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Dividend Distribution Tax

Paid all applicable taxes, I-T dept's position without merit: Cognizant

The tech giant's comments follow ITD's freezing its certain bank accounts in the country over a dispute on payment of dividend distribution tax (DDT) running into hundreds of crores.

Mar 28, 2018, 14:32 PM IST

IT department freezes certain Cognizant bank a/cs for non-payment of Rs 2,500 crore

The U.S.-listed IT services has significant operations in India where the majority of its 260,000 employees reside.

Mar 28, 2018, 08:17 AM IST

Can dividend distribution tax affect your mutual fund earnings? Know

Dividends received from all mutual funds are tax-free in the hands of the investors.

Feb 12, 2018, 08:23 AM IST

Govt may abolish dividend distribution tax in Budget: EY

DDT has become burdensome for corporates due to various factors such as high rate, litigation on disallowance and hence the return on capital employed has significantly diminished.

Jan 15, 2018, 18:00 PM IST

I-T dept collects Rs 6.96 lakh cr revenue during 2014-15

The achieved collections are about Rs 9,000 crore or 14 percent short of the projected target of Rs 7,05,000 crore.

May 03, 2015, 15:59 PM IST

Govt mulls scrapping dividend tax: Report

The government is considering scrapping a dividend distribution tax in its annual budget this month, as part of efforts to boost investor sentiment, a Television channel reported on Thursday, citing unnamed sources.

Feb 05, 2015, 16:27 PM IST

Govt aware of alternate tax issues: Sitharaman

Union Commerce and Industry Minister Nirmala Sitharaman on Saturday said that the government was aware that inventors in SEZs were facing issues related to minimum alternate tax and dividend distribution tax, and it was planing to usher in some curative policies.

Aug 24, 2014, 00:44 AM IST

Modi to meet officials tomorrow to sort out SEZ woes

Seeking to revive the beleaguered Special Economic Zones, Prime Minister Narendra Modi will hold a meeting of the officials of commerce and finance ministries on Saturday to sort out the taxation and other problems hampering the implementation of the scheme.

Jun 13, 2014, 15:20 PM IST

Govt to announce new guidelines to revive SEZs

The government will come out with new guidelines to revive export hubs, special economic zones (SEZs), which have lost sheen after imposition of certain levies and proposal to take away tax incentives.

Jun 05, 2012, 16:04 PM IST

Govt eyes additional Rs 7,000 cr dividend payout in 2011-12

Hard-pressed for funds, the government is looking to garner an additional Rs 7,000 crore by persuading state-owned companies to increase their dividend payout for FY'12, taking the total collection in the current fiscal to over Rs 30,000 crore.

Jan 25, 2012, 16:02 PM IST