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Sebi fines Keshav Securities for misutilising clients' securities, funds
The estimated worth of misutilised funds by the noticee was Rs 1.75 crore
Transfer pay-outs to client's demat account within a day, says Sebi
Regulator issues fresh guidelines for unpaid securities
Players ready for migration as card-on-file tokenisation deadline nears
Tokenisation is the replacement of an actual or clear card number with an alternative code called the "token"
New milestone: Demat accounts surpass 100 million for the first time
The tally was less than 41 million before Covid-19 pandemic
Securities transaction tax mop-up rises 14% despite sharp sell-off
The department collected Rs 2,568 crore against Rs 2,262 crore in the corresponding period a year ago.
Securities transaction tax collection up 5% on higher derivatives trade
Tax payouts from dividend distribution tax are up 2%
Firms must disclose securities transactions above Rs 10 lakh by May 31
Also, govt to cancel registration of over 2 lakh firms that have been inactive for a long time
