Budget 2020: Government Proposes 10% TDS On Mutual Fund Income Above Rs 5,000
A roadside vendor places Indian rupee notes in a plastic container at his footwear stall in the Sitabuldi market in Nagpur. (Photographer: Dhiraj Singh/Bloomberg)

Budget 2020: Government Proposes 10% TDS On Mutual Fund Income Above Rs 5,000

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The returns on investments in mutual funds may reduce as the Narendra Modi government has proposed a tax on the income distributed by asset managers to unitholders.Finance Minister Nirmala Sitharam...
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