SEBI directs market intermediaries to update KYC, tax-reporting systems under new income tax rules

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The Securities and Exchange Board of India (SEBI) on Wednesday directed registered market intermediaries to update their Know Your Customer (KYC) and tax-reporting systems in line with the revised income tax rules, aimed at ensuring compliance with international financial account reporting requirements.

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SEBI directs market intermediaries to update KYC, tax-reporting systems under new income tax rules

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