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Stock market investments may be subject to tax risk
The revised code, if implemented in the present form, will complicate financial planning for investors. The Securities and Exchange Board of India (Sebi) has mandated that mutual fund houses should always put this advertisement — "Mutual funds are subject to market risk. Please read the offer document carefully before investing." Soon, another addition may be needed: "Mutual funds may be subject
The revised code, if implemented in the present form, will complicate financial planning for investors. The Securities and Exchange Board of India (Sebi) has mandated that mutual fund houses should always put this advertisement — "Mutual funds are subject to market risk. Please read the offer document carefully before investing." Soon, another addition may be needed: "Mutual funds may be subject
The balancing act
I will soon retire. I plan to hold the mutual funds units till retirement and later use it for regular expenditure. I have no tax-saving funds, the provident fund deductions have been over Rs 1 lakh
I will soon retire. I plan to hold the mutual funds units till retirement and later use it for regular expenditure. I have no tax-saving funds, the provident fund deductions have been over Rs 1 lakh
Direct tax kitty swells 7.5% till Feb
Direct tax collections in the first 11 months (April-February) of the current financial year rose 7.52 per cent to Rs 2,78,373 crore, compared with Rs 2,58,902 crore in the corresponding period of
Taxes on MF investments
How do fund houses charge the various taxes like dividend distribution tax, capital gains tax and securities transaction tax that a mutual fund is subject to? Are these deducted from the returns
How do fund houses charge the various taxes like dividend distribution tax, capital gains tax and securities transaction tax that a mutual fund is subject to? Are these deducted from the returns
No plans to remove Securities Transaction Tax: Govt
New Delhi: The Lok Sabha was informed on Friday that the Government had no plans to do away with the Securities Transaction Tax (STT), despite demands for its removal.
New Delhi: The Lok Sabha was informed on Friday that the Government had no plans to do away with the Securities Transaction Tax (STT), despite demands for its removal.
STT shrinks traded volumes by a fifth
Changes in the levy of securities transaction tax (STT) have started taking a toll on the market. A DNA Money analysis of monthly average turnovers reveals that volumes have dropped by over a fifth si
Changes in the levy of securities transaction tax (STT) have started taking a toll on the market. A DNA Money analysis of monthly average turnovers reveals that volumes have dropped by over a fifth si
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