"We trust that you will avoid using harsh language and will refrain from making unsubstantiated allegations against individuals and firms. Your constructive feedback and opinions are very valuable to all of us in the industry. "
Congrates Great Team FIFA
Congrats Fifa team
CONGRATS
Great effort, good intent. We are with you sirs at FIFA.
Recommend from FIFA for Tax relaxation in Long term capital gain is genuine . Business of MF in small town like my town Sujangarh is much effected.
hope to get all requests
Good job FIFA!. Please apply gentle but relentless pressure on these issues, only then we may get results. If I might suggest, kindly obtain representations by each individual IFA to their respective state associations & in turn forward it through FIFA. More the merrier. At least as of now the present F.M. is a person who gives a listening ear. Lets hope for the best!
We should do all the things what ever we can do before the Finance Ministry, AMFI and SEBI from the forum like FIFA to protect the investor interest, survival of industry and distributors etc. Representation to FM was outstanding with very carefully chosen words. I do agree that " in unity is strength." Though we didnt get the desired result but we should do what ever we can in a systematic and unyielding manner.
Mr yogesh sharma you had done useful dias befroe IFA . in india most of clubs/sanstha established. they worked very well but good result yet to be awaited from AMFI, SEBI, our request is FIFA do the work for our society in +ve think. your representation before F ministry is very nice . we hpoe we get something as well as our Valuable Investor
FIFA has given appropriate representation to finance minister & hope finance minister will give a serious thought to the request.
I AGREE & SUPPORT FIFA VIEW ON DEBT FUND TAXATION ISSUE & APPRECIATE THEIR EFFORTS FOR INDUSTRY PROBLEM & ISSUES.
Congrats to FIFA team,
Cong., Very good keep it up.
Thank you all for the support and kind words. The more the members in FIFA, the more impact we can make at Finance Ministry, SEBI and AMFI. My earnest request is for each and every one of you to please become a member of FIFA through our website www.fifaindia.org. Details of all our representations and activities so far are listed on the website along with membership details. Please remember, in unity is strength.
thanq sir you did splended job ill 100% support u
Letter with appropriate language.Fevourable decision expected.
Very useful suggestions, hope they will think about the small investor. All the best for ur suggestion
The suggestions is very useful for retail investor as well as distributor/IFA.
sir the move is good problem not only tax problem is direct NAV different once we given the business to AMC the next business go to direct we are in this business in last 15 years this is the our income. that is the problem for us if any body take is issue to F.M. we that is good for the all IFAs
The ultimate aim of the Govt. is to bring back the retail money to Banks as Fixed Deposits. Hence, the proposed taxation may prevail. However, FM should consider extending the applicable date as retail investors are hit very badly.
Very useful suggestions, and recommendation all the best.
Very valid and pertinent points have been brought out in the letter. It is the babus who draft the buget and seem to have blundered in the language. As pointed out in the letter I hope that the FM makes the necessary correction as requested in the letter. Also the other debt funds than the FMPs should be treated as before for taxation as in the letter.
very useful
Well done FIFA, it shows that you are truly concerned and that these concerns have been brought to the notice of the Finance minister himself. I would request all active distributors to join FIFA and add strength to this pan India body which represents distributors and investors interest.
EXCELLENT FIFA......
I feel FIFA is concerned for HNI and Corporates. India has population of 130 crores. Please think seriously the reasons only Rs 175000cr of equity AUM. Your attitude shows small distributors should leave mutual fund Industry. Kindly find out why small investors are not investing in MUTUAL FUND and equity market.
Very good representation to the FINANCE MINISTER. As the percentage of retail investors is very small in Debt funds, the recent change in taxation should be applicable to only Corporate Investors and not to Retail Investors
thanks to mr.Dhruv mehta,filling retil invesrors also financial advisors to chalange this sick industries,
Very well presented. Have we also sent a copy to AMFI and SEBI? Do we have statistics to show that non FMP non duration pdts also clubbed under debt have higher individual participation as compared to FMPs? If so we she present that also.
Well articulated message to the FM and hope he listens to problems and effects a change to the original proposal in the final bill. Sincere thank to Mr Dhruv and other members of FIFA for pursuing this