Latest Updates on mutual funds | Rajput Jain & Associates

Mutual Funds Co. Facing GST tax Demand on Exit Loads

Mutual Funds companies are Facing Goods and Services Tax Demand on Exit Loads Despite the GST dept issue the clarification in 2018 stipulating that Goods and Services Tax must be levied at 18 percent on exit loads, many Company have not complied with this directive, Central Board of Indirect Taxes and Customs stated in 2018 that …

Personal Finance

Which is a better option: STOCK or MUTUAL FUNDS?

Taxation change in Investing in Mutual Funds Which is a better option: STOCK or MUTUAL FUNDS? Over 1 crore of new Demat accounts was opened in the previous year. Just 49 lakh demat accounts were opened in 2019 in order to bring that into perspective. There is no doubt that interest in equities has spiked …

Income Tax

Which is a better option: Stock or Mutual Fund ?

Which is a better option: Stock or Mutual Fund ? Over 1 crore of new Demat accounts was opened in the previous year. Just 49 lakh demat accounts were opened in 2019 in order to bring that into perspective. There is no doubt that interest in equities has spiked with the financial markets back to …