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Dividend Distribution Tax To Be Removed
Finance Minister Nirmala Sitharaman said at the Union Budget 2020-21 presentation that the Dividend Distribution Tax (DDT) will not be required to be paid by companies. Tax rules will be tweaked to make it dividend taxable in the hands of the ...
Tax Implication On Equity To Likely See An Overhaul: Report
To further improve market sentiment, the government is mulling over changes in income tax implications on equity investment, reported a leading business channel, citing sources. As per the report, different taxes that apply on equities such as long term capital gains ...
Govt Set To Tweak Dividend Distribution Tax Rules
In its annual budget, the government announced that those promoters holding shares through private trusts will have to shell out a DDT of 10% on dividend income that exceeds Rs. 10 lakh. With it, the regime in respect of the withholding ...
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