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Most FPIs will approach the DRP within the next 60-days for resolution of the matter; draft provides reasons why MAT is applicable.
The move will bring to halt the huge upfront commissions being paid to distributors of close-end schemes as incentive to bring more investments.
Equity-oriented balanced funds, which have seen strong growth on the back of surging markets, are also rewarding their investors.
Delhi government today passed an amendment to the Value Added Tax (VAT) Act which will allow them to carry forward their credit for successive financial years.
Delhi government today passed an amendment to the Value Added Tax (VAT) Act which will allow them to carry forward their credit for successive financial years.
Taxpayers will soon get relief from sending a paper acknowledgement of their e-filed return as Income Tax department is set to introduce a new customer verification system for the task by sending One
Taxpayers will soon get relief from sending a paper acknowledgement of their e-filed return as Income Tax department is set to introduce a new customer verification system for the task by sending One
MFs have been increasing their exposure to banking shares since Jan last year but their investment level in the sector dropped in Sep. 2014.
MFs have been increasing their exposure to banking shares since Jan last year but their investment level in the sector dropped in Sep. 2014.
Taxpayers are in a hurry to make investments before 31 March. If you are looking for options, here are five picks for that last-minute rush.
Three weeks ago, the Union Budget 2015 gave a big push to the NPS by creating a Rs 50,000 tax break that can be utilised only by investing in the NPS.
Three weeks ago, the Union Budget 2015 gave a big push to the NPS by creating a Rs 50,000 tax break that can be utilised only by investing in the NPS.
Taxpayers are in a tearing hurry to make tax-saving investments before 31 March. Here are five options you won’t regret.
The investor is required to submit a letter to the AMC/registrar stating all the folio numbers that are to be consolidated into one primary folio.
The investor is required to submit a letter to the AMC/registrar stating all the folio numbers that are to be consolidated into one primary folio.
A tax exemption on house rent allowance (HRA) received is available under Section 10 (13A) of the Income Tax Act to individuals.
A tax exemption on house rent allowance (HRA) received is available under Section 10 (13A) of the Income Tax Act to individuals.
Small-sized funds that have consistently given attractive returns are also worth a dekko. It is time you started going by the returns rather than the corpus.
Small-sized funds that have consistently given attractive returns are also worth a dekko. It is time you started going by the returns rather than the corpus.
In addition to generating returns comparable with debt options, arbitrage funds also enjoy the tax advantage of equity funds.
In addition to generating returns comparable with debt options, arbitrage funds also enjoy the tax advantage of equity funds.
These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner, experts said.
These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner, experts said.
IT firms like TCS and Infosys were also back on fund managers’ radar on hopes that recovery in US economy may translate to higher revenue growth.
IT firms like TCS and Infosys were also back on fund managers’ radar on hopes that recovery in US economy may translate to higher revenue growth.