GST rate amendment adds metal scrap entry, affecting tax treatment for registered and unregistered persons.
The notification amends Notification No. 04/2017 State Tax (Rate) by inserting S. No. 8 into the Table to add an entry for "Metal scrap" with the numeric codes "72, 73, 74, 75, 76, 77, 78, 79, 80 or 81" and indicates applicability to "Any unregistered person" and "Any registered person." The amendment is made under sub section (3) of section 9 of the Delhi Goods and Services Tax Act, 2017, and takes effect on the 10th day of October, 2024.

Consent-based information sharing on a public tech platform enables interoperable API-driven data access for credit ecosystem use.
Notification designates Public Tech Platform for Frictionless Credit as the system with which a common portal may share information based on consent, describing the platform as an enterprise-grade open-architecture IT environment that enables convergence of financial service providers and multiple data service providers through standardised, protocol-driven open APIs to facilitate access to diverse data sources for a large credit ecosystem.

Membership substitution in SEZ Authority: two members replaced under statutory power to amend SEZ notifications.
Amendment to the SEZ notification substitutes two nominated members of the MEPZ SEZ Authority. Exercising powers under Section 31 of the Special Economic Zones Act, 2005, the Central Government replaces Shri Shyam Sundar Todi and Shri R Chandrasekaran with Shri Jasbir Singh Gujral and Shri Bhaskar Rao Ramineni, updating the membership entries in the earlier S.O. 4773(E) notification.

Appointment of tribunal members establishes fixed-term tenures and pay scale for judicial and technical positions.
Central Government appoints multiple Judicial and Technical Members of the National Company Law Tribunal under section 408 of the Companies Act, 2013, specifying that each appointment attracts the specified pay scale and commences on the date the appointee assumes charge. Each term is for five years from assumption of charge or until attaining age sixty-five or until further order, whichever is earliest, with certain members given specific permissible assumption dates.

Commencement of GST amendment provisions fixed by staged notification for different sections of the Uttar Pradesh tax law.
The Governor appointed commencement dates for provisions of the Uttar Pradesh Goods and Services Tax (Amendment) Act, 2024 under section 1(2) of the Act. Section 4 was deemed to have come into force on 1 October 2024, while sections 2 and 3 were brought into force from 1 April 2025. The notification fixed the staged operation of the amendment Act by identifying different dates for the activation of its specified provisions.

Appointment of nodal officer for GST intelligence designates DGGI Additional/Joint Director to oversee IGST section 14A(3) compliance.
The Central Government designates the Additional/Joint Director (Intelligence) of the Directorate General of GST Intelligence Headquarters as the nodal officer under the Information Technology Rules, 2021 for purposes relating to section 14A(3) of the Integrated Goods and Services Tax Act; the designation takes effect from publication in the Official Gazette and is issued by the Department of Revenue, Ministry of Finance.

Tax Collection at Source exemption for IFSC Units requires a verified Form 1A declaration and seller reporting obligations.
A Unit of an International Financial Services Centre shall not be treated as a buyer for Tax Collection at Source purposes provided the Unit furnishes a verified statement cum declaration in Form No. 1A declaring the ten consecutive previous years for which it opts for the IFSC deduction; the seller must stop collecting tax after receiving the Form and must report payments on which tax was not collected in the statutory collection statement. The exemption applies only for the declared consecutive years; definitions and data security and transmission procedures are to be prescribed by the Income tax (Systems) authorities.

Minimum import price condition extended for synthetic knitted fabrics; CIF threshold allows free import and export-user exemptions apply.
Extension of Minimum Import Price (MIP) is applied to specified synthetic knitted fabrics under Chapter 60, converting their import policy to "Restricted" but permitting free import when CIF meets the prescribed per-kilogram threshold; Advance Authorisation holders, Export Oriented Units and SEZ units importing inputs not sold into the Domestic Tariff Area are exempt from the MIP condition.

Export permission for wheat to Nepal granted through National Cooperative Exports Limited under Foreign Trade Policy.
The Central Government, exercising powers under the Foreign Trade (Development & Regulation) Act, 1992 and relevant Foreign Trade Policy provisions, authorizes export of a specified quantity of wheat (HSN 1001) to Nepal to be carried out through a designated cooperative export agency, with the Directorate General of Foreign Trade issuing the notification that implements this channel-specific export permission.

Biometric Aadhaar authentication centres are designated for GST registration applicants across notified jurisdictional areas, effective from the stated date.
Biometric-based Aadhaar authentication for GST registration applicants is to be undertaken through designated Facilitation Centers under the proviso to sub-rule (4A) of Rule 8 of the Rajasthan Goods and Services Tax Rules, 2017. The notification maps specified State Tax circles, AC/CTO wards and ward headquarters across the notified zones to corresponding Facilitation Centers and their office locations. The designated network covers jurisdictional areas throughout Rajasthan, including Bikaner, Jaipur, Pali, Ajmer, Udaipur, Bhiwadi, Jodhpur, Alwar, SriGanganagar, Bhilwara, Bharatpur and Kota zones. It takes effect from 7 January 2025.

Income exemption under section 10(46): specified horticulture grants, activity revenue and interest exempt subject to compliance.
The Central Government notifies that the Karnataka State Horticulture Development Agency's specified income-grants in aid from Central and State Governments, revenue from horticulture activities per its Memorandum of Association, and interest on bank deposits-is exempt under clause (46) of section 10 of the Income tax Act, subject to conditions prohibiting commercial activity, requiring unchanged activities and income character across financial years, and mandated return filing under clause (g) of sub section (4C) of section 139; the notification applies retrospectively for specified assessment years.

Exemption under section 10(46): specified municipal, rental and interest income exempt for Rabindra Setu subject to conditions.
Notification grants income tax exemption to The Commissioners for the Rabindra Setu, Kolkata for specified receipts-municipal and railway tax proceeds, miscellaneous income such as rental, maintenance, fibre laying and way leave receipts and recoverable damage costs, and interest on bank deposits-subject to conditions: no commercial activity, unchanged activities and income nature, and filing returns as required by clause (g) of sub section (4C) of section 139; applied retrospectively to assessment years 2019 2020 to 2023 2024.

Certification requirement for investment advisers: mandatory NISM initial and renewal exams to maintain compliance and standing.
An obligation is imposed that investment advisers, their associated persons, principal officers of non individual advisers, and partners of adviser partnership firms must pass the designated initial certification examinations and, before expiry of their existing certificates, obtain the prescribed renewal certification to maintain continuity of compliance; the notification takes effect on publication and rescinds prior related notifications.

Stakeholder consultation in trade policy may be sought, while government can withhold reasons for national security or confidentiality concerns.
Amendment inserts Para 1.07A permitting the Central Government to seek views from relevant stakeholders, including importers, exporters and industry experts, on formulation or amendment of the Foreign Trade Policy and, where possible, to allow a time limited period for submissions, while preserving the Government's right to act suo moto without consultation. Para 1.07B allows the Government, on a best endeavour basis, to give reasons to stakeholders when their feedback is not incorporated but exempts disclosure where doing so would harm trade relations, national security, conflict with policies or obligations, concern narrow private interests, or require revealing confidential information, and confirms no legal right to compel such reasons.

No tax deduction under section 194Q for purchases from IFSC Units where seller files verified declaration; buyer must report.
No tax is to be deducted by a buyer under the purchase-linked withholding provision on payments to an IFSC Unit seller if the seller furnishes and verifies the prescribed Form No. 1 declaring the ten consecutive assessment years for which it opts for deduction under the relevant incentive provision. After receipt of the verified declaration the buyer shall not deduct tax for those years and must report all such payments in the statutory TDS statement; the relief is limited to the declared years. Systems procedures and security standards will be prescribed, effective 1 January 2025.

No tax deduction on payments to a Central Government financed credit guarantee fund after official notification.
The Central Government, exercising powers under the Income tax Act, notifies that no deduction of income tax under the Chapter governing tax deduction at source shall be made on payments received by a credit guarantee fund that is established and wholly financed by the Central Government and managed by the National Credit Guarantee Trustee Company Limited; the notification is effective from its publication in the Official Gazette.

No tax deduction on payments to National Credit Guarantee Trustee Company under Chapter XVII, effective upon publication.
No deduction of income-tax shall be made under Chapter XVII on payments received by the National Credit Guarantee Trustee Company Limited, a company established and wholly financed by the Central Government for operating credit guarantee funds established and wholly financed by the Central Government; the notification is effective from its publication in the Official Gazette.

CSR-2 filing deadline extended allowing additional time for submission under amended Companies (Accounts) Rules compliance.
The Central Government amends Companies (Accounts) Rules, 2014 by substituting in rule 12, sub rule (1B) fourth proviso the earlier deadline with a later date, thereby extending the filing period for Corporate Social Responsibility reporting in Form CSR 2; the amendment takes effect on publication in the Official Gazette.

Carry forward of unspent administrative expenses permitted, with reporting in Form FC 4 and chartered accountant certification required.
Associations may carry forward the unspent part of allowable administrative expenses to the immediately succeeding financial year with reasons recorded in Form FC-4. Form FC-4 is amended to add a receipt item for transfer of the foreign contribution part of income tax refunds from non FCRA accounts, a detailed schedule for carry forward calculations and reasons, and expanded chartered accountant particulars and certification language requiring examination of FC 4 entries and disclosure of any violations.

Online money gaming taxation: platform organisers deemed suppliers and taxable for specified actionable claims supplied to persons in India.
The Act defines "online gaming" and "online money gaming"-the latter encompassing payments or deposits of money or money's worth, including virtual digital assets, for chances to win-adopts the Income tax Act meaning of virtual digital asset, adds "specified actionable claims" to include betting, casinos, gambling, horse racing, lottery and online money gaming, deems organisers or platform operators of such supplies to be suppliers liable for GST, extends taxation to online money gaming supplied from outside India to persons in India, and substitutes "specified actionable claims" in Schedule III while preserving other regulatory laws.