ-RBI-BANK CREDIT (7 PM)

Bank credit to industry records robust growth of 19.2 pc in June: RBI data Mumbai: Bank credit to industry recorded a robust growth of 19.2 per cent in June compared to 6.3 per cent in the year-ago period as large companies as well as MSMEs displayed broad-based expansion, according to RBI data released on Friday.

FOREIGN FGN53 NEPAL-2NDLD CURFEW (6.10 PM)

Nepal authorities extend curfew to Saptari district bordering India as communal unrest spreads Kathmandu: Nepalese authorities on Friday imposed an indefinite curfew in parts of Saptari district in Madhesh province bordering India after protests broke out over the recent communal violence in neighbouring Sunsari.

FGN65 PAK-LDALL MOUNTAINEERS (8.53 PM)

British-Nepali climber Purja among 6 missing on Pak peak after avalanche, 4 bodies recovered Islamabad/Kathmandu: Nepal's veteran mountaineer Nirmal Purja was among six climbers missing after an avalanche struck an expedition on Pakistan's Broad Peak, where rescuers recovered four bodies and continued search operations despite adverse weather on Friday.

PTI APL APL

Topics

Acts Income Tax