NISM 5B Mutual Fund Foundation Certification Exam Notes
Page 94 Of 121
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STT Collection: Deducted at redemption by the AMC.
Stamp Duty Rates: As per Indian Stamp Act amendments.
ELSS Investment Limit: Rs. 1.5 lakh under Section 80C.
GST Payment: Distributors bear GST, not passed to schemes.
Tax Documentation: Investors must provide tax-related documents.
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