Mutual Fund

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  1. Abhisekh

    Abhisekh New Member

    If I want to start a business as a mutual fund agent, what is the procedure and what % of tax i have to pay when submitting it return?

    INVESTURU Member

    For becoming a mutual fund agent, firstly you have to qualify exam as conducted by National institute of security management. for this, you can also apply on its' official website.
    Secondly, it depends upon your income that how much income tax you will have to pay, subject to slab rates applicable on you.
    Your income will be taxable under the head income from others sources, if you receives a commission, otherwise taxable under the head income from Business...
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