On July 9, 2015, U.S. Ambassador to India Richard Verma and Indian Revenue Secretary Shaktikanta Das signed an agreement to implement the Foreign Account Tax Compliance Act (FATCA). The agreement is designed […]
Investors can now invest up to Rs 50,000 annually in a single mutual fund per year without a permanent account number (PAN). SEBI has decided to exempt the requirement of permanent account […]
Financial sector regulators are working towards a common KYC norm for investors across financial instruments – mutual funds, stocks, bonds, bank deposits, insurance and pension plans. While SEBI has already decided to […]
Your work doesn’t stop at investing in mutual funds. Keeping track of them is as important as deciding where to invest. The account statement helps you do just that. Once you invest […]
In order to enhance compliance with Know Your Customer (KYC) norms under the Prevention of Money Laundering Act, 2002 (PMLA), it will be mandatory for all categories of investors of Mutual Fund […]
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