What is Dividend Distribution Tax (DDT)

The change in the tax structure has prompted companies to advance their payouts

The median loss for such securities after the Budget is 4.5 per cent, compared to a 2.1 per cent gain in the benchmark S&P BSE Sensex

Dividend income holds a significant share in the profit before tax of a life insurance company, of 24-37 per cent in 2018-19, it is estimated

Says govt spending alone can't be enough

Rewriting of norms may result in double taxation, say experts

Removal of DDT will result in tax savings of 20 per cent for companies, promoters and other wealthy shareholders may be taxed as high as 43 per cent on the dividends they receive

Foreign institutional investors (FIIs) sold shares worth over Rs 1,200 crore, provisional data provided to the stock exchanges shows

A fiscally-strapped finance ministry was not expected to hand out any major sectoral sops. It has offered, instead, room for larger sector-agnostic investments, in spite of the protectionist character

There were no big-bang measures for foreign portfolio investors (FPIs) in the Budget

Counting the positives, he welcomed initiatives such as Krishi Rail and Krishi Udan

The move to remove DDT comes within months of the Centre lowering corporation tax from 30 per cent to 22 per cent

Finance Minister Nirmala Sitharaman while unveiling the Union Budget said the proposal would make India more attractive market for investment

NSE, BSE to conduct a special trading session on February 1; settlement of trades on February 4