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Sebi's Proposal On 'TER' to Curb Mis-Selling, Bring In Transparency

Sebi's proposed sweeping changes to mutual funds' Total Expense Ratio (TER) will curb distributor practices of unnecessary switching of schemes and pushing new fund offerings for higher commissions, experts said on Friday. TER accounts for the fees and expenses charged by ...

Govt Raises Duty On Platinum, To 15.4% To Curb Import

The government has raised the customs duty on precious metal platinum to 15.4 per cent from 10.75 per cent in a bid to curb its import. According to a notification of the Finance Ministry, the revised import duty on platinum of ...