https://www.taxtmi.com/circulars?id=68639 SEBI requires investor-facing intermediaries to obtain standardised, validated UPI IDs comprising a Username with a prescribed category suffix and an NPCI-allocated @valid handle tied to self-certified syndicate banks. Usernames must be created via SEBI's utility, banks allocate handles after due diligence, and intermediaries must publish QR codes showing a white thumbs-up in a green triangle. The @valid handles are exclusively for merchant category code 6211 payment collection, transaction limits follow NPCI caps, and the framework includes a "SEBI Check" tool for investor verification; availability for investors begins October 1, 2025. en-us Wed, 11 Jun 2025 00:00:00 +0530 Wed, 11 Jun 2025 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68639 SEBI requires investor-facing intermediaries to obtain standardised, validated UPI IDs comprising a Username with a prescribed category suffix and an NPCI-allocated @valid handle tied to self-certified syndicate banks. Usernames must be created via SEBI's utility, banks allocate handles after due diligence, and intermediaries must publish QR codes showing a white thumbs-up in a green triangle. The @valid handles are exclusively for merchant category code 6211 payment collection, transaction limits follow NPCI caps, and the framework includes a "SEBI Check" tool for investor verification; availability for investors begins October 1, 2025. Circulars SEBI Wed, 11 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68639