Question
As per the new rule the stock exchanges or the persons
dealing in securities market, will have to pay ____ GST on SEBI’s fee?Solution
All the market infrastructure institutions, companies who have listed/are intending to list their securities, other intermediaries and persons who are dealing in the securities market will need to pay the fees and other charges payable to SEBI shall be subject to GST (Goods and Services Tax) at the rate of 18 per cent with effect from July 18, 2022. Stock exchanges, clearing corporations and depositories come under market infrastructure institutions. SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch GST, or Goods and Services Tax, is an indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes, including VAT, excise duty, service taxes, etc.
For market risk, the minimum capital requirement is expressed in terms of two separately calculated charges. Which of the following are those two risks ...
Consider the following statements:
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What is the target of fiscal deficit as a percentage of the GDP, for FY24-25, as per the Union Budget 2024-25? Â
The Basel III capital regulations were implemented in India with effect from _________ and have been fully implemented as on____________.
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Which of the following committee oversees the credit/counterparty risk and country risk in a bank?
Calculate the Total Assets to Debt Ratio given the following information:
Non-current Assets: ₹40,00,000
Current Assets: ₹40,00,000
What is the maximum percentage of investible funds that Category III AIFs can invest in a single portfolio entity?
To improve socio-economic conditions of the particularly vulnerable tribal groups (PVTGs), the Government has stated that the Pradhan Mantri PVTG Devel...
Which of the following is not a resolution method under RBI’s Prudential Framework for stressed assets?