Approval Committee for SEZ engineering sector constituted outlining membership, ex officio representation, and developer special invitee.
Constitution of an Approval Committee for an engineering Special Economic Zone at SIPCOT Perundurai, chaired by the Development Commissioner with primarily ex officio members from central and state agencies and the developer as a special invitee; specifies that a Joint Development Commissioner may represent the chair in his absence.

Special Economic Zone designation for engineering at SIPCOT Perundurai establishes notified SEZ area and regulatory framework.
Central Government notifies a sector specific Special Economic Zone for the engineering sector at SIPCOT Growth Centre, Perundurai Village, Erode District, Tamil Nadu, developed by M/s. State Industries Promotion Corporation of Tamil Nadu Limited; having satisfied Section 3 requirements and granted a letter of approval, it designates identified survey numbers comprising 105.44.5 hectares as an SEZ, constitutes an Approval Committee to oversee approvals, and declares the development to be deemed an Inland Container Depot for Customs Act purposes.

Approval Committee for IT/ITES SEZ constituted by central government, specifying ex officio members and developer special invitee.
An Approval Committee is constituted under sub section (1) of Section 13 of the Special Economic Zones Act, 2005 for the IT and ITES SEZ developed by M/s. Zeus Infrastructure Private Limited, naming the Development Commissioner as Chairperson, specifying central and state ex officio members from commerce, foreign trade, customs/central excise, income tax, finance (banking), state industry departments, and including the developer's representative as a special invitee.

Deeming of SEZ as Inland Container Depot under Customs Act establishes ICD status from the appointed commencement date.
The Central Government designates 23 April 2007 as the operative date for the information technology and information technology enabled services Special Economic Zone developed by M/s. Zeus Infrastructure Private Limited at Mulund (Taluka Kurla) and Kopri (Taluka Thane), Maharashtra, and by statutory deeming under the SEZ Act the zone is treated as an Inland Container Depot under the Customs Act for the purposes of Section 7.

Special Economic Zone designation for IT and ITES notifies Mulund and Kopri area under the SEZ Act.
Central Government, exercising powers under Section 4(1) of the SEZ Act and rule 8 of the SEZ Rules, 2006, notifies specified survey and CTS parcels at Village Mulund (Taluka Kurla) and Village Kopri (Taluka Thane) in Maharashtra as a sector specific Special Economic Zone for information technology and IT enabled services, following satisfaction of Section 3 requirements and issuance of a letter of approval for development, operation and maintenance.

Customs exemption for passenger train spares from Bangladesh via specified route requires bilateral agreement and certification.
Exemption from customs duty applies to passenger trains and their spares and components imported from Bangladesh via the Dhaka-Darsana-Gede-Kolkata route, covering duties under the Customs Tariff Act and additional duty under section 3, provided imports are under the India-Bangladesh passenger train agreement and a certificate from the Divisional Railway Manager, Sealdah Division, is produced to the Assistant Commissioner of Customs confirming the goods are uncommon and intended for maintenance of the coaches.

Deeming of SEZ as Inland Container Depot extends Customs Act applicability from the appointed commencement date.
Central Government appoints an effective date for the SEZ for Information Technology and IT enabled services at Solankurini Village by M/s. Rudradev Township Private Limited, and from that date the SEZ is deemed to be an Inland Container Depot under the Customs Act, 1962, bringing the SEZ within the customs regulatory framework by ministerial notification.

Approval Committee constituted for IT and ITES SEZ development, prescribing ex officio membership and developer representation.
Constitution of an Approval Committee under Section 13(1) of the Special Economic Zones Act to oversee IT and ITES development at the specified Tamil Nadu SEZ by M/s. Rudradev Township Private Limited, listing ex officio senior officials as members, naming the developer as a special invitee, and providing that in the absence of the Development Commissioner the officer not below the rank of Joint Development Commissioner shall represent him.

Special Economic Zone designation for IT/ITES: specified survey parcels notified for development and operation under SEZ law.
Notification designates specified survey parcels at Solankurini village, Madurai Taluk as a sector specific Special Economic Zone for information technology and IT enabled services, pursuant to a letter of approval granted to M/s. Rudradev Township Private Limited under Section 3 of the Special Economic Zones Act, 2005. The Central Government, exercising powers under Section 4(1) of the Act and rule 8 of the SEZ Rules, 2006, lists the survey numbers and sub divisions comprising the notified area and records the aggregate land extent for development and operation of the SEZ.

Renewal of recognition: exchange granted one-year renewal under securities law for trading in contracts in securities, subject to conditions.
The Securities and Exchange Board of India granted renewal of recognition to Ludhiana Stock Exchange Limited under the Securities Contracts (Regulation) Act, having been satisfied the renewal served trade and public interest; the renewal authorises dealing in contracts in securities for a one-year period and is subject to conditions that may be prescribed or imposed.

National Advisory Committee on Accounting Standards constituted to advise the Central Government on accounting policies and standards adoption.
Constitutes the National Advisory Committee on Accounting Standards under Section 210A of the Companies Act, 1956 to advise the Central Government on formulation and adoption of accounting policies and standards; and specifies the committee's composition of named chairperson and members nominated from professional bodies, regulators, government and industry, with appointments effective from the date of publication in the Official Gazette.

Concessional import conditions: specified garment tariff lines now listed with full applied duty portion and a quantity cap.
The notification amends the concessional import regime by removing the Indian-origin fabric requirement, deleting condition (2)(ii), imposing a capped total import quantity for specified LIST 3 goods, and inserting S.Nos.3-212 of textile and apparel tariff entries in LIST 3 described as "All goods" with the portion of the applied duty set at 100%.

Approval under the charitable tax-exemption provision conditionally recognises Nakoda Pershwnath Tirth's exempt status from assessment year 2005-06.
Approves Shri Jain Shwetamber Nakoda Pershwnath Tirth, Mewanagar (Nakoda), Distt. Barmer (Rajasthan) for tax-exemption purposes under the relevant charitable provision of the Income-tax Act, effective for assessment year 2005-06 onwards, subject to the society's conformity with the statutory proviso and applicable Income-tax Rules as set out in the notification.

Customs duty exemption for Bangladesh apparel under SAFTA applies subject to origin proof and annual quantity limits.
Exemption from customs duty is granted for specified apparel and related goods imported from Bangladesh under SAFTA, covering listed tariff headings, subject to importer compliance with government procedure, annual quantitative limits on apparel, and satisfactory proof of Bangladeshi origin in accordance with the SAFTA Rules of Determination of Origin.

Anti-dumping duty extension on steel and fibre glass tapes from China maintained pending statutory review, notification period prolonged.
The Central Government amended the earlier notification imposing anti-dumping duty on steel and fibre glass tapes from the People's Republic of China by inserting a provision that the notification shall remain in force until a specified future date unless revoked earlier, thereby extending the duty pending completion of the statutory review initiated by the designated authority.

Newsprint control amendment adds an indigenous mill to the Schedule, altering registered manufacturers list for regulatory supply.
The Newsprint Control (Amendment) Order, 2008 amends the Schedule of the Newsprint Control Order, 2004 by adding S.No.82: M/s. Shree Krishna Paper Mills & Industries Limited, Keswana, Jaipur, Rajasthan, as an indigenous newsprint manufacturer; the amendment is made under statutory authority and takes effect on publication in the Official Gazette.

Renewal of recognition to a stock exchange on permanent basis under securities regulation, subject to prescribed conditions.
Renewal of recognition is granted to National Stock Exchange of India Limited under the Securities Contracts (Regulation) Act for continued operation as a recognised stock exchange, on a permanent basis, effective from the specified commencement date and subject to conditions that may be prescribed or imposed subsequently.

Special Economic Zone expansion: additional land at Vilankurichi included under SEZ Act powers, enabling IT/ITES development.
Notification adds an additional 10.84 hectares to the existing Vilankurichi IT/ITES Special Economic Zone by including survey parcels 437, 438, part of 439 and 440. The inclusion is made under the Central Government's statutory authority under the Special Economic Zones Act and Rules, on the basis that the developer's proposal met statutory preconditions and a prior letter of approval for development and operation had been granted.

Real estate mutual fund schemes: new regime sets eligibility, investment limits, valuation and disclosure obligations.
Amendments insert Chapter VIA establishing a regulatory framework for real estate mutual fund schemes, defining real estate assets and valuers, requiring close-ended listed schemes, setting eligibility and personnel requirements, prescribing investment concentration limits and prohibitions on sponsor-related real estate and inter-scheme transfers, mandating valuation at cost on acquisition and periodic fair-value revaluations under Schedule IXB with NAV computed daily, and imposing governance, disclosure, accounting and reporting obligations on asset managers and trustees.

Fixation of tariff values updated for specified imports, replacing the prior customs tariff-value table for valuation purposes.
The Board amends Notification No. 36/2001-Cus (N.T.) by substituting a revised tariff-value Table setting tariff values per metric tonne for specified headings - including crude palm oil, palmolein variants, crude soyabean oil, brass scrap, and poppy seeds - thereby updating the operative schedule for customs valuation and superseding the prior Table in the principal notification.