Tariff value notification updates customs valuation for specified agricultural oils, metals, seeds and precious metals for imports.
CBEC, under section 14(2) of the Customs Act, substitutes TABLE 1, TABLE 2 and TABLE 3 of Notification No. 36/2001 Customs to fix tariff values for specified imports, including various palm and soybean oils, brass scrap, poppy seeds, areca nuts, and gold and silver; values are stated in US dollars with units per metric tonne, per kilogram for silver, and per ten grams for gold.

Economic classification of central budget reclassifies outlays by national income aggregates and government functions for analysis.
The Ministry of Finance issued an economic classification of the Central Government budget for 2013-14 that reclassifies budgetary outlays into national income aggregates-consumption, investment and transfer payments-and groups outlays by function into general, economic and social services to facilitate economic analysis.

Highway modernization financing: loan supports institutional reforms, asset management upgrades and road safety improvements across core state roads.
A loan provides IBRD assistance to modernize highway financing and institutions, improve asset management, and strengthen road safety, directly improving about 625 km of core state roads to benefit local businesses, inhabitants and road users. The project has three components-Highway Improvement; Sector Policy and Institutional Development; and Road Safety Management-and includes innovations such as expanded contracting approaches, an IBRD guarantee for PPP credit enhancement, integrated safety in asset management, institutional development, inter-agency coordination, and a green highway pilot, with the state Department of Roads & Building as implementing agency over five years.

Loan agreement for rural roads connectivity sets multilateral financing, state implementation duties, and structured lending terms.
A second tranche loan agreement under the Rural Connectivity Investment Program commits ADB ordinary capital resources and Government of India counterpart funding to construct all weather rural roads in five States. The Ministry of Rural Development is the executing agency, State Rural Roads Development Agencies implement the works, and the project covers road construction, design, safety and asset management within a defined multi year timetable and specified loan terms including term, grace period, charges and LIBOR based interest.

Full foreign direct investment automatic route in ports allows foreign participation subject to security clearance and tax incentives.
The policy permits 100% FDI under the automatic route for port development projects, coupled with income tax incentives under the Income Tax Act, 1961, and situates these measures within a Maritime Agenda target to expand port capacity. Foreign developers require security clearance informed by the Ministry of Home Affairs, the Ministry of External Affairs and the Ministry of Defence, with procedures described as streamlined to balance expedited investment with national security vetting.

Interest on excess tax refunds is a statutory entitlement treated as reduction from tax revenue, not a budgetary expenditure.
Interest on refunds of excess tax is a statutory, non discretionary obligation under the Income Tax Act and has been treated as a reduction from gross tax revenue rather than a separate expenditure in annual financial statements; a legal opinion concluded it is not an expenditure under Article 112(1) and the Government will consider and respond to the Parliamentary committee's observations within the prescribed period.

Budget secrecy maintained through a mandatory lock-in of officials during the printing process before presentation.
The interim budget printing process is commenced by a halwa ceremony and conducted at the dedicated North Block Budget press, where officials involved in preparation and printing are placed under a mandatory "lock-in" to maintain confidentiality and restrict contact with outsiders until the Finance Minister presents the Budget in Parliament.

Infrastructure Debt Funds mobilising long term institutional capital to finance project loans under tripartite project agreements.
Infrastructure Debt Funds should mobilise long term capital from insurance and pension sectors to support infrastructure development. A tripartite agreement between India Infradebt Limited (promoted by ICICI Bank, Bank of Baroda, Citibank and LIC), Himalyan Expressway Limited and the National Highways Authority of India enables the IDF to disburse its first loan for strengthening an operational carriageway project, demonstrating the IDF structure's role in attracting investor confidence and providing long term project financing.

Exchange rate determination under Customs Act sets conversion rates for imported and export goods, replacing prior notification.
Determination of exchange rates under the Customs Act prescribes distinct conversion rates for listed foreign currencies effective 7 February 2014, superseding the earlier notification; two schedules set separate rupee equivalents for imported goods and for export goods to be used in customs valuation and processing.

Clean Energy Fund financing expansion permits already-appraised renewable energy programmes to access unallocated fund balances subject to ministerial approval.
Amendment permits financing from the National Clean Energy Fund of schemes and programmes in the new and renewable energy sector that have been appraised through SFC/EFC channels where Fund balances remain after Inter Ministerial Group approvals, subject to Finance Minister approval; two specified renewable energy programmes were selected for funding, enabling unlocking of Fund resources for sector programmes and redeployment of freed fiscal resources to other social sector programmes.

Skill certification linked to monetary rewards and customised bank debit cards enhances vocational skilling and financial inclusion for trainees.
The STAR scheme provides industry-oriented training, independent assessment and certification, and monetary rewards disbursed via a customised bank debit card that includes accident insurance; it is implemented by NSDC with Sector Skill Councils, training partners and assessment agencies under a public-private partnership to scale vocational skilling and link certified workers to industry demand.

Cancellation of deferred securities auction reduces government market borrowing programme for the fiscal year after cash position review.
Cancellation of deferred auction of dated securities following a review of the government's cash position and funding requirement, rescinding a scheduled deferred auction and reducing the Government's market borrowing programme for the relevant fiscal year to that extent.

Disaster reconstruction financing secured for Uttarakhand recovery under concessional multilateral loan and grant terms and assistance.
A multilateral financing agreement provides emergency reconstruction funding and implementation support for Uttarakhand after the June 2013 disaster. The Asian Development Bank will provide a majority concessional loan complemented by grant elements and a government counterpart contribution; technical assistance on grant terms will support project implementation. Funding will finance rehabilitation and reconstruction of roads, bridges, water supply and treatment systems, urban roads, tourism infrastructure and emergency aviation facilities, and will include measures to improve disaster preparedness and restore economic and social conditions in affected areas.

Financial stability coordination to address inflationary pressures and implement FSLRC and Basel III measures for bank resilience.
The FSDC reported that deceleration in growth was arrested but inflationary pressures and structural bottlenecks continue to weigh on growth. The Council advanced market development measures (corporate debt market, infrastructure debt funds, revised FPI rules, common demat account), directed time bound resolution of inter regulatory issues by the Sub Committee, prioritized implementation of FSLRC recommendations, reviewed bank asset quality and capital adequacy, and advised revising investment norms to enable insurance and pension funds to invest in Basel III capital instruments.

Central Pay Commission composition approved; chair, members and secretary named to proceed with pay revision mandate.
Approval is recorded for the composition of the 7th Central Pay Commission, naming Justice Ashok Kumar Mathur as Chair, a full time member from senior administration, a part time member from an economic research institution, and a designated secretary to provide administrative and expenditure department liaison, thereby authorizing the Commission to proceed with its pay revision and related administrative mandate.

Viability Gap Funding approvals advance several road PPP projects, granting final and in principle support under the VGF scheme.
The Empowered Institution approved support under the Viability Gap Funding scheme for road sector PPPs, granting final approval to one MoRTH project and in principle approval to five additional state sponsored road projects, applying the scheme's eligibility and sanctioning process to both final and conditional endorsement stages.

Tariff value revision for imported commodities updates customs valuation for edible oils, metals, and agricultural products.
The Central Board of Excise & Customs amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 to prescribe tariff values for specified imported goods. TABLE-1 supplies per metric tonne values for edible oils (various palm oil and palmolein types, crude soybean oil) and items such as brass scrap and poppy seeds; TABLE-2 fixes valuation units for gold and silver where certain notification benefits apply; TABLE-3 sets the per metric tonne value for areca nuts.

Double taxation avoidance: treaty limits source taxation and provides information exchange and anti-abuse safeguards for cross-border investment.
A Double Taxation Avoidance Agreement between India and Fiji allocates taxing rights by taxing business profits in the source State only when a permanent establishment exists, taxes aircraft operation profits in the country of place of effective management, allows residence and source taxation of dividends, interest, royalties and technical service fees subject to treaty maximum source rates, treats capital gains on share transfers as taxable in the source State, and includes exchange of information, assistance in tax collection, and anti-abuse provisions to prevent treaty misuse.

Auction of government securities via uniform price method enabling competitive and non-competitive bids with electronic submission.
Sale by re-issue of central government securities will be conducted by price-based auction using the uniform price method; both competitive and Non-Competitive Bidding are allowed with up to five percent of each issue reserved for eligible individuals and institutions. Bids must be submitted electronically on the central bank's core banking platform within prescribed time windows, payment by successful bidders occurs on the stated settlement date, and the stocks are eligible for When Issued trading under the central bank's guidance.

Risk Management System: customs directed to set measurable goals to reduce dwell time and paperwork and master IT
The Finance Minister directed Customs to strengthen and quantify its Risk Management System (RMS) by setting measurable quantitative goals focused on reduction of dwell time and reduction of paperwork, and urged customs officers to master and keep pace with technology and IT systems. He credited restrictions on gold imports with helping contain the Current Account Deficit and indicated those restrictions may be revisited at fiscal year end.