https://www.taxtmi.com/circulars?id=69752 Permits net settlement of funds for outright transactions undertaken by Foreign Portfolio Investors in the cash market, while retaining gross settlement for securities delivery and the existing settlement framework with custodians and clearing corporations. Only securities with an exclusive outright buy or exclusive outright sell in a settlement cycle are eligible for netting. Securities involving both purchase and sale in the same cycle remain on gross basis. Securities Transaction Tax and stamp duty continue on delivery basis, and implementation standards are to be framed by custodians and the designated forum after stakeholder consultation. en-us Fri, 24 Apr 2026 00:00:00 +0530 Fri, 24 Apr 2026 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69752 Permits net settlement of funds for outright transactions undertaken by Foreign Portfolio Investors in the cash market, while retaining gross settlement for securities delivery and the existing settlement framework with custodians and clearing corporations. Only securities with an exclusive outright buy or exclusive outright sell in a settlement cycle are eligible for netting. Securities involving both purchase and sale in the same cycle remain on gross basis. Securities Transaction Tax and stamp duty continue on delivery basis, and implementation standards are to be framed by custodians and the designated forum after stakeholder consultation. Circulars SEBI Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69752