Finance Ministry tweaks rules to enhance ease of doing business for stock exchange brokers

Business and Finance Business and Finance

Mon, May 19, 2025

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[ Today @ 03:45 PM ] - WOPRAI

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Finance Ministry tweaks rules to enhance ease of doing business for stock exchange brokers

[ Today @ 02:00 PM ] - Truthout

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[ Today @ 02:00 PM ] - WOPRAI

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Short squeeze is starting in shares of GSK at $37 .. 5, after crossing above the $37.841 Trigger Price

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Short squeeze is starting in shares of FLMTF at $ .. 91, after crossing above the $0.035 Trigger Price

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Finance Ministry tweaks rules to enhance ease of doing business for stock exchange brokers

^{Published on 2025-05-19 14:00:42 - cnbctv18}

The Department of Economic Affairs amended Rule 8 of the Securities Contracts (Regulation) Rules, 1957, to enhance ease of doing business for brokers.

The Finance Ministry of India has introduced amendments to the Securities Contracts (Regulation) Rules, 1957, aimed at enhancing the ease of doing business for stock brokers. These changes, effective immediately, include the elimination of the requirement for stock brokers to submit audited annual returns to stock exchanges, thereby reducing compliance burdens. Additionally, the amendments allow stock brokers to submit a one-time certificate from their tax auditor or chartered accountant confirming compliance with net worth requirements, instead of the previous need for periodic submissions. These modifications are part of broader efforts to streamline regulations and foster a more conducive environment for financial market participants.

Read the Full CNBCTV18 Article at:
[ https://www.cnbctv18.com/market/finance-ministry-tweaks-rules-ease-of-business-for-stock-brokers-ws-l-19606936.htm ]

N@N

Finance Ministry tweaks rules to enhance ease of doing business for stock exchange brokers