Management Business

This happens because the mutual fund is a separate legal form, Establishments conducted by the investment managers and custodian banks based on legal entity deed and must have basic bookkeeping and tax number. In the event of bankruptcy, you will receive back the funds saved in the bank from the payment by the Deposit Insurance Institution up to a particular value or from the liquidation of assets.

While the mutual fund, if the investment manager or custodian banks declared bankrupt, mutual fund investors will receive back their investment funds in accordance with the net asset value / last unit. Alternatively, the management or administration of these funds transferred to the investment manager or other custodian bank based on the approval of the Capital Market Supervisory Agency and Financial Institution.

A. Touching the public justice
People consider that the government was unfair to the people with taxes while raising the basic rights that should be provided by the government to the people such as security, good public services, and so can’t be met. By setting deposit interest tax provisions, interest savings, and discount the new SBI was evident that little was being blackmailed.

B. Taxes should be a bargaining tool against the government of the people.
The tax increase that you can receive should be, if the government can meet two prerequisites. Namely, the government including tax authorities can improve the quality of public services, and accountability of tax collectors apparatus can be improved.