NISM Series XIII Common Derivatives Certification Exam Notes

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  • Tax Rates: Vary based on transaction type and entity.
  • Hedge Effectiveness Testing: Conducted periodically for compliance.
  • Derivative Classification: As trading or hedging instruments.
  • Tax Implications: Differ for residents and non-residents.
  • Accounting Adjustments: Reflect mark-to-market changes.

NISM Common Derivatives

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