• SENSEX
    NIFTY 50
Finance

Companies rushing to declare dividend post removal of DDT

Updated : February 27, 2020 10:17 PM IST

In the last month, over 100 companies have declared dividends either interim or final.
Earlier, Indian companies were required to pay DDT at the rate of 15 percent and with cess, the effective tax rate was 20.56 percent
Post corporate tax rate cut to 25 percent, the effective tax rate, including DDT, for India Inc worked out to 48.5 percent.
Companies rushing to declare dividend post removal of DDT

You May Also Like

Live TV

recommended for you

Advertisement