1 / 1

Budget 2018: Govt may abolish dividend distribution tax, says EY India

Budget 2018: Govt may abolish dividend distribution tax, says EY India on Business Standard. The finance ministry may consider taxing dividend in the hands of shareholders and do away with the dividend distribution tax (DDT) in the Budget to be unveiled on February 1, EY India said today.In its pre-Budget expectations, EY said DDT has<br>

Télécharger la présentation

Budget 2018: Govt may abolish dividend distribution tax, says EY India

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Budget 2018: Govt may abolish dividend distribution tax, says EY India The fund service may think about saddling profit in the hands of investors and get rid of the profit conveyance charge (DDT) in the Budget to be disclosed on February 1, EY India said on Monday. In its pre-Budget desires, EY said DDT has turned out to be troublesome for corporates because of different factors, for example, high rate, prosecution on preclusion and thus the arrival on capital utilized has fundamentally lessened. "There is a solid securities exchange energy and the administration may not hazard to back off the same by presenting long haul capital additions impose on values showcase," EY India Partner and National Leader, Business Tax Services, Garima Pande said. In the Budget 2015-16, Finance Minister Arun Jaitley had said that the fundamental rate of corporate duty in India at 30 for each penny is higher than the rates common in other real Asian economies, making residential industry uncompetitive, and it would be conveyed down to 25 for every penny more than four years. Click Here To Know More –Budget 2018-19

More Related