Cap on overseas invts by individual MF's may go!!



The cap on overseas investments by individual mutual funds is likely to be removed.A finance ministry official said on Wednesday that the government and the Reserve Bank of India (RBI) have decided to do away with the ceiling. Currently, Indian mutual funds are allowed to invest up to $200 million o
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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