New Debt Mutual Fund Norms: AMCs Open Subscription For International Schemes
The existing Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) will reopen from March 29 onwards. However, fresh SIP and STP will not be allowed.
Mar 27, 2023, 17:48 PM IST
Debt MF Taxation Amendment a Surprise, Will Be Detrimental To Corporate Bond Mkt Development: Asset Managers
Debt mutual funds are stripped of the long-term tax benefit if they invest less than 35 per cent of their assets in equities. Such mutual funds will attract short term capital gains tax.
Mar 24, 2023, 19:12 PM IST
Govt To Scrap Long-Term Tax Benefit For Debt Mutual Funds: Report
Finance ministry is likely to bring in amendments to the Finance Bill 2023, removing the long term capital gains tax (LTCG) benefits available to such specified MFs. Currently, such mutual fund schemes attract 20 per cent LTCG with indexation benefits.
Mar 24, 2023, 13:31 PM IST
As FD rates fall, here's where you can invest for higher returns
In the present scenario, where interest rates are following a downward slope, investors dependent on income from traditional financial instruments such as fixed deposits (FDs) don't have much to cheer about.
Aug 15, 2017, 16:26 PM IST
Falling FD rates: Invest in these financial instruments to get attractive returns
In the present scenario, where interest rates are following a downward slope, investors dependent on income from traditional financial instruments such as fixed deposits (FDs) don't have much to cheer about.
Aug 10, 2017, 19:02 PM IST
India exempts debt mutual funds from new tax for a short period
He also increased the long-term capital gains tax rate on debt-linked mutual funds to 20 percent from 10 percent.
Jul 25, 2014, 15:29 PM IST
Jaitley announces some concessions, tax on MF from July 10
The Lok Sabha later passed the Finance Bill, 2014 completing the budgetary exercise in the Lower House.
Jul 25, 2014, 15:13 PM IST
No retro tax on debt Mutual Fund: Arun Jaitley
Jaitley said that higher tax on debt mutual funds will apply prospectively from July 10.
Jul 25, 2014, 12:56 PM IST
Government to not retrospectively tax debt fund investors
The government will not retrospectively tax debt fund investors, as per Zee news sources.
Jul 24, 2014, 16:16 PM IST
