Govt may abolish dividend distribution tax in Budget: EY
DDT has become burdensome for corporates due to various factors such as high rate, litigation on disallowance and hence the return on capital employed has significantly diminished.
Jan 15, 2018, 18:00 PM IST
Dividend tax only on dividend income above Rs 10 lakh
The new 10 percent Dividend Tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
May 06, 2016, 20:23 PM IST
China scraps dividend tax for long-term investors
Chinese investors holding a stock for more than one year will be exempted from a 5-percent dividend tax from Tuesday, a move aimed at boosting long term investment following recent stock market collapse in the world's second biggest economy.
Sep 08, 2015, 18:15 PM IST
Foreign firms likely to be allowed to claim deduction on DDT
Some announcement in this regard is likely to be made by Finance Minister Arun Jaitley in his Budget on February 28, sources said.
Feb 10, 2015, 17:17 PM IST
Govt mulls scrapping dividend tax: Report
The government is considering scrapping a dividend distribution tax in its annual budget this month, as part of efforts to boost investor sentiment, a Television channel reported on Thursday, citing unnamed sources.
Feb 05, 2015, 16:27 PM IST
