NISM 21B Portfolio Managers Exam Notes

Page 79 Of 168

Go to:

  • Tax Reporting: PMS provides tax statements.
  • Indexation Benefit: Applies to debt, real estate.
  • STT: Securities Transaction Tax on equity trades.
  • Tax on Derivatives: Treated as business income.
  • PMS Taxation: Gains taxed per asset type, period.

NISM 21B Portfolio Managers

Copyright 2025 - MODELEXAM MODELEXAM®