Dividend

Limit on tax-free employer contribution to retirement funds to impact employee with salary above Rs 60 lakh: Official

Under the existing provisions, the contribution by the employer to a recognised provident fund exceeding 12 per cent of salary is taxable.

Govt to seek RBI dividend boost amid struggle to meet expenditure commitments on revenue shortfall

India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as it struggles to meet its expenditure commitments amid a steep revenue shortfall, three sources directly aware of the matter said

RBI governor Shaktikanta Das says not aware of govt demand for interim dividend

Governor Shaktikanta Das on Friday scotched media reports that the government might seek an interim dividend of Rs 30,000 crore from the central bank to meet its revenue shortfall after the massive tax cuts

RBI to transfer highest-ever surplus of Rs 1.76 lakh cr to govt; all you need to know about central bank's excess capital

The Narendra Modi government and the RBI under its previous governor Urjit Patel had been at loggerheads over the optimum level of surplus capital with the central bank.

RBI windfall of Rs 1.76 lakh cr surplus to Centre supports deficit, offers a permanent avenue to raise resources

The government will get a bonanza of around Rs 86,000 crore over and above the budgetary provision of Rs 90,000 crore from the RBI

Super-rich tax lacks teeth: Special treatment for dividend, capital gains take away its sting

Finance Minister Nirmala Sitharaman has steeply hiked the wealthy with a super-rich tax in Union Budget 2019

Union Budget 2019: Minimum Alternate Tax should be abolished; it will send out right signals about reviving economy, solve unemployment issues

The rationale for MAT was if a company could pay the dividend to its shareholders, it might as well pay income tax to the government.

Narendra Modi govt should spare a thought for salaried class; jump from 5% to 20% tax is grossest injustice to middle income group

Apart from being unjust to the middle class, it is the steep rate of tax that tantalises people to split their income

Pfizer fourth quarter net rises 4.74% to Rs 109 cr, revenue from operations at Rs 536 cr; shares up

Pfizer said its board has recommended a dividend of Rs 22.50 per equity share of Rs 10 each for the year ended 31 March, 2019.

AAI asked to issue shares against govt funding of Rs 656 cr; PSU to become a company after issuance of equity capital

In the last fiscal, AAI had transferred the entire profit after tax (PAT) for 2017-18 fiscal of Rs 2,800 crore to the government as dividend.