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SEBI's New Initiative: SEBI Board overhauls Settlement Mechanism, proposes amendments to PIT Regulations

October 9, 2018[2018] 98 taxmann.com 98 (Article)
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The proposed KYC requirements and eligibility conditions for FPIs were discussed by the SEBI Board, in the light of the circular dated April 10, 2018 and the recommendations of the Khan Working Group. The proposed draft circular and proposed amendments to SEBI (FPI) Regulations, 2014 were discussed by the SEBI Board and broadly agreed upon.
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