Exemption under Section 35AC extended for specified leprosy hospital project, but not valid for funds collected in fiscal year 2007-08
The notification extends eligibility of "Supporting the Leprosy Mission Hospitals" by The Leprosy Mission Trust India for a further three-year period beginning with financial year 2007-08, without change to the approved project cost, pursuant to a recommendation by the National Committee; however, funds collected during financial year 2007-08 are not eligible and no certificate for donation exemption shall be issued for that year.

Tax exemption under section 35AC: eligible social welfare project extended for a further three-year period after committee recommendation.
The Central Government, exercising powers under the Explanation to section 35AC and on the recommendation of the National Committee, extends notification of the Chooravilla Joseph Development Foundation's project as an eligible project or scheme for a further three-year period beginning with the specified financial year, confirming continued execution and expressly maintaining the previously approved project cost and corpus fund without change.

Exemption under section 35AC extended to Dev Sanskriti project, permitting continued eligibility after committee recommendation.
The Central Government, in exercise of powers under sub section (1) read with clause (b) of the Explanation to section 35AC, notifies the Dev Sanskriti Vishwa Vidyalaya construction and Swavalammban health and education programme project by Shri Vedmata Gayatri Trust as an eligible scheme for a further three year period beginning with the specified financial year, without change in the approved project cost including the corpus fund, following the National Committee's recommendation under rule 11M(5).

Exemption under section 35AC: approval extended for specified charitable health services, with amended project cost and certification limits.
Extension of exemption under section 35AC is notified for the Karuna Trust project for three more years beginning with financial year 2007-08, with the notification amending the earlier maximum project cost to a higher revised amount; however, approval is not valid for funds collected in the already elapsed financial year 2007-08 and no certificate for exemption of donation under section 35AC(1) will be issued for that year.

Section 35AC exemption extended to Polio Hospital project, preserving approved cost and granting a further three-year eligibility period.
The Central Government notifies the 'Equipments and running of Polio Hospital at Ahmedabad, Gujarat' project by the named charitable trust as an eligible scheme under Section 35AC for a further three-year period beginning with financial year 2008-09, without change to the approved project cost, following the National Committee's recommendation that the project is being executed properly.

Exemption under section 35AC extended for a charitable training centre project; approval period and approved project cost amended.
The notification extends eligibility for income-tax exemption status for the residential training centre project run by Sahyog Kushthayagna Trust for a further three-year period beginning with the financial year 2007-08, while specifying that approvals are not retroactive for funds collected in the already elapsed 2007-08 year and no exemption certificates will be issued for that year; it also amends the earlier notification to increase the maximum approved project cost as recommended by the National Committee.

Section 35AC tax exemption extended for a nominated social health project following committee recommendation and renewal.
The Central Government, exercising powers under the Explanation to section 35AC, extends notification of the project "Equipments, running of Pain Relief Centre (SATSEVA)" by Care India Medical Society as an eligible project for a further three years beginning with the financial year 2008-09, following a recommendation by the National Committee for the Promotion of Social and Economic Welfare and confirming no change in the approved project cost and corpus fund.

Tax exemption under section 35AC extended for MatruSeva project after committee recommendation for a further three-year period.
The Central Government, invoking sub-section (1) read with clause (b) of the Explanation to section 35AC, notifies "Matruseva (Health maintenance program for women)" as an eligible project for a further three years beginning 2008-09 following the National Committee's recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962; the approved project cost remains unchanged.

Exemption under section 35AC extended for community dental health project, with a revised increase in the eligible project cost.
Central Government notifies a further three year extension beginning with financial year 2007 08 for the 'Community dental health care and awareness project at Districts covering Kancheepuram and Tiruvallore' by Baskar Dental Foundation under exemption under section 35AC, but states approval is not valid for funds collected during financial year 2007 08 and no certificate for donation exemption shall be issued for that year; the notification also increases the maximum allowable project cost in the relevant Table entry to Rs. 25.00 lakh.

Section 35AC exemption extended for Allana Foundation project; eligibility period prolonged and project cost ceiling increased.
Notification under section 35AC extends eligibility of Allana Foundation's Project Naya Jeevan for three additional years beginning with the specified financial year, based on the National Committee's recommendation, and increases the maximum allowable project cost by substituting the prior stated amount with a higher ceiling in the original notification's Table.

Exemption under section 35AC extended for Disabled Welfare Trust project for handicapped persons, preserving approved project cost.
Notification extends tax-exemption status under the provision corresponding to section 35AC for the 'Project for handicapped persons' by Disabled Welfare Trust of India, Surat, as an eligible project for a further three-year period beginning with financial year 2008-09, following the National Committee's recommendation that the scheme is being executed properly and without any change in the approved project cost.

Exemption under section 35AC extended for Maharaja Agrasen Hospital project but not valid for the elapsed financial year.
The Central Government extends designation of the 'Construction of Maharaja Agrasen Hospital at Agroha' as an eligible project or scheme for a further three years beginning with financial year 2007-08 without changing the approved cost of forty crore rupees, on the recommendation of the National Committee; however, because financial year 2007-08 has elapsed, the approval does not apply to funds collected in that year and no certificate for exemption of donations for that year will be issued.

Section 35AC exemption extended for Karuna Setu Trust project; project cost increased and prior fiscal receipts excluded.
The Central Government notifies an additional three year extension under Section 35AC for Karuna Setu Trust's Vadnagar hospital and welfare project and amends the maximum allowable project cost upward; however, the approval does not validate exemption certificates for donations collected during the already elapsed financial year 2007 08, so no Section 35AC(1) certificates will be issued for that year.

Exemption under section 35AC extended for SEWA Rural project allowing continued tax exempt support for rural development activities.
The Central Government extends exemption under section 35AC to SEWA Rural's "Integrated Rural Development through health and medical services" project at District Bharuch for a further three years beginning with financial year 2008-09, on the National Committee's recommendation, without any change to the approved cost of Rs. 518.50 lakh including a corpus fund of Rs. 100 lakh.

Tax exemption eligibility extended for a notified rehabilitation and welfare project, but not for funds collected in the elapsed year.
Extension of eligibility under section 35AC is granted for the 'Construction of dormitory-cum-library and running of rehabilitation/welfare programmes for disabled/blind persons at Bangalore' by Shri Ramana Maharishi Academy of the Blind for a further three years beginning with financial year 2007-08, at the same approved cost. The extension follows the National Committee's recommendation but does not validate exemption certificates or tax-exempt recognition for funds collected during the already elapsed financial year 2007-08.

Tax deduction under section 35AC: specified institutions' approved projects qualify for deductible project costs for limited approval periods.
The notification under the Explanation to section 35AC of the Income-tax Act approves listed institutions and specified projects as eligible for deduction, specifying estimated project costs and maximum deductible amounts (with separate caps for recurring expenses and capital acquisition where applicable). It also sets the period of approval for deductible treatment: the first project for two financial years and the remaining three projects for three financial years, and records later substitutions to certain corpus fund amounts.

Reduction in oil import duty: specified petroleum goods now attract reduced basic customs duty under amended notification.
Amendment to Notification No. 21/2002-Customs revises the table of exemptions and effective duty rates for petroleum goods: it omits several serial entries, substitutes revised duty entries for certain serial numbers, and inserts a new entry 77B covering tariff headings 2710-2715 imposing a reduced basic duty on all goods except those specifically listed elsewhere, thereby altering the schedule of exemptions and effective duty incidence under section 25(1) of the Customs Act, 1962.

Excise duty reduction for petrol and diesel: amended tariff entries and revised rates for branded and unbranded sales.
The Central Government, exercising powers under sub-section (1) of section 5A of the Central Excise Act, 1944, amends notification No. 4/2006-Central Excise by substituting Table entries for tariff items 2710 11 (motor spirit/petrol) and 2710 19 30 (High Speed Diesel). Each substitution creates two categories - intended for sale without a brand name and other than unbranded - and prescribes the revised effective rate of duty for each category, thereby altering the applicable excise rates and tariff entries for petrol and diesel.

Dispute Resolution Scheme grants a form based process for declaring tax arrears and obtaining final settlement with conditional immunity.
Prescribes the Dispute Resolution Scheme Rules, 2008: definitions, commencement, and procedural mechanics requiring declarations in Form 1 (duplicate, verified and signed) with detailed particulars of tax arrears and any writs or appeals; designated authorities acknowledge receipt and determine sums payable which must be paid in cash. Form 2 is issued by the designated authority to record full and final settlement after payment and, subject to the Scheme's provisions, grants immunity from penalty proceedings under the Finance Act, 1994.

Import policy for betel nuts now permits free imports where CIF value meets the prescribed per-kilogram threshold.
Amendment to Schedule I (Imports) of the ITC(HS) Classifications under FTP 2004-09 places betel nuts (whole, split, ground, other) under a Free import regime. Imports are permitted freely provided the CIF value per kilogram meets or exceeds the prescribed threshold specified in the notification.