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Difference between revisions of "Tax on Dividend Income"

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(Created page with "{{Alphabets}} There is no Income Tax on Dividend income from Equity Shares and Mutual Funds in India. Also, if Dividend income is your sole source of income and if you are wi...")
 
Cooleo (talk | contribs)
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However, there is a special tax applicable when the dividend income exceeds Rs. 10 lakhs per year.
 
However, there is a special tax applicable when the dividend income exceeds Rs. 10 lakhs per year.
==Related Lessons
+
==Related Lessons==
 
*[[Filing Income Tax Returns]]
 
*[[Filing Income Tax Returns]]
 
*[[Plan your tax payment and tax savings]]
 
*[[Plan your tax payment and tax savings]]

Revision as of 19:10, 2 August 2017

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There is no Income Tax on Dividend income from Equity Shares and Mutual Funds in India.

Also, if Dividend income is your sole source of income and if you are within the taxable income slabs, you do not even have to file your Income-tax Return Forms or ITR Forms.

However, there is a special tax applicable when the dividend income exceeds Rs. 10 lakhs per year.

Related Lessons

HomePersonal FinanceMutual FundsEquity