How SFT Mechanism Enables Govt To Track Large Transactions Even If You Do Not Report It In ITR

The reason more and more people are coming under the tax net is that the government has digitalised various processes. This allows the government to easily track large transactions. The Statement of ...
Nasdaq

Provable Markets facilitates the inaugural transaction on the DTCC's new SFT Clearing Service

The first trade was executed on Aurora, and centrally cleared and settled via the SFT Clearing Service on Thursday, October 6, 2022 at 2.26 pm ET NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Provable ...
The Financial Express

Income Tax SFT return filing due date extension: Facility to remain open for a couple of days – Latest news

Income Tax SFT return filing 2023: In view of difficulties faced by filers due to heavy traffic on the reporting portal, the Income Tax Department has given a couple of days more for filing of SFT ...
The TRADE

Cboe Clear Europe to introduce clearing service for securities financing transactions

Initiative to introduce clearing, settlement and post-trade lifecycle management for SFT transactions in European cash equities and ETFs supported by the likes of BNY Mellon, Citi and Goldman Sachs; ...

I-T draft rules propose higher reporting threshold for property deals from April. Here’s what it means for you

The upward revision of transaction threshold from Rs 30 lakh to Rs 45 lakh for the purposes of quoting PAN and financial reporting represents a calibrated and risk-based refinement of the reporting ...
The Financial Express

I-T dept finds discrepancies in SFT reports filed by certain banks

The company has set up an in-house incubation hub to evaluate potential targets, including small startups. The Income Tax Department on Friday said it has found discrepancies in Statement of Specified ...