Mutual Funds Facing GST Notices for Exit Load; Anticipated Tax Recovery Exceeds 150 Crore

Exit load is a fee levied by Mutual Fund firms when investors redeem or sell their units before the lock-in period expires. In a recent development, the Directorate General of Goods and Services Tax Intelligence (DGGI) has issued show-cause notices … Continue reading Mutual Funds Facing GST Notices for Exit Load; Anticipated Tax Recovery Exceeds 150 Crore