‘Women financial advisors get the same respect as their male counterparts’
On the occasion of International Women’s Day, Mimi Partha Sarathy, MD, Sinhasi Consultants talks about the opportunities for women financial planners in India. She feels that women have an edge over male financial advisors as they are conservative by nature and analyse risk better.
by Banali Banerjee Mar 5, 2016
No service tax on regulatory services of SEBI, IRDAI
Fund houses, Registered Investment Advisors (RIAs), insurance companies and insurance intermediaries will be exempted from paying service tax on regulatory services from April 1, 2016.
by Nishant Patnaik Mar 5, 2016
Equity inflows slow down to Rs. 2,522 crore in February
The AUM of equity funds fell to Rs. 3.54 lakh crore in February due to mark-to-market losses.
by Team Cafemutual Mar 5, 2016
Onshore hedge fund managers outperform offshore India hedge funds
According to data compiled from hedge-fund tracker Eureka Hedge, India based hedge funds have outperformed global hedge funds which invest in India via offshore route.
by Poonam Bansal Mar 4, 2016
India to have 12,341 UHNWIs by 2025: Knight Frank Wealth Report 2016
Mumbai has the highest number of UHNWIs at 1094, followed by Delhi (545), Kolkata (228) and Hyderabad (207).
by Team Cafemutual Mar 3, 2016
No capital gains tax on Sovereign Gold Bond Scheme and Gold Monetization Scheme
SBGS was launched in November to curb the demand for physical gold and curtail India’s excessive dependence on gold imports.
by Nishant Patnaik Mar 3, 2016
Need to strengthen MF distribution network to increase retail participation: SEBI study
The study has recommended identifying and removing the obstacles faced by retail investors while investing in markets.
by Ravi Samalad Mar 3, 2016
Govt. issues clarification on taxation of retirement schemes
No change in the existing taxation structure of PPF.
by Team Cafemutual Mar 1, 2016
FIAI welcomes Union Budget 2016 move on forward charge in service tax
The forward charge mechanism allows all distributors to claim CENVAT credit on the service tax paid by them for availing various services.
by Team Cafemutual Mar 1, 2016
Merging multiple plans within a scheme won’t attract capital gains tax, clarifies Budget 2016
After the budget clarification on capital gains tax, many AMCs are expected to merge multiple plans within a scheme.
by Ravi Samalad Mar 1, 2016
Experts give thumbs up to Budget 2016
Here is what MF honchos and industry experts have to say about the Union Budget 2016-17.
Posted on Mar 1, 2016
Service tax on distributor’s commission to go up by 0.5%
Budget 2016 has introduced Krishi Kalyan Cess of 0.5% on service tax for the welfare of farmers.
by Team Cafemutual Feb 29, 2016