Amfi Proposals for Tax Changes: What It Means for Debt Funds and Retirement Schemes
Thursday, 11 July 2024, 15:41
Amfi Proposes Tax Changes for Debt Funds
The Association of Mutual Funds in India (Amfi) recommends tax modifications that could impact the functioning of debt funds.
Introduction of Retirement Scheme linked to Mutual Funds
Amfi suggests a retirement plan integrated with mutual funds, providing NPS-like exemptions and a debt-linked equity scheme.
Enhancing Investment Landscape
The proposed changes aim to create opportunities for investors and strengthen the financial markets.
Conclusion
The proposals put forth by Amfi could have a significant impact on the investment strategies and retirement planning of individuals.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.