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SEBI Allows Investment Advisers and Research Analysts to Charge Advance Fees for Up to One Year

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SEBI Advance Fee Norms

Circular No. SEBI/HO/MIRSD/ MIRSD-PoD/P/CIR/2025/48, Dated: 02.04.2025

SEBI has relaxed the advance fee restrictions for Investment Advisers (IAs) and Research Analysts (RAs), allowing them to charge fees in advance for up to one year, subject to client agreement. Fee-related provisions apply only to individual and HUF clients (excluding accredited investors). For non-individual and institutional clients, fees will be governed by contractual terms.

Click Here To Read The Full Circular

The post SEBI Allows Investment Advisers and Research Analysts to Charge Advance Fees for Up to One Year appeared first on Taxmann Blog.

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