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    <title>Ease of Doing Business – Relaxation in certification requirement for Persons Associated with Investment Advice (PAIA) – Sales and other non-core services</title>
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    <description>Persons Associated with Investment Advice who perform only sales and other non-core services are subject to a lighter NISM certification regime and must pass the NISM Series-XXV-B examination. PAIA not covered by that category must continue with the NISM Series-X-A and Series-X-B examinations. Existing holders of the Series-X-A and Series-X-B certifications need not obtain Series-XXV-B immediately and may do so before their current certifications expire.</description>
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    <pubDate>Wed, 24 Jun 2026 00:00:00 +0530</pubDate>
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      <description>Persons Associated with Investment Advice who perform only sales and other non-core services are subject to a lighter NISM certification regime and must pass the NISM Series-XXV-B examination. PAIA not covered by that category must continue with the NISM Series-X-A and Series-X-B examinations. Existing holders of the Series-X-A and Series-X-B certifications need not obtain Series-XXV-B immediately and may do so before their current certifications expire.</description>
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      <pubDate>Wed, 24 Jun 2026 00:00:00 +0530</pubDate>
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