SEBI noted that some clearing corporation were crediting the penalty levied on short collection/ non-collection of margin on commodity derivative segments to SGF and other are crediting to Investor Protection Fund (IPF), In order to bring uniformity with regard to crediting of penalties so levied, the SEBI has clarified that same to be credited to core SGF.
from taxmann.com News http://bit.ly/2X02iph
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