DDT change: Distribution of surplus funds to change, too
Distributing dividends was subject to DDT at an effective tax rate of 20.56 per cent.
Coal India to pay ₹7,395 crore interim dividend
At present, the government holds 66.14% in Coal India and would be entitled to Rs 4,891 crore...
MNCs scrutinising tax treaties to gauge DDT outgo
Many are trying to find out if the status of most favoured nation would lead to additional ...
Coal India has ability to pay dividend of Rs 10,000 crore
The government has sold 4.8 per cent stake in the company for Rs 5,700 crore in two tranches.
Sebi welcomes Budget announcement on DDT
"It is a movement in the right direction," says Sebi chief Ajay Tyagi.
Proposed dividend distribution tax on InvITs, REITs may hit six planned trusts
The proposed tax framework in the Budget 2020 could also bring the proposed REITs including K Raheja; Blackstone , Brookfield and Prestige Estates, to a grinding halt.
DDT to go in FY20-21: Should you bet on dividend yield stocks, mutual funds now?
The dividend yield of several companies could jump in the short term following the abolition of DDT.
View: Rid dividend tax of all uncertainty
A company is now required to pay DDT within 14 days from the date of declaration, distribution or payment, whichever is the earliest.
DDT: Gain for big payers, pain for owners
MNCs among biggest beneficiaries as they received no credit for DDT paid by their Indian arms, say analysts.
DDT is gone! Big Budget move for stock markets
DDT is a surrogate tax and it obstructs the flow of FDI. Doing away with this tax can give a major push to investment.
'Budget proposals on DDT, personal tax not to impact mutual fund industry'
After the Union Budget was presented on February 1, there had been some apprehensions on the growth of MF sector in the coming days.
Lack of clarity over date for dividend tax worries Street
The law has left a gap for overzealous tax officers to interpret.
Amfi seeks clarification from tax authorities on removal of DDT, TDS introduction
Industry experts believe that the government's plan to tax dividend at the hands of investors could make dividend plans in equity and balanced schemes unattractive.
Dividend income becomes taxable in receiver's hands, DDT abolished
Currently, DDT is paid by the companies before paying a dividend to their shareholders. Therefore, it made a dividend received by the shareholders of the company of tax-free in their hands.
DDT removed: What different mutual fund investors should do to maximise gains
The dividend will become taxable in the hands of investors from April. Here's how it impacts investors.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service