Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
SEBI has issued a Master Circular dated August 04, 2023, revising guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) for stock exchanges with a commodity derivatives segment. Previous circulars have been rescinded. The new guidelines, effective June 01, 2024, include detailed provisions on the constitution, management, and utilization of IPF and ISF. Exchanges must amend their bye-laws, rules, and regulations accordingly and inform SEBI of their implementation status. This Circular is issued u/s 11(1) of the SEBI Act, 1992, to protect investors and regulate the securities market.
SEBI has issued a Master Circular dated August 04, 2023, revising guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) for stock exchanges with a commodity derivatives segment. Previous circulars have been rescinded. The new guidelines, effective June 01, 2024, include detailed provisions on the constitution, management, and utilization of IPF and ISF. Exchanges must amend their bye-laws, rules, and regulations accordingly and inform SEBI of their implementation status. This Circular is issued u/s 11(1) of the SEBI Act, 1992, to protect investors and regulate the securities market.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
