ITAT gives relief on DDT by local companies on dividends to foreign shareholdersThe Delhi Income Tax Appellate Tribunal said that in the case involving an Indian subsidiary of German company Giesecke & Devrient GmbH, th...
View: Rid dividend tax of all uncertaintyA company is now required to pay DDT within 14 days from the date of declaration, distribution or payment, whichever is the earliest.
Sebi welcomes Budget announcement on DDT"It is a movement in the right direction," says Sebi chief Ajay Tyagi.
Dividend income becomes taxable in receiver's hands, DDT abolishedCurrently, DDT is paid by the companies before paying a dividend to their shareholders. Therefore, it made a dividend received by the share...
Budget 2020: dividends from mutual funds to be taxed at slab rate from April; TDS inNirmala Sitharaman proposed to change the current system of mutual funds paying the DDT and move to the classical system of taxing dividend...
Budget: Govt abolishes DDT, pegs revenue loss at Rs 25,000 croreThe minister said revenue foregone due to DDT removal will be Rs 25,000 crore.
Equity mutual funds to pay Dividend Distribution Tax of 10 per centInvestors who bank on dividends from equity mutual funds to generate periodic income would be hit by the new budget proposal to tax dividen...
Budget 2018: Dividends may become taxable in your hands but LTCG tax on equity unlikely, says EYThe Union Budget of 2016 had already introduced a dividend tax on those investors who are receiving dividend of over Rs 10 lakh per annum.
Budget 2016: 10% extra DDT on dividends may discourage direct stock investingWhile the dividend payer was already taxed at 16.5%, the Budget has now brought the dividend receiver also under the DDT ambit.
Budget 2016: Dividends above Rs 10 lakh to attract additional 10% taxFor investors receiving dividend in excess of Rs 10 lakh per annum, Budget 2016 proposes tax at the rate of 10% of gross amount of dividend...
JLL seeks removal of dividend tax on REITs in BudgetJLL said that government should do away with the DDT to promote REITs and give financial protection to home buyers for delay in project del...
Foreign cos likely to be allowed to claim deduction on DDTThe govt is contemplating tweaking tax laws to allow foreign companies claim deduction in home countries for the dividend tax paid by the s...
Government may take decision on MAT, DDT on SEZs in Budget 2015The long-pending demand of the industry for removal of minimum alternate tax and dividend distribution tax on SEZs is expected to be addres...
- Holding cos will bloom, minus DDT spray
One of the biggest hurdles for the creation of holding companies in India has been the presence of dividend distribution tax(DDT).
- Budget watch: Dividend tax rate may come down to 12.5%
The Union budget may reduce the dividend distribution tax (DDT) rate from 15% to 12.5%. In the last budget, P Chidambaram had hiked the rat...
- PSBs rush with interim pay outs
Public sector banks have been among the listed entities to go on an interim dividend overdrive following the announcement of a higher divid...
- Time for overhaul?
Dividend distribution tax (DDT) was introduced by the Finance Act 1997. From June 1, 1997, DDT burden shifted from shareholders to Indian f...