SEBI Lowers Broker Fees by 25 Percent to Rs 15 Per Transaction The SEBI Board on January 14, 2017 announced its decision to reduce the fees payable by broker by 25 percent as a part of calibration of various other fees collected by the regulator from different market intermediaries.It has decided to lower the fees from Rs 20 per crore of turnover to Rs 15 per crore of turnover to reduce the overall
cost of transaction.
iii. The SEBI Board has also decided to give an option to all market intermediaries and companies to make their regulatory payments in digital mode to help in speedy and easy transactions and reduce failures due to payment gateway issues.
iv. Besides, the board has also approved a proposal to levy certain new charges, including filing fee for draft scheme of arrangements and processing fee on application for relaxation in certain regulations.
No comments:
Post a Comment