TDS on mutual fund earning. #shorts #finance #mutualfunds #income

A man spends 15%, 20% & 25% of his monthly income on mutual funds, travelling & medicines respectively and remaining of the income on households. If the difference between expenditures on households & mutual funds is Rs. 16,800 then calculate his monthly income.

A man spends 15%, 20% & 25% of his monthly income on mutual funds, travelling & medicines respectively and remaining of the income on households. If the difference between expenditures on households & mutual funds is Rs. 16,800 then calculate his monthly income.

Statement: Although launched with great fanfare, private mutual funds have performed badly. Courses of action: I. Private mutual funds should be banned. II. Operations of mutual funds should be controlled by the government. III. Mutual funds should be given the government's protection.