April 1st Mutual Fund Brokerage Rules: How GST Changes Impact Distributors

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

New Mutual Fund Brokerage Rules from April 1: GST Changes to Impact Distributors

New Mutual Fund Brokerage Rules from April 1: GST Changes to Impact Distributors

C

CNBC TV18•26-02-2026, 15:46

New Mutual Fund Brokerage Rules from April 1: GST Changes to Impact Distributors

•Mutual fund distributors face structural shift in brokerage payouts from April 1, 2026, as GST moves outside Total Expense Ratio (TER).
•KFin Technologies (KFintech) outlined the revised brokerage mechanism for AMCs and distributors.
•SEBI's December 2025 overhaul of TER framework unbundled statutory levies like GST on management fees, STT, and stamp duty.
•From April 1, 2026, AMCs will shift to GST-exclusive brokerage rates, meaning unregistered distributors will no longer receive the embedded 18% tax component.
•Unregistered distributors, especially those below the INR 2 million GST threshold, could see an income impact of roughly 15%, though market growth may offset this.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

Representational image (Image: News18)

Karnataka Alcohol Reforms: IMFL Makers Wary, Beer Industry Cheers New Duty Structure

gst/Image News18

Bombay HC Quashes GST Cash Seizure, Redefines Tax Raid Powers

Once the income tax return is verified and processed, refunds are issued by the Income Tax Department through the State Bank of India, which handles refund disbursement on behalf of the government, according to the Income Tax Department. It is generally credited directly to the taxpayer’s pre-validated bank account linked with PAN. (Image: Canva)

India Reshapes Tax Rules: Stricter Scrutiny, Long-Term Investment Push

HEG Ltd

HEG Gets Major Relief: ₹282 Crore GST Notice Dropped for FY 2019-20

India's Tax Overhaul: Costs May Rise Despite Cleanup from April 2026

India's Tax Overhaul: Costs May Rise Despite Cleanup from April 2026

SEBI Permits Intraday Borrowing for Mutual Funds to Streamline Redemption Payouts

SEBI Permits Intraday Borrowing for Mutual Funds to Streamline Redemption Payouts