Monthly Archives: June 2022

Nomination for Mutual Fund Units

Posted on June 23, 2022

SEBI directs AMCs to provide an Option for filing Nomination or Opting out for Mutual Fund Units Background: The Securities and Exchange Board of India (SEBI) vide its circular dated June 15, 2022 has made it mandatory for all the … Continue reading →

Posted in Regulatory |

Section 194R – TDS on Benefit or Perquisite

Posted on June 17, 2022

Finance Act 2022 inserted a new section 194R in the Income Tax Act, 1961 (hereinafter referred to as “the Act”) with effect from 1st July 2022. Summary of Section 194R is as under: Personal Responsible to deduct tax – Any … Continue reading →

Posted in Direct Tax |