Amendments to Integrated Tax Rates: FIFA U-17 World Cup and Public Distribution System
Central Government amends Integrated Tax (Rate) notification.
New entry for services related to FIFA U-17 World Cup events, with nil tax, subject to Ministry of Youth Affairs and Sports certification.
Addition of services by Fair Price Shops under Public Distribution System (PDS), with nil tax for sale of wheat, rice, and coarse grains to Central Government or State Governments.
Clarifications on insurance schemes: "Restructured Weather Based Crop Insurance Scheme (RWCIS)" replaces "Weather Based Crop Insurance Scheme" and "Pradhan Mantri Fasal BimaYojana (PMFBY)" replaces "National Agricultural Insurance Scheme (Rashtriya Krishi Bima Yojana)."
LLPs now considered as partnership firms or firms under the Integrated Tax Act.