NISM Series XIII Common Derivatives Certification Exam Notes

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  • Tax Treatment: Varies for speculative vs. hedging transactions.
  • Financial Reporting: Complies with Indian Accounting Standards.
  • Derivative Gains: Taxed as business or capital gains.
  • Disclosure of Risks: Includes market and credit risk details.
  • Tax Deductions: Available for losses in certain cases.

NISM Common Derivatives

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