Dividend tax

This query is : Resolved 

09 January 2014 hai sir,
can u explain about dividend tax.when it is paid.

09 January 2014 Dear Pallavi,

Dividend Distribution Tax is a tax paid by the Company on declaration of dividend. When the Company declares dividend, this tax needs to be paid. After paying tax, the remaining amount is distributed to the shareholders.

Regards,
Adnan



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