Guarantee permissions for foreign airlines and IATA authorised on behalf of IATA approved travel agents clarified by amendment.
Amendment permits issuance of guarantees in favour of foreign airlines and the International Air Transport Association (IATA) on behalf of IATA approved travel agents, inserting an express proviso into the Foreign Exchange Management (Guarantees) Regulations, 2000 that clarifies guarantees may lawfully be given to secure obligations of IATA-approved travel agents.

Tax exemption notification: Foundation Aga Khan recognised subject to exclusive income application, prescribed investments, return filing, and dissolution rules.
Notification recognises Foundation Aga Khan, New Delhi under Section 10(23C)(iv) for specified assessment years subject to conditions: apply income wholly and exclusively to objects or accumulate for that purpose; restrict investments to forms allowed for charitable trusts (with limited exceptions for voluntary contributions in kind); exclude business income unless incidental and maintained in separate books; regularly file income-tax returns; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Export classification: bone and horn handicrafts excluded from animal origin entries when finished and not for consumption.
The amendment to Schedule 2 inserts Export Licensing Note No.1 in Chapter 5 clarifying that bone and horn handicrafts exported as finished products, not for further processing and not intended for human or animal consumption, are not covered by the entries at S.No. 35 and 36 of that Chapter.

Import licensing amendment under Montreal Protocol updates party categorizations, affecting import controls for ozone depleting substances.
Amendment to Appendix IV of Schedule 1 to the ITC (HS) Classifications revises the list of Parties to the Montreal Protocol, categorising States as operating under Article 5(1), temporarily under Article 5(1), or under Article 2, to govern import licensing and regulatory classification of ozone depleting substances under Chapter 29 of the ITC (HS).

Customs duty amendment adds importer-specific entry imposing differential duty on imported autoconers to the notification schedule.
Amendment to Notification No. 12/99 Customs (NT) inserts a new Annexure entry, by exercise of Section 28A of the Customs Act, authorising the addition of a named importer and the specified number of imported autoconers with a prescribed differential duty payable, thus updating the notification schedule after S. No. 15.

Anti-dumping duty rescission on polyester staple fibres after findings of lack of sustainable material injury.
The Central Government rescinded the final anti-dumping notification imposing duties on certain Polyester Staple Fibres from Korea, Malaysia, Taiwan and Thailand after the Appellate Tribunal found the designated authority's findings on material injury and threat of injury unsustainable and the designated authority issued a corrigendum recommending withdrawal, exercising powers under the Customs Tariff Act and relevant anti-dumping rules.

Avoidance of double taxation treaty allocates taxing rights and mandates credit relief to prevent fiscal double taxation.
Convention creates a bilateral framework allocating taxing rights between India and Uganda for various income categories, defines residency and permanent establishment rules, prescribes withholding limits for dividends, interest, royalties and technical fees, and requires each State to eliminate double taxation by allowing a credit or deduction for tax paid in the other State, subject to limitations tied to income attributable to the source State.

Avoidance of double taxation establishes allocation of taxing rights and limited source-state withholding on dividends, interest and royalties.
Bilateral Agreement implements rules for allocation of taxing rights between India and Malaysia, defines residency and permanent establishment, specifies source state taxing rights for immovable property, business profits, shipping and transport, and prescribes limited source state withholding on dividends, interest, royalties and fees for technical services where the recipient is beneficial owner; it provides elimination of double taxation by credit/deduction, a Mutual Agreement Procedure for disputes, exchange of information with confidentiality safeguards, and rules on entry into force and termination.

Tax exemption specification: United News of India designated as news agency for specified assessment years, subject to regular return filing.
The Central Government specifies United News of India as a news agency set up in India solely for collection and distribution of news for the purposes of clause (22B) of section 10 of the Income-tax Act for the assessment years specified in the notification, and conditions that status on the assessee's regular filing of income-tax returns in accordance with the Act.

Newsprint supply control secures equitable distribution by empowering requisition and mandatory reporting obligations for dealers and consumers.
The order regulates newsprint supply by defining covered paper types and actors, empowering an authorised officer to requisition stocks or restrict sales to secure equitable distribution, and obliging dealers and consumers to maintain and submit stock and transaction accounts. The authorised officer can call for information and order production of records to ensure compliance. Limited exemptions apply for small transactions, reject newsprint, short-term loans between consumers (with intimation), and waste newsprint, and additional mills may be notified for inclusion in the Schedule.

Rescission of newsprint control order under essential commodities law removes prior regulatory controls with immediate effect.
The Central Government, exercising powers under the Essential Commodities Act, rescinds the Newsprint Control Order, 1962, with immediate effect, terminating its regulatory controls, subject to a savings clause preserving actions taken or omitted under that Order before rescission.

Amendment to central excise notification updates the schedule reference to the Newsprint Control Order, 2004.
The amendment replaces the citation "Schedule I of the Newsprint Control Order, 1962" in Notification No. 23/98-Central Excise with the "Schedule of the Newsprint Control Order, 2004" under the authority of Note 3 to Chapter 48 of the First Schedule to the Central Excise Tariff Act, 1985, thereby updating the schedule reference in the principal notification.

Cost accounting records requirement now applies to milk food manufacturers, defining infant milk food and milk food compositions.
Amendment clarifies that the rules apply to companies producing, processing or manufacturing Infant Milk Food and Milk Food, excluding Small Scale Industrial Units, and replaces definitions: "Infant Milk Food" covers milk foods for routine, complementary or supplementary feeding of infants and children up to five years and modified milk foods for gastro intestinal treatment; "Milk Food" is defined by composition including milk derivatives, malted cereals or cereal flours, flavouring agents, minerals, vitamins, cocoa and sweeteners.

Tax exemption for NABARD bonds replaced by specification of dematerialised bonds; tax benefit subject to holder registration.
Central Government rescinds Notification S.O. 1347(E) and specifies NABARD Tax Free Bonds in dematerialised form issued during the stated financial years by series, allotment and maturity dates, interest rates, amounts and ISINs, while preserving acts done before rescission; tax benefit under the cited provision is admissible only if the bondholder registers his name and holding with NABARD.

Anti-dumping duty on propylene glycol from specified countries; rates set per tonne and payable in domestic currency.
Definitive anti-dumping duties are imposed on Propylene Glycol (tariff item 2905 32 00) from specified countries based on benchmark values per metric tonne set in the notification table; duties equal the difference between those benchmarks and the landed value of imports. Duties must be paid in Indian currency. "Landed value" follows assessable value rules under the Customs Act (excluding certain duties). The applicable exchange rate is the Ministry of Finance notified rate on the bill of entry date. The notification delineates origin, exporter and producer entries affecting applicable benchmark rates.

Anti-dumping duty on Poly Vinyl Chloride Paste Resin imposed against EU imports, payable in domestic currency under specified valuation rules.
Imposition of definitive anti-dumping duty on Poly Vinyl Chloride Paste Resin (tariff item 3904 21 10) from the European Union, set as the difference between a specified US dollar amount per metric tonne and the landed value of imports. The duty applies as detailed in the Table to goods produced, exported and imported as specified, is payable in Indian currency, and uses the Ministry of Finance exchange rate on the bill of entry date; "landed value" is the assessable value under the Customs Act excluding certain specified tariff duties.

Service tax amendment clarifies taxable persons by replacing corporate phrasing to include commercial concerns and financial companies.
The corrigendum revises specific wording in the service tax notification: replacing "by any body corporate or commercial concern" with "by a commercial concern," and altering two occurrences of "financial company" to "financial company or any other body corporate," thereby clarifying the descriptors for commercial concerns, financial companies and other bodies corporate within the notification.

Rescission of Nidhi declaration based on inspection and regulatory information removes company's Nidhi status upon notification.
Central Government rescinded the declaration that M/s. Singh Mutual Benefit Company Limited was a Nidhi, based on an inspection report and Reserve Bank information establishing the company does not function as a Nidhi; the rescission takes effect from the date of publication and withdraws the earlier government notification declaring it a Nidhi.

Online filing for salaried taxpayers with PAN requires digital signature, validation and an online acknowledgement deemed as filing date.
Salaried individuals with PAN assessed in listed cities may opt to file original and revised returns electronically under section 139(1B). Filers must register on the designated website, use authorised return-preparation software, sign returns and enclosures with an authorised digital signature, provide bank details for refunds and attach digitally signed TDS certificates. Automated validation checks (PAN entry, digital signature validity, TDS declaration and credit) must pass before an online acknowledgement is issued; the acknowledgement generation date is deemed the filing date. Internet returns are to be processed on priority and refunds credited via ECS or sent directly.

Electronic filing of income tax returns via authorised intermediaries with specified technical, security and procedural conditions.
Scheme enabling eligible taxpayers in specified cities to submit electronically transmitted returns through authorised e-Return intermediaries, subject to verification by a paper return filed with the Assessing Officer within fifteen days; establishes definitions, appointment and qualification criteria for intermediaries (including technical, security and digital signature requirements), application and due-diligence procedures, provisional receipt and error-correction workflows, archival and confidentiality obligations, priority processing and refund mechanisms, and governance by an e-Return Administrator and Monitoring Committee.