Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
SEBI mandates Trading Members/Clearing Members to collect margins from clients by settlement day in the cash market segment, aligning with the T+1 settlement cycle. The modification requires upfront VaR and ELM margins to be collected in advance, while other margins must be collected by settlement day. Failure to collect margins by settlement day will result in penalty. This regulatory change aims to enhance risk management framework and ensure timely margin collection, with implementation effective immediately upon circular issuance.
SEBI mandates Trading Members/Clearing Members to collect margins from clients by settlement day in the cash market segment, aligning with the T+1 settlement cycle. The modification requires upfront VaR and ELM margins to be collected in advance, while other margins must be collected by settlement day. Failure to collect margins by settlement day will result in penalty. This regulatory change aims to enhance risk management framework and ensure timely margin collection, with implementation effective immediately upon circular issuance.
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