TaxTMI 
TaxTMI 
Daily Price Limits (DPL) for Non-Agricultural Commodity Derivatives/ First Day DPL for All Commodity Derivatives
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....Agricultural Commodity Derivatives/ First Day DPL for All Commodity Derivatives 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC or the Central Government applicable to recognised associations under the FCRA would continue to remain in force for a period of one year from the date on which ....
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....Following slabs shall be applied for DPL of all non-agricultural commodity derivatives: Name of Commodity Initial Slab of DPL 1st Enhanced Slab of DPL 2nd Enhanced Slab of DPL Aggregate DPL Steel 4% 2% Not Applicable 6% Gold 3% 3% 3% 9% Other Non-Agri Commodities (Presently being traded on Exchanges) 4% 2% 3% 9% 3.2. DPL for Steel: DPL for Steel shall have two slabs a....
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....ling off periods trading shall continue to be permitted within the previous slab of DPL. 3.3.3. In case price movement in referencable international market is more than the aggregate DPL, the same may be further relaxed in steps of 3% by Exchanges. Exchanges shall immediately inform Integrated Surveillance Department (ISD) of SEBI about any such relaxation of DPLs beyond Aggregate DPL, along with....
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....ove, as the case may be, shall be calculated by the Exchange and shall be used to determine DPL for the remaining part of the day. 5. For any commodity derivatives, exchanges at their discretion may prescribe DPL narrower than the slabs prescribed by SEBI in case they require so based upon their analysis of price movements and their surveillance findings. 6. The provisions of this circular shall....