From April 1, Indian markets face major regulatory changes as higher taxes and stricter funding norms reshape trading. Securities transaction tax (STT) on derivatives is rising sharply—150% on futures and 50% on options—while new RBI rules require 100% collateral for bank guarantees in proprietary trading, up from 50%.
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore