Sebi clamps down on ₹15k cr wrongful tax evasion
Sebi has debarred over 1,000 entities from the capital markets after they were found to be misusing stock exchange platforms for tax evasion of over ₹15,000 crore. The markets regulator has also suspended trading in shares of 167 companies, and informed the I-T Department of nearly 100 cases where 1,854 entities suspectedly traded in shares valued beyond their disclosed income.