Special Economic Zone designation for multi services enables the notified area to operate under SEZ regime and be deemed an inland container depot.
The Central Government notifies a sector specific Special Economic Zone for multi services at Phirozpur and Ratanpur, Gandhinagar, comprising specified survey parcels totaling 105.4386 hectares, having granted a prior letter of approval, and constituting an Approval Committee under the SEZ Act with listed ex officio members and a developer invitee; the zone is also appointed as a deemed Inland Container Depot under the Customs Act effective from the date specified in the notification.

Multiple Registration Certificates for cotton exports now permitted until end of the current cotton year.
The amendment deletes Para 2 of the Declaration/Undertaking in Annexure 1 to Notification No.63(RE-2010)/2009-14, thereby permitting an exporter to obtain more than one Registration Certificate for export of cotton (ITC (HS) Code 5201 & 5203) during the current cotton year up to 30th September 2011.

Client account opening form requirement revised with Board-specified format and failure to maintain it treated as non-compliance.
The Regulations require the client account opening form to be in a format specified by the Board and substitute Regulation 26(xii) to state "Failure to maintain client account opening form," creating a clear compliance obligation. Schedule II is amended by omitting clause D of the Code of Conduct for Stock Brokers and deleting sub-clause (4) of clause C in the Code of Conduct for Sub-Brokers. The amendments come into force on publication in the Official Gazette.

Customs exemption amendment revises tariff table entries and tightens swelling index criterion for specified goods, changing applicable exemptions.
The notification omits S. No. 66A from the Table of Notification No. 21/2002 Customs and substitutes, in S. No. 68, the Explanation changing the numerical threshold and the Swelling Index or Crucible Swelling Number requirement that define goods eligible for the specified exemption.

Anti-dumping duty on sodium nitrite continued at modified rate for imports from China, payable under Customs Tariff rules.
The Central Government continues anti-dumping duty on Sodium Nitrite (sub-heading 28341010) originating in or exported from the People's Republic of China, imposing duty equal to the difference between a specified amount per metric tonne and the landed value of imports; the duty applies as per the notified table for specified origin/export combinations, is payable in Indian currency, and shall be leviable for five years. "Landed value" and the applicable "rate of exchange" for conversion are defined for assessment and collection purposes.

Networth requirements increased for registrars and share transfer agents; transitional compliance period mandated to meet revised minimums
Amendment increases minimum networth thresholds in Regulation 7(2)(a) and (b) for registrars to an issue and share transfer agents, brings the Regulations into force on publication in the Official Gazette, and mandates that entities registered prior to commencement raise their networth to the revised minima within three years; the existing proviso is amended by insertion of the word "further."

Due diligence records requirement mandates retention for pre-issue and post-issue activities and for takeovers, buybacks and delistings.
Amendment to regulation 14 adds clause (e) requiring maintenance of records and documents pertaining to due diligence exercised in pre-issue and post-issue activities of issue management and, additionally, in cases of takeover, buyback and delisting of securities; clause (d) is amended to end with a semicolon to enable insertion of the new clause.

Disclosure obligations for promoters require prompt initial and threshold triggered reporting to company and stock exchange.
Amendments to Regulation 13 impose initial disclosure duties on any person who becomes a promoter or part of a promoter group to disclose shareholding to the company in Form B within two working days, and require disclosure to the company and the stock exchange in Form D of total holdings and changes where such change exceeds prescribed thresholds; Schedule III is revised to substitute standardized Form B and Form D templates capturing identification, holdings, transaction details, trading member and exchange information.

Anti-dumping duty entries removed from prior customs notification, amending the tariff table and eliminating listed measures.
The Central Government amended Notification No. 55/2008 Customs by omitting S. No. 1, S. No. 2 and S. No. 3 and the entries relating thereto in the Table, thereby removing the listed anti dumping duty entries for Pentaerythritol under the Customs Tariff Act and the applicable anti dumping rules.

Anti-dumping duty continuation on pentaerythritol imposed per metric ton to counter dumped imports from Chinese Taipei.
The Central Government, relying on designated authority findings of continued dumping and material injury, imposes anti-dumping duty on Pentaerythritol under the Customs Tariff Act. The notification specifies scope by tariff heading, origin and export permutations, producer/exporter coverage, and prescribes the duty amount per metric tonne payable in Indian currency, with exchange-rate determination and the relevant date governed by the Customs Act; the duty is effective from publication and remains in force until the stated expiry.

Minimum Export Price for onions increased, raising export controls for specified varieties and revising rates for others.
The notification amends MEPs under the Foreign Trade Policy, replacing the prior MEP for Bangalore Rose Onions and Krishnapuram onions with a higher per metric ton F.O.B. MEP and replacing the prior MEP for other onions with a revised per metric ton F.O.B. MEP; the changes are effective immediately, issued under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and supersede earlier notifications referenced in the instrument.

Tariff value fixation updated for specified imports; new per metric tonne values set for oils, brass scrap, and poppy seeds.
The Board amends the principal non-tariff customs notification by substituting the Table to fix tariff values per metric tonne for specified goods: Crude Palm Oil, RBD Palm Oil, other Palm Oil categories, Crude Palmolein, RBD Palmolein, other Palmolein categories, Crude Soyabean Oil, Brass Scrap (all grades) and Poppy seeds; most vegetable oil values are noted as unchanged while Brass Scrap and Poppy seeds are assigned specific tariff values.

Deduction under section 35AC: notification approves specified institutions' projects and maximum deductible project costs for approved periods.
Notification under section 35AC designates specific institutions and approves listed projects and estimated costs, specifying the maximum portion of those costs that may be allowed as a deduction under section 35AC for the stated approval periods commencing with the 2011-12 financial year; most projects are approved for a three year period while one project is approved for a two year period as indicated.

Section 35AC eligibility extended for a charitable home-for-elderly-and-children project, permitting donor tax incentives for three further years.
The Central Government notifies that the Mangal Jeevan Trust scheme "Providing home for old aged persons and lonely children" is an eligible project under the Explanation to section 35AC for a further three financial years commencing 2011-12, following a recommendation under the Income-tax Rules and a finding that the project is being properly executed, with the approved project cost and corpus fund remaining unchanged.

Section 35AC notification extends eligibility of a tribal education, health and food scheme for an additional period.
Central Government notifies continuation of the scheme "Aadivasi Anna Arogya Shikshan Yojana" run by Shantilal Shanghvi Foundation as an eligible project under Section 35AC, following the National Committee's recommendation that execution is satisfactory, and confirms the extension for a further three financial years without any change in the approved project cost including the corpus.

Tax-exemption eligibility extended for eye-hospital project; extension approved but no certificate for the lapsed financial year.
The Central Government extends notification of the "Equipments and vehicle, running of Eye Hospital/camps at Bharatpur, Rajasthan" project carried out by Friendship Foundation Trust as an eligible project under the tax exemption provision for a further three-year period beginning with the financial year 2010-11, without altering the previously approved estimated cost and corpus fund, and directs that no certificate shall be issued for the lapsed first year of that extended period.

Section 35AC eligibility expanded for Satya Bharti Schools; project scope and funding ceiling formally increased.
Notification designates the "Satya Bharti Schools (establishing & supporting 500 primary schools as well as non-formal education)" scheme by Bharti Foundation as an eligible project for deduction under Section 35AC and amends the earlier notification to substitute a revised maximum allowable project cost and corpus fund in the Table, following the National Committee's recommendation to increase the project cost ceiling to support expansion from 250 to 500 schools.

Section 35AC extension: eligible charitable cancer support project preserved as notified, retaining approved cost after committee recommendation.
Notification under Section 35AC extends SMF-CANSTOP by Sundaram Medical Foundation, Chennai, as an eligible project or scheme for a further three-year period commencing with the financial year 2011-12, without any change to the previously approved project cost, based on the National Committee's recommendation under the Income-tax Rules and the Central Government's exercise of its statutory powers.

Section 35AC eligibility extended for construction of buildings for persons with disabilities, adding a further multi-year extension.
The Central Government notifies the Blind Welfare Council's project for construction of buildings for education, rehabilitation, training and welfare of persons with disabilities as an eligible project under Section 35AC for a further three-year period beginning with financial year 2011-12, following the National Committee's recommendation under the income-tax rules and confirming no change in the approved project cost.

Section 35AC project designation increases corpus for free food and anti-cancer drug scheme and expands allowable deduction
Specification under Section 35AC designates the Cancer Institute (WIA) Trust's scheme for providing free food and anti-cancer drugs to poor patients in general wards as an eligible project for tax-deduction purposes, and the Central Government amends the earlier notification to substitute the previously specified corpus fund amount with an enhanced corpus fund amount in the Table entry for the scheme following the National Committee's recommendation.