Repayment of government stock: maturity paid at par; holders must provide bank details or tender securities for payment.
Repayment of outstanding Government Stock is payable at par on the maturity date with no further interest; if that date is a State holiday under the Negotiable Instruments Act, repayment will be made on the preceding working day. Maturity proceeds to registered holders must be paid by pay order with bank particulars or by electronic credit to a bank account; holders must submit bank particulars in advance. Absent such particulars, holders may tender duly discharged securities at Public Debt Offices, Treasuries/Sub Treasuries, or designated bank branches twenty days before the due date for repayment.

e-District rollout expands electronic government-to-citizen service delivery nationwide via district implementation and funded infrastructure programme
Approval is granted for the national rollout of the e-District Mission Mode Project with a defined multi-year outlay and a funding split between the Government of India and States, coordinated by an Empowered Committee. States or their designated agencies will implement the project under nodal departmental oversight, deploying core IT infrastructure (SWANs, SDCs, SSDGs, CSCs) to deliver integrated electronic Government-to-Citizen services and modernize district and sub-district administration.

Government securities auction using uniform price method with reserved non-competitive allocations and pre-set settlement procedures.
Re-issuance of Central Government securities will be conducted by electronic uniform price auction on the Negotiated Dealing System with specified bid submission windows for competitive and non-competitive bids. Up to five percent of each notified issue is reserved for eligible applicants under a non-competitive bidding facility. Auction results and the settlement date for successful bidders are pre-announced, and the securities will be eligible for when-issued trading under existing central bank guidelines.

Architectural design competition awards announced; project to proceed subject to administrative clearances and scheduled construction timeline.
Awards were presented for a national architectural design competition for Rajaswa Bhawan; a jury selected first, second, third and three consolation winners from 58 entries, each receiving citation and cash prizes. The project site on Kasturba Gandhi Marg was reconfirmed, administrative and municipal clearances were expected within six months, construction was projected to begin by January 1, 2012, and completion was estimated within 24-30 months.

Income tax return forms: notification mandates distinct ITR types with prescribed schedules, mandatory bank details and filing obligations.
Income Tax Return Forms are notified for the assessment year, prescribing distinct ITR formats (ITR 1 to ITR 7) mapped to assessee categories and income types. Each form requires taxpayer and PAN details, filing status, completion of head wise schedules (salary, house property, business/profession, capital gains, other sources), Chapter VI A deductions, tax computation (tax, cess, reliefs, interest), and reporting of prepayments (advance tax, self assessment, TDS/TCS). Mandatory bank account details, verification/acknowledgement and attachment of specified schedules and audit certificates are required as applicable.

Tariff values for edible oils, brass scrap and poppy seeds notified; existing oil rates maintained, scrap and seed rates fixed.
Notification No.31/2011-Customs (N.T.) dated April 15, 2011 notifies tariff values for specified edible oils-listing crude palm oil, RBD palm oil, other palm oil grades, crude palmolein, RBD palmolein, other palmolein grades and crude soybean oil-and states that the existing values for those edible oil entries remain unchanged; the notification also specifies tariff values for brass scrap (all grades) and poppy seeds as the applicable import valuation benchmarks.

Tax amendments modify provisions across direct and indirect tax statutes affecting income tax, customs, excise, sales and service tax.
Amendments enacted by the Finance Act, 2011 revise substantive provisions of the Income Tax Act and indirect tax statutes-including Customs, Customs Tariff, Central Excise, Central Sales Tax, and Service Tax-and update implementing rules, notably the Cenvat Credit Rules, 2004, and various Service Tax and Central Excise rules, thereby altering statutory obligations and procedural compliance mechanisms.

Government securities auction: uniform price re-issue with non-competitive allotment and NDS electronic bidding, timed submissions and when-issued trading eligibility.
Announcement of an auctional re-issue of three central government securities to be conducted by the Reserve Bank of India using the uniform price method with electronic bids on the Negotiated Dealing System (NDS); both competitive and non-competitive bids permitted with up to five percent reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility, prescribed electronic submission windows for each bid type, fixed result and payment dates, and eligibility for when-issued trading under RBI guidelines.

Director Identification Number reform: PAN must be provided for Indian applicants and existing DINs must be updated to prevent duplicates.
The Ministry requires specific mandatory fields in DIN 1 to permit online allotment and automated examination, including applicant name, father's name, date of birth, PAN for Indian nationals and passport for foreign nationals; existing DIN holders who previously did not furnish PAN must file DIN 4 to supply PAN to prevent duplicate DINs.

DBFOT concession for four laning of an NH section advances toll based private participation with a fixed term concession including construction.
Approval was granted for four laning an 88.09 km stretch of National Highway NH 12 (Kota-Teendhar, Jhalawar) in Rajasthan under NHDP Phase III on a DBFOT basis in BOT (toll) mode, to be implemented by a private concessionaire under a 25 year concession period including a 30 month construction phase, with the project located in Kota and Jhalawar districts to enhance connectivity, reduce travel time and costs, and increase local employment.

DBFOT toll concession approved for national highway six laning project with long term concession and defined construction period.
Approval issued for six laning a section of National Highway NH 8 under NHDP Phase V on a DBFOT basis in BOT toll mode, with a specified concession period that includes a defined construction phase, an estimated project cost under DBFOT, and alignment through multiple districts as part of the Phase V programme.

National Clean Energy Fund establishes project financing framework with capped government assistance and interministerial approval process.
Creation of a National Clean Energy Fund establishes a dedicated public corpus to finance research, innovation and entrepreneurial ventures in clean energy technologies through loans or viability gap funding, with government assistance capped at a specified proportion of total project cost. An Inter Ministerial Group chaired by the Finance Secretary and including representatives of key ministries will approve eligible projects, design submission and evaluation formats, prescribe processing time frames, consult technical experts, and appoint agencies to monitor progress. Proposals from non-government applicants must be submitted via the concerned Ministry for IMG consideration.

Customs decision-making asserted as independent after CBEC denies ministerial call and confirms rule-based action and ongoing inquiries.
The Central Board of Excise and Customs denies any ministerial call to Mumbai Customs and affirms that the detention and decision regarding the Goa Education Minister were taken under Customs rules and regulations; investigations continue and details have been forwarded to other investigative agencies.

Double Taxation Avoidance Agreement urged for expedited ratification to enable tax information exchange and boost bilateral investment.
Expedited ratification of the Double Taxation Avoidance Agreement is urged to create an institutional mechanism for exchange of tax information and strengthen bilateral economic relations. The leaders also addressed encouraging investment by opening the insurance and banking sectors; opening insurance is part of the government's reform agenda and the Reserve Bank is preparing guidelines for new foreign bank branches.

Financial intelligence coordination: committee to review CEIB structure, data linkages and global best-practice alignment and governance.
A government committee was formed to review the Central Economic Intelligence Bureau (CEIB), its structure and operations. The committee will evaluate and recommend measures to streamline and strengthen financial intelligence gathering and dissemination, improve coordination among finance and national intelligence organizations, identify commercial databases for business intelligence, suggest linkages between CEIB and FIU IND, and prepare a roadmap to align CEIB with global best practices.

Timely filing of Supreme Court appeals requires immediate processing of High Court orders to prevent delay and ensure compliance.
Mandate for a zero delay regime in filing appeals/SLPs: CCITs/CITs must establish High Court Cells to monitor and disseminate daily High Court orders, initiate SLP proposals on ordinary or web-downloaded copies without awaiting certified copies, and submit proposals using Revised Proforma B with required annexures. Processing timelines span stages at the CIT, Directorate of L&R, and Ministry of Law, with DGIT (L&R) quarterly reporting on delays, vetting lags, and filing failures. SLPs must be confined to cases raising substantial questions of law and Commissioners must brief and prioritize assistance to Law Officers and appearing counsel.

Special government securities created to convert frozen insurance fund balances into transferable, repo eligible obligations with specified regulatory treatment.
Government-issued Postal Life Insurance Special Securities were created to convert frozen balances of postal life insurance funds into transferable government obligations eligible for repo. Holdings by banks and insurance companies will not qualify as statutory government securities for banking requirements; however, insurance company investments may be classified as "other Approved Securities" under insurance investment regulations. Provident, gratuity and superannuation fund investments are administratively treated as eligible investments by the Ministry of Finance.

Customs clarification: original World Cup trophy was presented, promotional perpetual trophy held and reclaimed by organisers.
CBEC stated the original World Cup trophy was presented to the winners; a separate ICC promotional perpetual trophy carried by two passengers in personal baggage was not on the ICC's exempt temporary import list and was held by Customs after consultation with the ICC Tournament Director, who confirmed it was not for use in the tournament and requested Customs warehouse retention until collection by ICC staff.

Refund clearance obligation: directive to officers to complete pending assessment-year refunds by the set deadline and ensure compliance.
Breach of the commitment to clear AY 2010-11 refunds by March 31, 2011 is noted; processing fell from 250,000 returns as of March 31 to 30,000 on April 1. The Chairman directs CCITs, CITs and subordinate officers to clear all pending refunds by April 10, 2011, identifies delayed system entry of paper refund returns as an operational cause, and warns that no laxity or inertia will be tolerated.

Tax exemption for ICC World Cup income in India grants tax-free status to ICC subsidiaries contractually liable to bear tax.
The Union Cabinet approved an income tax exemption for income arising in India from the ICC Cricket World Cup 2011, applicable to income received by ICC subsidiaries only where those entities are contractually obliged to bear the income-tax liability; this follows earlier amendments granting tax relief for international sporting events hosted in India.