FinMin Amends Securities Contracts Regulation: Broker Investments Not Business Unless Client Funds or Liabilities Involved [Read Notification]

The Ministry of Finance, via Notification, clarified that broker investments are not treated as business unless they involve client funds or financial liabilities.
FinMin Amends Securities Contracts Regulation - Broker Investments - Business Unless Client Funds - Liabilities Involved - TAXSCAN

The Ministry of Finance has issued Notification No. G.S.R. 318(E) dated 19 May 2025, amending the Securities Contracts (Regulation) Rules, 1957, to clarify that broker investments will not be treated as business activities unless they involve client funds, client securities, or create financial liabilities on the broker. The amendment is effective immediately upon its publication…

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