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of <h1>Amendment to Section 23A: Penalties for False Information to Stock Exchanges Under Finance Bill, 2018 to Boost Accountability.</h1> Clause 146 of the Finance Bill, 2018 proposes an amendment to section 23A of the Securities Contracts (Regulation) Act, 1956. The amendment specifies that individuals who provide false, incorrect, or incomplete information, documents, books, returns, or reports to a recognized stock exchange will face penalties similar to those imposed for failing to furnish required information. This change aims to enhance accountability and ensure the accuracy of information submitted under the Act.
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