CBDT Notification 120/2025 grants income tax exemption to Greater Ludhiana Area Development Authority from AY 2024-25, per Section 10(46A) of the Income-tax Act.
IFSCA’s 2025 regulations outline procedures for making and reviewing regulations and subsidiary instructions, emphasizing public consultation, transparency, and regular review for financial services market.
Ministry of Finance’s new customs notification, dated July 19, 2025, omits S. No. 10A from a 1994 customs exemption table.
Finance Ministry exempts specified income of Andhra Pradesh Pollution Control Board from tax under Section 10(46). Applies from AY 2022-23 to 2026-27.
Finance Ministry exempts ICRISAT from TDS under Section 197A(1F) of Income Tax Act, effective from publication date. Exemption aligned with UN privileges.
Govt exempts customs duty on polo horses for army, police, and eligible civilian players under new rules effective 19 July 2025, with quantity and time limits.
RBI assigns State Bank of India as Lead Bank for Arunachal Pradesh’s newly formed Keyi Panyor and Bichom districts, effective July 18, 2025.
Finance Ministry updates special courts under Benami Act; Raipur and Jaipur court designations revised in July 2025 notification for effective adjudication.
CBDT notifies New Okhla Industrial Development Authority as exempt under Section 10(46A), effective from AY 2024–25, subject to compliance conditions.
DGFT issues correction to port restriction policy on imports from Bangladesh; updates HS Code from 530010 to 531010 for unbleached jute woven fabrics.
