Sebi favours tax breaks for municipal bond subscribers: Official

Sebi favours tax breaks for municipal bond subscribers: Official

The Securities and Exchange Board of India (Sebi) has approached the government to allow tax breaks for subscribers of municipal bonds that are crucial for funding infrastructure development at the grass-root levels, a senior official said on Tuesday. The capital markets watchdog will also root for a tax break for municipal bonds during its meeting … Read more

Sebi extends compliance deadline for municipal bonds

Sebi extends compliance deadline for municipal bonds

New Delhi: Markets regulator Sebi on Tuesday further extended the deadline for issuers of municipal debt securities to comply with certain regulatory norms to July 31 in view of the COVID-19 crisis. The relaxation pertains to submission of investor grievance report, financial results and accounts maintained by issuers under ILDM Regulation, Sebi noted in a … Read more