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Budget 2021: Amfi asks finance minister to bring tax parity between MF schemes and ULIP


Updated Dec 25, 2020 | 08:56 IST
Amfi also suggested that the government allow debt linked savings schemes (DLSS), similar to the equity linked savings schemes (ELSS), which are tax-saving plans.
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New Delhi: Mutual fund industry body Amfi in its Budget proposal has raised the need to bring parity in tax treatment for investments in different financial sector. It has asked the finance minister to bring tax parity between MF schemes and unit-linked insurance plans (ULIPs) in the forthcoming Budget. It also suggested that the government allow debt linked savings schemes (DLSS), similar to the equity linked savings schemes (ELSS), which are tax-saving plans, the ....

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