Exemption under section 35AC: charitable trust's medical-aid and relief project specified as eligible and period extended.
Central Government specified the Jivan Jyot Charitable Trust's scheme of help-assistance to patients for medical aid, education and foodgrains as an eligible project under the income-tax provision and, following the National Committee's recommendation that execution was satisfactory, extended specification of the scheme for a further period beginning with the assessment year 2002-2003, noting the project's estimated cost and inclusion of a corpus fund.

Exemption under Income-tax Act: eligible hospital project re-specified and period extended, with increased project cost ceiling by notification.
The notification re-specifies and extends the maintenance project of S. J. Patel Sarvajanik Hospital as an eligible project for tax exemption beginning with the assessment year 2002-2003 upon the National Committee's recommendation, and amends the earlier notification to increase the maximum project cost eligible for the exemption by substituting the previous figure in the notification's table with the revised cost.

Exemption under section 35AC extended to charitable blood and eye bank project, enabling eligible tax relief for specified capital and running costs.
Exemption under section 35AC is specified for the Mehsana Jaycees Charitable Trust's project to purchase equipment, instruments and vehicles and to run a blood bank and an eye bank; the National Committee recommended extension after finding proper execution, and the Central Government has specified the project as eligible for a further three year period beginning with the assessment year 2002 2003, with an estimated project cost and a corpus fund.

Exemption under section 35AC extended for Vikas project, permitting continued eligibility for Vridhashram and industrial shed construction.
The Central Government specified the scheme by Vikas for purchase of machinery and construction of a Vridhashram and industrial shed at Kolavada, Gandhinagar, Gujarat, as an eligible project for a further three-year period beginning with assessment year 2002-2003, following a National Committee recommendation under the Income-tax Rules that the project was being executed properly and merited extension of the original specification.

Exemption under section 35AC: project for land development and running of Shree Nirmal Vivek Institute retained as eligible.
The Central Government, under sub section (1) read with clause (b) of the Explanation to section 35AC and on recommendation under sub rule (5) of rule 11M, specifies the land development, construction, furnishing, equipment and running of Shree Nirmal Vivek Institute by the Society for Welfare of Mentally Handicapped, Jaipur, as an eligible project for a further three year period beginning with the assessment year 2002 2003, identifying the executing entity, scope of activities and the estimated project cost.

Exemption under section 35AC extended for hospital development project, preserving eligibility for specified charitable expenditure.
Central Government specified and extended the eligibility of Thakershy Charitable Trust's hospital development scheme for exemption under section 35AC, covering purchase of equipment and development/updating of the Ambawadi hospital, following National Committee recommendation; the specification extends the project's eligible status for three years beginning with assessment year 2002-2003.

Section 35AC exemption extended for Valluvar Gurukulam school project, qualifying construction and equipment expenditure for an additional three years.
The Central Government, exercising powers under the Income tax Act, specified the Valluvar Gurukulam school construction and equipment project at Tambaram, Chennai as an eligible project under section 35AC for a further three year period beginning with the assessment year 2002-2003 following a National Committee recommendation under the Income tax Rules that the project is being executed properly.

Tax exemption under Section 35AC extended for a specified school and rehabilitation project following regulatory recommendation.
Central Government specifies extension of tax-exempt status under Section 35AC for the construction, equipment purchase, furnishing and running of a school and rehabilitation centre at Ramo Halli, Kengeri, Bangalore by Shubham Karothi, following the National Committee's recommendation, as an eligible project for a further three-year period beginning with the assessment year 2001-2002, noting the estimated cost.

Exemption under section 35AC: construction of school buildings by Rutumbhara Education and Vikas Trust specified as eligible for further period.
The Central Government specifies the construction of school buildings at Sadatpur, Idar, Sabarkantha, Gujarat, by Rutumbhara Education and Vikas Trust as an eligible project for exemption under section 35AC of the Income-tax Act, following the National Committee's recommendation under the governing rules; the specification extends eligibility for a further three-year period beginning with the assessment year 2002-2003 and records the executing trust, project location and estimated project cost.

Tax exemption under section 35AC extends eligibility for the specified sports hostel project by Sri Aurobindo Ashram for a further three years.
The Central Government specifies under section 35AC that the construction and furnishing of sports hostels "Faquir Kutir" and "Arohan" by Sri Aurobindo Ashram-Delhi Branch at Van Niwas, Nainital, is an eligible project; the National Committee recommended further specification after finding the project properly executed, and the Government extends eligibility for a further three-year period beginning with the assessment year 2002-2003, recording the estimated project cost.

Tax exemption eligibility extended for Karuna Trust health project; government notification also increases the maximum project cost.
The Central Government specifies Karuna Trust's program of eye operations, polio camps, oxygen cylinder seva and ambulance service across Gujarat as an eligible project for tax-exemption purposes and, on the National Committee's recommendation, extends its eligibility for a further three years while increasing the maximum sanctioned project cost by amendment to the earlier notification.

Exemption under section 35AC: approved education project qualifies for a capped deduction for specified assessment years.
Approval is granted under section 35AC for Sihor Education Foundation's project comprising construction, equipment, furnishing, operation of a college and a corpus fund, with an identified estimated project cost and a specified maximum portion of that cost allowable as a deduction; the notification limits the temporal scope of the approval to particular assessment years.

Approval under section 10(23G) ties tax-favourable recognition to compliance, audit and licence requirements for satellite mobile service.
Approval under section 10(23G) and rule 2E accords tax-favourable recognition to the specified Global Mobile Personal Communication by Satellite service operator, subject to compliance with section 10(23G)/rule 2E, maintenance of books of account, audit by an accountant, furnishing the audit report, and execution of the licence agreement; cessation of infrastructure activity, failure to maintain/audit accounts or to furnish the audit report, or failure to sign the licence agreement will permit the Central Government to withdraw the approval.

Tax approval for infrastructure project requires compliance, audited accounts, and permits government withdrawal for noncompliance.
Approval is granted to Rajdeep Road Developers (P.) Ltd. for a BOT development of a major bridge, qualifying the project under section 10(23G) read with rule 2E for the specified assessment years. The approval is subject to compliance with section 10(23G) and rule 2E, including maintenance of books and furnishing of an audit report under sub rule (7) of rule 2E; the Central Government may withdraw approval if the undertaking ceases the infrastructure activity or fails the accounting and audit requirements.

Approval under section 10(23G) grants tax exemption to a VSAT infrastructure operator subject to compliance and audit conditions.
Approval is granted under section 10(23G) read with rule 2E for specified assessment years for the development, maintenance and operation of a domestic value added CUG 64KBPS VSAT data network service. The approval is conditional on compliance with statutory provisions and is subject to withdrawal if the undertaking ceases the infrastructure activity, fails to maintain audited books of account as required by rule 2E(7), or fails to furnish the audit report.

Commencement of Section 80 appointed under Companies (Amendment) Act, bringing the provision into force on the specified date.
The Central Government, exercising the enabling power in the Companies (Amendment) Act, 2000, by notification S.O. 523(E), appoints the specified date as the day on which the targeted provision of the Act shall come into force, and the Department of Company Affairs issued the notice through its Joint Secretary to give effect to that commencement.

Filing requirement: Intimations and petitions for default on matured deposits and debentures must use Form No.1.
Regulatory amendments expand existing provisions to cover debenture defaults alongside deposit defaults, introduce Regulation 42A mandating that intimations under the small depositor provision and petitions under the debenture default provision be filed in Form No.1, and revise Annexure II and III forms to insert debenture-holder terminology, update cross-references, and prescribe detailed documentary requirements for petitions about repayment defaults, including officer particulars, full lists of depositors or debenture holders, reasons for non-payment, recent annual reports, audited cash flow projections for deposit-related matters, and prospectus and trust deed copies for debenture petitions.

Anti-dumping duty on white cement imposed provisionally on imports from UAE and Iran to counter dumped exports.
An anti-dumping duty is provisionally imposed on white portland cement (sub-heading 2523.21) originating in or exported from the UAE and Iran, based on findings of export below normal value and injury to the Indian industry. The notification prescribes country- and exporter-specific rates, applies to all specified exporters, is effective until 13 December 2001, is payable in Indian currency, and directs that the exchange rate for calculation shall be the rate notified by the Ministry of Finance with the relevant date being the bill of entry presentation.

Delegation of central excise powers enables Commissioner Chennai-I to investigate and adjudicate cases nationwide as assigned.
The Central Board of Excise and Customs delegated to the Commissioner of Central Excise, Chennai-I the powers of a Commissioner of Central Excise to be exercised throughout India for the purpose of investigation and adjudication of cases assigned to him by the Board under the statutory delegation framework.

Procedure for Board Meetings establishes framework for convening, conducting and recording board meetings under statutory authority.
SEBI, exercising power under section 30 of the Securities and Exchange Board of India Act, 1992, promulgated the Securities and Exchange Board of India (Procedure for Board Meetings) Regulations, 2001, establishing that board meeting procedures-covering convening, conduct and recording of minutes-are governed by regulations issued under SEBI's statutory authority and noting the notification date and filing reference.