Sebi to take measure for F&O segment soon; calls for tax breaks on bonds

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Sebi to take measure for F&O segment soon; calls for tax breaks on bonds - Business Standard

Quick Summary:

Capital markets regulator Sebi is expected to take measures regarding the Futures and Options (F&O) segment very soon, in a bid to enhance investor protection, its senior official said on Tuesday.

The regulator will make a case for a tax break for municipal bonds during a meeting with the finance commission, the regulator's whole time member Ashwani Bhatia said here.

In addition, Sebi has urged the government to introduce tax breaks for subscribers of municipal bonds, which are crucial for funding infrastructure development.