Hello Members,
Any idea what is the divident distribution tax(DDT) rate for floating rate funds(mutual fund) ?
Thanks
josh
1 Replies
Rishi Vyas
(Internal Auditor)
(189 Points)
Replied 12 August 2008
Dear
Dividend Distribution Tax is a tax which the Company has to pay which declares dividend on its shares/units
The rate of DDT is 16.995% ( IT=15%, Surcharge=10%, Edu. cess=3%)
It is for Domestic Companies.
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
