Sun, December 1, 2024

[ Sun, Dec 01st 2024 ]: Bill Williamson

3 Mega-Cap Stocks to Buy Before They're Worth $1 Trillion

[ Sun, Dec 01st 2024 ]: Bill Williamson

GST assessment order served to old address is not valid service of order: Madras HC

[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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[ Sun, Dec 01st 2024 ]: Bill Williamson

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Sat, November 30, 2024

[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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[ Sat, Nov 30th 2024 ]: Bill Williamson

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Fri, November 29, 2024

[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

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[ Fri, Nov 29th 2024 ]: Bill Williamson

India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act

Why stamp duty on mutual fund registration?

Recently, I have explored various articles, interviews, and roundtable discussions that delve into the current state of the mutual fund industry in Bangladesh. Insights from knowledgeable professionals and industry veterans have highlighted several challenges and offered constructive suggestions for improving the overall landscape.
The article from TBS News discusses the implications of the stamp duty imposed on mutual fund registration in Bangladesh. It highlights how this tax, which was introduced in the Finance Act 2023, has negatively impacted the mutual fund industry by increasing the cost of registration, thereby reducing the attractiveness of mutual funds as an investment option. The duty, set at 0.15% of the fund's total value, adds a significant financial burden on Asset Management Companies (AMCs) and ultimately on investors. The article argues that this tax contradicts the government's goal of promoting capital market development and financial inclusion, as it discourages investment in mutual funds, which are crucial for mobilizing savings into productive investments. It suggests that the government should reconsider this policy to foster a more vibrant capital market, potentially by removing or reducing the stamp duty to encourage investment and support economic growth.

Read the Full tbsnews Article at:
https://www.tbsnews.net/thoughts/why-stamp-duty-mutual-fund-registration-1006596