Neutral impactStocks
SEBI asks financial firms to update KYC systems under new tax reporting rules
CNBC-TV18 38 min ago·11 Nov 2026, 5:29 pm
Market intermediaries will have to strengthen customer due diligence, revise account classification systems and upgrade their reporting software to meet the updated requirements. SEBI has also made intermediaries solely responsible for obtaining and reporting client certifications and ensuring compliance with the revised framework.
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