https://www.taxtmi.com/acts?id=37822 Persons connected with the issue of municipal debt securities are prohibited from offering any direct or indirect incentive, whether in cash, kind, services or otherwise, to induce applications in the issue, except for fees or commission for services rendered in relation to the issue. The issuer may still offer additional interest or a discount to the issue price to specified investor categories, but only to the initial allottee and not after transfer or transmission of the securities. en-us Mon, 30 Sep 2019 18:09:59 +0530 Fri, 10 Jul 2026 14:19:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37822 Persons connected with the issue of municipal debt securities are prohibited from offering any direct or indirect incentive, whether in cash, kind, services or otherwise, to induce applications in the issue, except for fees or commission for services rendered in relation to the issue. The issuer may still offer additional interest or a discount to the issue price to specified investor categories, but only to the initial allottee and not after transfer or transmission of the securities. Act-Rules SEBI Mon, 30 Sep 2019 18:09:59 +0530 https://www.taxtmi.com/acts?id=37822