Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
SEBI mandates uniform expiry days for equity derivatives contracts across stock exchanges, limiting settlement to either Tuesday or Thursday. Exchanges must offer benchmark index options on their chosen day, with all other equity derivatives contracts having a minimum one-month tenor and expiring in the last week of the month. Exchanges are required to seek SEBI's prior approval for modifying settlement days and must submit compliance proposals by June 15, 2025. The regulatory measure aims to reduce concentration risk, minimize expiry day volatility, and enhance market stability while providing product differentiation opportunities for market participants.
SEBI mandates uniform expiry days for equity derivatives contracts across stock exchanges, limiting settlement to either Tuesday or Thursday. Exchanges must offer benchmark index options on their chosen day, with all other equity derivatives contracts having a minimum one-month tenor and expiring in the last week of the month. Exchanges are required to seek SEBI's prior approval for modifying settlement days and must submit compliance proposals by June 15, 2025. The regulatory measure aims to reduce concentration risk, minimize expiry day volatility, and enhance market stability while providing product differentiation opportunities for market participants.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
