Value, dividend yield & special situations themes offering solid opportunities: S Naren
Economic growth can’t revive when credit growth is anaemic at 6-7%. Banks are sitting on large cash piles; they need to answer why they’re not lending, says the ED & CIO of ICICI Prudential AMC
Mutual funds' dividend plans may go out of favour
Mutual fund officials and financial planners said investors who opted for mutual funds’ div...
View: Government's move to scrap Dividend Distribution Tax is sensible
At present, companies pay a dividend distribution tax at the rate of 2...
Govt budgets for lower dividends from RBI, state banks
RBI pays dividends to the government annually, and allocated Rs 1.23 trillion last year.
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.
Budget 2020: Dividend Distribution Tax abolished, says FM Sitharaman
In the Union Budget presented today, FM Nirmala Sitharaman proposed to remove the deeply unpopular dividend distribution tax (DDT). Accordin...
Companies, FPIs stare at tax confusion
Should the FPIs be taxed as per India’s tax treaties or as per the domestic tax rates?
Stronger TCS can weather the crisis, even recover faster
The company expects the business to see recovery by the beginning of the next fiscal.
Government clarifies on TDS for employees under new tax regime
Employers will be able to deduct taxes on salaries paid to employees from the beginning of a financial year, basis the individual’s choice of opting for the old or the new taxation regime though a declaration, the Board said in a circular.
Finance panel's NK Singh moots 'predictable' taxation regime
After a meeting of the commission’s Economic Advisory Council on Monday, NK Singh said the commission would be making suggestions on the tax structure, which was for the GST Council to consider.
Welspun Corp a good buy on likely special dividend
The brokerage has set a price target of Rs 222, valuing the stock at 5 times EV/EBITDA based on FY21 earnings.
Interim dividend issue may come up in next RBI's board meeting
Interim dividend may come up for discussion as the govt struggles to meet its fiscal deficit target of 3.3%.
Budget 2020 proposes to ease employees taxation burden, but many to miss out on ESOP relief
ESOPs are currently taxed when they become eligible for allotment, which puts financial burden on employees as they may not be able to sell them at the same time. Employees are also taxed twice, at the time of exercising and at the time of selling.
Bharti Infratel declares 2nd interim dividend
The payment of interim dividend/dispatch of dividend warrants will be done on or before January 9, 2020.
What is Dividend Distribution Tax & how will its abolition impact the economy?
A dividend is a sum of money given by a company to its shareholders out of the profits earned. Dividend distribution tax is the tax levied on the dividend paid by a company to its shareholders. The provisions of DDT were introduced by the Finance Act 1997. Only a domestic company is liable and has to pay the tax even if it is not liable to pay any tax on its income.
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