Designation of Special Courts under tax law assigns specified magistrate courts jurisdiction over tax and black money offences in Kerala.
The Central Government, in consultation with the Chief Justice of the High Court of Kerala, designates specified magistrate courts in Kerala as Special Courts to exercise jurisdiction over offences under the Income-tax Act and the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, assigning each listed court to a corresponding territorial area for purposes of investigations and prosecutions under those statutes.

Research institution approval enables tax deduction eligibility for social science and statistical research for specified assessment years.
Central Government approved Sri Sharada Institute of Indian Management Research Foundation Trust, New Delhi (PAN: AAJTS0088H) as an other Institution in the category of University, College or other institution for research in social science and statistical research under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with the Income-tax Rules, with effect from publication and applicability to the specified assessment years; retrospective effect certified as not adversely affecting any person.

Special Court designation under income tax and black money laws allocates territorial jurisdictions for statutory prosecutions.
The Central Government, under section 280A of the Income tax Act, 1961 and section 84 of the Black Money Act, 2015, in consultation with the Chief Justice of the High Court of Allahabad, notifies designated magistrate courts in Uttar Pradesh as Special Courts and allocates territorial jurisdictions to those courts by a table listing each court and its covered districts for proceedings under those statutes.

Turnover threshold reduction alters composition scheme eligibility under state GST from higher to lower limit.
The notification amends the principal State GST notification by substituting the existing turnover benchmark with a lower turnover benchmark, effective from the stated commencement date, thereby changing the turnover-based eligibility for the specified simplified tax treatment under the principal notification.

Income-tax exemption under clause (48D): National Bank for Financing Infrastructure and Development notified for ten consecutive assessment years.
The Central Government notifies the National Bank for Financing Infrastructure and Development, constituted under the enabling Act of 2021, as covered by clause (48D) of section 10 for tax purposes for a period of ten consecutive assessment years beginning from the assessment year 2022-2023, with the notification effective from its publication in the Official Gazette.

Corrigendum: deletion of the phrase sub-section (5) of section 15 from a state GST notification, correcting the text.
Corrigendum deletes the phrase and sub-section (5) of section 15 from line 1 of the Government of Karnataka Notification dated 31 March 2022, thereby correcting the published text of that notification.

GST reclassification of masonry products reallocates specified bricks and tiles to a different tax schedule, changing applicable levy.
The State amends a prior notification to omit certain serial entries from the 2.5% Schedule and to insert specified entries for fly ash bricks, bricks of siliceous earths, building bricks, and earthen or roofing tiles into the 6% Schedule, thereby reclassifying those building materials for GST purposes and altering their schedule placement under the MP GST notification, effective as stated in the notification.

GST classification update adds fly ash bricks, building bricks and roofing tiles to the notified taxable goods list.
Amendment inserts four tariff items into the State GST notification identifying fly ash bricks and blocks, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles, each with specified tariff codes, and declares the amendment effective from the start of April 2022.

GST classification amendment inserts specific building material entries into the state notification, effective from the stated date.
The State amends a prior GST notification by inserting HSN-coded entries for specified building materials-fly ash bricks or fly ash aggregate with high fly ash content and fly ash blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles-into the Table of the earlier notification under the authority of the proviso to Section 10(1) of the Madhya Pradesh GST Act, 2017, and declares the amendment effective from 1 April 2022.

Concessional SGST rate for intra state brick supplies permitted where input tax credit is not availed, subject to reversal rules.
Grants a concessional State GST rate on specified intra state brick products provided no input tax credit is claimed for goods or services used exclusively for those supplies, and any partially attributable input tax credit is reversed as if the supplies were exempt under subsection (2) of section 17 and related rules. The relief applies only to the tariff items listed in the table and is subject to the annexed condition requiring ITC non availment or reversal.

Tariff value fixation for specified imported edible oils, metals, areca nut, gold and silver updated for customs valuation.
Amendment under section 14 of the Customs Act substitutes TABLE 1, TABLE 2 and TABLE 3 in the principal notification to fix US dollar tariff values for specified imports, listing commodity-specific benchmark values for edible oils, brass scrap, areca nut, and specified forms of gold and silver to govern customs assessment; the notification takes effect the day after publication.

Customs exemption on raw cotton: duty and agriculture cess waived during specified period under statutory powers.
Exempts imports of raw cotton under Chapter 5201 from customs duty and Agriculture Infrastructure and Development Cess to the extent those levies exceed amounts calculated at the specified standard rates, both of which are set at nil, under powers of section 25 of the Customs Act and section 124 of the Finance Act, 2021, for the period specified in the notification, with the expiry date later substituted by a subsequent notification.

SEZ de-notification reduces zone area following statutory procedure and developer undertaking for DTA conversion with required approvals.
Central Government, under the Special Economic Zones Act and Rules, de-notifies 2.89 hectares of the sector-specific SEZ at Chokkanahalli Taluka, reducing the notified area to 4.30 hectares. The de-notification follows the developer's proposal, State approval, and the Development Commissioner's recommendation, with a developer undertaking to convert the de-notified land into Domestic Tariff Area for industrial allotment; specific survey numbers and hectare amounts are specified.

Special Economic Zone de-notification reduces SEZ area, enabling land transfer for fisheries research and women's hostel.
Central Government de-notifies 4.4654 hectares from the sector-specific IT SEZ at Village Mulavana, Kollam, making the SEZ area 13.5346 hectares. The State entity proposed the de-notification, the State Government approved it, and the Development Commissioner recommended deletion. Out of the de-notified land, a major portion will be transferred to the State revenue department for allotment to the Fisheries Department for a research centre and the remainder will be used for a working women's hostel. The de-notification is issued under the Central Government's statutory powers and applicable SEZ Rules after satisfaction of legal prerequisites.

Foreign investment terms expanded for employee share schemes; new definitions and approval and sectoral compliance required.
Amendments permit issuance of employees' stock options, sweat equity and Share Based Employee Benefits to non-resident employees or directors subject to scheme compliance with SEBI/Companies Act or other law, adherence to sectoral caps, prior government approval where company is under approval route or recipients are citizens of specified countries, and mandatory non-repatriation holding for shares acquired by former residents.

Engagement of Experts and Young Professionals: amended qualification, categorisation, remuneration and confidentiality rules apply for contractual engagements.
Amendments substitute the term Experts and Young Professionals, revise Schedule I to set detailed essential and desirable qualifications and sectoral or academic experience for Economist and Law and add Financial Analysis and Forensic Audit classes; Schedule II establishes graded experience bands for Young Professionals and Experts; Schedule III prescribes lump sum monthly remuneration bands with annual increases and age limits; engagements are contractual for one to three years with possible two year extension; confidentiality, integrity certificates and criminal record undertakings are required.

Composition levy exclusion: specified brick products removed from composition eligibility under section 10, effective from notified commencement date.
Amendment inserts specific tariff entries into notification No. 380-F.T. to exclude certain brick and tile products-fly ash bricks or fly ash aggregate and fly ash blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles-from eligibility for the composition scheme under the proviso to sub section (1) of section 10, with the amendment effective from the notified commencement date.

GST registration threshold amended: fly ash and building bricks added to taxable goods list, effective from April first.
The West Bengal GST notification amends earlier Notification No. 378-F.T. by inserting specified commodity entries for brick and masonry goods-fly ash bricks or fly ash aggregate with ninety per cent or more fly ash content and fly ash blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles-thus bringing these items within the notification's registration-threshold framework; the amendment is made under section 23(2) and effective from 1st April, 2022.

Composition scheme for brick kilns limits state GST liability, conditional on strict input tax credit non-availability or reversal.
Exempts part of State GST on specified brick and tile tariff items by applying a special composition scheme with a reduced rate for intra-state supplies, subject to conditions. The main condition requires that input tax credit not be taken for inputs used exclusively in these supplies, and where credit was partly taken it must be reversed as if the supply were exempt, in accordance with the West Bengal GST Act and interpretive rules of the First Schedule to the Customs Tariff Act.

GST rate reclassification for brick products shifts specified brick and tile items from lower to higher taxable rate effective April
The notification amends the prior state GST schedule by removing certain entries from the lower-rate schedule and inserting specified HSN-coded brick and tile items into the higher-rate schedule, listing fly ash bricks or fly ash aggregate with 90% or more fly ash content; fly ash blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles as newly scheduled items, and declares the amendment effective from the stated commencement date.