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The Reserve Bank of India (RBI) on Monday issued a circular to implement the Union Budget 2020-21 proposal to fully open up the government securities for non-resident investors. ...
The new Budget proposal of taxing income distributed by asset managers to unit holders if such transfers are more than Rs 5,000 in a financial year may not make returns mutual fund schemes less attractive as government has clarified that additional t ...
Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday. ...
Taking a jibe at the Central government over Budget 2020-21, Congress leader Rahul Gandhi on Tuesday claimed Finance Minister Nirmala Sitharaman had not even mentioned once the issue of unemployment during her three-hour-long budget speech. ...
Finance Minister Nirmala Sitharman on Tuesday said that the Centre is determined to see the implementation of the Union Budget, which was presented on February 1, in the country. ...
Investing in mutual funds may become less attractive as the government has proposed a tax on the income distributed by asset managers to unitholders. ...