Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
This notification amends the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, by inserting a new Chapter VIA titled "Restriction in Dealing with Unregulated Entities". The key provisions are: No recognized stock exchange, clearing corporation or their agents shall have direct or indirect association with persons providing investment advice, recommendations or making performance claims related to securities, unless permitted by SEBI. However, this restriction does not apply to associations through specified digital platforms with mechanisms to prevent unauthorized activities. SEBI can take action, including under Regulation 49, for violations. The notification defines the terms "association" and "specified digital platform" and clarifies that investor education activities are excluded from the purview of these restrictions.
This notification amends the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, by inserting a new Chapter VIA titled "Restriction in Dealing with Unregulated Entities". The key provisions are: No recognized stock exchange, clearing corporation or their agents shall have direct or indirect association with persons providing investment advice, recommendations or making performance claims related to securities, unless permitted by SEBI. However, this restriction does not apply to associations through specified digital platforms with mechanisms to prevent unauthorized activities. SEBI can take action, including under Regulation 49, for violations. The notification defines the terms "association" and "specified digital platform" and clarifies that investor education activities are excluded from the purview of these restrictions.
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