Amendment under Section 28A updates committee membership by substituting five member entries; effective on Gazette publication.
Central Government amends G.S.R. 38(E) by substituting serial numbers (2)-(6) with new member entries: Rajat Sethi (Member); K. V. R. Murty, Joint Secretary, Ministry of Corporate Affairs (Member); Jayanta Jash, Chief General Manager, SEBI (Member); Vithayathil Kurian, Director General (Commercial I), Office of the C&AG (Member); and Mahendra Khandelwal, Additional Government Advocate, Department of Legal Affairs (Member). The amendment is effective from publication in the Official Gazette.

Reference substitution in infrastructure cess notification: replaces bill-based citations with act-based citations and omits provisional collection wording.
The Government amends notification No. 1/2016-Infrastructure Cess to substitute clause-based references from the Finance Bill with corresponding sub-section references to the Finance Act, 2016, and to omit language invoking the Provisional Collection of Taxes Act; the amendment comprises three specific substitutions/omissions aligning the principal notification with the enacted Finance Act and removing provisional-collection wording.

Terminology change: Clean Energy Cess now construed as Clean Environment Cess across covered statutory instruments.
Directs substitution of the term Clean Energy Cess with Clean Environment Cess in all rules, notifications, instructions, decisions, and orders made or issued under the specified provisions of the Finance Act, 2010, construing existing references accordingly to effect a uniform change of nomenclature.

Roster authority granted to a CESTAT Member to reassign bench matters until a new President joins, ensuring tribunal functioning.
Authorization empowers the Member (Judicial) CESTAT, designated Head of Department, to prepare rosters and reassign bench matters to Members until the joining of a new President or further orders to ensure uninterrupted tribunal functioning; issued by the Department of Revenue with Finance Minister approval.

Traffic data monitoring for cybersecurity permits collection of computer-resource information to identify and prevent intrusions and computer contaminants.
Central Government authorisation under section 69B empowers CERT-In to monitor and collect traffic data or information connected with computer resources. The authority covers information generated, transmitted, received, or stored in any computer resource and is directed to enhancing cyber security, including the identification, analysis, and prevention of intrusions and the spread of computer contaminants.

Credit guarantee for Stand Up India: scheme secures eligible loans to targeted entrepreneurs with staged claim and recovery rules.
Creates the Credit Guarantee Scheme for Stand Up India administered by NCGTC to guarantee eligible term loans and working capital facilities for SC/ST and women greenfield entrepreneurs up to prescribed ceilings. Participating lending institutions must enter agreements with NCGTC, submit quarterly batches of eligible accounts, pay a risk based guarantee fee, and observe appraisal, monitoring and recovery duties. The Scheme sets guarantee cover percentages, lock in and invocation rules, claim settlement mechanics including staged payments and recovery remittance, risk premium adjustments tied to NPA and payout ratios, and empowers the Fund to modify terms and inspect records.

Certificate of eligibility for startups required to access tax benefits under the Income Tax Act; Inter Ministerial Board constituted.
A certificate of eligibility is required for entities designated as startup under the Startup India initiative to claim specified tax benefits under the Income Tax Act. An Inter-Ministerial Board, composed of senior officials from the Department of Industrial Policy & Promotion, the Department of Biotechnology, and the Department of Science & Technology, is constituted to assess and issue that certificate of eligibility.

Vacancy allocation: direct recruitment and promotion equally share Junior Time Scale posts under structured eligibility and feeder cadre rules.
The rules constitute the Indian Revenue Service (Customs and Central Excise) Group 'A', specifying grades, authorised strengths and pay scales; recruitment to the Junior Time Scale is split between competitive examination by the Union Public Service Commission and promotion from specified Group 'B' feeder cadres with a prescribed promotion ratio. Promotions to higher grades are by selection or non functional placement subject to minimum service requirements listed in the schedules; probation, confirmation, seniority, non functional upgradation, committee compositions and service conditions are governed by the rules and Central Government instructions.

Credit guarantee for micro loans: first-loss portfolio cover with partial pro rata payout after lender's initial loss, subject to conditions.
The Scheme creates a Fund to guarantee collateral-free micro loans under PMMY through crystallised portfolios managed by NCGTC; lending institutions must pool eligible loans, submit auditor/management certifications and pay periodic guarantee fees. The Fund provides a first-loss portfolio guarantee where the lending institution bears initial losses and the Fund meets a pro-rata share of subsequent amounts in default subject to caps, risk-based fees, procedural conditions for invocation after portfolio crystallization, and obligations on recoveries and subrogation.

Coupon reset links special floating rate security interest to prior year's ten year government security yield, payable semi annually.
The notification fixes the annual interest rate for Postal Life Insurance Special Floating Rate Bonds, 2022 for financial year 2016-17 by reference to the daily average yield of ten year government securities in the preceding calendar year, with interest payable half yearly on September 30 and March 30.

Prohibition on tendering for reserved audit services: members must not bid unless tender prescribes minimum fee or allows others.
Members in practice are prohibited from responding to tenders for services exclusively reserved for chartered accountants, such as audit and attestation, except where the tender prescribes a minimum fee or where the services are open to other professionals; the guideline takes immediate effect and imposes an immediate compliance obligation.

Tribunal working day change: Saturdays replaced by second Saturday monthly, altering hearing and registry sitting schedules.
Amendment to the Debts Recovery Tribunal procedural rules substitutes the term "Saturdays" in rule 19 with "second Saturday of a month," concentrating tribunal and registry sittings from all Saturdays to a single designated Saturday each month, thereby changing the regular hearing and administrative schedule. The amendment is made under the Act's rulemaking power and takes effect upon publication in the Official Gazette.

Recruitment rules govern Deputy Director (Official Language) appointments, specifying promotion first, deputation options, qualifications and consultation requirements.
These rules prescribe recruitment to the post of Deputy Director (Official Language), classifying it as a Group 'A' selection post in Pay Band 3 and providing that vacancies are to be filled primarily by promotion from Assistant Director (Official Language) with specified service and training requirements, failing which by deputation including short term contract with prescribed eligibility, qualifications and experience; notes govern service reckonment, deputation tenure and age limits, and a Departmental Promotion Committee and UPSC consultation are specified.

Recruitment rules for Assistant Director (Official Language) set selection, promotion and deputation procedures with qualifications and UPSC consultation.
The rules establish recruitment for Assistant Director (Official Language) as a Group A selection post with specified pay, sanctioned strength and age limits, preserve reservation and relaxations, and authorize the Central Government to relax provisions in consultation with the Union Public Service Commission. Vacancies are to be filled by a mix of promotion, deputation and direct recruitment with detailed eligibility, qualifying service, training and deputation conditions. Essential qualifications require a relevant Master's degree in Hindi and/or English and specified experience in translation, terminological work, teaching or research, with UPSC discretion to relax criteria; a one-year probation applies.

Sukanya Samriddhi Account rules establish eligibility, deposit limits, interest compounding, maturity and permissible withdrawals.
Establishes Sukanya Samriddhi Account rules setting eligibility for guardian-opened accounts for eligible girl child beneficiaries, documentation and familial limits; prescribes permitted deposit modes, minimum and annual deposit requirements, annual ceiling with non interest treatment for excess, and penalties for default; mandates yearly compounded interest at Government-notified rates with monthly calculation on lowest balance, operation by guardian until specified ages and transition to beneficiary control, rules for partial withdrawals for higher education on evidence, conditions for premature closure and transfer, and final maturity and payment procedures, with Government power to relax provisions.

Senior Citizens Welfare Fund: unclaimed public savings redirected to finance approved welfare schemes for elderly support.
Establishes the Senior Citizens Welfare Fund as an interest-bearing public account receiving unclaimed amounts from specified small savings, PPF and EPF accounts; institutions must identify, notify and transfer unclaimed deposits annually on a net basis, after attempting contact and public notice. The Ministry of Social Justice and Empowerment is nodal and Secretariat host; a multi-ministry Committee administers the Fund, decides utilisation, submits budgetary requirements and meets at least twice yearly. The Fund finances approved schemes for financial security, healthcare, housing, education and research for senior citizens, with interest set annually by the Ministry of Finance and annual reporting required.

Foreign investment ceiling allowed on automatic route with regulatory verification for insurance companies, subject to Gazette commencement.
The amendment permits foreign investment up to forty-nine per cent of total paid up equity in an Indian insurance company on the automatic route, subject to verification by the Insurance Regulatory and Development Authority of India, and omits the prior rule 6, with the notification taking effect on publication in the Official Gazette.

Winding up notified: National Manufacturing Competitiveness Council dissolved with immediate effect after CCEA decision.
Central Government has issued a notification effecting the winding up of the National Manufacturing Competitiveness Council, implementing a prior decision of the Cabinet Committee of Economic Affairs and declaring the Council dissolved with immediate effect through a formal Department of Industrial Policy and Promotion notification.

State Level Committee composition required to consider and recommend subsidy claims under the Freight Subsidy Scheme.
Amendment prescribes that the State Government/Union Territory Administration shall set up a State Level Committee (SLC) to consider and recommend all subsidy claims under the Freight Subsidy Scheme. The SLC must include the Principal Secretary/Secretary (Industry), Director of Industries, and one representative each from the Finance Department, Excise and Taxation Department (Excise Commissioner), Transport Department, the nodal agency, and the Department of Industrial Policy & Promotion, Government of India.

Clean Energy Cess territorial extension: inclusion of the State of Nagaland alongside Meghalaya in levy coverage.
The Central Government amends Notification No.05/2010-Clean Energy Cess by inserting the words "and the State of Nagaland" immediately after "State of Meghalaya" in the notification's list of States, under powers conferred by the Finance Act and the Central Excise Act, via Notification No.2/2016-Clean Energy Cess dated 1 March 2016.