Import prohibition on avian and related livestock products applied to protect against avian influenza, with limited feed and pet food exceptions.
Amendment imposes a prohibition on import of specified live animals and animal-origin products due to Avian Influenza: all countries are barred from exporting domestic and wild birds (excluding poultry), unprocessed meat and meat products from non-poultry avian species, and semen of domestic and wild birds; countries reporting Avian Influenza are further barred from exporting live poultry, newly hatched avian species, avian meat and meat products, hatching eggs, eggs and egg products (except Specific Pathogen Free eggs), feathers, live pigs and pig products (except processed bristles), pathological and biological bird materials, and animal-origin products intended for animal feeding or industrial/agricultural use, subject to a limited exception for dry processed pet food.

Constitution of review committee of Chief Commissioners to reconsider specified Orders In Original under statutory review authority.
Amendment substitutes the Table entry for serial number 34 in the principal customs notification to designate a two member committee-(1) Chief Commissioner of Customs, Chennai and (2) Chief Commissioner of Central Excise, Coimbatore-to review specified Orders In Original issued by Commissioners of Customs at Tuticorin and Tiruchirappalli, exercising the Board's statutory review authority under the customs statute.

Capital investment subsidy eligibility extended to service, biotechnology and power units, specifying eligible plant components and claim conditions.
The amendment treats specified Service Sector, Biotechnology and Power Generating units as industrial units and deems their operational/functional date as the date of commencement of commercial production for subsidy eligibility. It enumerates eligible components for subsidy-construction (excluding land), essential plant and machinery and associated infrastructure-while excluding consumables, disposables, working capital and land. Procedural conditions require transaction by cheque/DD, CA certification of costs, architect certification of building plans and CPWD-relatable construction costs; claims are considered by SLC only after operational certification and physical verification, with NEDFi scrutiny and Departmental resolution of disputes on essentiality.

Interest subsidy eligibility: Service, biotechnology and power units treated as industrial units for capital subsidy on specified components.
The amendment treats service sector, biotechnology and power generating establishments as industrial units for Central Interest Subsidy Scheme eligibility, treating the operational/functional date as commencement of commercial production. It specifies qualifying capital components for each sector (excluding land, consumables, disposables and working capital), requires cheque/D.D. transactions, Chartered Accountant and Architect certifications, CPWD relatable building costs, statutory registration and State physical verification, mandates NEDFi scrutiny before SLC consideration, and provides for referral to the Department of Industrial Policy and Promotion to resolve disputes on essentiality of items.

Subsidy eligibility for industrial units clarified: defines eligible components and certification requirements for service, biotech and power sectors.
The amendment treats specified Service Sectors, Bio-technology and Power Generating Industries as industrial units, using the date they become operational as the date of commencement of commercial production for subsidy eligibility. It prescribes which components qualify for computing the eligible amount of subsidy: building construction (excluding land) and non-consumable capital items for service activities; defined "Plant & Machinery" and civil infrastructure (excluding consumables and land) for biotechnology; and site-erected plant, associated buildings, auxiliary equipment and initial spares (excluding land and working capital) for power generation. The amendment also prescribes documentary, certification and verification requirements and delegates final decisions on disputed essential items to the Department of Industrial Policy and Promotion.

Special Economic Zone designation: land parcels formally notified for multi product SEZ development and regulatory application.
Notification declares specified land parcels in named villages of Satyavedu and Vardayya Palem Mandals, Andhra Pradesh, as a Special Economic Zone under the Special Economic Zones Act, 2005. Exercising powers under section 4(1) and rule 8, the Central Government records satisfaction of section 3 requirements and reliance on a letter of approval under section 3(10) for a multi product SEZ; the schedule lists village, survey number and parcel extents comprising the notified SEZ and records the consolidated area.

Public Financial Institution designation expands to include specified state finance corporations, extending PFI status and regulatory coverage.
Central Government specifies Tamil Nadu Urban Finance and Infrastructure Development Corporation Limited and Kerala Power Finance Corporation Limited as public financial institutions by adding them to the 1978 notification, thereby subjecting those entities to the legal status and regulatory framework applicable to public financial institutions under the Companies Act.

Special Economic Zone designation for information technology at Serilingampally notifies specified land parcels enabling sector-specific development.
The Central Government, satisfied that the requirements of section 3 of the Special Economic Zones Act, 2005 were fulfilled and having granted a letter of approval, notifies specified parcels in Serilingampally village, Ranga Reddy District, Andhra Pradesh, as a Special Economic Zone for information technology and information technology enabled services. The notified parcels are parts of survey numbers 82 and 83 and survey number 84, together totaling 10.218 hectares.

Modification of Companies Act application to Nidhis: specified companies declared Nidhis with tailored applicability and exemptions.
Declaration under section 620A that the listed companies are to be treated as Nidhis, subject to the directions of prior Government notifications; certain provisions of the Companies Act are excluded or applied with specified exceptions, modifications and adaptations; and Schedule I of the earlier notification is amended to add the named companies as recognised Nidhis.

Effective rate of duty set to nil for brooms of twigs by amendment to central excise notification.
The Central Government, exercising powers under section 5A of the Central Excise Act, 1944, inserts a new tariff entry S.No.75B to Notification No. 6/2006 Central Excise for brooms "consisting of twigs or other vegetable materials, bound together, with or without handles" and prescribes a nil effective rate of duty for that entry by Notification No. 35/2007 Central Excise dated 20 September 2007.

Special Economic Zone expansion notified for information technology and IT enabled services land in Gujarat.
Additional land measuring 22.15 hectares at Village Chharodi, Taluka Dascroi, and Village Tragad, Taluka City, District Ahmedabad, Gujarat, was notified for inclusion as part of a sector-specific Special Economic Zone for information technology and information technology enabled services. The notification records that the Central Government was satisfied that the requirements under the Special Economic Zones Act, 2005 and the Special Economic Zones Rules, 2006 were met, and that the added land was specified by village, block number, and area in the accompanying table.

Anti-dumping duty on imported phenol from USA, Korea RP and Taiwan imposed, payable in domestic currency during the provisional period.
Imposition of provisional anti-dumping duty on phenol (tariff items 2707 99 00 / 2907 11 10) originating in or exported from the United States, Korea RP and Taiwan, at specified rates per metric tonne for designated origin/export/producer/exporter combinations as set out in the Table; duties are expressed in foreign currency but payable in Indian currency using the Government notified exchange rate applicable on the bill of entry date, and are effective up to the notification's specified expiry.

Notification under Section 36(1)(xiv): Credit Guarantee Fund Trust for Micro and Small Enterprises recognised for tax deduction purposes.
The Central Government notifies the Credit Guarantee Fund Trust for Micro and Small Enterprises for purposes of Section 36(1)(xiv) of the Income tax Act, 1961, by Notification No. 243/2007 dated 18 9 2007, thereby declaring the Trust eligible for the tax treatment provided under that clause.

Escrow account access for non-resident acquirers permitted without prior RBI approval, subject to SEBI and schedule conditions.
Non-resident acquirers may open, hold and maintain Escrow Account and Special Account with Authorised Dealers in India without prior RBI approval for acquisition/transfer of shares or convertible debentures through open offers, delisting or exit offers, subject to Schedule 8 terms and compliance with SEBI (including SAST) Regulations and applicable Companies Act provisions. Schedule 8 requires non interest bearing rupee accounts, permitted credits/debits as per SEBI regulations, authorised resident operation with AD approval, no bank facilities against balances, KYC compliance by the AD, repatriation rules and immediate closure upon completion.

Remittance of assets permitted without central approval where authorised dealers comply with court orders and statutory certifications.
Authorised dealers may, without Reserve Bank approval, effect remittance of assets by eligible persons and remittance out of assets of Indian companies under liquidation, provided the remittance complies with a court or liquidator order and the applicant furnishes: a no objection or tax clearance certificate from the income tax authority; an auditor's certificate that all Indian liabilities are paid or adequately provided for; an auditor's certificate that winding up complies with the Companies Act, 1956; and, where winding up is not by a court, an auditor's certificate that no legal proceedings or impediments exist.

Authorised Dealer rupee loans for ESOP purchases allowed with caps and prudential oversight, repayment via specified non-resident accounts.
The Reserve Bank permits Authorised Dealers to grant Rupee loans to NRI employees for purchase of shares under ESOP schemes, subject to conditions: board approved ESOP policy; loan capped by a per employee ceiling or percentage of purchase price; bank determined interest and margins within RBI directives; payment directly to the company; repayment by inward remittance or debit to NRO/NRE/FCNR(B) accounts; and inclusion of such loans in capital market exposures for compliance with prudential limits.

Special Economic Zone notification establishes sector specific IT/ITES SEZ at Ananthasagar with defined land parcels, later rescinded.
Notification establishes a sector specific Special Economic Zone for the IT/ITES sector at Ananthasagar Village, Hasanparthy Mandal, Warangal District, granted by letter of approval under the Special Economic Zones Act, 2005 and notified pursuant to the Act and Special Economic Zones Rules, 2006, listing specified survey parcels totaling 10.12 hectares and naming M/s. V.R. Enterprises as the developer; the notification was later rescinded by a subsequent notification in 2023.

Special Economic Zone designation for textile and garment enables development and operation under SEZ regulatory framework.
The Central Government notifies a sector-specific Special Economic Zone for the textile and garment sector at Village Varshamedi, Anjar, Kutch, Gujarat, pursuant to the Special Economic Zones Act and Rules, following grant of a letter of approval for development, operation and maintenance; the notification delineates the SEZ by specific land parcels listed by survey number and records the aggregate area, and indicates the notification was later rescinded.

Special Economic Zone expansion: inclusion of additional land parcels into an IT/ITES SEZ at Keeranatham, Coimbatore.
Central Government notification under the Special Economic Zones Act and rule 8 of the SEZ Rules includes a part of the remaining area measuring 12.66 hectares at Keeranatham Village, Coimbatore as part of the sector-specific IT/ITES Special Economic Zone, identifying the individual survey numbers and parcel areas that together comprise the added land.

Remittance for commodity derivative contracts authorised for option premiums and incidental payments, subject to regulatory approval and conditions.
A new provision permits authorised dealers to remit foreign exchange abroad for payments connected to commodity derivative transactions, including option premiums payable by residents to non-residents, amounts incidental to commodity derivative contracts entered under regulation 6, and other remittances related to such contracts subject to regulatory approval. Schedule amendments create a forward-contract mechanism for hedging economic exposure, allowing residents to enter forward contracts with authorised dealers under regulator-prescribed terms, and permit cancellation and rebooking or rollover of forward contracts subject to regulatory conditions.