Influencers rush to seek help on taxes to financial planning

Influencers rush to seek help on taxes to financial planning

Independent content creators who have seen a spike in their earnings are flocking to financial advisers, wealth managers and chartered accountants (CAs) to avoid tax troubles and plan investments in everything from financial instruments and real estate to startups. “The broad theme that we have learned while working on content creators’ portfolios is that the … Read more

Sebi is regulating influencers. What if they’re also mutual fund distributors?

Sebi is regulating influencers. What if they’re also mutual fund distributors?

Mutual fund distributors, registered with the Association of Mutual Funds in India (Amfi), traditionally earned commissions through direct client interactions. However, influencers are now increasingly tapping into their extensive online followings to generate leads, merging finance with social media savvy. While some rely solely on mutual fund distribution, others diversify with paid partnerships and online … Read more

Corporate affairs ministry fines Growpital ₹1.48 crore for marketing unlisted securities on social media

Corporate affairs ministry fines Growpital ₹1.48 crore for marketing unlisted securities on social media

The fine was issued under Section 42(7) of the Companies Act, 2013, which says, “No company issuing securities under this section (read: unlisted securities) shall release any public advertisement or use any media, marketing or distribution channels or agents to inform the public at large about such an issue.” Founded by Rituraj Sharma and Krishnna … Read more