H&M clocked sales of 460 crore in the six-month period compared with 445 crore during December 2015 -November 2016, the financial year it follows, according to a report on its website. With about 16 stores each generating an average of 16 lakh per day.
FATCA, or the Foreign Account Tax Compliance Act, is a US tax initiative that requires all financial institutions, including Indian mutual funds , to re port financial transactions of US persons, or entities in which US persons hold a substantial.
July 1956: Forbes is the first magazine to launch an Annual Report on mutual funds, including performance grades ... the share-economy as a new disruptive threat in a myriad of industries from hotels to car rentals. September 2015: In “Money’s New.
Mumbai: The headquarters of NJ India Invest ... into equity funds as the fund houses launched funds one after another. As per data provided by Amfi, mutual funds collected Rs3.70 trillion between financial years 2003-04 and 2007-08. New fund offers.
The ED had attached assets worth Rs 13 crore of the PPL and mutual funds worth Rs 70.17 crore of the IPRS in connection with the case's investigation in 2016. Mumbai: The ... The raids were part of the ED's probe into the 2015 Prevention of Money.
Focus on intrinsic value, buy businesses with sound fundamentals trading at reasonable valuations or below fair value. That's the Prashant Jain investment philosophy. In a wide ranging interaction with ET, the CIO of HDFC Mutual Fund , talks about how.
The Enforcement Directorate had in March 2015 registered a criminal case under the PMLA against the Indian Performing Right Society Limited (IPRS) and the Phonographic Performance Limited (PPL) on the basis of complaints and police FIRs alleging "gross.
Besides, Sebi said "such portfolio manager, alternative investment fund or mutual fund shall invest in India through the foreign portfolio investor route". The markets watchdog, in March 2015 , had issued a detailed set of guidelines for establishing.
In simple terms, for every single investment (lumpsum or SIP) in equity mutual fund schemes, you do not pay tax if the holding period of the units is greater than a year. You have to pay 15 per cent of your profits (short term capital gains) towards.
ICICI Prudential Value Discovery Fund - SIP: Rs 1,000/Month; Start Date: 9-Apr- 2015 ... In the end you will have only three SIPs in following funds : L&T India Value Fund - Rs 5,000, Franklin India Bluechip Fund - Rs 6,000 and HDFC Tax Saver - Rs 2,000.
After shouting myself hoarse for years about how great investing in mutual funds is, specially for committed long-term investors, why would I advise friends against doing exactly that? The simple reason is these particular investors are trying to.
Mutual ... 2015. While the journey started with allocating through the existing MF route, in the quest of adding to equity allocation, wealth/relationship managers have been inducing them to invest in new products being showcased on a continual basis. As.
NEW DELHI: Prime Minister Narendra Modi tonight hailed the Indian women cricket team for its performance in the World Cup final which it lost, saying the players gave their best. Modi, who had wished the team luck before today's final match against.
It exclusively holds public performance and radio broadcasting rights for over five lakh songs in the country. The agency had last year attached assets worth Rs 13 crore of the PPL and mutual funds worth Rs 70.17 crore of the IPRS in this case. During.