Exemption from Tax Deduction on Lease Rent Paid to IFSC Ship Lessor Units
Central Board of Direct Taxes notified that no tax shall be deducted under Section 393(1) [Table S.No. 2] of the Income-tax Act, 2025, on payments of lease rent or supplemental lease rent made by a lessee to a lessor being a Unit of an International Financial Services Centre engaged in ship leasing, subject to conditions specified in the notification.
CG RERA Clarifies Promoter Categories & Project Registration SOP
The Circular states that registration with the Chhattisgarh Real Estate Regulatory Authority is compulsory for real estate projects where the land area exceeds 500 square meters or the project comprises more than eight units.
Amendment to BIS Rules, 2018 in Petroleum Products, Bitumen and Agarbatti Specifications
Bureau of Indian Standards notified amendments to six Indian Standards under Rule 15(1) of the Bureau of Indian Standards Rules, 2018, as set out in the Schedule annexed to the notification.
Interest Rate on Special Deposit Scheme for Non-Government Provident,Superannuation & Gratuity Funds
The notification relates to the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F.16(1)-PD/75 dated 30th June, 1975.
Extension of Validity of Jute Packaging Materials Order
The order amends the Order of the Government of India, Ministry of Textiles, published in the Gazette of India vide number S.O. 1830(E), dated 22nd April, 2025, issued in exercise of powers conferred by sub-section (1) of section 3 of the Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987 (10 of 1987).
Amendment to Notification on Transmission Asset Management Centres
The notification amends notification of the Government of India, Ministry of Power, number S.O. 5852(E), dated the 13th December, 2022, issued in exercise of powers conferred by sub-section (1) of section 70 of the Information Technology Act, 2000 (21 of 2000).
Fertiliser (Inorganic, Organic or Mixed) (Control) Seventh Amendment Order, 2026
The order is issued by the Ministry of Agriculture and Farmers Welfare in exercise of powers conferred by section 3 of the Essential Commodities Act, 1955 (10 of 1955), to further amend the Fertiliser (Inorganic, Organic or Mixed) (Control) Order, 1985.
No Tax Deduction on Lease Rent Payments to IFSC Aircraft Leasing Units under Income-tax Act, 2025
The notification is issued by the Central Board of Direct Taxes in exercise of powers conferred by section 400(1) read with section 147 of the Income-tax Act, 2025 (30 of 2025).
Mineral Exchange Rules, 2026
The notification is issued by the Ministry of Mines in exercise of powers conferred by section 18B of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957).
Rectification of QPR Proforma-II(B) for Real Estate Projects under Odisha RERA
A direction under section 37 of the Real Estate (Regulation and Development) Act, 2016 was earlier issued by the Authority vide Order/Letter No. 2667/ORERA dated 22.04.2026 for filing of Quarterly Progress Report (QPR) by promoters in the prescribed Proforma-I, Proforma-II(A) and Proforma-II(B). It has come to the notice of the Authority that certain inadvertent errors have occurred in Proforma-II(B), necessitating rectification of the said proforma.
