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Are fund units liable to the wealth tax?

fund liable tax units wealth
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Are fund units liable to the wealth tax?

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10

No. Units issued to overseas investors will not be treated as assets as defined under section 2(ea) of the Wealth-Tax Act, 1957 and hence will not be liable to wealth tax. If you are NRI & want to start your Investments than don’t miss the opportunity and do avail the Special Kit made for NRI. For more Details Please click.

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