PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
SEBI circular facilitates stock brokers to undertake securities market activities in GIFT-IFSC through a Separate Business Unit (SBU) without specific prior approval. Stock brokers may establish an SBU with segregated operations, maintaining an arms-length relationship between Indian securities market and GIFT-IFSC activities. Existing subsidiaries can transition to SBU model at discretion. Key regulatory safeguards include separate accounting, ring-fenced net worth, and exclusive engagement in IFSCA-permitted activities. Notably, investor grievance mechanisms from Indian securities markets will not apply to SBU operations, emphasizing the distinct regulatory jurisdiction of GIFT-IFSC activities.
SEBI circular facilitates stock brokers to undertake securities market activities in GIFT-IFSC through a Separate Business Unit (SBU) without specific prior approval. Stock brokers may establish an SBU with segregated operations, maintaining an arms-length relationship between Indian securities market and GIFT-IFSC activities. Existing subsidiaries can transition to SBU model at discretion. Key regulatory safeguards include separate accounting, ring-fenced net worth, and exclusive engagement in IFSCA-permitted activities. Notably, investor grievance mechanisms from Indian securities markets will not apply to SBU operations, emphasizing the distinct regulatory jurisdiction of GIFT-IFSC activities.
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