09/12/2024
Summary of the SEBI Notification dated 04/12/2024.
This notification is integrated in our free-to-use website ca2013.com.
Introduction of SEBI (PIT) (Third Amendment) Regulations 2015
Following changes have been introduced through the above-mentioned Regulations:
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Minor changes in the definition of ‘connected person’ and in the note mentioned for the definition of ‘Insider’.
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Deemed Connected person is no longer restricted only to ‘Immediate relative’, now it includes any relative. The notification has also introduced the definition of ‘Relative’.
- The definition of deemed connected person has been amended to include a firm or its partner or its employee in which a connected person is also a partner; and a person sharing household or residence with him.
Click here to view the SEBI Notification.
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