Home Business Stock Brokers’ earning interest income from leading clients faces tax axe

Stock Brokers’ earning interest income from leading clients faces tax axe

By
Lucky Jain
-
527
0
(G.N.S) Dt. 08 Mumbai A cheap and easy source of funding for retail brokerages is set to dry up soon. Brokerages will not be allowed to use the money of clients to finance other trades from July 1, possibly triggering a sell-off in small-cap and penny stocks at that time.

This content is restricted to site members. If you are an existing user, please log in. New users may register below.

Existing Users Log In
   
New User Registration
*Required field

RELATED ARTICLESMORE FROM AUTHOR