Understanding Section 115BBB of the Income Tax Act: Tax on Income from Units of Open-Ended Equity-Oriented Funds

Section 115BBB of the Income Tax Act provides insights into the taxation of income derived from open-ended equity-oriented funds, such as those offered by the Unit Trust of India (UTI)…

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Read more about the article Understanding the Amendments to Specified Mutual Funds under Section 50AA of the Income Tax Act: Implications and Clarity
TAX ON MUTUAL FUNDS

Understanding the Amendments to Specified Mutual Funds under Section 50AA of the Income Tax Act: Implications and Clarity

In the ever-evolving landscape of financial regulations, staying updated with the latest amendments is crucial for investors and financial advisors alike. One such significant amendment was introduced by the Finance…

Continue ReadingUnderstanding the Amendments to Specified Mutual Funds under Section 50AA of the Income Tax Act: Implications and Clarity