Approval as housing finance company under section 36(1)(viii) confers tax recognition subject to statutory compliance.
Approval is granted to M/s. Pariwar Finance Company Limited as a Housing Finance Company under section 36(1)(viii) of the Income-tax Act, 1961 for specified assessment years, subject to the condition that the company conform to and comply with the provisions of section 36(1)(viii).

Housing finance company approval asserted under income-tax provision, subject to compliance with statutory conditions.
Approval is granted to M/s. Manoj Housing Finance Company Limited as a Housing Finance Company for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for specified assessment years. The approval is subject to the condition that the company will conform to and comply with the provisions under section 36(1)(viii) of the Income-tax Act.

Foreign Currency Convertible Bonds scheme under section 115AC prescribes tax treatment through depositary receipts for subsequent assessment years.
The notification specifies the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993 as the prescribed scheme under clause (a) of sub section (1) of section 115AC of the Income tax Act, effective for the assessment year 1993 94 (previous year 1992 93) and subsequent assessment years, identifying issuance of foreign currency convertible bonds and conversion into ordinary shares via depositary receipts as the transactional mechanism covered by the provision.

Coastal ports declaration amended: specified schedule entries omitted, removing certain ports from the coastal ports list under customs rules.
The Central Government, exercising powers under the Customs Act, amends Notification No. 75/73 Customs by omitting the entries against Serial Numbers 6, 7, 8 and 12 in the Schedule, thereby removing those ports from the list of ports declared as coastal ports for customs purposes.

Customs port designation enables Ennore Port to receive and unload ammonia under statutory authority for import operations.
Appointment of Ennore Port as a Customs port authorizes the port to receive and unload ammonia under the Central Government's powers under clause (a) of section 7 of the Customs Act, 1962, designating Ennore in Chengalpattu MGR District, Tamil Nadu, for the specific operational function of unloading ammonia consignments and subjecting those operations to customs control and procedures.

Customs airport designation: Hyderabad Airport authorized for import unloading and export loading under customs powers.
The Central Government designates Hyderabad Airport as a Customs airport for unloading imported goods and loading export goods under section 7(a) of the Customs Act, 1962, superseding the earlier notification and authorizing customs procedures for specified classes of goods at the airport.

Exemption under section 35AC: approval of a relief and rehabilitation project by a notified institution enabling tax-deductible contributions.
Exemption under section 35AC approves National Press India (NPI) and its NPI relief fund for rehabilitation of survivors of earthquake victims in Karnataka and Maharashtra as an eligible project for tax-deductible contributions, with a specified maximum approved project cost and a two-year temporal scope, effected by Central Government notification on National Committee recommendation.

Public worship recognition under section 80G enables qualifying donations to Sri Ranganatha Perumal Temple to receive tax-deduction treatment.
Sri Ranganatha Perumal Temple, Thiruneermalai, Madras, was notified as a place of public worship of renown throughout Tamil Nadu under section 80G of the Income-tax Act, 1961. The notification enables donations qualifying under the applicable provision to receive associated tax-deduction treatment.

Customs exemption for testing imports: duty and additional duty waived where head certifies goods are only for testing.
Exempts all goods within the Customs Tariff Schedule when imported solely for testing into specified or Ministry-approved laboratories from the whole of customs duty and the whole of additional duty, conditional on certification by the head of the importing organisation that the goods are imported only for testing and will not be used or sold after testing.

Warehousing amendment expands district coverage under central excise notification to include an additional district for warehousing benefits.
The amendment modifies paragraph 2, clause (i) of Notification No. 266/67-C.E. by inserting a new item (zzn) after item (zzm), expressly adding Sambalpur district of the State of Orissa to the areas covered by the notification under the Central Excise Rules, 1944.

Exemption for foundry grade pig iron: duty waived if specified phosphorus content and produced using coke, time-limited.
Exempts foundry grade pig iron under the relevant tariff classification from the whole of excise duty where the pig iron meets a prescribed phosphorous content and is produced by a unit other than an integrated steel plant using coke as the principal fuel; the exemption is granted under statutory power and is limited in duration by the notification's expiry.

Tax exemption notification under section 10(23D) recognises Commonwealth Equity Fund as a public sector mutual fund.
Central Government, under clause (23D) of section 10 of the Income-tax Act, specifies the Commonwealth Equity Fund Mutual Fund established by a corresponding new bank as a mutual fund of public sector banks for the purposes of that provision, formally classifying the fund within the statutory category applicable to mutual funds of public sector banks.

Mutual fund specification confirms Indbank Offshore Mutual Fund's notified tax-exempt status under income tax law regime.
The Central Government, exercising the power conferred by clause (23D) of section 10 of the Income tax Act, specifies Indbank Offshore Mutual Fund as a mutual fund; the Fund is set up under a trust deed dated June 27, 1993, by Indian Bank and is included within the statutory tax framework by official notification.

Tax exemption under section 10(23) granted to a society, conditional on income application, investment limits, and distribution restrictions.
Notification confers exemption under section 10(23) on the Jawaharlal Nehru Hockey Tournament Society subject to conditions: income must be applied or accumulated solely for its objects under the modified section 11 rules; investments are limited to permitted forms or specified tangible articles; income distribution to members is barred except grants to affiliated bodies; and business profits are excluded unless incidental and maintained in separate books.

Customs tariff amendment adds specified power transmission and cable projects to an exemption notification for economic development purposes.
The Central Government, invoking the power under the relevant sub item of Heading No. 98.01A to promote economic development, amends Notification No. 110/86 Customs by inserting two new serial entries: transmission projects of the Power Grid Corporation Limited and a high voltage XLPE cable with associated gas insulated switchgear project of the Delhi Electric Supply Undertaking.

Exemption for exporters: duty-free tags, labels and packaging allowed only where per-case value remains under a prescribed cap.
Amendment substitutes the prior conditional clause in the customs notification with an express value-based ceiling for the exemption: bona fide exporters may obtain duty-free tags, labels, printed bags and stickers only where the per-case value of those items does not exceed the prescribed value cap.

Appointment of Customs Officers amends district allocations and designates Collectors and Assistant Collectors under customs administration.
Amendment substitutes item 2, sub-items (a) and (b) to reallocate specified districts and to designate the Collector of Customs (Preventive), Patna as responsible for the listed Uttar Pradesh districts, with an Additional Collector of Customs, Muzaffarpur, and Deputy and Assistant Collectors working under the Collector's control; and to identify the Additional Collector of Customs, Lucknow in respect of the Bihar districts shown in the table.

Waiver of interest on customs duty: Principal collectors empowered to consider relief for small warehoused-goods liabilities.
The amendment grants Principal Collectors of Customs the power to consider waiver of interest on the customs duty in respect of any warehoused goods in cases in which the amount of interest does not exceed fifteen lakhs, thereby delegating a specified Board function to Principal Collectors under the existing notification framework.

Exchange rate determination for export goods establishes prescribed currency conversion rates to govern export-related customs conversions.
The Central Government prescribes specific conversion rates for listed foreign currencies for export goods under the Customs Act, effective from the stated commencement date, and supersedes the earlier notification; two Schedules set rates per unit or per 100 units to be used for conversion between foreign currency and Indian Rupees in export-related customs procedures.

Exchange rate determination sets official currency conversion rates for customs and stamp duty on imported goods.
Prescribes official exchange rates to be used for calculating stamp duty and for determinations under the Customs Act in relation to imported goods, superseding the earlier notification and fixing operative conversion rates effective from the stated date. Schedule I provides rates per one unit of specified foreign currencies; Schedule II provides rates per one hundred units of specified foreign currencies. The rates listed in these schedules are to be applied for conversion into Indian currency or vice versa for customs and stamp duty purposes.