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 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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