The government notified a settlement guarantee fund for income-tax exemption under Section 10(23EE). The benefit applies from AY 2024–25 onward, subject to statutory compliance.
The notification expands the list of designated Food Safety Officers, strengthening enforcement and monitoring of fortified rice standards.
The notification updates the IEPF Authority’s composition by appointing an RBI Executive Director as an ex-officio member. The key takeaway is the revised institutional representation within the Authority.
The rules require robust risk management, cybersecurity, record-keeping, and continuous surveillance to curb fraud and market abuse.
The government notifies a statutory industrial authority under section 10(46A) of the Income-tax Act. The ruling confirms eligibility while making compliance with the parent State Act a continuing condition.
The CBDT notified a statutory development authority for income-tax exemption under Section 10(46A), effective from AY 2025–26, subject to continued statutory functions.
The 2026 amendment introduces detailed metrological, technical, and safety standards for non-automated blood pressure devices. The key takeaway is mandatory compliance with precise accuracy limits, testing protocols, and durability requirements.
Entities may appoint the same principal officer for specified intermediary roles, while maintaining separate leadership for distribution businesses to ensure oversight.
The regulations replace the 2000 framework and restrict resident participation in guarantees involving non-residents, subject to defined permissions and exemptions. They also introduce enhanced reporting and compliance requirements.
The Central Government notified an urban development authority under section 10(46A) of the Income-tax Act. The exemption applies from AY 2024–25, subject to continued statutory status and specified functions.
