STT

16 Personal Finance Changes in Budget 2013

Union Budget 2013

Every budget changes lots of things in the personal finance space. Here is a list of 16 things that has changed for you. 1. Income Tax Slabs for FY 2013-14 The income tax slabs have largely remained unchanged for individuals. There are two major changes. People with income less than Rs. 5 Lakhs have to …

16 Personal Finance Changes in Budget 2013 Read More »

Mutual Funds: Changes in Budget 2013 – Increased DDT, Lower STT

Mutual Funds

There are two things that have changed for mutual funds in budget 2013. We discuss both one by one. I would start with the good news first. Lower Securities Transaction Tax (STT) on Mutual Funds: The securities transaction tax has been lowered substantially on redemption of Mutual Funds (MF) and Exchange Traded Funds (ETFs) from …

Mutual Funds: Changes in Budget 2013 – Increased DDT, Lower STT Read More »