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    <title>Securities And Exchange Board Of India (Stock Brokers And Sub-Brokers) (Third Amendment) Regulations, 2006</title>
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    <description>A new transaction-based fee regime requires stock brokers to pay fees on sale and purchase transactions in securities and debt securities; recognised exchanges must collect fees for on-exchange and reported off-market transactions, remit collections monthly to the Board, and maintain registers and returns. Fees accrued under the prior schedule remain payable. The Board may recover unpaid fees directly from brokers, defaulting brokers incur prescribed interest for delayed payment, and brokers must provide information or explanations about fees. Similar fee and collection provisions apply to derivatives turnover.</description>
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