4 Harsh Tax Effect of SEBI Withdrawl of Recognition of DSE ?

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Now the fact that the Securities and Exchange Board of India has withdrawn the recognition of watchdog from the Delhi Stock Exchange is in public domain. The reason for withdrawal of recognition of DSE , as pointed out by SEBI is that DSE did not act even after getting to know about the irregularities committed by the erstwhile management. Whatever may be the reason, this post is not going to discuss it. What esteemed readers are reminded that now that DSE has been de-recognised, no one should carry any business transaction with it or through brokers who are members of DSE. Here are why :

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