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of <h1>Finance Bill 2018 Amendment: Section 23JA Updated to Credit Settlement Amounts to Consolidated Fund of India</h1> Clause 152 of the Finance Bill, 2018, proposes an amendment to section 23JA of the Securities Contracts (Regulation) Act, 1956. The amendment introduces a new sub-section (5), specifying that all settlement amounts, except for disgorgement amounts and legal costs, collected under the Act should be credited to the Consolidated Fund of India.
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