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#MarketsWithMC | An increasing number of high-networth individuals are migrating from portfolio management schemes (PMS) to Alternative Investment Funds (AIF).

Are tax filing complexities forcing HNIs to make the switch?

Find out 👇
https://www.moneycontrol.com/news/business/markets/are-tax-filing-complexities-forcing-hnis-to-ditch-pms-and-opt-for-aifs-12829893.html?telegram

Moneycontrol

Are tax filing complexities forcing HNIs to ditch PMS and opt for AIF?

Filing income tax returns in a PMS scheme can be a cumbersome process as all transactions occur in the investor's own demat account, which means that every trade executed by the fund manager triggers a tax event for the individual.

www.tgoop.com/moneycontrolcom/95659

12.3K viewsSep 26 at 06:45

#MarketsWithMC | An increasing number of high-networth individuals are migrating from portfolio management schemes (PMS) to Alternative Investment Funds (AIF).

Are tax filing complexities forcing HNIs to make the switch?

Find out 👇
https://www.moneycontrol.com/news/business/markets/are-tax-filing-complexities-forcing-hnis-to-ditch-pms-and-opt-for-aifs-12829893.html?telegram

BY Moneycontrol