Exemption under section 35AC: specified institutions' projects approved for deduction with fixed eligible cost limits and time bounds.
Notification approves specified institutions for deduction under the Income-tax provision analogous to section 35AC by naming projects, stating estimated costs and fixing the maximum deductible amount. It lists Jindal Aluminium Limited for a Rural Mobile Medical Clinic (deductible cost Rs.6.00 lakhs) and Bongaigaon Refinery and Petrochemicals Limited for welfare schemes and an Eye Hospital (deductible cost Rs.55.00 lakhs), and prescribes the notification's effective periods as one year for the first entry and two years for the second in relation to the stated assessment years.

Exemption under section 35AC: specified institutions' projects approved and maximum project costs permitted as tax deductions.
The Central Government, under section 35AC, approves specified institutions and designates particular projects or schemes as eligible, stating estimated project costs and the maximum portion of those costs allowable as a deduction. The notification lists institutions with project descriptions and deductible cost ceilings and prescribes the assessment year periods (two or three years as specified for particular serial numbers) during which those projects may qualify for the section 35AC deduction.

Income tax exemption notification conditions for a charitable institution, requiring exclusive application of income and restricted investments.
Notification under section 10(23C)(v) notifies Basava Samithi for income-tax exemption for specified assessment years, conditional on applying or accumulating income exclusively to its objects, restricting investments to permitted forms (with an exception for certain voluntary contributions held as movable property), and excluding business profits unless the business is incidental and accounted for in separate books.

Tax-exempt bonds under section 10(15)(iv)(h): issuance specified and exemption contingent on holder registration requirement.
The Central Government specifies 7-years 10.5 per cent. (Taxfree) NEEPCO Bonds as specified exempt securities under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, identifying the bonds by distinctive numbers and aggregate issuance; the exemption is admissible only if the holder registers his/her name and the holding with the issuing corporation.

Preferential rate of duty: explanatory notification citation updated to incorporate additional notifications affecting tariff references.
Amendment substitutes the explanatory cross-reference in Notification No. 236/89-Customs: the prior single-notification citation is replaced by an expanded list of notifications to be read into the Explanation, thereby updating which government notifications are incorporated by reference for application of preferential rates of duty under the Global System of Trade Preferences.

Preferential tariff concession grants reduced customs duty on specified imports from SAARC countries, subject to origin proof requirements.
Exempts specified goods imported from Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka from portions of the applied rate of customs duty as set out in the Table, with special, larger concessions for goods from Least Developed Countries listed in Appendix II for specified entries. Concessions are conditional on the importer proving origin under the Customs Tariff (Determination of Origin of Goods under the Agreement on SAARC Preferential Trading Arrangement) Rules, 1995. The notification defines "applied rate" and excludes certain earlier notifications from that definition.

Origin determination under SAPTA rules enables preferential trade access for qualifying goods through prescribed origin and documentation tests.
Determination of origin under SAPTA requires the Assistant or Deputy Commissioner of Customs to be satisfied that Schedule conditions are met; importers must claim origin and produce specified evidence at importation. Origin criteria include goods wholly produced or obtained in the exporting Contracting State and goods meeting the value content test where non originating inputs do not exceed the prescribed percentage and final manufacture occurs in the exporting State. Certificates of Origin issued by designated authorities and direct consignment rules are required for preferential concession.

Recovery of drawback where export proceeds not realised: customs can require proof and recover drawback if none produced.
Insertion of rule 16A provides that where drawback was paid but export sale proceeds were not realised within the foreign exchange period, customs-on receiving information from the banking regulator-will issue a thirty-day notice for proof of realisation; absent such proof customs will order recovery of drawback to be repaid within sixty days, with proportional recovery if part proceeds were realised, enforcement under rule 16 if repayment fails, and refund of recovered amounts if proof of later realisation is produced within one year.

Import exemption amendment removes repair and second-hand capital goods references, narrowing scope for goods imported to execute export orders.
Amendment narrows the customs exemption for importation of goods for execution of export orders by removing authorization for repairing, servicing, restoration, reconditioning or renovation and by deleting the explanatory inclusion of second-hand capital goods, thereby limiting permitted processing and excluding used capital equipment from the notification's coverage.

Advance notice requirement for tourist chartered flight baggage controls allows unloading and loading at specified airports under conditions.
The amendment permits unloading and loading of baggage in tourist chartered flights at designated airports only if the tour operator gives the Commissioner of Customs in charge of the airport advance notice of arrival of such chartered flight of seven days or a shorter period permitted by the Commissioner, and revises the Table to add or modify airport-specific permissions for Bihar (Gaya, Patna), Jammu & Kashmir (Srinagar), Manipur (Imphal), Rajasthan, Uttar Pradesh (Agra) and West Bengal (Bagdogra, Calcutta).

Restrictions on Nidhi companies limit non core business activities and require annual auditor certification of compliance.
Central Government directions impose operational restrictions on companies declared as Nidhi or Mutual Benefit Societies, prohibiting them from undertaking non core businesses, opening branches outside the district, admitting corporate members, issuing new shares or acquiring control of other companies, entering financial dealings with non members, taking further deposits from or lending to body corporates, conducting non borrowing/lending businesses, forming new partnership arrangements in borrowing or lending, and granting unsecured advances without prescribed security. Each Nidhi must maintain a minimum membership level and obtain an annual auditor's certificate of compliance and proper accounting.

Tariff exemption: matches in packs of not exceeding forty matches covered by amended central excise notification.
Under the authority of section 5A of the Central Excises and Salt Act, 1944, Notification No. 116/85-Central Excises is amended at the Table entry for Sl. No. 3, column (2), substituting the operative description with: matches packed in boxes/packs of not exceeding 40 matches, thereby defining the packaging scope for the exemption or tariff treatment.

Interest rate ceiling in acceptance of deposits rules amended to a higher prescribed percentage, updating related statutory form entries.
Amendment raises the figure in rule 3(i)(c) of the Companies (Acceptance of Deposits) Rules, 1975 from the prior percentage to a higher percentage by substituting the earlier figure with the new figure; the change is effected by a Central Government notification under section 58A read with section 642 and aligns the corresponding numeric entries in the Form (Part I items 2(b) and 4(b), entries (vi)-(viii)) with the amended rule.

EPCG scheme permitting reuse of imported components for other capital goods upon customs evidence in lieu of certificate.
Amendment permits reuse of imported components, originally for specified capital goods already supplied, by the exporter to manufacture other capital goods in his factory, subject to production of evidence of receipt and utilisation to the satisfaction of customs at the port of importation in lieu of the previously envisaged certificate.

Advance licence imports: amendment broadens exemption to all products exported by manufacturer-exporters with licences applied thereafter.
Amendment inserts a new entry in Notification No.149/95-Cus. providing that all products for export shall be covered for imports against Advance Licences issued to manufacturer-exporters where the licence was issued on an application made on or after the commencement date specified in the amendment, thereby expanding the exemption in the miscellaneous exemption notification.

Customs amendment substitutes Robenidine HCl in the tariff table, imposing a specified duty on the veterinary drug.
Notification No. 161/95-Cus dated 29-11-1995, issued under the Customs Act, substitutes the entry against S. No. 29 in the Table to Notification No. 17/95-Customs so that the entry reads "Robenidine HCl," thereby amending the earlier miscellaneous exemption notification to specify Robenidine HCl as the tariff item subject to the notification's customs treatment.

Fee payment method: SEBI fees must be paid by draft in favour of the Board at Bombay or regional offices.
Amendments substitute specified schedule provisions across multiple SEBI regulations to require that the fees specified in the affected paragraphs and schedules shall be payable by draft in favour of "The Securities and Exchange Board of India" at Bombay, or at the respective regional office, standardising the payment instrument and payee for regulatory fees.

Exchange rate determination for export goods establishes conversion rates for foreign currency in customs calculations.
Determination of rate of exchange for specified foreign currencies for export goods under section 14(3)(a)(i) of the Customs Act, 1962, superseding the prior notification and fixing the applicable conversion rates set out in Schedule I (per one unit) and Schedule II (per one hundred units) to govern conversion into Indian currency or vice versa for export-related customs purposes with effect from the notification's effective date.

Exchange rate declaration sets new conversion rates governing stamp duty and customs valuation for imported goods.
Prescribes the rate of exchange for listed foreign currencies for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962 in relation to imported goods; supersedes the earlier notification and makes the conversion rates in the appended Schedule I (per one unit) and Schedule II (per 100 units) the authoritative rates for conversions into Indian currency and vice versa from the stated commencement date.

Tax exemption notification: Veerayatan Rajgir recognised subject to income application, permitted investments and business conditions for assessment years.
Notification recognises Veerayatan, Rajgir under sub clause (v) of clause (23C) of section 10 for specified assessment years, subject to conditions: income must be applied or accumulated wholly and exclusively to the institution's objects; investments/deposits during the relevant previous years are restricted to statutory modes (excluding certain voluntary contributions in forms like jewellery or furniture); and the notification does not cover profits and gains of business unless the business is incidental to the objects and maintained in separate books.