About this document

2020 Dividend Tax Amendments Overview by Shivani Dutt is a document available to read on EtoBox.

This document proposes amendments to taxation laws relating to dividend distribution in India. Key points include: 1) Removing the dividend distribution tax (DDT) and taxing dividends in the hands of shareholders at applicable rates. 2) Restricting the applicability of the 10% tax rate on dividend income exceeding Rs. 10 lakhs to dividends declared before April 1, 2020. 3) Allowing a deduction for domestic companies equal to dividends received from other domestic companies distributed on or before the

Author

Shivani Dutt

Language

EN