Question

what is dividend distribution tax

Answer 1

Heya !
Your answer......⬇

☞ In India when a company declares or distributes dividends to its shareholders, It has to pay 15% tax. This tax is known as :
" Dividend Distribution Tax " or " DDT ".

☆ For Example : if company declares dividend of Rs. 100 per investor. It has to pay Rs. 15 per dividend per investor.

☆ The tax on the dividend is paid to the government within 14 days from the date o :

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