Authorisation of SEBI officers empowered to enforce specified Companies Act offences following supersession of earlier notification.
Central Government, invoking the Companies Act delegation provision and superseding the earlier notification of 26 February 1997, authorises twelve named officers of the Securities and Exchange Board of India to exercise delegated powers for enforcement in respect of specified offences punishable under the Companies Act, thereby designating those officers for operational regulatory enforcement under the listed corporate offence provisions.

Income-tax exemption under section 10(23C)(v): notified organisation granted conditional exemption subject to application, investment, business and filing obligations.
Notification under section 10(23C)(v) grants the Catholic Bishops' Conference of India exemption for assessment years 1999-2000 to 2001-2002, conditional on applying income wholly to its objects; limiting investments to permissible modes; treating business income as exempt only when incidental with separate books; timely filing of income-tax returns; and transferring surplus assets on dissolution to a like charitable organisation.

Venture capital fund regulation limits portfolio concentration, mandates disclosure and strengthens inspection and remedial powers.
Amendments redefine key terms, permit venture capital funds as trusts or bodies corporate, require disclosure of investment strategy and firm investor commitment before operations, and prescribe investment composition limits-majority allocation to unlisted equity or equity-linked instruments, concentration caps, and restrictions on investments in associates-while strengthening placement memorandum requirements and conferring enhanced inspection, information-production and remedial powers on the Board, including directions limiting fundraising, asset dispositions, refunds to investors and suspension of intermediaries.

Foreign Venture Capital Investor regulations: SEBI notifies regulatory framework under statutory powers to govern foreign venture capital activity.
SEBI, exercising rulemaking authority under the Securities and Exchange Board of India Act, promulgates the Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations, 2000 by notification, thereby creating a regulatory framework governing foreign venture capital investment and signalling SEBI's use of its statutory power to define the governance and scope applicable to such investors.

Tax exemption recognition: institution notified subject to exclusive use, permitted investments, business incidental and dissolution conditions.
Notification grants tax-exempt status under section 10(23C)(vi) to the Modern Vidya Niketan Society, Faridabad for specified assessment years, subject to conditions: apply income wholly to its objects or accumulate for that purpose; limit investments and deposits to forms permitted by the Act (excluding voluntary contributions retained as jewellery, furniture, etc.); exclude business income except where incidental with separate books; file regular income-tax returns; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Customs exemption amendments: addition and substitution of specified ports and locations to expand exemption coverage.
This notification, exercising powers under the Customs Act, amends specified miscellaneous customs exemption notifications by substituting and adding named ports and locations in the condition clauses of the listed principal notifications, thereby expanding the geographic scope of the exemption conditions through textual replacements identified in the Table.

Rescission of notification withdraws prior anti dumping exemption prospectively, while preserving actions taken before rescission.
The Central Government rescinds notification No.28/2000-Customs dated 16 March 2000 under powers conferred by the Customs Tariff framework and anti-dumping procedural rules, withdrawing its operative effect prospectively while preserving actions or omissions undertaken before the rescission.

Anti dumping duty on Vitamin C imports from Russia and the EU imposed, with exporter specific duty rates and conversion rules.
Imposes an anti dumping duty on Vitamin C (sub heading 2936.27) from Russia and the European Union following findings of dumping, material injury, and causal link; duty is exporter specific and calculated as the difference between a specified US dollar amount per kilogramme (as listed for exporters) and the landed value, payable in Indian currency with the notified rate of exchange applicable on presentation of the bill of entry.

Tax exemption under 10(23C)(vi) conditioned on exclusive application of income, permitted investments and dissolution transfer obligations.
Notification grants Vidya Mandir Society, Calcutta tax-exempt status under 10(23C)(vi) for assessment years 1999-2000 to 2001-2002, conditioned on applying income wholly to charitable objects, restricting investments to permitted forms (with limited exceptions for voluntary contributions held as tangible items), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similar charitable organisation.

Tax exemption notification recognises Pravara Medical Trust's charitable status subject to investment, accounting, return filing and dissolution conditions.
Notification recognises the Pravara Medical Trust as entitled to tax exemption under section 10(23C)(vi) for assessment years 1999-2000 to 2001-2002, subject to conditions: apply or accumulate income wholly for its objects; restrict investments to modes permitted by the Act (excluding certain voluntary contributions held as tangible items); exempt business income only if incidental with separate books; file returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Tax exemption under section 10(23C) granted to Modern Vidya Niketan Society subject to specified compliance conditions.
Notification designates Modern Vidya Niketan Society as eligible for exemption under sub-clause (vi) of clause (23C) of section 10 for specified assessment years, conditional on applying or accumulating income wholly to its objects, restricting investments to permitted modes (with an exception for certain voluntary contributions in kind), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a charitable organisation with similar objectives.

Tax exemption notification under section 10(23C)(iv) conditioned on exclusive application of income, investment limits, and compliance.
Notification designates the Forum of Financial Writers, New Delhi as eligible under section 10(23C)(iv) for certain assessment years, provided it applies or accumulates income wholly for its objects, confines investments to statutory modes, treats business income as incidental only if separate books are maintained, files returns regularly, and on dissolution transfers surplus assets to a like-minded charitable organisation.

Approval under section 35(1)(ii) grants research association recognition subject to separate accounts, annual DSIR return and audited submissions.
Specified organisations are approved as Associations under clause (ii) of sub section (1) of section 35 for stated periods, conditioned on maintaining separate research accounts, filing an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts and audited research income and expenditure accounts to the Director General of Income tax (Exemptions), the Secretary DSIR, and the relevant Commissioner/Director by 31 October, alongside the return of income to the designated Assessing Officer.

Research approval under section 35(1)(iii) requires separate research accounts, DSIR annual return and audited submissions.
Notification approves organisations as Institutions for research-related tax exemption under clause (iii) of sub-section (1) of section 35, subject to maintaining separate books for research, filing an annual return of scientific research activities with the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts and audited income-and-expenditure statements for research to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director of Income-tax (Exemptions) by 31 October, alongside the return of income to the Assessing Officer.

Research institution recognition for tax purposes conditioned on separate research accounts and specified reporting obligations.
Approval is granted to specified organisations as Institutions for research-related income-tax recognition, conditional on maintaining separate books for research, filing an annual scientific research return to the Department of Scientific and Industrial Research by 31st May, and submitting copies of audited annual accounts and audited research income-and-expenditure accounts to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant tax Commissioner/Director by 31st October each year, with recognition effective for the periods stated in the notification.

Section 35(1)(ii) approval permits associations research exemption subject to separate books and annual reporting requirements.
Approval is granted to specified organisations under Section 35(1)(ii) as Associations eligible for research-related tax recognition, subject to maintaining separate books of accounts for research, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for research activities to the Director General of Income-tax (Exemptions), the Secretary, Department of Scientific & Industrial Research, and the Commissioner/Director of Income-tax (Exemptions) by 31 October, in addition to filing the regular return of income.

Research institution approval under section 35(1)(iii) requires separate research accounts and specified annual reporting.
Approval is granted to specified entities as Institution for purposes of section 35(1)(iii) of the Income-tax Act, 1961, read with the Income-tax Rules, enabling their research expenditures to be treated under the statutory research exemption for the period stated for each organisation. Approval is conditional on maintaining separate research accounts, filing an annual scientific research return to the Department of Scientific & Industrial Research by 31 May, and submitting audited accounts and audited income-and-expenditure accounts for research activities to designated authorities by 31 October, in addition to filing the return of income to the designated assessing officer.

Research institution approval requires separate research accounts, annual scientific return and audited research accounts filed by specified deadlines.
Notification approves specified organisations as Institutions under clause (ii) of sub section (1) of section 35 read with Rule 6, subject to conditions: maintain separate research accounts; file an Annual Return of scientific research activities by 31 May; and submit audited annual accounts and audited income & expenditure account for research activities to designated tax and research authorities and the local assessing officer by 31 October, in addition to the return of income. The notification lists named organisations with effective approval periods.

ITC(HS) code requirement compulsory in shipping bills; mandatory eight digit entry required to claim export-import policy benefits.
The notification makes recording the ITC(HS) code at the eight digit level in shipping bills obligatory to claim any benefit under the Export and Import Policy, and where no specific eight digit entry exists, the eight digit "others" code for that category must be used.

Tax-free bond specification: Konkan Railway Bonds tax exemption conditioned on holder registration and registration of holding with issuer.
Central Government specifies issuance of tax-free bonds qualifying under sub-clause (h) of clause (iv) of section 10(15) of the Income tax Act, designating a specific series by distinctive numbers and fixing the aggregate issue amount. Interest on these designated bonds is exempt from income tax under the provision, subject to the condition that the bondholder registers his or her name and the holding with the issuing corporation before claiming the benefit.