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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
Ask us: While mutual fund distributors cannot charge fees in lieu of financial advice and mutual fund investments, there is no restriction on MF distributors charge fees for other financial products or services.
Insurance companies follow reverse charge mechanism on commission income of up to Rs.20 lakh. Simply put, insurance companies pay GST on your behalf to the government.
Ask us: Maharashtra MFDs earning between Rs.20 lakh and Rs.50 lakh can simultaneously apply for GST Composition Scheme to avail benefits of lower GST rates.