Principal Mutual Fund has approved the declaration of dividend under the dividend option of Principal Pnb Fixed Maturity Plan 91D Series XXIII.
The AMC will be distributing the entire available distributable surplus as dividend. The record date is December 8, 2010.
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Zero tax for foreigners, a tax on inflation for Indians
SEBI wants foreign investors freed from capital gains tax. The Indian saver who stayed while they sold still pays it on gains that are partly just inflation.
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