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Dividend distribution tax

Index Dividend distribution tax

Dividend distribution tax is the tax imposed by the Indian Government on companies according to the dividend paid to a company's investors. [1]

4 relations: Dividend, Government of India, Tax, Union budget of India.

Dividend

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.

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Government of India

The Government of India (IAST), often abbreviated as GoI, is the union government created by the constitution of India as the legislative, executive and judicial authority of the union of 29 states and seven union territories of a constitutionally democratic republic.

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Tax

A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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Union budget of India

The Union Budget of India, also referred to as the Annual Financial Statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India.

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References

[1] https://en.wikipedia.org/wiki/Dividend_distribution_tax

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