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direct tax

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(Querist)
10 June 2016 if my dividend income is rs 1500000 then what is the tax I need to pay
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Amol S Joglekar

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Amol S Joglekar (Expert)
10 June 2016 dividend income is exempt.
(Which dividend you are having? exempt or non exempt?)
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Rupesh Jain

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Rupesh Jain (Expert)
10 June 2016 under income tax as amendment if your dividend income exceeds Rs. 10 lacs then you have to pay the 10% addition tax on the gross dividend amount.
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niranjan pattnaik

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niranjan pattnaik (Querist)
10 June 2016 it means I need to pay tax on 5 lakhs or 15 lakhs

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