Examples of Distribution Tax in a sentence
RELEVANT SHORT COURSES ATTENDED DateAwardSubjectInstitution OTHER PROFESSIONAL QUALIFICATIONS DateAwardSubjectInstitution Section 2: TherapyPlease give the name and professional body of current and previous therapists, with dates of commencement and ending, and details of the frequency of sessions.Please list current therapist first.
Section 115-O Tax rate on distributed profits of domestic companies (Dividend Distribution Tax) is 15%, the surcharge on Income tax is at 5%, and the Education Cess 2% and Higher Education Cess is at 1%.
AMLC and AGAs must continue the assessment-scanning of Internet-based casino operators and SPs and must identify other segments and emerging risks, involving the offshore gaming casino sector.
As is the case with any investment, there can be no guarantee that the tax position or the proposed tax position prevailing at the time of investment in the Scheme will endure indefinitely.• Income of Sundaram Mutual Fund: Exempt from tax.• Dividend Distribution: Tax free.• Long-term capital gains (units held for more than 12 months qualify): Tax free.
With effect from 01 April 2020, the incidence of tax has been shifted from the Mutual Fund to the investors whereby any income in the form of Dividend distributed by the Mutual Fund to its investors will not be subject to Dividend Distribution Tax, rather the same would be taxable in the hands of the investor.
Until 31 March 2020, the Mutual Fund was charged with the incidence of Dividend Distribution Tax at the point of distribution of income in the form of Dividend to its investors.
This has resulted in payment of Dividend Distribution Tax (DDT) to the taxation authorities.
In case of winding up otherwise than by a court, an auditor's certificate to the effect that there are no legal proceeding spending in any court in India against the applicant or the company under liquidation and there is no legal impediment in permitting the remittance.1.2 Repatriation of DividendDividends are freely repatriable without any restrictions (net after Tax deduction at source or Dividend Distribution Tax, if any, as the case may be).
The NPS trust is exempted from the Dividend Distribution Tax and is also exempted from the Securities Transaction Tax on all purchases and sales of equities and derivatives.
In view of the individual nature of tax implications, investors are advised to refer the provisions of the Income-Tax Act and/or consult their investment/tax advisor with respect to the specific tax implications arising out of an investment in the scheme.• Income of Sundaram Mutual Fund: Exempt from tax• Dividend Distribution: Tax free in the hands of the investors.