Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Historical-scenario stress testing for commodity derivatives now caps extreme peak historical price movements at the level corresponding to a Z-score of 5, replacing the previous Z-score threshold of 10. The cap applies to maximum percentage price rises and falls over the applicable margin period of risk, using the mean and standard deviation of returns across the preceding 15 years for Z-score calculation. Recognised clearing corporations with commodity derivatives segments must apply the revised stress-testing parameter with immediate effect.
Historical-scenario stress testing for commodity derivatives now caps extreme peak historical price movements at the level corresponding to a Z-score of 5, replacing the previous Z-score threshold of 10. The cap applies to maximum percentage price rises and falls over the applicable margin period of risk, using the mean and standard deviation of returns across the preceding 15 years for Z-score calculation. Recognised clearing corporations with commodity derivatives segments must apply the revised stress-testing parameter with immediate effect.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
