Extension of deadline: GST notification proviso date moved to 31st August under section 148.
Under powers of section 148 of the Maharashtra GST Act, the Government amends Notification No. 21/2019-State Tax by substituting the proviso date "31st day of July, 2019" with "31st day of August, 2019", thereby extending the deadline specified in that proviso.

Extension of filing deadline under GST notification shifts prescribed deadline to a later specified date.
The State Government, under the Odisha Goods and Services Tax framework, amends a prior Finance Department notification by substituting in paragraph 2 proviso the words indicating the deadline "31st day of July, 2019" with "31st day of August, 2019", thereby extending the prescribed compliance date; the amendment is issued as S.R.O.No.260/2019 by the Finance Department.

Extension of deadline for GST notification compliance: amendment moves the prescribed cutoff to a later date.
The State Government amends Notification No. 6/2019 State Tax by substituting the figures, letters and words "31st day of July, 2019" with "31st day of August, 2019" in the proviso to paragraph 2, thereby extending the prescribed cutoff in that notification.

Superior voting rights: SR equity shares allowed subject to lock in, disclosure, conversion and eligibility conditions for IPO issuers.
Defines SR equity shares as equity shares with superior voting rights and establishes conditions enabling issuers with promoter/founder held SR shares to offer only ordinary shares in a Main Board IPO: technology intensive business requirement; SR holders excluded from promoter net worth calculation for a specified threshold; SR shares issued only to executive promoters/founders and authorized by special resolution specifying size, voting ratio, dividend differentials, sunset provisions and parity matters; six month holding prior to RHP; voting ratio limited to whole numbers between 2:1 and 10:1; same face value; single SR class; SR shares equivalent to ordinary shares except for superior voting rights; SR shares subject to specified lock in, rights issue and bonus issue treatment; disclosure updates and eligibility for minimum promoters' contribution.

Special Rights equity shares: governance, voting limits and mandatory conversion rules clarified for listed entities.
Amendments require enhanced independent director representation where SR equity shares are outstanding: at least half the board, a wholly independent audit committee, two thirds composition for nomination and remuneration, stakeholders relationship and risk management committees. SR shares are economically at par with ordinary shares but face voting limitations, a cap on total SR voting rights post-listing, treatment as ordinary equity for specific matters, conversion to ordinary voting shares on the fifth anniversary with possible extension, and compulsory conversion upon enumerated corporate events.

Voting rights conversion exemption: conversion-driven voting increases do not trigger open offer obligations absent acquisition of control.
The amendment exempts increases in a shareholder's voting rights beyond takeover thresholds caused solely by conversion of superior voting shares into ordinary shares, absent acquisition of control, from the open offer obligation; expands the definition of encumbrance to cover restrictions on marketable title, pledge, lien, negative lien, non-disposal undertakings and any covenant or arrangement in the nature of encumbrance; and requires promoters to annually declare, within seven working days after year-end, to listed stock exchanges and the audit committee that no undisclosed encumbrances were created during the financial year.

Definition of shares expanded to include equity shares with superior voting rights in buy-back regulations.
The amendment inserts an explanation into regulation 3 of the Buy-Back Regulations clarifying that the term "shares" includes equity shares carrying superior voting rights, thereby extending the buy-back regime's definitional scope to cover such differentiated voting equity; the amendment is designated as the 2019 amendment and takes effect on publication in the Official Gazette.

Equity shares with superior voting rights now fall within the definition of shares for delisting regulations, expanding applicability.
The 2019 amendment inserts an explanation to regulation 3(1) clarifying that the term "shares" for the purposes of the Delisting Regulations expressly includes equity shares having superior voting rights, thereby bringing such share classes within the scope of the delisting regulatory framework upon commencement.

Renewal of recognition granted to a clearing corporation under securities regulations, subject to SEBI compliance conditions.
Renewal of recognition is granted to Multi Commodity Exchange Clearing Corporation Limited for a three-year period from late July 2019 to late July 2022 under Regulation 12 and the Securities Contracts (Regulation) Act, on the basis that renewal serves the interests of trade, the securities market and the public, and is expressly subject to compliance with conditions specified by SEBI now or in future.

Funding mechanism for defence and internal security to be examined by Commission; timeline for submission extended.
The presidential amendment extends the Commission's submission deadlines by substituting the previously specified dates with later ones and inserts a new paragraph requiring the Commission to examine whether a separate mechanism for funding defence and internal security should be established and, if so, how it could be operationalised.

Extension of filing deadline for FORM GST CMP-08 under section 148, shifting the last date for the quarter's composition return.
Under the authority of section 148 of the Nagaland Goods and Services Tax Act, 2017, the State Government amends a prior notification by substituting a later last date in the proviso for furnishing FORM GST CMP-08 for the April-June quarter, thereby extending the statutory filing deadline applicable to composition taxpayers.

Extension of CMP-08 filing deadline: Rajasthan extends last date for furnishing CMP-08 to 31st August.
The State Government, under section 148 of the Rajasthan Goods and Services Tax Act, 2017, amends the earlier notification to substitute the figures, letters and words in the proviso of paragraph 2 of that notification, thereby changing the last date for furnishing Form CMP-08 to the newly specified date.

Corrigendum corrects issuing authority wording by substituting the Central Board phrase with the Government in the notification.
Corrigendum directs that in Notification No.14/2017-Central Tax (English version) at page 2, line 3, the phrase "the Central Board of Excise and Customs" be read as "the Government," limited to a textual substitution in the published Gazette entry and recorded with publication particulars and signatory.

Correction to notification: replaces 'the Central Board of Excise and Customs' with 'the Government' in English text.
Corrigendum to Notification No. 02/2017-Central Tax (19 June 2017) substitutes, in the English version on page 22 line 3, the words "the Central Board of Excise and Customs" with "the Government," thereby correcting the designated authority reference in the published notification.

Extension of deadline: State GST notification amends the proviso to move the compliance date from July to August.
The State Government, acting on Council recommendations and under the authority of section 148 of the Chhattisgarh Goods and Services Tax Act, 2017, amends Notification No. 21/2019-State Tax by substituting the date specified in the proviso to paragraph 2, thereby extending the compliance deadline set by that notification.

Extension of Deadline: Meghalaya SGST notification replaces 31st July deadline with 31st August for compliance.
The Government of Meghalaya, under section 148 of the Meghalaya Goods and Services Tax Act, 2017, amends Notification No. 21/2019-State Tax by substituting in paragraph 2, proviso, the earlier prescribed deadline with a later deadline; this change is made by Notification No. 35/2019-State Tax (No. ERTS(T) 4/2019/318) dated 29 July 2019 and signed by the Commissioner & Secretary of the Excise, Registration, Taxation & Stamps Department.

Extension of GST CMP-08 deadline granted, substituting the earlier due date to allow later filing for the quarter.
The Government of Gujarat, under section 148 of the Gujarat Goods and Services Tax Act, 2017, issued Notification No. 35/2019-State Tax dated 29 July 2019 amending the proviso to paragraph 2 of an earlier finance department notification by substituting the previously specified last date with a new later date for filing FORM GST CMP-08 for the April-June 2019 quarter.

Extension of CMP 08 filing deadline permits later submission for the specified quarter by substituting the earlier cutoff.
Amends a prior GST notification by substituting the cutoff date in the proviso to paragraph 2 to extend the last date for furnishing Form GST CMP-08 for the April-June 2019 quarter; the change is made under the authority of section 148 of the Central Goods and Services Tax Act on the Council's recommendation and issues as Notification No. 35/2019-Central Tax, modifying the principal notification and its subsequent amendment.

Export deadline extension for Red Sanders wood requires DRI and state governments to finalise allocation modalities and complete pending exports.
The amendment directs responsible agencies to finalise modalities, including allocation of quantities to entities, and to complete the entire export process of the balance quantity of Red Sanders wood by 31st December, 2021, while other provisions of the earlier notifications remain unchanged.

Exemption from income-tax return filing for non-residents and foreign companies investing in IFSC funds where tax is deducted at source.
Exemption from furnishing an income-tax return is granted to non-residents (other than companies) and foreign companies with income from investments in IFSC-based funds, where the fund is a regulated Category I/II AIF or IFSC-regulated fund, tax on such income has been deducted at source by the investment fund and remitted, and the recipient has no other income necessitating return filing; the exemption does not apply where a statutory notice requiring filing has been issued.