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    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund related questions. So write in to us at newsdesk@cafemutual.com
    ‘US based NRIs have to pay taxes on notional gains from Indian mutual funds’
    Ask us: India has Double Taxation Avoidance Agreements (DTAAs) with over 80 countries including the US, Canada and Australia.
    by Nishant PatnaikJun 5, 2025
    AUM transfer by investor to new ARN: Always check if a previous transfer has taken place
    Ask us: In the case of an investor-initiated change of ARN code, the applicable trail commission rate of the new distributor will be the lower of the old and new distributor’s rate.
    by Nishant PatnaikJun 3, 2025
    Are your NRI clients exempt from paying capital gains tax in India?
    Ask us: Exemption is applicable to NRIs residing in countries having DTAA with India.
    by Nishant PatnaikMay 30, 2025
    MFDs must raise invoice before paying GST
    Ask us: Paying GST on time doesn’t necessarily mean the tax authorities won’t visit your registered office for document verification or to check for other non-compliances.
    by Nishant PatnaikMay 21, 2025
    ‘Documenting risk profile of all clients has always been mandatory for MFDs’
    Ask us: Documenting risk profile of all clients is a part of AMFI code of conduct for distributors.
    by Nishant PatnaikApr 3, 2025
    Ask us: MFDs having Pvt Ltd structure may not avail GST composition scheme
    Ask us: MFDs having Pvt Ltd structure may not avail GST composition scheme
    by Nishant PatnaikFeb 27, 2025
    Business opportunity for MFDs in GIFT City
    Here is all you need to know about GIFT City.
    by Nishant PatnaikJan 27, 2025
    MF distribution falls under services as per CBIC definition
    Ask us: MFDs are exempted from paying GST if their total commission income across all financial products is less than Rs.20 lakh and do not have GST registration number.
    by Nishant PatnaikJan 10, 2025
    ‘MFDs can use different names in ARN and website provided it complies with AMFI norms’
    Ask us: MFDs will have to explicitly mention on their website that they have ARN in individual name and they are an AMFI registered mutual fund distributor.
    by Nishant PatnaikSep 20, 2024
    ‘GST exemption on commission income of Rs.20 lakh is applicable for MFDs’
    Ask us: The CBIC norms identify MFDs as service providers under the Harmonised System for Nomenclature (HSN) 997152.
    by Nishant PatnaikSep 2, 2024
    MFDs can distribute IFSC products without setting up office in GIFT City
    MFDs can either become registered distributor of IFSC or directly tie up registered entities like AMCs to sell products listed with IFSCA.
    by Nishant PatnaikAug 22, 2024
    Your queries on GST answered
    Read on to learn how to comply with the GST norms.
    by Nishant PatnaikAug 15, 2024
    ‘MFDs should refrain from talking about scheme performance on social media’
    Ask us: MFDs can continue to run their social media channels as influencers but they need to ensure that they put educational content.
    by Nishant PatnaikJul 17, 2024
    Not all equity FoFs have debt taxation
    Ask us: FoFs that invest over 90% of its corpus in listed ETFs are considered as equity funds for taxation.
    by Nishant PatnaikJul 3, 2024
    ‘B30 incentive will be back but in a new avatar’
    Ask us: SEBI will soon reintroduce the B30 incentive, which was discontinued in February 2023.
    by Nishant PatnaikJun 3, 2024
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