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Union Budget 2014 News


Mutual fund distributors' commission rises by 9% in FY'14
Income earned by distributors from selling mutual fund schemes surged 9 percent to a staggering Rs 2,572 crore in 2013-14, driven by improved market conditions, even as their number fell during the year. According to latest data available with Association ...
Mutual funds seek SEBI intervention on Budget tax proposals
Concerned that some budget proposals may hit the mutual funds hard, industry body AMFI is taking up this matter with SEBI, requesting intervention of the capital markets regulator in this issue. Finance Minister Arun Jaitley last week in his budget ...
Budget sets tone for higher growth trajectory, job creation
New Delhi: India Inc on Thursday welcomed the Narendra Modi government's maiden budget, saying it sets the tone for attaining higher growth trajectory, job creation and attracting much-needed investments for an economy grappling with multiple challenges. "I think the approach ...
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