As per Budget 2020, dividends are now taxable in the hands of investors. There will be no Dividend Distribution Tax paid by the companies or mutual funds. Additionally, there is a TDS of 10% if the dividend paid is more than Rs. 5,000 in a financial …
[Calculator] A case for the new income tax slabs in 2020-21
The Budget 2020 proposed a new tax slab system, which it deems to be easier, convenient and helpful to a majority of the tax filing population. As I chewed upon the notes, I realised that the new tax slabs can actually make a lot of sense to a …
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Budget 2020 – It’s the taxes, stupid!
Budget 2020 proposals are out. While enough has already been written and said, let's go beyond that. Let's look at some of the key proposals to develop an understanding of how they impact us and what we can do, if at all. Note: The Money and …
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