The Central Board of Indirect Taxes and Customs (CBIC) Monday came up with a series of clarifications including on the much disputed Input service distributor (ISD) mechanism and the cross charge for internally generated services.
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large
Debt mutual funds faced substantial outflows amounting to Rs 1.8 lakh crore in September, which was considerable. These outflows were primarily due to liquidity needs,
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