Reorganisation adaptation: continuity and modification of laws to successor Union territories, preserving prior acts and appointments.
All Central laws applicable to the former State immediately before the appointed day shall continue to apply to both successor Union territories alongside the Fifth Schedule statutes; additional Central laws previously applicable to the whole of India are extended as well. Actions, appointments, notifications and proceedings under prior State laws are deemed valid under corresponding Central laws now applicable and remain in force unless superseded. Judges and authorities in office immediately before the appointed day are deemed appointed or constituted under the Constitution of India or corresponding Central provisions and continue to function for the successor Union territories.

Derivative classification: contracts granting future rights to buy or sell underlying goods deemed derivatives under securities law.
Central Government declares that contracts granting a right to buy, a right to sell, or a right to buy and sell in future in respect of specified underlying goods are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, issued under sub clause (D) of clause (ac) of section 2 by notification S.O.3743(E), referencing S.O.3068(E).

Depository receipts scheme amendment expands eligible jurisdiction to include International Financial Services Centre and removes 'foreign' qualifier.
Amendment to the Depository Receipts Scheme, 2014 removes the word foreign from the definition clause and adds the International Financial Services Centre in India, established under section 18 of the Special Economic Zones Act, 2005, to Schedule 1, effective on publication in the Official Gazette.

Sovereign Gold Bond scheme allows resident investors to subscribe gram-denominated bonds with fixed interest, tradability, and redemption terms.
Sovereign Gold Bond instruments issued as Government of India Stock are gram-denominated securities available to persons resident in India (individuals, joint holders, minors, trusts, HUFs, charities and universities), convertible to demat form. Subscription limits, issue price based on average published gold rates with an online-payment discount, a fixed half-yearly interest rate, an eight-year tenor with premature redemption after year five, tradability, lien marking for loans, and specified tax treatment for interest and capital gains apply under the scheme.

Commencement of Part VII of Chapter VI activates statutory provisions under section 152, bringing those provisions into force.
The Central Government, exercising the power conferred by section 152 of the Finance (No.2) Act, 2019, notifies the 9th day of August, 2019 as the date on which Part VII of Chapter VI of the Act shall come into force, effectuated by a Ministry of Finance notification.

Commencement of Finance Act provisions announced; central government sets operative date under statutory commencement power.
The Central Government, exercising the power under section 150 of the Finance (No.2) Act, 2019, appoints the 9th day of August 2019 as the commencement date for the provisions of Part VI of Chapter VI of the Act by notification of the Ministry of Finance (Department of Financial Services).

Commencement of Part IV of Chapter VI: Finance (No.2) Act provisions brought into force by government notification.
The Central Government, exercising its statutory commencement power, appointed 9 August 2019 as the date on which the provisions of Part IV of Chapter VI of the Finance (No.2) Act, 2019 shall come into force by ministerial notification from the Department of Financial Services.

Commencement order: Part I of Chapter VI of the Finance Act designated to come into force by government notification.
The Central Government, exercising its statutory authority, designates the 9th day of August, 2019 as the date on which Part I of Chapter VI of the Finance (No. 2) Act, 2019 shall come into force, by formal notification constituting a statutory commencement order under the enabling provision.

Article 370 modification brings full application of the Constitution to Jammu and Kashmir, overriding local provisions.
Declaration under Article 370 withdraws the operative force of all clauses of Article 370 from 6 August 2019 except a substituted provision declaring that all provisions of the Constitution of India, as amended, shall apply to Jammu and Kashmir without modification or exception and notwithstanding any contrary provision in the Constitution of Jammu and Kashmir, state laws, orders, customs, notifications, or other instruments.

Application of Constitution to Jammu and Kashmir with interpretive adjustments clarifying Governor and Legislative Assembly references.
Order under Article 370 applies the entire Constitution to Jammu and Kashmir, superseding the prior 1954 Order, and inserts an interpretive clause in Article 367 treating references to Sadar i Riyasat as references to the Governor, treating the State Government as including the Governor acting on ministerial advice, and construing the Constituent Assembly reference as the Legislative Assembly.

Funding mechanism for defence and internal security to be examined by Commission; timeline for submission extended.
The presidential amendment extends the Commission's submission deadlines by substituting the previously specified dates with later ones and inserts a new paragraph requiring the Commission to examine whether a separate mechanism for funding defence and internal security should be established and, if so, how it could be operationalised.

Sovereign Gold Bond operational requirements ensure standardized application, KYC, e-Kuber processing and demat-based tradability and nominee provisions.
Receiving Offices must accept complete applications during subscription weeks, verify PAN and KYC, capture Investor ID where available, allow joint holdings and nominees, and permit application cancellation until issue closure. Subscriptions are processed via RBI's e-Kuber system with immediate confirmations; Certificates of Holding are generated, printable and emailed. Lien marking follows the Government Securities Act, 2006. Receiving Offices retain servicing responsibilities, preserve applications until repayment, and ensure demat crediting for tradability once notified.

Sovereign Gold Bond Scheme sets issuance, holding, redemption, interest, transfer and collateral rules for gold bonds.
Sovereign Gold Bond Scheme 2019-20 sets issuance and operational terms: eligible resident investors (individuals, joint holders, minors, trusts, HUFs, institutions) can subscribe in one-gram denominations subject to annual ceilings; bonds are Government of India Stock, demat eligible, priced by a three day simple average of 999 purity gold with an online discount, bear fixed annual interest payable semiannually, are redeemable at eight years with premature redemption after year five, and may be used as collateral subject to loan to value rules; tax treatment, transferability, nomination, receiving offices and procedural requirements are prescribed.

Sovereign Gold Bond Scheme issues gram-denominated bonds with 2.5% interest, transferability, collateral use, and capital gains exemption.
The Scheme issues Government of India Stock in denominations of one gram (and multiples) with annual subscription ceilings per category; nominal value is fixed by the simple average closing price of 999 purity gold over the three preceding working days, with an online digital-payment discount. Bonds pay fixed interest at 2.50% per annum, payable half-yearly, are redeemable at eight years (premature redemption allowed after year five), convertible to Demat, transferable, eligible for trading, usable as collateral subject to LTV norms, and feature taxable interest but exemption of capital gains on redemption for individuals with indexation on transfers.

Ombudsman scheme for NBFCs extended to eligible non-deposit NBFCs with customer interface, mandating compliance nationwide.
Extension of the Ombudsman Scheme for Non-Banking Financial Companies, 2018 requires NBFCs registered with the RBI that are authorised to accept deposits, and specified non-deposit taking NBFCs with customer interface meeting an RBI-prescribed asset-size threshold, to comply with the Scheme's redressal provisions. NBFC-IFCs, Core Investment Companies, IDF-NBFCs and NBFCs under liquidation are excluded. The Scheme will be administered through four Ombudsman offices covering defined zones.

Commencement of Finance Act provisions: Section 22 brought into force by government appointment effective on the designated date.
Government notification dated 19 March 2019 appoints the 20th day of March, 2019 as the date on which the provisions of Section 22 in Part II of the Finance Act, 2019 shall come into force, exercising the enabling power in that Act to effect statutory commencement.

Commencement of specified Parts of the Finance Act made effective by appointment of the statutory commencement date.
The Central Government designates the 8th day of March, 2019 as the date on which the provisions of Part VI, Part X and Part XI of Chapter VIII of the Finance Act, 2018 shall come into force, issued under the powers conferred by that Act to effect statutory commencement of those Parts.

Finance Commission appointment: Ajay Narayan Jha named Member replacing former member under constitutional provision and enabling statute.
Pursuant to the constitutional provision governing finance commissions and the Finance Commission (Miscellaneous Provisions) Act, 1951, Shri Ajay Narayan Jha is appointed as a Member of the Fifteenth Finance Commission with effect from 1st March 2019, substituting the earlier entry in the principal order published vide S.O. 3755(E) dated 27th November, 2017, following acceptance of the resignation of the prior Member.

Startup recognition criteria enable DPIIT certification and tax exemptions, subject to investment restrictions and revocation for noncompliance.
Entities incorporated or registered in India as private limited companies, partnership firms, or limited liability partnerships qualify as Startups if they meet temporal, turnover and innovation/scalability criteria and are not reconstructions of existing businesses. Recognition is granted by DPIIT upon online application with incorporation proof and a business write-up; the Inter-Ministerial Board may issue tax benefit certificates on application. Recognised Startups may obtain exemption from the share-premium taxation provision if they meet a paid-up capital ceiling, avoid specified asset investments for seven years, and file the required declaration; noncompliance permits revocation with retrospective effect.

Appointment of Presiding Officer: notification substitutes Ms Zoya Hadke as presiding officer in Election Tribunal notification.
Amendment substitutes the Presiding Officer entry in G.S.R. 787(E) by designating Ms. Zoya Hadke, Additional Secretary, Department of Legal Affairs, as Presiding Officer, made under the Central Government's powers under sub section (1) of section 10B and pursuant to rule 3 of the Cost and Works Accountants (Election Tribunal) Rules, 2006.