Business  /  Published 17.04.20

Dividend bar on banks

The RBI on Friday barred all commercial and cooperative banks from paying dividends to shareholders and promoter groups as the regulator fears the Covid-driven economic shocks would continue longer an...
By PTI in Mumbai

Business  /  Published 16.04.19

Mindtree dividend bait

The board of Mindtree will consider a special dividend offer on Wednesday amid a debate on whether the company can engage in such an exercise when it is in the midst of a takeover battle with Larsen &...
By Our Special Correspondent in Mumbai

Business  /  Published 14.05.20

Lower TDS on dividend

Dividend payout by corporates to their shareholders will have a 25 per cent lower tax deducted at source. Instead of 10 per cent, the TDS rate will be 7.5 per cent from May 14, 2020 to March 31, 2021....
By A Staff Reporter in Calcutta

Business  /  Published 12.03.20

Interim PSU dividends boost kitty

Public sector units Coal India and Power Finance Corporation (PFC) on Thursday announced interim dividends that will improve government finances, stretched by a weak revenue mop up and the coronaviru...
By TT Bureau in Calcutta

Business  /  Published 30.01.20

Need to tweak dividend tax

Investors’ expectation from Union Budget 2020 is high, especially when the finance minister has already started taking measures to boost the economy. Corporate tax rates have been brought down to 22...
By Kaushik Mukerjee and Jai Soni


Opinion  /  Published 14.11.19

Reflecting diversity in wartime

Sir — The French president, Emmanuel Macron, recently inaugurated a war memorial for soldiers who lost their lives fighting overseas. Interestingly, the bronze sculpture — of six soldiers carrying...
By The Telegraph

Business  /  Published 16.02.20

Mutual funds seek dividend leeway

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...
By A Staff Reporter in Calcutta

Business  /  Published 14.10.19

HUL Q2 standalone net profit rises 21.18%

FMCG major Hindustan Unilever Ltd (HUL) on Monday reported a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care and ...
By PTI in New Delhi

Business  /  Published 05.02.20

Taxation gets complex in name of simplification

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...
By Smita Tripathi

Business  /  Published 01.02.20

Dividend levy pitfall

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...
By Vivek Nair in Mumbai


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