write brief notes on tax planning regarding dividend policy
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A domestic company has to pay the dividend distribution tax of 15% before crediting dividend to its shareholders. 2. Dividend received from domestic companies, up to an aggregate sum of Rs 10 lakh in a financial year, is exempt from tax for the investor
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A domestic company has to pay the dividend distribution tax of 15% before crediting dividend to its shareholders. 2. Dividend received from domestic companies, up to an aggregate sum of Rs 10 lakh in a financial year, is exempt from tax for the investor.
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