In the Union Budget speech today, it was announced that the government has increased the Foreign Direct Investment (FDI) limit in the insurance sector from 74% to 100%. This step is expected to bring ...
SEBI Chairperson Madhabi Puri Buch said that the market regulator will reintroduce a new combo product in which it will allow bundling of term insurance cover with mutual funds, according to a few ...
The industry experts believe that market will continue to see outflow while stocks with better fundamentals will remain the industry’s favorites.
The Union Budget presented by the FM introduces new measures, modifies old norms and extends time limits to further enhance the business activities in the IFSC.
However, since Cat I and Cat II are pass through vehicles, there will be no tax at a fund level. Investors will have to pay ...
Investors investing more than Rs.2.50 lakh in ULIPs will have to pay capital gains tax on redemption proceeds.
The most remarkable aspect of the Union Budget 2025 is the bold revisions in the Income Tax slabs and rates which significantly benefits the middle class and has a direct positive impact on ...
In fact, in mutual funds, KYC data of new clients has to be uploaded within 7 days of validation of the KYC status. Also, KRAs have started putting KYC details of existing clients and it will be ...
The government has proposed introduction of a tax rebate for individuals having taxable income of up to Rs.12 lakh per annum in the new tax regime. If we include standard deduction of Rs.75,000, ...
Kotak MF has launched Kotak MSCI India ETF, an open-ended exchange traded fund which aims to replicate or track the MSCI India index.