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Motilal Oswal Mutual Fund imposes exit load on three index funds

Motilal Oswal Mutual Fund has imposed exit load on its three index funds: Motilal Oswal Nifty Smallcap 250 Index Fund, Motilal Oswal Nifty Next 50 Index Fund, and Motilal Oswal Nifty Midcap 150 Index Fund. The fund house informed about this change to its unit holders by a notice-cum-addendum. The changes will be effective from …

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What is Form 26AS? How to download Form 26AS to file Income Tax Return (ITR)

Come tax season, taxpayers rush to obtain as many records as possible, including receipts for insurance premiums, investment evidence, and spending invoices. Of them all, Form 26AS is a crucial document. In addition to displaying the dates and amounts of taxes you have paid in advance, this tax document also compiles all your financial activities. …

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SEBI Amendment Regulations, 2024 under ICDR, LODR and PIT REGULATIONS | Dewan P. N. Chopra & Co.

SEBI AMENDMENT REGULATIONS, 2024SEBI via its notification dated 17th May, 2024 has amended the following regulations:- Issue of Capital and Disclosure Requirements (“ICDR”) Regulations, Listing Obligation and Disclosure Requirements (“LODR”) Regulations, Prohibition of Insider Trading (“PIT”) Regulations KEY HIGHLIGHTS OF THE SEBI (ICDR) AMENDMENT REGULATIONS, 2024: (a) Introduction of new Categories of investors for minimum …

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MSMEs are like mitochondria power engines which are boosting West Bengal’s economy, says Shashi Panja, Minister of Industries, West Bengal

West Bengal is a significant hub of MSMEs and has a dedicated department that aims to improve the sector, said Dr Shashi Panja, Minister, Industries, Commerce & Enterprises, West Bengal, at the third session of the ET Make in India SME Regional Summit in Kolkata on June 8.“West Bengal has a dedicated budget for the …

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MyGate founder Vijay Arisetty joins Aurm as founder and CEO

Mumbai: Aurm, an asset protection firm providing safe-deposit locker services, said Vijay Arisetty, a veteran of the armed forces and founder of MyGate, has joined as its founder and chief executive officer (CEO).Arisetty played a pivotal role in setting up Aurm, a company that partners with banks and real estate developers to provide safe-deposit lockers …

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ITR filing: Compare your tax outgo in old and new tax regime before finalising one for FY24

Jaipur-based marketing professional Vivek Jaiswal pays a low tax because his salary structure is fairly tax-friendly. However, he finds it difficult to pay his home loan EMI and invest in tax-saving options. TaxSpanner estimates that Jaiswal can have a surplus of almost Rs.60,000 if his salary is rejigged to include tax-free perks and if he …

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Taiwan Government invites applications from Indian innovators for the Global Ideathon Contest

The Circle FC, in collaboration with Muse Builder, hosted the curtain raiser and networking mixer for the 3rd Edition of the Ideathon Contest of the Ministry of Digital Affairs of Taiwan.The Circle: Founders Club is a business accelerator to help scale up growth-stage startups through focused mentoring, shared business services, funding support, key business connects …

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Kotak Mutual Fund, two others file draft documents with Sebi for 4 funds

Kotak Mutual Fund, Invesco Mutual Fund and Shriram Mutual Fund have filed draft documents with Sebi to launch four funds. Kotak Mutual Fund will launch an index fund, Invesco Mutual Fund a thematic fund and Shriram Mutual Fund a liquid fund and a liquid ETF.Kotak Nifty Midcap 50 Index FundThe fund will be an open-ended …

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