Approval as Scientific Research Association subject to mandatory separate accounts, audit report and donation statement compliance.
Central Power Research Institute Bengaluru is approved as a Scientific Research Association under clause (ii) of sub section (1) of section 35, subject to conditions: sole objective of undertaking scientific research, carrying out research itself, maintaining separate books of accounts for research receipts and expenditures, having those books audited by a qualified accountant and furnishing the audit report by the income tax return due date, and maintaining a certified statement of donations and amounts applied for scientific and social science research.

SEZ corrigendum: developer name substituted in sector-specific SEZ notification, updating administrative record to reflect new developer identity.
Administrative correction to a sector-specific services SEZ notification instructs that the developer name recorded in the original notification be read as the newly named corporate developer in place of the previously named entity, thereby updating the public record and the developer designation for the specified SEZ locations without changing the SEZ's sectoral description or other operative terms.

Special Economic Zone area expansion: additional land notified under SEZ Act, increasing the SEZ's total area and updating notified plots.
Central Government notifies inclusion of an additional 5.667 hectares into the sector-specific Special Economic Zone for Information Technology and Information Technology Enabled Services at SIPCOT IT Park, Siruseri and Kazhipattur Villages, Chennai under powers conferred by the Special Economic Zones Act, 2005 and the Special Economic Zones Rules, 2006, thereby revising the SEZ's total area to 16.517 hectares and recording the added survey plots in Egattur and Kazhipattur.

Tribunal working day change: Saturdays replaced by second Saturday monthly, altering hearing and registry sitting schedules.
Amendment to the Debts Recovery Tribunal procedural rules substitutes the term "Saturdays" in rule 19 with "second Saturday of a month," concentrating tribunal and registry sittings from all Saturdays to a single designated Saturday each month, thereby changing the regular hearing and administrative schedule. The amendment is made under the Act's rulemaking power and takes effect upon publication in the Official Gazette.

Indian Accounting Standards compliance requires revised Schedule III presentation and enhanced disclosure obligations in financial statements.
Amendments create Division II in Schedule III to require companies subject to Indian Accounting Standards (Ind AS) to prepare financial statements under a prescribed presentation and minimum disclosure framework, with Notes providing narrative, disaggregated information and cross references. The Schedule prescribes formats for Balance Sheet, Statement of Changes in Equity and Statement of Profit and Loss, requires comparatives and rounding conventions, sets materiality and classification rules for current/non current items, and mandates detailed disclosures for assets, liabilities, equity, income and expense items. Consolidated financial statements follow these requirements with additional group level disclosures.

Electronic Verification Code verifies identity for e-filed appeals, creating unique PAN/TAN-linked validation with limited-time usability.
EVC procedure requires the Principal Director General/Director General (Systems), under CBDT delegation, to specify generation, validation, data structure, storage, security, archival and retrieval standards for Electronic Verification Codes used to verify the identity of the Verifier for e-filed Form No. 35. EVCs are unique to an Assessee-PAN or Assessee-TAN, non-transferable, stored with verification details, valid for a limited period, and may be generated multiple times by various modes; procedures align with specified prior Notifications and may be modified by the delegated authorities.

Reporting financial institutions must register, obtain ITDREIN and file Form 61B electronically using digital signatures.
Notification requires reporting financial institutions to register on the Income Tax e filing portal, obtain a unique ITDREIN per reporting entity category, register designated director and principal officer, and submit the Statement of Reportable Account in Form 61B (or a nil statement) via secure electronic transmission in the prescribed XML schema. Filings must be submitted using the designated director's Digital Signature Certificate and comply with validation, security, archival and retrieval procedures specified by the Principal Director General (Systems).

De-notification of SEZ land reduces the notified area under the Special Economic Zones Act and updates the land schedule.
The Central Government, exercising powers under the Special Economic Zones Act, 2005 and SEZ Rules, 2006, has de-notified an area of 234.7 hectares from the Multi-Product SEZ at Nellore following the developer's proposal, State Government No Objection, and the Development Commissioner's recommendation, thereby revising the notified SEZ area to 768.27 hectares and specifying the affected villages and survey numbers in a tabulated schedule.

XBRL filing exemption: specified entities in banking, insurance, power and non banking finance relieved from filing financial statements electronically.
The amendment substitutes the proviso to rule 3 to provide that companies in the banking sector, insurance sector, power sector, non banking financial companies and housing finance companies need not file financial statements under rule 3 of the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015; the rules are titled as the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2016 and commence on publication in the Official Gazette.

Exchange Rate Revision adjusts INR conversion rates for South African Rand for import and export valuations under customs notification.
The notification amends Schedule I of Notification No.41/2016 CUSTOMS (N.T.) by substituting serial No.12 to set the rate of exchange for one unit of the South African Rand at 4.65 for imported goods and 4.40 for export goods, effective from 05 April 2016.

Tax exemption notification for state electricity regulatory commission defines specified income categories and applicable compliance conditions.
Notification designates the Sikkim State Electricity Regulatory Commission as entitled to exemption for specified income comprising grants and aid from government, petition fees, licence fees and interest on investments or deposits, subject to conditions that the Commission not engage in commercial activity, that activities and nature of the specified income remain unchanged, and that returns be filed as prescribed under section 139(4C). Applicable for financial years 2015-2016 to 2019-2020.

Specified income exemption for a pollution control board clarifies taxable treatment of regulatory and non commercial environmental fees.
The Central Government notifies the West Bengal Pollution Control Board so certain categories of receipts are treated as specified income, including consent and analysis fees, authorisation and public hearing fees, cess reimbursements, scheme reimbursements, sale of non profit books, RTI and training fees, interest on deposits and loans, pollution costs and miscellaneous non profit receipts. Conditions: no commercial activity, unchanged nature of activities and income, and prescribed return filing. Applicability: financial years 2015-2016 to 2019-2020.

Customs corrigendum: goods imported through courier service now sole entry in para two list under notification amendment.
The corrigendum replaces the multiple sub entries previously set out in paragraph 2 of the notification and directs that paragraph 2 shall be read to contain a single entry: goods imported through a courier service, thereby narrowing the operative content of that paragraph to courier imported goods.

Appointment of Assistant Commissioners-cum-VATO under Delhi VAT Act to assist Commissioner in administering the Act.
Official notification invokes statutory authority to appoint named officers as Assistant Commissioner cum VATO to assist the Commissioner of Value Added Tax; each appointment takes effect from the officer's date of assumption of charge and is issued by the Finance Department in the name of the Lt. Governor.

Appointment of Assistant Value Added Tax Officers to assist the Commissioner under the Delhi VAT Act upon assumption of charge.
Under authority of the Delhi Value Added Tax Act and the VAT Rules, the Lt. Governor has appointed six named individuals as Assistant Value Added Tax Officers to assist the Commissioner, effective from their assumption of charge, by official notification issued by the Finance Department.

Tourist origin correction: notification amends proviso language to specify foreign origin tourists instead of Indian origin.
Corrigendum corrects the first proviso to Rule 3 of Notification No.43/2016-Customs(N.T.) by substituting the phrase "tourist of Indian origin" with "tourist of foreign origin", thereby amending the eligibility descriptor in the proviso.

Cross border deposit regulation: RBI framework for non resident accounts, repatriation and compliance obligations.
The Regulations prohibit cross border deposits except as authorised, establish eligibility and operational rules for NRE, FCNR(B) and NRO accounts (permitted credits/debits, account forms, interest, change of residential status, nominee remittances), permit lending against deposits subject to bona fide use and Reserve Bank directions, prescribe terms for corporate repatriable and non repatriable deposits, and create SNRR and Escrow account regimes with specified conditions, repatriation rules, reporting and KYC obligations for authorised dealers and banks.

Customs service fee exemption applies where ports and airports provide round-the-clock cargo clearance on all days.
Customs service fees are exempted at Customs ports and airports where cargo-clearance working hours are prescribed as twenty-four hours on all days. The exemption covers services rendered by officer categories listed in the fee table under the Customs (Fees for Rendering Services by Customs Officers) Regulations, 1998. The amendment inserts this exemption as a proviso to regulation 3 and takes effect upon publication in the Official Gazette.

Electronic integrated declaration replaces electronic declaration, updates customs broker references, and mandates ICEGATE electronic filing.
The regulations substitute the term Electronic Integrated Declaration for "electronic declaration" throughout the Bill of Entry rules, replace the Customs House Agents Licensing reference with the Customs Brokers Licensing Regulations, 2013, omit clause (b), expand "includes its print-outs" to "includes its electronic records or print outs" as defined in the Information Technology Act, and require filing in the electronic form provided at the ICEGATE website instead of the Annexure format.

CENVAT Credit adjustment: fixed rates apply to exempted supplies with liability capped by available opening balance and credits.
Amendment replaces rule 6(3)(i) to require payment calculated on exempted goods and exempted services, subject to a maximum equal to the opening balance of input and input service credit available at the period's start plus credits taken during that period; and substitutes in rule 7B(1) the reference to invoices under the Central Excise Rules, 2002 with "documents specified under rule 9".