TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates Settlement Process for Inactive Trading Accounts to Align with Monthly Settlement Dates.</h1> The Securities and Exchange Board of India (SEBI) has revised the settlement process for clients who have not traded in the last 30 days. Previously, stock brokers were required to settle such accounts within three working days, leading to inefficiencies. Now, these accounts will be settled on the upcoming monthly settlement dates as specified by stock exchanges. If a client trades after 30 days but before the next settlement date, the settlement will follow the client's preferred quarterly or monthly cycle. This change aims to streamline operations and protect investor interests. The provisions are effective immediately, and stock exchanges must update their regulations accordingly.
TaxTMI 
TaxTMI 
