Updated : 6 days, 23 hours ago IST
New Delhi [India], Feb 14 (ANI): Finance Minister Nirmala Sitharaman said on Friday that she is willing to accommodate feedback given by economists and industry experts while making changes in the Union Budget proposals for 2020-21.
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], Feb 12 (ANI): The National Real Estate Development Council (NAREDCO) has urged the Centre to withdraw tax on the dividend received by unitholders of infrastructure investment trusts (InvITs) and real estate investment trusts (REITs).
Washington DC [USA], Feb 12 (ANI): Andrew Yang, the tech-savvy Democratic presidential candidate, who ran on a platform advocating universal basic income and warning against the threats of artificial intelligence, suspended his presidential campaign on Tuesday (local time).
Updated : 1 week, 3 days ago IST
New Delhi [India], Feb 10 (ANI/NewsVoir): Finance Ministry in this budget proposed to abolish Dividend Distribution Tax (DDT). With the abolition of DDT, people with income up to Rs 5 lakh will not have to pay tax on dividend income.
Updated : 1 week, 4 days ago IST
Hyderabad (Telangana) [India], Feb 10 (ANI): State-owned NMDC Ltd said on Monday its profit after tax in the first nine months of current financial year (9M FY20) registered a nominal growth of 2 per cent at Rs 3,259 crore.
Updated : 2 weeks ago IST
Gurugram (Haryana) [India], Feb 6 (ANI): Government-owned RITES Ltd on Thursday reported a 10 per cent rise in consolidated net profit to Rs 150 crore for the quarter ended December as against Rs 136 crore reported in Q3 FY19.
Updated : 2 weeks, 1 day ago IST
Varanasi (Uttar Pradesh) [India], Feb 6 (ANI/PRNewswire): With India emerging as a major economic power, set to enjoy the demographic dividend in the long term, global healthcare leaders rang the alarm bells on the rising lifestyle-led non-communicable diseases like diabetes, anemia, hyperte
Updated : 2 weeks, 2 days ago IST
New Delhi [India], Feb 4 (ANI): Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday.
Updated : 2 weeks, 4 days ago IST
New Delhi [India], Feb 2 (ANI): The government on Sunday said that all taxpayers would benefit from the abolition of Dividend Distribution Tax (DDT) as the "tax to be paid by them on their dividend income would be less than what they were earlier paying indirectly through DDT."
Updated : 2 weeks, 5 days ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday announced the abolition of dividend distribution tax (DDT), a move that will result in revenue foregone to the tune of Rs 25,000 crore.
Updated : 1 month ago IST
Hyderabad (Telangana) [India], Jan 21 (ANI): Granules India Ltd said on Tuesday reported a net profit of Rs 64 crore in the quarter ending December (Q3 FY20), rising over 10.3 per cent from Rs 58 crore in Q3 FY19.
New Delhi [India], Jan 21 (ANI): Professional services provider KPMG said on Tuesday the Union Budget 2020 may see a reduction in dividend distribution tax or bring about a change in the manner of dividend taxation in order to make it a shareholder-level tax.