Research institution approval under section 35(1)(iii) grants tax deduction eligibility for qualifying social science research activities.
Approval is granted to M/s Patanjali Yog Peeth Nyas for its University of Patanjali, Haridwar, as a University, College or Other Institution for Social Science or Statistical Research for purposes of clause (iii) of sub section (1) of section 35 of the Income tax Act, read with the Income tax Rules; the approval is effective from Gazette publication with retrospective application to the previous year, enabling eligible research expenditure to receive the prescribed tax treatment subject to applicable rules and compliance.

UAV export controls eased: small drones now eligible for general authorization under GAED, reducing licensing requirements.
The substituted Category 5B recasts export controls on unmanned aerial vehicle systems, related equipment, propulsion systems, safing/arming mechanisms, production facilities, and associated technology and software; cruise missiles are excluded to the Munitions List. A carve out moves certain lower capability UAVs not otherwise controlled to a General Authorisation for Export of Drones (GAED), exempting qualifying exporters from per shipment SCOMET licenses during the authorisation period, subject to post reporting and documentary requirements, with GAED procedure to be notified separately.

Assessment withdrawal for registered persons follows specified return filing and payment of interest and late fee to qualify.
Assessment orders issued on or before the specified cut-off are deemed to have been withdrawn for registered persons who did not file a valid return within thirty days of service, provided they file the outstanding return by the notified deadline and pay the applicable interest and late fee. The relief applies irrespective of whether an appeal against the assessment order was filed or decided.

Lieutenant Governor of Ladakh given delegated rulemaking powers under the Industrial Relations Code, subject to presidential control.
The President delegates rulemaking powers under the Industrial Relations Code, 2020 to the Lieutenant Governor of the Union territory of Ladakh, subject to the President's control and limited to making rules where Ladakh is required to act as the appropriate Government or State Government; the delegation is temporary and operative until further order.

Occupational safety code allows delegated rulemaking for a Union territory's administration regarding workplace health and working conditions.
The Lieutenant Governor of Ladakh is directed under article 239 to exercise the powers and discharge functions of the appropriate Government or State Government to make rules under the Occupational Safety, Health and Working Conditions Code, 2020, subject to the President's control and until further order, limited to areas where the Union territory must make rules.

Lieutenant Governor of Jammu and Kashmir authorised to make Industrial Relations Code rules subject to presidential control.
The President directs that the Lieutenant Governor of Jammu and Kashmir shall, subject to the President's control and until further order, exercise the powers and discharge the functions of the appropriate Government under the Industrial Relations Code, 2020 to make rules in areas where the Union territory is required to make rules as appropriate Government or State Government.

Delegation of powers to the Lieutenant Governor to make rules under the occupational safety and health code, subject to presidential control.
The Lieutenant Governor of Jammu and Kashmir is directed, subject to Presidential control and until further order, to exercise the powers and discharge the functions of the appropriate Government or State Government under the Occupational Safety, Health and Working Conditions Code, 2020 to make rules, limited to areas where the Union territory is required to make rules either as appropriate Government or State Government.

De-notification of SEZ: Central Government withdraws SEZ status after developer proposal and state concurrence.
Rescission of the sector-specific IT/ITES SEZ notification at Tirunelveli is granted upon the developer's proposal to de-notify the entire 31.99 hectare area; the State issued a No Objection Certificate and the Development Commissioner recommended de-notification, and the Central Government rescinds the prior notifications while preserving effects of prior actions.

Export restrictions on chrome ore now require authorisation or designated-channel export, altering procedural compliance for exporters.
Export policy for chromium ores under HS Code 2610 is amended to classify affected items as restricted; high-concentration chrome ore now requires an authorisation to export, while other ore categories and concentrates must be exported through a designated state trading channel, imposing immediate compliance obligations on exporters.

Extension of limitation period for recovery orders under section 73; deadlines extended for specified past financial years.
The notification extends the statutory time limit for issuance of recovery orders under section 73 of the DGST Act for recovery of tax not paid or short paid and for input tax credit wrongly availed or utilised, by modifying prior notifications and providing additional time for authorities to complete proceedings for specified past financial years.

New tax regime option requires Form 10 IEA for electronic exercise or withdrawal and limits depreciation.
Rules restrict exemption entitlement for employees opting into the new tax regime and exclude voucher provided free food concessions for such employees. Depreciation for specified taxpayers under the regime is capped at forty percent of the written down value with transitional WDV increase where certain prior depreciation was not fully allowed. A new rule mandates electronic filing of Form No. 10 IEA to exercise or withdraw the option into the regime, requires digital signature or an electronic verification code, and directs systems authorities to specify procedure, data standards and security measures.

Revocation of registration allowed if pending returns are filed and due tax, interest and penalties are paid within a limited period.
Registered persons whose registration was cancelled under clause (b) or (c) of section 29 on or before 31st December, 2022, and who did not seek revocation within the time in section 30, may apply for revocation up to 30th June, 2023 only after furnishing returns due up to the effective cancellation date and paying the tax, interest, penalty and late fee shown therein; no further extension is available. The class includes those whose appeals under section 107 were dismissed for failure to comply with the time limit in section 30(1).

Commencement of recordkeeping obligations and tailored schedule treatment for execution only platforms, including a variable networth exemption.
The Board appoints the first day of September, 2023 as the commencement date for recordkeeping and book-keeping obligations under regulation 17 of the Stock Brokers Regulations, 1992, and enacts schedule amendments that add and clarify entries for Execution Only Platforms, including a specific provision that the Variable Networth requirement does not apply to the Execution Only Platforms segment.

Extension of GSTR-7 filing deadline: covers April and May 2023 with due date moved to end of June.
Amendment to Notification No. 26/2019 substitutes "month of April, 2023" with "months of April 2023 and May 2023" and replaces the due date "thirty-first day of May, 2023" with "thirtieth day of June, 2023," deeming the amendment effective from the thirty-first day of May, 2023.

Extension of return due date expands the covered period and postpones the compliance cutoff under the amended notification.
Amendment revises the earlier notification by substituting the single-month reference with a two-month reference and substituting the previously specified last-day deadline with a later last-day deadline; it is issued under the Commissioner's delegated authority on council recommendation and is deemed to have come into force retrospectively from the prior month-end.

Extension of GSTR-3B due date: Manipur-based registrants' returns for April and May extended to June 30, 2023.
Amendment extends the filing period for FORM GSTR-3B for registered persons with principal place of business in Manipur by adding May, 2023 to April, 2023 returns and moving the due date from 31 May, 2023 to 30 June, 2023; effected under the Commissioner's powers under sub-section (6) of section 39 and deemed effective from 31 May, 2023, amending Notification No. 12/2023-Central Tax.

Extension of GSTR 1 filing deadline grants extra time for outward supplies reporting for specified tax periods.
Amendment to Notification No. 83/2020 extends the FORM GSTR 1 filing timeline by substituting the tax period reference to include April 2023 and May 2023 and by moving the due date from the thirty first day of May, 2023 to the thirtieth day of June, 2023; the change is made by the Commissioner on the Council's recommendation under section 37(1) proviso read with section 168 and is deemed effective from the thirty first day of May, 2023.

General Authorization for export of chemicals allows DGFT one-time approval for exports to specified countries with post export reporting.
The amendment replaces country specific listings in Para 10.08(ix) with a reference to Paragraph 10.16 of the Handbook of Procedures 2023 for determining eligible destination countries under the General Authorization for Export of Chemicals and related equipments (GAEC). GAEC remains a one time DGFT authorization with fixed term validity and is subject to mandatory post export reporting of all exports effected under the authorization.

GST amendment clarifies essential oils taxability, replacing entry for peppermint and other mints, effective retrospectively under GST law.
Substitution of table entry 3A specifies HSN codes under 3301 and identifies essential oils other than citrus-notably peppermint and various mint oils-as covered, and states applicability to any unregistered person and any registered person; the amendment is effective from the first day of January, 2023.

GST Schedule amendment: expands feed classifications and inserts husk of pulses under specific tariff headings.
The notification amends the Punjab GST Schedule by substituting the entry at serial number 102 to list aquatic feed (including shrimp and prawn feed), poultry feed, cattle feed, grass, hay, straw, supplements and additives, wheat bran and de-oiled cake (other than rice bran), and by inserting serial number 102C against tariff headings 2302 and 2309 for husk of pulses including Chilka, concentrates including chuni/churi, Khanda; the amendment is deemed to have come into force on the first day of January, 2023.