India’s Finance Minister, Nirmala Sitharaman, announced the removal of the Angel Tax in the Union Budget 2024 as a way to provide significant relief for startups in India. This move is poised to foster innovation and encourage investment, addressing a longstanding challenge faced by the Indian startup ecosystem. Let’s delve into the details of the Angel...Read More
Balanced Advantage Funds (BAFs) are hybrid mutual funds that dynamically adjust their equity and debt allocation based on market conditions. These funds aim to maximize returns while minimizing risks, making them an appealing choice for investors. Let’s delve into the specifics of BAFs, their benefits, and why they might be a smart addition to your...Read More
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, significantly contributing to GDP, exports, and employment. This blog explores the crucial role MSMEs play, government support, budget allocation, and their impact on job and wealth creation. Importance of MSMEs in India Contribution to GDP MSMEs contribute nearly one-third to India’s GDP. Their...Read More
The Union Budget of 2024 has been a much-anticipated event, especially for mutual fund houses across India. A significant area of focus is the potential reform of capital gains tax, which has featured prominently in the wishlists of Asset Management Companies (AMCs). This blog will delve into the current state of capital gains tax, the...Read More
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