Extension of tax exemption for sovereign wealth fund under section 10(23FE) prolongs its applicability for an additional year.
The Central Government amends the principal notification to replace the stated expiry date for the exemption granted to Stretford End Investment Pte. Ltd. under clause (23FE) of section 10, thereby extending the period of the exemption; the amendment modifies the opening paragraph of the earlier notification and applies except as respects acts or omissions between the first day of April preceding the amendment and the date of publication in the Official Gazette.

Extension of exemption under section 10(23FE) extends benefit to specified sovereign wealth fund through the next fiscal year.
The Central Government amends the notification dated 5 May 2021 to substitute the expiry date "31st day of March, 2024" with "31st day of March, 2025" for the income-tax exemption granted to the sovereign wealth fund Dagenham Investment Pte. Ltd., the amendment being notified on 18 July 2024 and subject to the proviso concerning acts or omissions on and from 1 April 2024 until publication.

Exemption under Section 10(23FE) extended for sovereign wealth fund income by notification amendment, validity prolonged to next fiscal year.
The Central Government amends the principal notification under the Explanation to clause (23FE) of section 10 of the Income-tax Act to substitute the earlier terminal date with a later terminal date, thereby extending the period during which the specified sovereign wealth fund's income remains exempt; the amendment operates except as respects acts or omissions from the first day of April following the prior terminal date until publication of the amending notification in the Official Gazette.

Extension of tax exemption under section 10(23FE) extends relief for a specified sovereign wealth fund for an additional year.
Amendment extends the income-tax exemption granted to the sovereign wealth fund Bricklayers Investment Pte. Ltd. by substituting the prior terminal date in the principal notification with a later terminal date, thereby prolonging the period of exemption; the change is effected by a Department of Revenue gazette notification and operates from the stated operative date until the substituted terminal date.

Exemption under Section 10(23FE) extended for the specified pension fund, continuing tax-exempt status into the next fiscal year.
The Central Government amends the opening paragraph of Notification S.O. 1735(E) (4 May 2021) to substitute the terminal date "31st day of March, 2024" with "31st day of March, 2025", thereby extending the exemption under Section 10(23FE) for the named pension fund and giving effect from 1st April, 2024 until publication of the amending notification.

Exemption under section 10(23FE) extended to 31 March 2025 for the specified pension fund by government notification.
The Central Government amends Notification S.O. 1734(E) dated 4 May 2021 to extend the exemption under section 10(23FE) by substituting the terminal date "31st day of March, 2024" with "31st day of March, 2025," with effect subject to acts or omissions on and from 1 April 2024 until publication of the amendment in the Gazette.

Exemption under section 10(23FE) extended for the specified pension fund, prolonging its tax-exempt status to next year.
The notification amends the opening paragraph of Notification No. 44/2021 by substituting the terminal date "31st day of March, 2024" with "31st day of March, 2025", extending the exemption under Section 10(23FE) for the specified pension fund; the amendment is made under sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) and is effective in respect of acts or omissions from 1 April 2024 until publication.

Extension of exemption under section 10(23FE): exemption period extended to 31 March 2025, operative from 1 April 2024.
The Central Government amends Notification No. 43/2021 by substituting "31st day of March, 2024" with "31st day of March, 2025" in its opening paragraph, extending the period of the income-tax exemption granted under the provisions cited; the amendment is made "except as respects things done or omitted to have been done on and from the 1st day of April, 2024 till the date of publication of this notification in the Official Gazette."

Exemption under section 10(23FE) extended for the specified pension fund, prolonging its tax-exempt status through next March.
The Central Government amends the earlier notification under the explanatory provision to clause (23FE) of section 10 of the Income-tax Act by substituting the prior terminal date of the exemption with a later terminal date, thereby extending the period during which the named pension fund remains eligible for the exemption; the amendment applies from the first day of April of the extended year until publication of this notification in the Official Gazette.

Exemption extension under section 10(23FE) preserves tax-exempt status for the Canada Pension Plan Investment Board until fiscal year end.
The Central Government amends the principal notification granting an income-tax exemption under Explanation 1 to clause (23FE) to continue the exemption for the Canada Pension Plan Investment Board by substituting the terminal date in the opening paragraph, thereby extending the period of applicability of the exemption from the start of the new fiscal period until publication of this notification.

Tax exemption under Income Tax provision for a sovereign wealth fund extended by notification to cover an additional year.
The Central Government amends the opening paragraph of the principal notification to substitute the previously specified expiry date with a new date one year later, thereby extending the income tax exemption for the specified sovereign wealth fund for the amended period while preserving acts done from the earlier April first until publication.

Extension of tax exemption for a sovereign wealth fund under section 10(23FE) prolongs the fund's eligible exemption period.
Extension of tax exemption for the sovereign wealth fund MIC Redwood 1 RSC Limited is effected by substituting the terminal date in the opening paragraph of the original notification, thereby extending the period during which the fund remains eligible for the exemption under section 10(23FE); the amendment has effect from the first day of April preceding the substitution until publication of the amending notification in the Official Gazette.

Turnover-based exemption: registered persons below prescribed turnover threshold exempted from filing annual return for the specified financial year.
Notification exempts registered persons whose aggregate turnover up to the specified threshold from the obligation to file the annual return for the relevant financial year, exercised by the Commissioner under the statutory proviso on the Council's recommendation.

Advance Ruling Authority appointment: Additional Commissioner named as member, conferring statutory authority to hear advance rulings.
Shri Joyjit Banik, Additional Commissioner of State Tax, is appointed as a member of the West Bengal Authority for Advance Ruling under the statutory power conferred by sub-section (2) of section 96 of the West Bengal Goods and Services Tax Act, 2017, and the appointment is deemed to have come into force with retrospective effect from the specified earlier date.

De-notification of SEZ land reduces notified IT SEZ area following statutory procedure and state approvals.
Central Government, invoking the second proviso to sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, hereby de-notifies 42.073 hectares from the IT SEZ at Chenglepet Taluk, Kancheepuram, following a proposal by M/s. Mahindra World City Developers Limited, State Government approval and Development Commissioner recommendation; the notification lists the specific survey parcels de-notified and records the resultant notified SEZ area as 167.937 hectares.

Investor Education and Protection Fund rules amended to require online remittance within thirty days and revise IEPF forms.
The 2024 amendments require amounts due to the IEPF to be remitted online to the Authority, in several instances within thirty days from the date the amount becomes due, replace and omit specified IEPF form references (notably substituting IEPF-3 with IEPF-4 and IEPF-7 with IEPF-1), and substitute new versions of multiple eForms while preserving declaration and attachment requirements.

Use of 'Nidhi Limited' restricted unless formally declared; amendment enforces statutory naming safeguard for companies.
The amendment inserts a proviso into rule 4(5) of the Nidhi Rules, 2014, providing that a company shall not use the name "Nidhi Limited" unless it is declared as such under the statutory declaration mechanism; the rule change is made under the Companies Act and comes into force upon publication in the Official Gazette.

Director KYC update: additional mobile or email change permitted during financial year upon filing DIR-3 KYC form.
Rule 12A is amended to require directors to update KYC on or before the 30th September of the financial year and to permit one additional change of mobile number or email during the financial year by filing e form DIR 3 KYC on payment of a fee of five hundred rupees.

Construction of references: citations to IPC, CrPC and Evidence Act are to be read as their 2023 replacements.
References to the Indian Penal Code, the Code of Criminal Procedure or the Indian Evidence Act in any Act, State legislation, ordinance, regulation under article 240, presidential order, or subordinate instrument shall be read as references to the corresponding Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita and Bharatiya Sakshya Adhiniyam respectively, and construed accordingly to maintain continuity of statutory citations.

Companies incorporation rule amendment removes references to Nidhi and deletes a clause, altering incorporation conditions.
The Companies (Incorporation) Amendment Rules, 2024 amend rule 8A(1) of the Companies (Incorporation) Rules, 2014 by omitting the word "Nidhi" from clause (p) and by omitting clause (v) in sub rule (1). The rules are made under section 469 of the Companies Act, 2013 and come into force on publication in the Official Gazette.