Covid-19 impact: Ed-tech companies reap dividend as schools, universities go online
Online users who have enrolled with Simplilearn for courses on cyber security, Cloud, DevOps, AI and data sciences have jumped 15% in March.
‘Google tax’ could draw reprisal, US cautions India
US also marked a slew of issues in India’s digital trade including those in the ecommerce...
View: As a Covid-fighting nation, India shown its capabilities to become a serious global player
India has the capability to rise above and b...
UltraTech Cement Q4 results: Net profit jumps three folds to Rs 3,243 crore; announces Rs 13 per share dividend
Consolidated sales for the quarter came in at Rs 10,579 crore.
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
Budget was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
Goyal, who is a part-time member of the Economic Advisory Council to the Prime Minister (EAC-PM), said that it was a "surprise" not to have a mention of the word 'slowdown' in the nearly three-hour long speech by the FM. The budget document is a "balancing act" between fiscal stimulus to drive growth and the need to be responsible on spending, she said.
Mutual funds' dividend plans may go out of favour
Mutual fund officials and financial planners said investors who opted for mutual funds’ dividend plans to ensure cash flows could look at growth options with a systematic withdrawal plan (SWP).
View: Government's move to scrap Dividend Distribution Tax is sensible
At present, companies pay a dividend distribution tax at the rate of 20.56%. This is paid in addition to income tax. Individuals who receive dividend income in excess of Rs 10 lakh pay a dividend tax of 10%.
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...
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.
TCS Q4 results: Profit inches lower to Rs 8,049 crore, misses estimates; firm announces Rs 6 dividend
In constant currency terms, revenue grew 3% YoY, with operating margin expanding to 25.10%.
Companies, FPIs stare at tax confusion
Should the FPIs be taxed as per India’s tax treaties or as per the domestic tax rates?
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.
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