NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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Client Tax Obligations: Met through proper reporting and compliance.
Tax Transparency: Ensured through detailed PMS reports.
Dividend Distribution Tax: Abolished, now taxed at investor level.
Taxable Asset Classes: Include equity, debt, and derivatives in PMS.
NRI Repatriation: Allowed through NRE accounts, subject to taxes.
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