Month: August 2017

Margin Trading Facility by stock broker to clients-SEBI clarification

Margin Trading Facility by stock broker to clients-SEBI clarification.Stock brokers may borrow funds by issuance of CP/unsecured long term loans from their promoters and directors.  Securities & Exchange Board of India CIRCULAR CIR/MRD/DP/ 86/2017 August 01, 2017 To, All Stock Exchanges Dear Sir/Madam, Sub: Margin Trading Facility- Clarification …

Recovery of undisclosed income post demonitization

Recovery of undisclosed income post demonitization Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:47 IST Recovery of undisclosed income post demonitization  With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive …

Increase in number of Income Tax payers after demonetisation

Increase in number of Income Tax payers after demonetisation Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:45 IST Increase in number of Income Tax payers after demonetisation The number of income tax payers has increased after demonetization. During the period of 09.11.2016 to 31.03.2017, 1.96 …