[ad_1] The Indian stock market has been on a roll over the past few years. This has given rise to several social media platforms sharing stock tips and market insights. A famous class of âFinfluencersâ have emerged out of the fame the stock market has earned over the past few years. These financial influencers offer…
[ad_1] First introduced in 2004, STT is levied on transactions involving listed securities on stock exchanges and on units of equity mutual funds (MFs) being redeemed. Itâs a part of the income tax earned by the Union government. In 2018-19, it formed around 2.4% of the income tax collected. In 2024-25 and 2025-26, itâs expected…
[ad_1] The Securities and Exchange Board of India has in the past three months taken down more than 15,000 âcontent sitesâ by unregulated financial influencers as part of its efforts to protect investors, wholetime member Kamlesh Varshney. These finfluencer content were pulled down by technological platforms on Sebiâs request, he said. This was in line…
[ad_1] âLet me sleep yaar,” she replied. âOh, get up and smell the coffee.” Mairaa took a few seconds to register the smell of freshly brewed coffee and then woke up: âThatâs nice,” she said, taking a sip. âAnd why are you glued to your phone at 7am?” âI was reading this very interesting piece…
[ad_1] âWatching business channels on mute is key to my success,” claims a 13-year-old self-proclaimed âworldâs youngest successful options trader” on financial influencer Vivek Bindraâs YouTube channel. Bindra, who has 21 million followers, features the young trader, who asserts she earns at least â36-40%” annually from options trading. This is part of a growing trend…
[ad_1] You submit documents not just once but repeatedly over time. Failure to do so can result in your accounts being frozen, blocking further transactions. This rigorous process is part of anti-money laundering guidelines ensuring institutions have up-to-date customer information. The KYC paradox However, while institutions verify your credentials, you seldom scrutinize the qualifications of…
[ad_1] MUMBAI : India’s markets regulator has devised a seven-point plan to regulate the growing tribe of financial influencers, said Kamlesh Varshney, full-time member of the Securities and Exchange Board of India (Sebi), at the FICCI’s 21st Annual Capital Markets Conference (CAPAM) on Friday. Varshney added that the plan has seven elements, including a mixture…
[ad_1] Crises in global banking, markets and economies remind us of the value of responsible financial and business journalism. Market efficiency relies on the quality, veracity and fairness of reporting. The importance of it was underscored by an order issued on 11 June by the Securities and Exchange Board of India (Sebi). Reiterating âinformational symmetryâ…
