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Dividend tax News

Finance Ministry

15 Jan 2018

Govt may abolish dividend distribution tax in Budget: EY

DDT has become burdensome for corporates due to various factors such as high rate, litigation on disallowance and hence the return on capital employed has significantly diminished.

06 May 2016

Dividend tax only on dividend income above Rs 10 lakh

The new 10 percent Dividend Tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.

Chinese investors

08 Sep 2015

China scraps dividend tax for long-term investors

Chinese investors holding a stock for more than one year will be exempted from a 5-percent dividend tax from Tuesday, a move aimed at boosting long term investment following recent stock market collapse in the world's second biggest economy.

10 Feb 2015

Foreign firms likely to be allowed to claim deduction on DDT

Some announcement in this regard is likely to be made by Finance Minister Arun Jaitley in his Budget on February 28, sources said.

06 Feb 2015

Govt mulls scrapping dividend tax: Report

The government is considering scrapping a dividend distribution tax in its annual budget this month, as part of efforts to boost investor sentiment, a Television channel reported on Thursday, citing unnamed sources.

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