sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« News Headlines »
 5 things you should not forget while filing income tax return
 10 Easy Steps to File ITR 1 Online
 How to e-verify income tax return?
 What to do when you receive a notice from the tax department
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19

Modify SEBI norms for creation
March, 02nd 2010

An industry chamber has demanded changes in the guidelines of Securities and Exchange Board of India (SEBI) for easy creation of more stock exchanges to bring in greater competition in capital markets through wider participation of SMEs and retailers.

ASSOCHAM said the new exchanges would also ensure better price discovery to investors, specifically retail investors, with much lesser transaction costs.

In a representation to Competition Commission of India, the chamber pointed out that the present position in the country is very dismal as regards to competition and highly favoured and weighing for National Stock Exchange (NSE).

The NSE, which commands 98 per cent of turnover in futures and options and has about 70 per cent in cash section, needs to be countered with competition, it said.

According to the business body, the various reformative steps taken by SEBI in the last few years have not been able to bring value competition in the market which has resulted in almost monopolistic status of NSE.

The industry body has suggested that the regional stock exchanges should be encouraged with fiscal benefits to attract regional companies for listing with a view to better price discovery and lower charges to investors.

The fiscal benefits can be in the form of concessional security transaction tax, exemptions from VAT as also income-tax, it added.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Vision

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions