It’s safety first as funds buy low beta, high dividend yield stocks during selloff
Fund managers top stock picks were public sector undertakings (PSU companies).
BSE shareholders can’t wait for news on dividend
Most brokers hold stocks of BSE individually and are in the upper tax bracket.
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...
Godfrey Phillips India declares interim dividend of Rs 24 per share
The record date for the payment of interim dividend has been fixed on March, 18, 2020, it added.
Budget defers tax on stock options by 5 years, but is silent on double taxation
Startups have long demanded that tax on Esops must be levied only at the time of sale and not at the time of vesting, as valuation of new ventures remains volatile even as opportunities to sell are rare.
View: Changes in direct tax regime will impact taxation of individuals and companies
Changes will impact taxation of individuals and companies, and change the ambit of taxation of non-residents.
Dividend yields may climb on Budget proposal: CLSA
Budget proposal to abolish dividend tax for companies could encourage more payouts to investors.
Dividend tax removal to boost EPS, says CLSA
The new dividend tax regime may encourage dividend-receiving companies to make better payouts, the brokerage said.
TDS on MF dividends at 10%, clarifies government
In a statement, the Central Board of Direct Taxes (CBDT) said queries have been raised if mutual fund would be required to deduct TDS also on the capital gains arising on redemption of units.
Look for dividend yield mutual funds to escape tax
After the proposal in the budget to tax dividends at the hands of investors, investors may have a reason to consider mutual funds especially dividend yield schemes.
Look for dividend yield funds to escape tax
Arbitrage opens up as dividends received by funds on equity portfolio are not taxed.
Investors could be in for a dividend bonanza before April
A record 300 companies listed on BSE and NSE announced their plans to pay interim dividends.
Dividend yield funds could attract investors
For High net worth investors (HNIs) putting directly into stocks, the dividend income earned will be taxed as per his tax slab, with the highest rate being 42%.
Tech Mahindra Q4 results: Profit falls 29% YoY, misses estimates; firm announces dividend of Rs 5 per share
Analysts in an ET NOW poll had projected the number at Rs 1,012.40 crore.
Lack of clarity over date for dividend tax worries Street
The law has left a gap for overzealous tax officers to interpret.
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