SEBI has directed BSE to pay a differential regulatory fee for past dues with interest, due to a change in fee calculation from premium turnover to notional value of annual turnover. At what interest rate must BSE pay on any unpaid, delayed, or short-paid amounts for these past dues?

Correct option is C

SEBI instructed BSE to pay the differential regulatory fee on past dues at an interest rate of 15% per annum.
Details-
· Reason for Differential Fee: SEBI mandated that BSE should calculate regulatory fees based on the notional value of annual turnover rather than only the premium turnover for option contracts.
· Interest Rate and Penalty: A 15% annual interest applies to unpaid, delayed, or short-paid fees, calculated monthly for each delayed month.
· Payment Breakdown:
· For FY22 and FY23: Payment must include the 15% interest.
· For FY15 to FY21: SEBI allows payment in three equal installments from August 2025 to August 2027, including interest.
· FY24 Requirement: For the most recent fiscal year, SEBI instructed payment within 30 days, without interest, as long as it’s paid on time.