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 Patnaik 3 hours ago
‘In investor initiated AUM transfers, the new MFD gets trail income from seventh month’
Ask us: The new ARN transfer norm will be not be effective retrospectively.
by Nishant Patnaik Mar 10, 2024
MFDs have to explicitly tell their clients that regular plans pay commission to MFDs
Ask us: MFDs offering online transactions should disclose ‘Regular plans involve payment of commission to MFDs’.
by Nishant Patnaik Feb 7, 2024