Search For "abolition of dividend distribution tax"
Budget reforms to boost investment in equity markets
Updated : 6 years, 3 months ago IST
New Delhi [India], Feb 10 (ANI/NewsVoir): Finance Ministry in this budget proposed to abolish Dividend Distribution Tax (DDT). With the abolition of DDT, people with income up to Rs 5 lakh will not have to pay tax on dividend income.
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Taxpayers will benefit from abolition of DDT, says Govt
Updated : 6 years, 3 months ago IST
New Delhi [India], Feb 2 (ANI): The government on Sunday said that all taxpayers would benefit from the abolition of Dividend Distribution Tax (DDT) as the "tax to be paid by them on their dividend income would be less than what they were earlier paying indirectly through DDT."
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Govt abolishes DDT, pegs revenue loss at Rs 25,000 crore
Updated : 6 years, 3 months ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday announced the abolition of dividend distribution tax (DDT), a move that will result in revenue foregone to the tune of Rs 25,000 crore.
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