<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Statement of Financial Transaction (SFT) for Mutual Fund Transactions - Frequency for submitting the statement and Minimum period of holding for different assets classes, modified</title>
    <link>https://www.taxtmi.com/notifications?id=141142</link>
    <description>SFT reporting for mutual funds is amended to require half-yearly submission of data by Registrar &amp; Share Transfer Agents from the effective date, replacing quarterly reporting. The corrigendum also clarifies minimum holding-period treatment and introduces an equity-allocation threshold: funds exceeding the threshold must report that fact, while funds not meeting the threshold will be classified as short-term capital assets for tax purposes; the same reporting/ classification regime applies across specified security classes.</description>
    <language>en-us</language>
    <pubDate>Wed, 15 Nov 2023 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 21 Nov 2023 13:59:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=732504" rel="self" type="application/rss+xml"/>
    <item>
      <title>Statement of Financial Transaction (SFT) for Mutual Fund Transactions - Frequency for submitting the statement and Minimum period of holding for different assets classes, modified</title>
      <link>https://www.taxtmi.com/notifications?id=141142</link>
      <description>SFT reporting for mutual funds is amended to require half-yearly submission of data by Registrar &amp; Share Transfer Agents from the effective date, replacing quarterly reporting. The corrigendum also clarifies minimum holding-period treatment and introduces an equity-allocation threshold: funds exceeding the threshold must report that fact, while funds not meeting the threshold will be classified as short-term capital assets for tax purposes; the same reporting/ classification regime applies across specified security classes.</description>
      <category>Notifications</category>
      <law>Income Tax</law>
      <pubDate>Wed, 15 Nov 2023 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=141142</guid>
    </item>
  </channel>
</rss>