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SEBI guidelines for setting up stock exchanges exclusively for SME soon

Market regulator Securities and Exchange Board of India (Sebi) would come up with guidelines for setting up stock exchanges exclusively for small and medium firms soon. "Sebi is working on it. The norms are being finalised and would be released soon," Finance Ministry sources said.
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CBDT amended income tax rules for Provident Fund Trusts by amendment in rule 67

Private provident funds and superannuation funds, that channelise a larger chunk of their corpus equity will not attract income tax, following change in tax rules. The tax-free status would allow more of retirement savings to flow into shares The Central Board of Direct Taxes (CBDT), the apex direct taxes body has now issued a notification, aligning [...]
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