The abolition of dividend distribution tax, the lowering of personal income tax and the removal of long-term capital gains tax were the three big expectations from the budget. Sitharaman has granted t...

Union Budget 2020-21 was announced in the backdrop of an unfavorable economic environment, with real GDP growth weakening to sub-5 per cent. As such, there was high expectation from the budget to rein...

As we stand in the beginning of a new year, there are nascent signs that the economy is on a better footing than what it was in the year gone by. With the proactive measures taken by the government an...

The Association of Mutual Funds of India (Amfi) has written to the government to raise the exemption threshold of tax deducted at source on dividend income to benefit small retail investors.In the Uni...

Taxation of dividend from domestic companies and mutual fundsAnother Budget announcement is the removal of the dividend distribution tax (DDT). As per the Income Tax Act’s existing provisions, domes...

Union finance minister Nirmala Sitharaman on Saturday did away with the dividend distribution tax (DDT) on companies and shifted it to the recipient — a move that led to mixed reactions.Analysts sai...

When the budget speech is so long, replete with recitation of verses with anecdotes, it becomes irritating and that is what happened today. The victim was definitely the feel-good factor, although the...

Tax experts and chartered accountants are coming up with innovative financial structures for high net worth individuals (HNIs) to soften the blow from the proposed changes in dividend income. Followin...