Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
This circular outlines SEBI's revised stress testing framework for determining the Minimum Required Corpus (MRC) of the Core Settlement Guarantee Fund (Core SGF) in the equity derivatives segment. Key aspects include introducing new stress testing methodologies like Stressed VaR, Filtered Historic Simulation, and Factor Model, in addition to existing hypothetical and historical scenarios. Clearing Corporations (CCs) are categorized into two groups based on market share for applying cover-n standards. Provisions allow one-time inter-segment transfer of funds from equity cash to derivatives segment and staggered contributions to meet additional MRC requirements. CCs must formulate joint Standard Operating Procedures and implement necessary systems for compliance within stipulated timelines.
This circular outlines SEBI's revised stress testing framework for determining the Minimum Required Corpus (MRC) of the Core Settlement Guarantee Fund (Core SGF) in the equity derivatives segment. Key aspects include introducing new stress testing methodologies like Stressed VaR, Filtered Historic Simulation, and Factor Model, in addition to existing hypothetical and historical scenarios. Clearing Corporations (CCs) are categorized into two groups based on market share for applying cover-n standards. Provisions allow one-time inter-segment transfer of funds from equity cash to derivatives segment and staggered contributions to meet additional MRC requirements. CCs must formulate joint Standard Operating Procedures and implement necessary systems for compliance within stipulated timelines.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
