Securities Lending Scheme now effective; establishes applicability under direct taxes and governs securities lending operations. Securities Lending Scheme, 1997 is declared applicable under Direct Taxes, with Paragraph 2 specifying the scheme's commencement and the date on which it ... Summary
Securities Lending Scheme now effective; establishes applicability under direct taxes and governs securities lending operations.
Securities Lending Scheme, 1997 is declared applicable under Direct Taxes, with Paragraph 2 specifying the scheme's commencement and the date on which it becomes enforceable, thereby fixing when its procedural and compliance requirements for securities lending begin to apply.
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