Stock market regulator Sebi has streamlined penalty rules for brokers, introducing a single penalty per violation across exchanges. The number of penalties has been drastically cut from 235 to 90, with many minor lapses now facing financial disincentives instead of penalties. This move aims to reduce reputational risk and provide significant relief to the broking...Read More

India’s tax authorities are targeting over 400 high-net-worth individuals for evading taxes on their cryptocurrency profits from Binance. Many failed to disclose digital assets held on the offshore exchange, believing they could escape the substantial tax liabilities. The Income Tax department is now actively tracing these undeclared trades.Read More