News From Press Dividend income will no more be tax free if DDT is abolished! Find out if you would gain or lose

Dividend income will no more be tax free if DDT is abolished! Find out if you would gain or lose

There are media reports that the tax structure on equity is under review and to simplify the regime and make investments in Indian markets more attractive, the government may do away with multiple taxes.

Financial Express Nov 2, 2019

Saving on tax is one of major decision making parameters of choosing an investment option. Apart from businessmen and seasoned investors, most people in India predominantly invest to save tax u/s 80C of the Income Tax Act or look for investments having tax-free return even if the return on investment is very low even if they are in lower tax brackets.

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