Anti-dumping duty on fused magnesia imposed on specified exporters from China under customs anti-dumping rules.
Imposition of anti-dumping duty on fused magnesia imports originating in or exported from the People's Republic of China pursuant to findings that those imports were dumped, caused material retardation to the Indian industry, and caused the injury. The Central Government, under section 9A of the Customs Tariff Act and relevant anti-dumping rules, prescribes exporter-specific duty rates per metric tonne and a general rate for other exporters as set out in the annexed table.

Tax-exempt infrastructure approval granted to Upper Krishna Project subject to compliance, audit and continuity conditions.
Approval is granted to the Upper Krishna Project of Krishna Bhagya Jala Nigam Ltd. by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1998-99, 1999-2000 and 2000-2001, subject to conformity with those provisions and with withdrawal of approval if the enterprise ceases to carry on infrastructure facility, fails to maintain books of account and get them audited as required by sub-rule (7) of rule 2E, or fails to furnish the audit report required by that sub-rule.

Tax exemption under section 10(23G) granted with compliance and audit conditions; approval withdrawable on noncompliance.
Central Government approved Daewoo Power Ltd. under section 10(23G) read with rule 2E for its Korba thermal power project, subject to compliance with the statutory provisions and the maintenance and audit of books of account; the Government may withdraw approval if the enterprise ceases to carry on an infrastructure facility, fails to maintain or audit accounts, or fails to furnish the required audit report.

Section 35CCB approval granted to Vanarai for conservation work, subject to specified accounting and reporting obligations.
Approval is granted to Vanarai, Vijayanagar, Pune for its conservation programme for the period 1 4 1998 to 31 3 1999 subject to conditions: maintain a separate account for donations, furnish a progress report for 1998 99 by the prescribed deadline, and submit annual audited accounts showing total income and liabilities, with copies to the prescribed authority and the concerned Commissioner of Income tax.

Approval under section 35CCB: Institution cleared for conservation programme subject to accounting and reporting conditions.
Approval is granted to M/s Vanarai Vijaynagar, Pune under section 35CCB for a conservation of natural resources programme for the stated validity period, subject to conditions: maintain a separate account for donations for conservation activities; furnish a progress report for the specified financial year by the prescribed date; submit statements of total income and liabilities with copies to the concerned Commissioner of Income-tax; and submit audited accounts and a progress report for the relevant period to the prescribed authority.

Salary threshold increase for employee particulars requires higher disclosure thresholds, effective on Gazette publication by government.
Amendment to rule 1A of the Companies (Particulars of Employees) Rules, 1975 substitutes monetary thresholds in clause (a) from three lakhs to six lakhs and in clause (b) from twenty five thousand to fifty thousand, effective on publication in the Official Gazette.

Term limits for Company Law Board members set with fixed retirement ages for chairman and members under amended rule.
The amendment replaces rule 8 to prescribe that, except as provided in rules 6 or 7, the Chairman shall hold office until he attains the stipulated retirement age for that office and the Vice Chairman and any other Member shall hold office until they attain the stipulated retirement age for those offices; the Amendment Rules, 1999 take effect on publication in the Official Gazette.

Tax exemption under section 10(23) requires association to apply income to charitable objects and meet specified investment and distribution conditions.
Notification grants tax exemption under section 10(23) to the Tamil Nadu Tennis Association, Madras for the specified assessment years, subject to conditions: income must be applied or accumulated exclusively to the association's objects per section 11 rules; funds (other than certain tangible voluntary contributions) may be invested only in modes permitted by section 11(5); income cannot be distributed to members except as grants to affiliated bodies; and business profits are excluded unless incidental to objectives and accounted for in separate books.

Exemption under section 10(23) granted to Aero Club of India, subject to income application, investment and accounting conditions.
The Central Government notifies the Aero Club of India as eligible for tax exemption under clause (23) of section 10 for assessment years 1996-97 to 1998-99, conditional on application or accumulation of income solely to its objects per section 11 (as modified), restricted investments to modes permitted by section 11(5) except certain notified tangible voluntary contributions, prohibition on distributing income to members except grants to affiliated bodies, and exclusion of business profits unless incidental and separately accounted.

Tariff amendment removes the "not manufactured in India" manufacturing condition, altering duty/exemption applicability for specified goods.
Central Government deletes the words "and is not manufactured in India" from condition number 64(c) in the Annexure to the earlier tariff notification, thereby removing that manufacturing-based limitation as a prerequisite for the specified duty/exemption treatment applicable to goods of Chapters 1 to 99.

Rescission of anti-dumping notification withdraws prior measures on calcium carbide under customs tariff authority.
The Central Government rescinds Notification No. 71/98-Customs concerning anti-dumping measures on calcium carbide originating in or exported from China and Romania, withdrawing the earlier notification published in the Gazette under powers conferred by sub-section (2) of section 9A of the Customs Tariff Act, 1975 read with rule 13 of the 1995 anti-dumping rules.

Anti-dumping duty on calcium carbide from China and Romania enforced, with final rates applied retroactively to the provisional levy.
Final imposition of an anti-dumping duty on calcium carbide from China and Romania is made pursuant to Designated Authority findings of dumping, material injury and causation; the Central Government, under section 9A and rules 18 and 20 of the 1995 Rules, specifies final duty rates per metric tonne and directs that the duty be levied effective from the date of provisional imposition.

Customs airport appointment expands specified port functions to include unloading of imports and loading of exports at Borjhar (Guwahati).
The Central Government, under clause (a) of section 7 of the Customs Act, 1962, by Notification No. 20/99-Cus. (N.T.), inserts serial No. 2A into Notification No. 61/94-Customs (N.T.), designating Borjhar (Guwahati) as a specified customs airport authorised for the unloading of imported goods and the loading of export goods, or any class of such goods.

Specified Taxable MTNL Bonds designated under section 80L are notified with series and issuance details for tax treatment.
Central Government specifies three series of taxable secured redeemable non convertible bonds, identifying distinctive number ranges, face values and aggregate issue sizes for each series, and designating those instruments for the purposes of the relevant provision of the Income tax Act to determine their tax treatment.

Tax-free NABARD bonds entitlement requires holder registration with the issuing bank to secure the tax exemption under the provision.
Specification of tax-free bonds under the Income-tax Act designates seven-year 9% NABARD Tax-free Bonds (I-Series) issued in fixed denomination and distinctive serial numbers for exemption purposes, and makes admissibility of the tax benefit expressly conditional on each holder registering their name and details of holding with the issuing bank.

Tax-free energy bonds under income tax require holder registration to obtain the exemption under the specified provision.
Specification confers tax-exempt status on a designated series of Indian Renewable Energy Development Agency energy bonds under item (h) of sub-clause (iv) of clause (15) of section 10, identifying series and distinctive numbers and conditioning the tax benefit on each holder registering name and holding with the issuer corporation.

Tax-free Bond Specification requires holder registration to obtain tax exemption on specified secured redeemable bonds.
Specification designates a seven-year secured redeemable bond series issued by Power Finance Corporation Limited as eligible for tax exemption under the cited income-tax item, identifying the series by denomination and distinctive serial numbers; the exemption is conditional upon the holder registering their name and holding with the issuing corporation.

Tax-exempt bonds under income-tax provision specified; issuance parameters set and holder registration required to claim benefit.
Government specifies 7-year 8.75% per annum tax-free bonds issued by Rural Electrification Corporation Limited, identifying series, two denomination tranches with distinctive number ranges and aggregate issue amount; the tax exemption is subject to the condition that holders register their name and holding with the issuing corporation to be eligible for the benefit.

Specified bonds under section 80L: secured redeemable non convertible bonds issued by Mahanagar Telephone Nigam Limited.
The Central Government, under clause (ii) of sub section (1) of section 80L, specifies the 15% (Taxable) Secured Redeemable Non convertible Bonds (13th Series) issued by Mahanagar Telephone Nigam Limited as specified securities, recording the distinctive serial range and aggregate issuance to give effect to the statutory provision.

Section 80L specification of IDBI Flexibond series bonds establishes eligible bond issues under the tax provision.
Central Government, under clause (ii) of sub section (1) of section 80L of the Income tax Act, specifies three categories of bonds issued by the Industrial Development Bank of India in its public Flexibond 3 series - Infrastructure Bonds, Growing Income Bonds, and Regular Income Bonds - by their distinctive number ranges and uniform face value, thereby designating those particular issues as within the scope of the cited clause for tax purposes.