SEZ area amendment: notification revises the notified site area for Syntel International under the SEZ framework.
The Central Government, under powers of sub section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, amends Ministry notification S.O. 540(E) dated 10 April 2007 for Syntel International Pvt. Ltd., Maharashtra, by replacing the total area stated as '16 hectares' with '16.19 hectares'.

Special economic zone notification for engineering and auto ancillaries at Seekinakuppam Village, with specified lands formally designated.
Special Economic Zone notification for a sector specific SEZ in engineering sector including auto ancillaries promoted by New Chennai Township Private Limited. The Central Government notifies the specified area at Seekinakuppam Village, Cheyyur, Kancheepuram District, Tamil Nadu, under the Special Economic Zones Act, 2005 and the Rules, 2006. The notification lists the covered survey numbers across Paramankeni, Vellur, Atchivilagam and Madayambakkam villages and states the total area as 126.002 hectares, with later substitutions and separate references to de-notified areas.

Special Economic Zone designation for IT/ITES: Central Government notifies land parcels at Dehradun for SEZ development.
The Central Government notifies specified survey numbers at Sahastra Dhara Road, Dehradun as a Special Economic Zone for Information Technology and Information Technology Enabled Services, following grant of a letter of approval and satisfaction of statutory requirements under the Special Economic Zones Act and Rules; the notification lists individual survey numbers with respective areas totaling 13.5426 hectares.

Jurisdictional allocation for international taxation expanded to specify territorial offices, covered taxpayer classes and TDS authority.
The notification amends S.O. 881(E) to expand referenced serial numbers and substitutes paras authorising Directors of Income-tax (International Taxation) to empower Additional/Joint Directors to exercise Additional/Joint Commissioner functions, who may further delegate to subordinate Assessing Officers; the new Schedule lists eight Directorates with headquarters, territorial areas, covered classes of persons (notably non-residents, foreign companies with permanent establishments, resident non-corporates, companies and tax deductors) and specifies their powers, principally relating to Tax Deduction at Source under the Income-tax Act. The amendment is effective from Gazette publication.

Transfer pricing jurisdiction reassigned: specified Transfer Pricing Officers and Directors allocated responsibilities under section 118.
Amendment substitutes serial numbers 8 and 9 in the existing notification to designate the Director General of Income-tax (International Taxation), Delhi, with specified Director of Income-tax (Transfer Pricing) posts at Pune and Ahmedabad, and lists named Transfer Pricing Officers (Joint Commissioners and Deputy/Assistant Commissioners) at Pune and Ahmedabad to exercise responsibilities under the notification, issued under section 118 of the Income-tax Act, 1961.

Industrial park notification: growth centre approved for tax benefits subject to infrastructure, unit, allocation and compliance conditions.
The Central Government notifies the Oragadam Growth Centre developed by M/s. SIPCOT Limited, Chennai, as an industrial park for tax incentives under the Income tax Act, subject to annexed terms: specified location, area, permitted industrial and service activities, allocation of industrial and commercial area, a minimum number of units, and defined infrastructure investment. Conditions include minimum infrastructure spending thresholds, definition of infrastructure, a cap on single unit area occupation, requirement to obtain statutory approvals, continuity of operation by SIPCOT during benefit period, notification on transfer of operations, and invalidity or withdrawal of approval for misinformation, nondisclosure, unauthorized amendments, delay, or noncompliance.

Investor Protection Fund designation confirms tax exemption status for Delhi Stock Exchange Customers Protection Fund under section 10(23EA).
The Central Government specifies the "Delhi Stock Exchange Customers" Protection Fund, DSE House, 3/1, Asaf Ali Road, New Delhi, as an Investor Protection Fund set up by The Delhi Stock Exchange Association Limited, a recognised stock exchange in India, under clause (23EA) of section 10 of the Income-tax Act, with effect from the assessment year 2002-03 onwards, and superseding the earlier SO 1093 (E) notification.

Industrial park notification: tax benefits conditioned on specified infrastructure, minimum units, and compliance with approval terms.
Notification designates M/s. L&T Infocity Limited's Madhapur development as an industrial park for income-tax benefit purposes, listing location, area, eligible activities, 100% allocable industrial area, a minimum of five units, commencement timing and investment particulars. Tax benefits are subject to conditions: the park must be operated by the undertaking, benefits accrue only after the minimum units locate, infrastructure expenditure thresholds (60% where built-up space is provided; 50% generally) apply, no single unit may occupy over half the allocable area, requisite regulatory approvals must be obtained, and transfers, amendments or misinformation trigger invalidation or withdrawal of approval.

Industrial park notification under section 80IA enables tax benefits for qualifying parks subject to compliance and approvals.
The Central Government notifies M/s. VITP Private Limited's "ORION" project as an industrial park under clause (iii) of section 80 IA(4), subject to annexure conditions that set permitted software and data processing activities, a specified allocable split for industrial and commercial use, a minimum number of units required before tax benefits may be claimed, mandated minimum infrastructure expenditure thresholds and a defined scope of infrastructure, limits on unit area occupation, separate approvals for foreign investment, operator continuity obligations, transfer notification requirements, and invalidity/withdrawal grounds for non compliance.

Tax deduction under section 80-IA(4)(iii) conditioned on notified industrial park compliance and operational continuity.
Notification under section 80-IA(4)(iii) designates M/s. VITP Private Limited's "CAPELLA" industrial park as eligible for tax deductions, listing project particulars (location, area, permitted activities, 90% industrial allocation, minimum four units, investments and commencement date) and imposing conditions: specified minimum infrastructure expenditure (50% general; 60% if built-up industrial space provided), infrastructure components, maximum 50% occupancy by any single unit, separate statutory approvals, benefit contingent on minimum units being located, operator continuity, and invalidation or withdrawal of approval for misinformation, delay, unauthorized amendments or non-compliance.

Administrator appointment to oversee demutualised exchange transition and exercise committee powers during supersession.
SEBI appointed an Administrator to manage the Calcutta Stock Exchange during supersession after demutualisation; the Administrator replaces the prior incumbent, is vested with all powers and duties of the Committee for the period of supersession, may take assistance as necessary, and will oversee formation of a Governing Board to effect the exchange's governance transition under SEBI's regulatory authority.

Anti-dumping duty on pre-sensitized offset aluminium plates to neutralise dumped imports and protect domestic industry.
Imposition of anti-dumping duty on pre-sensitized positive offset aluminium plates specified by chapter headings and thickness (0.15-0.40 mm) originating in or exported from the subject country, set as the difference between a stated US$ amount per kilogram and the landed value; the duty applies across listed producer/exporter permutations, is payable in Indian currency, effective for five years unless earlier altered, and uses the assessable value under the Customs Act and government-specified exchange rate (bill of entry date) for calculation.

Anti dumping duty rescission removes a prior levy on potassium carbonate under Customs Tariff Act authority.
The Central Government, invoking sub-section (2) of section 9A of the Customs Tariff Act, 1975 read with rules 13 and 20 of the 1995 Anti-dumping Rules, hereby rescinds Notification No.66/2007-Customs dated 9 May 2007 and thus withdraws the previously imposed anti-dumping duty on potassium carbonate as published in the Gazette of India.

Anti-dumping duty imposed on potassium carbonate imports from Taiwan Pulp and Paper Corporation, effective from May 2007.
Anti-dumping duty is imposed on imports of all types of potassium carbonate produced or exported by M/s Taiwan Pulp and Paper Corporation, Taiwan, with the notification amended to substitute "Any producer" in the table and to levy duty from 9 May 2007, payable in Indian currency.

Exchange rate determination for export goods sets official currency conversion rates to be used in export valuation.
The Board, exercising powers under the Customs Act, prescribes rates of exchange for conversion between specified foreign currencies and Indian rupees for export goods valuation; numeric rates are set out in two schedules (per unit for major currencies and per 100 units for Japanese Yen) and take effect from the stated commencement date, superseding the earlier notification.

Exchange Rate Determination: notified conversion rates for specified foreign currencies into Indian rupee take effect under customs law.
Determination of exchange rates under the Customs Act prescribing conversion rates of specified foreign currencies into Indian rupees and vice versa for import-related customs purposes. The Board supersedes the earlier notification and prescribes the rate against each currency in Schedule I and Schedule II, which are to be applied from the notification's stated commencement for customs valuation and related procedures.

Corporatisation and demutualisation: SEBI designates compliance dates as appointed dates for specified stock exchanges under SCRA provision.
SEBI approved and published a Scheme of corporatisation and demutualisation and, upon receipt of confirmations that listed stock exchanges had complied with statutory requirements and completed corporatisation and demutualisation, SEBI appoints the confirmed dates as the appointed date for each exchange under the relevant provisions of the Securities Contracts (Regulation) Act.

Special Economic Zone expansion includes additional Perungalathur land for IT and IT enabled services under SEZ notification.
Central Government notifies inclusion of an additional 13.40.88 hectares into the sector specific Special Economic Zone for information technology and information technology enabled services at Perungalathur Village, Chennai, listing four survey parcels and their respective areas as part of the existing SEZ promoted by M/s. Shriram Properties and Infrastructure Private Limited, after satisfaction of statutory prerequisites and prior grant of letters of approval.

Pension entitlement for Appellate Board members balanced with option to forego pension and subscribe to contributory provident fund.
The rules substitute the leave regime, permitting earned leave, half pay leave with commutation for medical reasons, extraordinary unpaid leave within term limits, and encashment of earned leave at term end subject to an overall cap. They introduce a pension entitlement for members except where removed, set pension accrual on a periodic basis with an aggregate cap aligned to High Court Judges, and create a time limited election to forego pension to subscribe to a Contributory Provident Fund; those entering office after the specified date may only opt for the Provident Fund.

Competition Appellate Tribunal established to hear appeals, award compensation and strengthen enforcement of competition orders.
The Amendment establishes a Competition Appellate Tribunal to hear appeals against specified Commission orders and to adjudicate and order recovery of compensation; reconstitutes the Competition Commission with prescribed qualifications, selection and whole time membership; strengthens the Director General's investigative office and procedural rules; revises combination thresholds and extends merger review timelines including a mandatory waiting period; enhances interim powers, penalties for non compliance, non furnishing of information and false disclosures; and repeals the MRTP Act with transitional arrangements transferring cases, staff and monies.