Taxation of dividend Income w.e.f FY 2017-18
Rationalization of taxation of income by way of dividend (As per Clause 44 of Finance Bill 2017) Under the existing provisions of section 115BBDA, income by way of dividend in excess of Rs. 10 lakh is chargeable to tax at the rate of 10% on gross basis in case of a resident individual, Hindu undivided… Read More »