This consultation paper proposes amendments to rules governing Unique Client Code (UCC) modification, aiming to facilitate smoother operations for specific market participants. The primary objective ...

ITAT Hyderabad held that no records brought suggesting that assessee has contrived losses by using Client Code Modification. Thus, disallowance of losses only on presumption is not justifiable.

Market Makers are permitted to transact in the basket for securities underlying the ETF against equivalent transaction in units of ETF and transfer the net obligation of such transaction in ETFs for ...

In today's global market, agility and compliance are crucial for business success. Companies dealing with international trade must keep their documentation up to date as it is essential for regulatory ...

Regulator wants to ease on client code modification but concerned with tax evasion and circular trading The Securities and Exchange Board of India (Sebi) has flagged risks of tax evasion and misuse ...