Voting thresholds revised for REIT unit holder decisions, and distribution payment timeline shortened to record-date based scheduling.
Amendments shorten distribution payment timing by requiring payment within five working days from the record date and define the record date as two working days after declaration; they also require vote calculations to be based on total votes cast and unit holders present and voting (including electronic and postal votes), mandate remote participation and electronic voting options for meetings, allow shorter notice with high consent, and impose electronic records backup, business continuity and disaster recovery obligations.

Voting threshold recalibration now counts unit holders present and voting, including electronic votes, altering approval mechanics.
The amendments standardize the trading lot for units, set minimum distribution frequencies (semi annual for publicly offered InvITs; annual for privately placed InvITs) with a defined record date and short payment timeline, revise voting thresholds to be calculated on the basis of unit holders present and voting (including electronic and postal votes), permit shorter meeting notice upon high consent, require remote audiovisual attendance and remote electronic voting for unit holder meetings, and impose strengthened electronic recordkeeping and business continuity obligations on investment managers and trustees.

Aadhaar authentication authorization permits a reporting entity to use Aadhaar-based verification for anti-money laundering compliance.
Central Government authorises HDB Financial Services Limited to perform Aadhaar authentication for the purposes of section 11A of the Prevention of Money laundering Act, subject to compliance with the privacy and security standards under the Aadhaar Act and following consultation with the Unique Identification Authority and the appropriate regulator.

Tariff value fixation for selected edible oils, metals, areca nut, gold and silver updated with specified table substitutions.
The notification amends the principal customs notification by substituting TABLE-1, TABLE-2 and TABLE-3 to fix tariff value benchmarks in US dollars for specified imported goods, including categories of edible oils, brass scrap, areca nut, and specified forms of gold and silver; the entries distinguish eligible forms for notification benefits and state the applicable per-unit tariff valuations, and the amendment takes effect from the day following publication.

Floor price requirement for delisting tightened; fixed price delisting added with valuation, escrow and acceptance thresholds.
Amendments create a separate fixed delisting price process alongside reverse book building, redefine floor price methodology (regulation 19A) prescribing multiple valuation metrics and an adjusted book value formula, and require an interest-bearing escrow with 25% initial deposit and 75% pre-announcement deposit of total consideration. Fixed price delisting requires the fixed price to be at least fifteen percent above the floor, applies only to frequently traded shares, and mandates acceptance if acquirer plus tenders reach ninety percent. Counter-offer and procedural timelines are clarified, and a special scheme-based delisting route for Investment Holding Companies is prescribed with valuation, disclosure, voting, compliance, and relisting conditions.

Appointment of tribunal members: Judicial and Technical members named for appellate tribunal with fixed-term, age-limited tenure.
Central Government appoints specified individuals as Judicial Members and Technical Members of the National Company Law Appellate Tribunal, naming two Judicial Members and two Technical Members. The appointments take effect from the date each assumes office and are for a fixed period of four years, subject to cessation upon attaining the age limit of sixty-seven years or until further orders; the notification is issued under the Ministry of Corporate Affairs with administrative reference.

Authorised representative appointment rules tightened; late Form CA ignored and interim representative permitted pending adjudication.
Amendments revise cross references in regulation 12 to refer to sub regulation (1), exclude Form CA submissions received after the public announcement time from consideration as an authorised representative, and provide that the insolvency professional selected under sub regulation (1) shall act as an interim representative with committee meeting rights and duties while the appointment application is under consideration. The Table in regulation 40A omits the row for Regulation 12(2) and removes the description and timeline entry related to verification of claims under regulation 12(2) from Regulation 13(1).

CSR-2 filing requirement: file CSR-2 separately after AOC-4 filings by the prescribed year-end deadline.
The amendment to rule 12(1B) of the Companies (Accounts) Rules, 2014 requires that for the financial year 2023-2024, Form CSR-2 be filed separately after filing Form AOC-4, Form AOC-4-NBFC (Ind AS), or Form AOC-4 XBRL, and that this separate filing be completed on or before 31st December, 2024.

Appointment of Advance Ruling Authority member: new Additional Commissioner named, replacing predecessor; committee to operate from Commissioner's office.
The Government appointed Sri N. Sai Kishore, Additional Commissioner (ST) (Grade-I), as Member of the Telangana State Authority for Advance Ruling in place of Sri S.V. Kasi Visweshwar Rao, made under the powers conferred by the Telangana GST statute and rules. The committee shall function from the Office of the Commissioner of State Tax, Telangana, Hyderabad, and the Commissioner of Commercial Taxes is directed to take necessary action to implement the appointment.

Qualification relaxation for Technical Member appointments allows Commercial Tax Department gazetted officers to qualify temporarily.
The Government relaxes the seniority qualification for appointment as Technical Member (State) in State Benches of the Goods and Services Tax Appellate Tribunal by allowing officers of the Commercial Tax Department of Gujarat who have completed long service as Gazetted Officers to qualify for a limited ten-year period, and substitutes the designation Joint Commissioner in place of the earlier specified senior designation; all other eligibility conditions under the appointing provision remain applicable.

Rajasthan GST enforcement powers enable designated DRI officers to investigate, assess, recover tax and enforce penalties statewide.
Specified DRI & EO officers are empowered to perform Rajasthan GST functions across the State, including tax determination, return scrutiny, assessment, investigation, inspection, search and seizure, summons, recovery, penalties, detention and confiscation proceedings. Most powers require prior written permission of the Director General, while specified functions are vested directly in that office. DRI & EO officers cannot initiate action on the same issue where Commercial Taxes Department proceedings against the taxable person have already begun under the identified scrutiny, assessment, or tax-determination provisions.

Producer company compliance deadline: must meet rule 9B(2) requirements within five years after financial year closure.
The amendment adds a proviso to sub rule (2) of rule 9B requiring a producer company covered by that sub rule to comply with its provisions within five years of the closure of the relevant financial year; the Amendment Rules take effect on publication in the Official Gazette.

Commencement dates set for Madhya Pradesh amendment: certain provisions effective 1 October, others effective 1 April next year.
The State Government, exercising its power to appoint commencement dates under the Madhya Pradesh (Second Amendment) Act, 2024, notifies staged commencement: certain provisions to commence on 1 October 2024 and the remaining specified provisions to commence on 1 April 2025, by administrative notification issued by the Commercial Tax Department in the name of the Governor.

Commencement of GST amendment: section 4 to commence on 1 October 2024; sections 2 and 3 on 1 April 2025.
Appoints commencement dates for provisions of the Gujarat Goods and Services Tax (Amendment) Act, 2024: 1 October 2024 for section 4 and 1 April 2025 for sections 2 and 3, under the commencement power in sub section (2) of section 1 of the Amendment Act, issued as a State tax notification by the Finance Department.

Dispute settlement under Vivad se Vishwas scheme: procedural forms, computed payment formulas and electronic certification required.
The Rules implement the Direct Tax Vivad se Vishwas Scheme, 2024 by prescribing definitions, electronic forms (Form 1 to Form 4), filing and verification procedures, and the role of the designated authority in issuing receipts, certificates and settlement orders. They fix the amount payable through formulas tied to filing dates and appellant status, provide detailed schedules for computing payable sums across appeal forums and dispute types, and set optional computation rules for reductions in loss, unabsorbed depreciation and MAT credit, with specified consequences for non payment and procedural requirements for withdrawal and proof.

Extension of notification validity: Punjab GST notification continued in force by executive amendment for public interest.
The Governor, invoking powers under section 3 of the Punjab Goods and Services Tax Act, 2017, has directed that Notification No. S.O.2/P.A.5/2017/S.3/2024 (dated 1 January 2024) shall be further valid until the newly specified terminal date, the extension being made on the satisfaction that it is necessary in the public interest and formalized by the Department of Excise and Taxation.

Revisional Authority powers under section 108 conferred on specified Punjab GST officers, defining scope and jurisdiction.
The Commissioner of State Tax, Punjab, by virtue of powers under the Punjab Goods and Services Tax Act, 2017, supersedes a prior notification and confers specified revisional authority powers: Additional Commissioners may revise orders of Joint Commissioners statewide; Joint Commissioners may revise orders of Deputy Commissioners statewide; and Deputy Commissioners may revise orders of Assistant Commissioners and State Tax Officers within their division. The notification takes effect on publication in the Official Gazette.

Commencement date amendment in Punjab GST notification makes a later stated date read as earlier effective date retroactively.
Amendment substitutes the commencement date in para 4 of the earlier Punjab GST notification by replacing the originally stated date with a different calendar date under authority of section 148, on Council recommendation, and declares that the notification shall be deemed to have come into force on and with effect from the original earlier commencement date.

Commencement of Section 19(f) activates that clause of the Competition (Amendment) Act as notified by the government.
Brings into force the commencement of Section 19(f) of the Competition (Amendment) Act, 2023 by official notification; the Central Government appoints a date for that clause to become operative under its power to prescribe commencement dates, recorded in a Gazette notification with an official reference.

Chief Inspector of Mines appointment under the Mines Act takes effect for all territories until further orders.
Appointment of the Director General of Mines Safety as Chief Inspector of Mines for all territories to which the Mines Act, 1952 extends, made by the Central Government in exercise of its power under section 5(1) of the Act. The appointment takes effect from 12.09.2024 (FN) and continues until further orders.