Tax exemption scheme specified under income tax provision: European Community International Institutional Partners designation enables exemption status.
Central Government, under clause (23BBB) of section 10 of the Income-tax Act, specifies the European Community International Institutional Partners (ECIIP) Scheme, 1993 as a scheme for the purposes of that clause by Notification No. S.O.115(E) dated 23-2-1995, thereby designating the ECIIP Scheme, 1993 as eligible for the statutory exemption framework.

Deduction under section 35AC: approved institutions and specified projects eligible for prescribed project cost deductions.
The Central Government, on the National Committee's recommendation, approves named institutions and specifies eligible projects, estimated costs and the maximum portion of those costs allowable as deductions under section 35AC; the notification also prescribes assessment year validity periods (one, two or three years) for specified serial numbers, thereby conditioning deduction availability on both institutional/project approval and the prescribed time window.

Excise exemption for aquaculture inputs enables duty-free supply and export-linked clearances subject to approval, bond, and procedural conditions.
The notification exempts specified excisable goods used in aquaculture farms operated as hundred per cent export oriented undertakings from basic and additional excise duties, subject to Board approval, direct procurement from factory or warehouse, exclusive use for authorised purposes, Export Import Policy compliance, execution of a bond for accountal, satisfaction of the Development Commissioner as to use, adherence to modified Central Excise Rules procedures and use of Form C.T.3 by the central excise officer in charge.

Name substitution updates central excise exemption to reflect corporate name change for supplies to ONGC.
The Central Government amends Notification No. 212/87-Central Excises by substituting the former entity name with the revised corporate name in the opening portion and the first proviso, effectuating a textual name change within the existing exemption notification for goods supplied to the entity under the enabling excise provision.

Amendment of customs exemption notifications revises beneficiary name and replaces multi party contract wording with government and company phrasing.
Amendment notification directs substitution of the oil entity name with Oil and Natural Gas Corporation Limited and replaces detailed multi party contract phrases with wording referring to contracts "entered into by the Government of India and an Indian Company or Companies" or "by the Government of India and a Foreign Company or Companies," thereby changing the textual eligibility and contracting party definitions in specified customs exemption notifications.

Invoices as duty payment documents amended by deleting "the factory or", altering prescribed document wording under Central Excise rule authority.
The Central Government, invoking the proviso to the specified rule of the Central Excise Rules, 1944, amends its earlier notification prescribing invoices of manufacturers, registered dealers and importers as duty paying documents by omitting the words "the factory or" from that notification.

Warehousing facility extended: additional warehouse added to approved excise list, expanding storage eligibility under excise rules.
The Central Government amended the existing notification listing approved warehouses by adding a new item in paragraph 2, clause (i), thereby extending the warehousing facility to the newly specified warehouse under the Central Excise Rules and making that facility eligible for treatment under the notified warehousing regime.

Specification of Foreign Institutional Investors under section 115AD: notification lists SEBI registered sub account FIIs and custodians.
The Central Government, exercising powers under the Explanation to section 115AD(a) of the Income-tax Act, issues a notification specifying a list of SEBI-registered Foreign Institutional Investors that act as sub-accounts of other registered FIIs, and records each named sub-account together with its global custodian or trustee to identify entities recognised for tax administration under the said provision.

Substitution of Form III updates filing and registration entries, mandating specified document fields upon official Gazette publication.
Substitution of Form III in the Companies Regulations, 1956 prescribes a Registrar of Companies template capturing serial number, name of document or minute, date of registration/filing/recording/entry, and whether the item is registered, filed or recorded; the Companies (Amendment) Regulations, 1995 takes effect on publication in the Official Gazette.

Appointment under SEBI Act: Chairmanship conferred with a fixed-term starting upon assumption of office, subject to statutory rules.
The Central Government appoints the Chairman under Section 4 of the Securities and Exchange Board of India Act and the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules; the appointment is for a specified fixed term commencing from the date the appointee assumes charge and is subject to the conditions of service prescribed in those rules.

Mutual fund specification recognised under Income-tax Act for tax purposes following statutory registration and trust deed.
Central Government specifies J. M. Mutual Fund as a mutual fund for tax purposes under the Income-tax Act by exercising the power conferred by the relevant clause of section 10, identifying the fund as constituted under a trust deed dated 1st September, 1994, set up by J. M. Financial and Investment Consultancy Services Limited and J. M. Share and Stock Brokers Limited and recognising its registration with the market regulator under the Mutual Funds Regulations, 1993, under registration code MF/015/94/8.

Financial institution designation: Industrial Finance Corporation of India Limited added as a notified financial institution under section four A two.
The Central Government amends Notification No. S.O.1329 (8th May, 1978) under sub section (2) of section 4A of the Companies Act, 1956 by inserting a new entry that specifies Industrial Finance Corporation of India Limited, formed and registered under the Companies Act, 1956, as a notified financial institution.

Offences cognizable only on complaint: notified SEBI officers authorised to initiate complaints under specified Companies Act provisions.
The Central Government, under powers of section 621(1) of the Companies Act, 1956, authorises named officers of the Securities and Exchange Board of India to lodge complaints in respect of specified offences under the Companies Act, making those offences cognizable only on complaint by authorised complainants and superseding an earlier notification except as to past acts or omissions.

Section 80L specification: taxable bonds designated for issuance, affecting deduction eligibility under the Income tax provision.
The Central Government, under clause (ii) of sub section (1) of section 80L of the Income tax Act, specifies the 13% taxable KCHC Bonds 2004 Series 1 issued by the Kerala State Co operative Hospital Complex and Centre for Advanced Medical Services Limited, Kannur, bearing distinctive numbers 94/1 01 to 94/1 80,000, with a face value of five thousand rupees each and an aggregate issue of forty crores, for the purposes of that clause.

Excise duty exemption for specified bulk drugs and formulations reduces effective levy subject to prescribed conditions and procedures.
The notification exempts listed bulk drugs and formulations made from them from excise duty in excess of the notified effective rate (nil for listed items), extends nil-rate exemption to specified intermediates when used to make those bulk drugs subject to Chapter X procedures if used outside the producing factory, and prescribes a 10% effective duty rate for other bulk drugs. It defines "bulk drug" by composition and pharmacopoeial standards and "formulation" as medicaments containing bulk drugs with inert pharmaceutical aids.

Amendment of Central Excise exemptions removes specified table entries and explanations by government direction.
The Central Government, invoking powers under sub-section (1) of section 5A, directs amendment of specified prior notifications concerning bulk drugs by omitting identified Table entries and deleting the associated Explanation provisions, thereby restricting the application of those miscellaneous exemption entries as previously published.

Rescission of notification: central government withdraws earlier excise notification as necessary in the public interest.
The Central Government, invoking statutory powers under the Central Excises and Salt Act, 1944, rescinds Notification No. 35/91-C.E., dated 25th July 1991, on the ground that such rescission is necessary in the public interest; Notification No. 6/95-C.E., dated 9th February 1995, effectuates the withdrawal of the earlier tariff/exemption relating to drug intermediates.

Concessional duty for copper products produced by toll smelting reduces customs liability to processing and transport costs.
Exemption limits assessable customs duty on imported copper wire bars, cathodes and rods produced from concentrates sent abroad for toll smelting or toll processing to an amount equal to half the value representing toll smelting/processing costs (labour; material excluding exported concentrates; and other processing charges) plus insurance and freight both ways, subject to import within one year and evidential proof that the imported goods were obtained from the exported concentrates.

Appointment of customs assessing officers for duty-free project imports clarifies assessment responsibility and exemption implementation.
The Central Government designates the Collector of Customs, Delhi and an Assistant Collector of Customs, Delhi to assess goods already imported duty free for the Dulbasti Hydro Electric Project by the French consortium M/s. DOMEZ SOGEA BORIE. This appointment allocates responsibility to those officers to implement and complete assessment formalities for imports admitted under special exemption orders granted under the Customs Act for project imports in Jammu and Kashmir.

Approval under section 36(1)(viii): company recognised for deduction eligibility subject to statutory compliance.
Approval is granted to BOB Housing Finance Ltd. as a company for the purposes of clause (viii) of sub section (1) of section 36 of the Income tax Act, 1961 for the assessment year 1995-96, and the approval is subject to the condition that the company shall conform and comply with the provisions of section 36(1)(viii) of the Income tax Act, 1961.