The financial industry in India is seeing some unusual and even some unprecedented events due to COVID19. As everyone is trying to maintain some sanity, Franklin Templeton takes an unexpected step by closing six debt fund schemes. This has definitely shaken up the Indian Mutual Fund industry.
Here’s our take on what lead FT to take this step.
Indian diaspora is one of the largest in the world. Your friend might be working abroad or your aunt lives abroad–we all are connected to NRIs one way or another.
Given the current changes in the Budget, NRIs need to be aware of the new tax regulations.
We have created a quick reference tax reckoner for all NRIs.
Anyone invested in mutual funds?
Budget 2020 brought in many changes to the way MF investments are taxed. Check out our handy tax reckoner to provide you on general guidance for the upcoming changes.