Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
SEBI has revised the requirement for mandatory settlement of client funds who have not traded in the last 30 calendar days. Such clients' entire credit balance shall now be returned by the Trading Member on the upcoming settlement dates of the monthly running account settlement cycle as notified by Exchanges, instead of within three working days after 30 days of inactivity. However, if the client trades before the upcoming monthly settlement, the settlement shall continue as per the client's preference for quarterly/monthly cycle. The provisions are effective immediately to facilitate ease of doing business while safeguarding investor interests.
SEBI has revised the requirement for mandatory settlement of client funds who have not traded in the last 30 calendar days. Such clients' entire credit balance shall now be returned by the Trading Member on the upcoming settlement dates of the monthly running account settlement cycle as notified by Exchanges, instead of within three working days after 30 days of inactivity. However, if the client trades before the upcoming monthly settlement, the settlement shall continue as per the client's preference for quarterly/monthly cycle. The provisions are effective immediately to facilitate ease of doing business while safeguarding investor interests.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
