News From Press Budget 2018: Mutual Funds seek simplication of GST rules applicable to MFs

Budget 2018: Mutual Funds seek simplication of GST rules applicable to MFs

Source: Moneycontrol Jan 13, 2018

The mutual fund industry has written to the Finance Ministry as a part of its proposals for Budget 2018, seeking, among other things, simplification of GST rules to ease implementation of GST for the MF industry.

In the set of Budget proposals that AMFI (Association of Mutual Funds of India) has sent to Finance Ministry, it has suggested 7 specific changes to the GST implementation keeping in mind the nuances of the mutual fund industry.

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