NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • NRI Tax Benefits: Limited compared to resident investors.
  • Taxable Events: Include sales, dividends, and interest in PMS.
  • Reporting Frequency: Quarterly and annual tax reports provided.
  • ITR Filing: Relies on accurate PMS tax reports.
  • Taxable Gains: Adjusted for holding period and asset type.

NISM PMS Distributors ( NISM 21A )

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