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New stamp duty on Mutual fund Tag

SEBI recent announcement on new Stamp Duty Charges

byNidhi ManchandaSeptember 22, 2020

Recently in the last couple of months, SEBI has issued some circulars to bring in about some changes in the area of mutual funds. These are an imposition of stamp duty on mutual funds, new rules for Multi cap funds, Change in margin system and modifying NAV rules for mutual fund schemes. Let us discuss the first one in detail in today’s blog. Stamp duty to be applicable on mutual fund –...