Disciplinary proceedings now governed by Inspection and Investigation Regulations, aligning IPA discipline with investigation procedure.
Disciplinary proceedings shall be conducted in accordance with the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017, by virtue of the substitution of regulation 8 in the Insolvency Professional Agencies Regulations, 2016; the Amendment takes effect on publication in the Official Gazette.

Disclosure obligations require insolvency professionals to report relationships and ensure arm's length appointments; billing and compliance duties strengthened.
The amendments require insolvency professionals to disclose relationships with corporate debtors, other professionals, financial creditors, interim finance providers and prospective resolution applicants to their professional agency within prescribed short timelines; corresponding disclosures by other professionals are required. Relationship is defined by revenue dependency, formal positions, specified relative connections and entity level analogues with a three year lookback. Professionals must confirm arm's length appointments, include identification and registration details in stakeholder communications, bill and receive fees through banking channels, exercise due care to ensure legal compliance by the corporate person, and may not include losses or penalties from the corporate person's non compliance in process costs.

One Time Settlement Scheme extension sets revised deadlines for legacy tax dispute applications, arrear scrutiny, settlement letters and payment.
The Telangana One Time Settlement Scheme, 2022, for settling disputed tax under legacy Acts received an extended timetable. Applications could be filed up to 31 July 2022; scrutiny, arrear confirmation and intimation were to be completed up to 15 August 2022; and taxpayers were required to submit settlement letters and pay the agreed amount up to 31 August 2022. Further necessary action was assigned to the Commissioner of Commercial Taxes.

Special composition scheme for brick kilns expanded to include additional brick and tile classifications under Assam GST.
Special composition scheme for brick kilns is extended by amending the earlier Assam State tax notification to insert additional tariff entries in the table. The amendment adds fly ash bricks or fly ash aggregate with 90 per cent or more fly ash content, fly ash blocks, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles within the specified classification list for the scheme. The notification is issued under the Assam Goods and Services Tax Act, 2017 on the recommendation of the Council and is stated to take effect retrospectively from 1 April 2022.

Input tax credit restrictions govern concessional state tax on specified bricks, blocks and tiles under the Assam GST notification.
Concessional state tax at 3% is prescribed for specified intra-state supplies of bricks, blocks and tiles, including fly ash bricks, fossil meal bricks, building bricks and earthen or roofing tiles, subject to conditions that no input tax credit is taken on goods or services used exclusively for such supplies and that proportionate credit is reversed where inputs or services are used partly for such supplies and partly for other eligible supplies.

Extension of time-limit for revocation of cancelled GST registration extended to 30 September 2021 for affected applicants.
The state notification extends the time-limit to apply for revocation of cancellation of registration where cancellation occurred under section 29(2) clause (b) or (c) and the original revocation window fell between 1 March 2020 and 31 August 2021, by allowing such applications to be filed up to 30 September 2021; the notification is deemed effective from 29 August 2021.

Extension of GST late-fee amnesty scheme extended for additional period to permit continued relief for taxpayers.
The Governor of Assam amends Notification No. FTX.56/2017/Pt-I/187 to substitute "31st day of August, 2021" with "30th day of November, 2021" in the ninth and tenth provisos, thereby extending the GSTR-3B late fee amnesty period; the notification is deemed to have come into force from the 29th day of August, 2021.

GST rule amendment extends compliance timelines and relaxes filing restrictions for certain return windows.
Assam amends GST Rules to extend a deadline in Rule 26 to the end of October and omit provisos from November; inserts a proviso in Rule 138E excluding the restriction for a May-August period where returns (Form GSTR 3B, Form GSTR 1, Form GST CMP 08) were not filed for March-May; and revises Form GST ASMT 14 to add an order reference and date, remove a phrase about conducting business without registration, and insert an "Address" field after "Designation".

GST notification amendment updates taxable goods list by adding specific brick and tile classifications, altering applicability.
The Governor, under the Assam Goods and Services Tax Act, 2017, amends Notification No. FTX.56/2017/Pt-II/209 by inserting new table entries for specified brick and tile goods: fly ash bricks or fly ash aggregate with ninety percent or more fly ash content and fly ash blocks; bricks of fossil meals or similar siliceous earths (6901 00 10); building bricks (6904 10 00); and earthen or roofing tiles (6905 10 00). The amendment is deemed effective from the first day of April, 2022.

Pecuniary jurisdiction revised: lower-tier officers handle smaller turnovers; higher-tier officers handle larger turnovers for GST assessments.
The order revises pecuniary jurisdiction: Assistant Commissioner of State Tax will have jurisdiction to issue show-cause notices and assessment orders for taxable persons within the lower turnover bracket in the State, while Joint/Deputy Commissioner of State Tax will have jurisdiction for taxable persons in the higher turnover bracket, for purposes of assessment and determination of tax under sections 73 and 74; the order supersedes the prior office order.

Corrigendum to tax notification corrects departmental designations and technical unit references to align official entries.
Corrigendum amends the Schedule of an income-tax notification by revising official designations and technical unit identifiers: the Principal Chief Commissioner designation is restated to include Tamil Nadu & Puducherry (Chennai); multiple items formerly assigned to higher-numbered Technical Units are read as Technical Unit-1 in their respective locations; and the Hindi column wording is changed to substitute the equivalent of "Principal Commissioner of Income-tax."

Late fee waiver for delayed FORM GSTR-4 filings under section 47, covering the May-June 2022 filing window.
The notification amends Notification No. 73/2017-State Tax by inserting a proviso that the late fee payable for delay in furnishing FORM GSTR-4 for the financial year 2021-22 under section 47 shall be waived for the period from 1 May 2022 to 30 June 2022.

Extension of customs exemption period for raw cotton: deadline moved from end of September to end of October.
The Central Government, invoking powers under sub section (1) of section 25 of the Customs Act, 1962 and section 124 of the Finance Act, 2021, amends Notification No. 21/2022 Customs by substituting the date specified in paragraph 2, thereby extending the period during which the tariff exemption for raw cotton remains available; the amendment is made as necessary in the public interest and does not alter other terms of the original notification.

Import policy amendment: potatoes from Bhutan allowed without import licence, extending the licence-exemption period.
Importation of fresh or chilled potatoes under ITC (HS) code 07019000 from Bhutan is permitted without an import licence, the licence-exemption period having been extended to 30th June 2023 by amendment to the Schedule I (Import Policy) entry for Chapter 07 of the ITC (HS).

Ethanol blended petrol duty exemption expanded to specified blends; high speed diesel with biodiesel blends included under exemption.
The notification inserts two nil duty entries for ethanol blended petrol blends that require specified volume composition of motor spirit and ethanol and conformity with BIS IS 17586, replaces the diesel blending entry with a formulation based description covering high speed diesel blended with bio diesel up to a defined proportion by volume requiring excise duties on diesel and applicable central/state/union territory/integrated tax on bio diesel, and updates the explanatory cross reference to include the new entries.

GST rate notification amendment revises schedules for building materials, including fly ash bricks, and applies from 1 April 2022.
Amends the Assam GST rate notification under section 9(1) of the Assam Goods and Services Tax Act, 2017 by omitting specified entries from Schedule I-2.5% and inserting new entries in Schedule II-6% for fly ash bricks or fly ash aggregate with 90 per cent or more fly ash content, fly ash blocks, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles. The amendment is deemed to have come into force on 1 April 2022.

Interest waiver for electronic commerce operators: nil interest where GSTR statements were delayed due to portal technical glitch.
Notification designates interest as Nil for specified electronic commerce operators who, due to a portal technical glitch, failed to file FORM GSTR-8 by the due date but had deposited the tax collected in the electronic cash ledger; relief applies from the date of deposit until the date of filing the statement.

Foreign contribution compounding framework specifies competent officers, offence-wise penalties, and filing of applications for compounding.
Specifies the officers competent to compound offences under the Foreign Contribution (Regulation) Act before institution of prosecution, in supersession of the earlier compounding notification, while preserving actions already done or omitted under the superseded instrument. The Director or Deputy Secretary in charge of administration is designated as the compounding authority for the offences listed in the table. The notification prescribes compounding amounts for a range of contraventions involving acceptance, transfer, utilisation, accounting, intimation, and disclosure of foreign contribution.

Finance company registration aligns licensing, capital, permitted activities, and compliance requirements across core and non-core financial services.
Registration is required where an entity intends to undertake permissible activities not covered by its existing registration or authorisation, while fresh registration is not required for the same already authorised permissible activity. Finance Companies and Finance Units must satisfy applicable establishment, home-regulator, and minimum owned-fund conditions. Core activities include lending, investment, derivatives, factoring, financial leasing, and treasury activities; non-core activities include merchant banking, advisory, portfolio management, operating leases, product distribution, and specified support services. Non-core-only entities may make liquidity and balance-sheet management investments without those investments becoming core activities.

Foreign contribution regulation amendments expand thresholds, extend compliance timelines and permit electronic submissions.
The amendment raises the monetary threshold for a specified regulatory trigger, extends multiple statutory time periods for responses and notices, omits one clause of Rule 13, and replaces the "on a plain paper" submission requirement with an enabling provision permitting submissions in forms and manners, including electronic form, as specified by the Central Government.