Search For "dividend"
Mutual funds to deduct TDS only on dividend payments, not on capital gains
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday.
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Taxpayers will benefit from abolition of DDT, says Govt
Updated : 6 years, 1 month 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, 1 month 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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Granules India reports 10 pc rise in PAT for Q3
Updated : 6 years, 2 months ago IST
Hyderabad (Telangana) [India], Jan 21 (ANI): Granules India Ltd said on Tuesday reported a net profit of Rs 64 crore in the quarter ending December (Q3 FY20), rising over 10.3 per cent from Rs 58 crore in Q3 FY19.
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KPMG hopes for rationalisation of taxes, enhanced use of technology in com
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 21 (ANI): Professional services provider KPMG said on Tuesday the Union Budget 2020 may see a reduction in dividend distribution tax or bring about a change in the manner of dividend taxation in order to make it a shareholder-level tax.
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Wipro reports 2.2 pc dip in Q3 net income at Rs 2,460 crore
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): IT services and consulting major Wipro on Tuesday reported 2.2 per cent dip in the net income for the third quarter ended December 2019 at Rs 2,460 crore in the year-on period.
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2019 saw deepening of India's diplomatic engagement, new energy in ties wi
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 31 (ANI): India's diplomatic engagement continued with vigour in the second term of Narendra Modi government with improved ties with important countries in the Gulf paying dividends in a year when Pakistan made desperate and unsuccessful bids to internationalise int
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RITES declares interim dividend of 60 pc amounting to Rs 6 per share
Updated : 6 years, 2 months ago IST
Gurugram (Haryana) [India], Dec 30 (ANI): Government-owned RITES Ltd said on Monday its board of directors has declared an interim dividend of Rs 6 per share of Rs 10 each at a rate of 60 per cent of paid-up capital.
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CPEC not an aid to Pak but form of financing ensuring guaranteed profits f
Updated : 6 years, 4 months ago IST
Washington DC [USA], Nov 22 (ANI): US Acting Assistant Secretary for South and Central Asian Affairs Alice Wells on Thursday deemed China Pakistan Economic Corridor (CPEC) a form of financing ensuring guaranteed profits for Chinese state-owned enterprises, and pointed out that the multi-bill
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Technology can make ageing a silver dividend for Asia's economies: ADB
Updated : 6 years, 4 months ago IST
Tokyo [Japan], Nov 13 (ANI): Ageing populations can be a boon to economies in the Asia and Pacific region if governments adopt technology policies that improve elderly people's health, extend skills and working lives, and facilitate job matching, according to a new report from the Asian Deve
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Indiabulls Housing Finance Q2 profit dips 32 pc to Rs 702 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Indiabulls Housing Finance's consolidated net profit dipped by 32 per cent to Rs 702 crore in the July to September quarter from Rs 1,035 crore in the corresponding quarter of previous financial year.
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Petronet LNG Q2 profit up 90 pc on lower tax to Rs 1,089 cr
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 30 (ANI): Petronet LNG Ltd has reported 90 per cent jump in its net profit at Rs 1,089 crore during the July to September quarter compared to Rs 573 crore in the same period of the previous fiscal year.
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