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Tag: Dividend Distribution Tax

2 Results

  • Missed opportunities

    Missed opportunities

    Too much has been attempted and resources have been spread rather thinly. The Finance Minister had the opportunity to disregard doomsday prophets and present a development-oriented benign budget aimed at reviving demand by increasing the disposable income of taxpayers and non-taxpayers alike.

    February 5, 2020
  • Bank accounts frozen but operations not impacted: Cognizant

    Bank accounts frozen but operations not impacted: Cognizant

    The Income Tax Department has frozen bank accounts of software services company Cognizant for alleged evasion of Dividend Distribution Tax (DDT) but the firm said on Tuesday that its operations of the company were not affected by the action. A company official also said that the Madras High Court had instructed the tax department not …

    March 28, 2018