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Investors Beware: Mutual Fund Companies Hit Hard by New Tax Law and Expense Ratio Limits

So far in 2023, asset management companies listed on Indian stock exchanges have lost 20-32% of their value as several stricter regulatory norms affect their profit margins. A change in the tax structure for debt funds, increased competition and stricter tax expense ratios (TER) are some of the factors affecting mutual fund companies. Among the

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Cloud Computing Cryptocurrency Digital Money Economic & Finance Laws & Taxes Market Overview

New tax laws negatively impact cryptocurrency this week

As per CoinMarketCap, Bitcoin dipped over 8% in the past week. The new tax laws severely impacted cryptocurrency.  While the 30% tax on crypto came into effect on April 1, the 1% TDS deduction will take effect from July.  The first week of April witnessed a negative impact on BNB, Bitcoin, Shiba Inu, Ethereum, Litecoin,

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