[ad_1] Last Updated: May 20, 2023, 02:35 IST Angel tax is a commonly used term for tax imposed when shares of an unlisted entity are issued to an investor at a price more than its fair market value. Angel tax is a commonly used term for tax imposed when shares of an unlisted entity are … Read more
[ad_1] MUMBAI: India’s market regulator will direct brokers and mutual funds to limit the use of financial influencers in advertising and marketing campaigns, according to two people with direct knowledge of the matter.A surge in retail investors in equity markets during the Covid-19 pandemic led to a proliferation of influencers pushing financial advice on social … Read more
[ad_1] MUMBAI: India’s market regulator is planning to permit a new category of mutual fund schemes where asset managers’ charges will partly be linked to performance, according to an official document reviewed by Reuters and a source directly familiar with the matter.As part of the proposal, the Securities and Exchange Board of India (Sebi) wants … Read more
[ad_1] NEW DELHI: L&T Mutual Fund ceases to exist as a mutual fund, capital markets regulator Sebi said on Monday.This comes after L&T Mutual Fund Trustee Ltd had informed Sebi that it wanted to surrender the registration granted to L&T Mutual Fund (L&T MF) by the markets regulator pursuant to the approval of change in … Read more