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Home > Publications > Budget Analysis
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Budget Analysis 2007 |
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Dividend Distribution Tax
● Proposal:
Dividend Distribution Tax increased.
The Impact:
Increase in effective DDT rate from 14.025% to 16.995%. Further, incase
of money market mutual fund or a liquid fund, the effective DDT rate
increased from 22.44% to 28.325%. This may reduce the kitty available to
pay dividends.