https://www.taxtmi.com/news?id=4851 The Finance Bill 2013 proposes parity of taxation by subjecting distributed income from an IDF-Mutual Fund and interest paid by an IDF-NBFC to non-residents to the same tax rate of 5 percent, and proposes that an investor protection fund created by a depositor to protect beneficial owners' interests shall be exempt from income tax. en-us Thu, 28 Feb 2013 14:19:04 +0530 Thu, 28 Feb 2013 14:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4851 The Finance Bill 2013 proposes parity of taxation by subjecting distributed income from an IDF-Mutual Fund and interest paid by an IDF-NBFC to non-residents to the same tax rate of 5 percent, and proposes that an investor protection fund created by a depositor to protect beneficial owners' interests shall be exempt from income tax. News - Thu, 28 Feb 2013 14:19:04 +0530 https://www.taxtmi.com/news?id=4851