Why IFA community always suffersNo. of comments:7 CHANDRASHEKHAR, nashik, 15259 On 10-Jul-2017

why we should pay GST when ultimately client has to pay.A manufacturer is paying in every industry or rather he is passing on to the client.Why we distributor or IFA community soft target.18% is not a small amount when below 20lakh brokerage is coming. why should we became Victim of SEBI who is saying don't pass on too much burden to the client.AMC is saying we are not allowed to increase expense ratio which 18% they easily ready to absorb. In which industry intermediatory is paying taxes. We are paying professional tax then why again 18%.The insurance industry is passing on to the client.FIFA is silent IFA Falaxy is mute on such Important topic.who has time to collect Invoice from all AMC & upload every month to GST website for compliance.I request all IFA raise the voice. against GST & demand make it applicable to ND & big IFA who are earning more than 1cr monthly commision

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Comments Posted
ESWARLAL N K ARN NO :91916 MADURAI, 12 Jul 2017

Don''t IMPOSE additional burden for GST in the heads of IFA.

Sachin thorat ARN NO :106531 Nashik, 12 Jul 2017

Very correctly said ..everyone is getting protected except Ifas bce they are individuals...and not organisation... its injustice to ifas...specially Small n medium size

AMBADAS PUNJA BORADE ARN NO :49054 NASHIK, 12 Jul 2017

Good

Stanislaus Dsouza ARN NO :40706 Shirva (Udupi), 12 Jul 2017

We, IFA community always suffer because there is no AMC stands with us, as LIC stands with their agents.

Asit Kumar ARN NO :25473 Jamshedpur, 12 Jul 2017

You are right.

AKHILESH KUMAR DWIVEDI ARN NO :110966 GORAKHPUR, 12 Jul 2017

BELOW.20.LAKH GST.RESGASTISON .KRANA.HAI.K1EY

prabhat shrivastava ARN NO :119487 Jabalpur , 12 Jul 2017

I am registered with angel Broking pvt ltd asARN I have invested my own fund through angel Broking but they are not releasing MONTHLY TRAIL AMOUNT SAYING that ARN can not get commission on his own deposit in mutual funds through his own ARN Code as per AMFI RULES. Kindly clear this whether ARN is entitled for commission on his own deposit through his own ARN CODE

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