<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Modified Carry Forward System (MCFS)</title>
    <link>https://www.taxtmi.com/circulars?id=62173</link>
    <description>The circular requires levy of an Incremental Carry Forward Margin on scrip-wise carry forward positions when market-wide outstanding or carry-forward-as-a-percentage thresholds are exceeded, applying the higher of two slab-based rates (absolute outstanding and percentage of paid-up shares). Exchanges with ALBM or MCFS must mirror imposition across other such exchanges from the next settlement. It further directs that Mark to Market Margin be collected separately and that carry forward margins be paid fully in cash, fixed deposits or government securities or their combination.</description>
    <language>en-us</language>
    <pubDate>Thu, 27 Jul 2000 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 13 Aug 2019 17:34:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=583535" rel="self" type="application/rss+xml"/>
    <item>
      <title>Modified Carry Forward System (MCFS)</title>
      <link>https://www.taxtmi.com/circulars?id=62173</link>
      <description>The circular requires levy of an Incremental Carry Forward Margin on scrip-wise carry forward positions when market-wide outstanding or carry-forward-as-a-percentage thresholds are exceeded, applying the higher of two slab-based rates (absolute outstanding and percentage of paid-up shares). Exchanges with ALBM or MCFS must mirror imposition across other such exchanges from the next settlement. It further directs that Mark to Market Margin be collected separately and that carry forward margins be paid fully in cash, fixed deposits or government securities or their combination.</description>
      <category>Circulars</category>
      <law>SEBI</law>
      <pubDate>Thu, 27 Jul 2000 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=62173</guid>
    </item>
  </channel>
</rss>