AMFI- Association of Mutual Funds in India BUDGET
PROPOSALS FOR FY 2018-19 Compliance under Sec.195(6)
of the Income Tax Act, 1961 and Rule
37BB of the Income Tax Rules, 1962 Background As per Section 195(6), a person
responsible for paying any sum to a non-resident individua…
Showing posts with label MF - AMFI. Show all posts
Showing posts with label MF - AMFI. Show all posts
BUDGET PROPOSALS 2018-19 AMFI MF Units to be notified for as Long-Term Specified Assets for exemption on LTCGs under Sec. 54 EE
AMFI- Association of Mutual Funds in India BUDGET
PROPOSALS FOR FY 2018-19 Mutual Fund Units to be
notified for as Long-Term Specified Assets for exemption on Long-Term Capital
Gains under Sec. 54 EE Background In the Finance Act 2017, a new
Section 54EE has been inserted in …
AMFI BUDGET PROPOSALS 2018-19 Alignment of Tax Treatment for Retirement / Pension Schemes of Mutual Funds and National Pension System.
AMFI- Association of Mutual Funds in India BUDGET
PROPOSALS FOR FY 2018-19 Alignment
of Tax Treatment for Retirement / Pension Schemes of Mutual Funds and National
Pension System . Background In 1996, Sections 54EA and 54EB
were introduced under the Income Tax Act, 1961 with a …
MF Utility : Launch of “eCAN”
MF
Utility : Launch of “eCAN” MF
Utility, operational since January 2015, offers many conveniences to the
investors and distributors. By opening a CAN (Common Account Number) offered by
MF Utility, the single account for the Mutual Fund Industry, investors and
their adviso…
Mutual Fund Best Practices Guideline April 2015 by AMFI
Mutual Fund Best Practices Guideline by AMFI Association of Mutual Funds in
India (AMFI) recently issued a ‘Best
practices guideline circular’, which said the new rules will be implemented
from April 1, 2015 subject to review after three (3) months. 1. Members should pay …
AMFI INDIA: New Chairman Sundeep Sikka, New Vice Chairman A Balasubramanian
Mr. Sundeep Sikka, Chief Executive, Reliance Mutual Fund has been
re-elected as the Chairman of AMFI ( ASSOCIATION OF MUTUAL FUNDS IN INDIA ) for the second term. Mr. A Balasubramanian,
Chief Executive Officer & CIO, Birla Sun Life Mutual Fund has been elected
as the Vice …
AMFI Urges Indians to Save Money Through Mutual Funds..
Kick-starts a multicity radio campaign “Mutual Fund – Savings Ka Naya
Tareeka” With an aim to expand the mutual fund investor base
across India, AMFI (Association of Mutual Funds in India) has commenced a
multi-city radio campaign. The campaign will spread across 20 Tier I …
AMFI Launches District Adoption Programme for Investor Awareness
As part of its initiative to create awareness among investors, Association of Mutual Funds in India (Amfi) on Thursday launched a ‘district adoption programme’, under which 200 districts will be adopted in the first phase by 31 fund houses. AMFI Chief Executive Mr. H.N. Sino…
AMFI Registration Number Fee Waiver Extended till March 2014..
Association of Mutual Funds in India (AMFI) has extended the AMFI Registration Number (ARN) fee waiver period till March 2014. ARN licenses are valid up to three (3) years. In order to expand the distributors network, AMFI had started issuing ARN free of cost to individuals…
Mutual fund transactions : AMFI to set up new portal, MF Utility
Indian mutual fund trade body AMFI (Association of Mutual Funds in India) plans to launch a portal, MF Utility, next financial year (2012-13) that will facilitate transactions by customers, distributors and financial advisers in schemes offered by various asset management …
AMFI: Offer MF Details in E- Format..!
The Association of Mutual Funds in India (AMFI) recently launched an electronic form of MF (mutual fund) common account statements (eCAS). AMFI said in a statement, "Mutual fund houses, in collaboration with AMFI have started issuance of mutual fund common account state…
SEBI seeks to reduce number of funds
Indian stock market regulator SEBI has asked recently mutual fund companies to disclose the performance of all schemes managed by a single fund manager. Consolidation of schemes
This pressure tactic is one of the attempts by the regulator to bring about a consolidation o…
