Firms will examine qualitative factors before extending treaty benefits
Last year, the category saw outflows of over Rs 24,000 crore, data from the Association of Mutual Funds in India (Amfi) shows
Payout has fallen for most firms except TCS in FY20 as companies looked at conserving cash
Only after business has stabilised and there is visibility ahead should companies look at paying their shareholders
NCLAT relief for Flipkart, FM on credit scores, flurry of dividend payouts by companies and more
Rewriting of norms may result in double taxation, say experts
Analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income
However, on Saturday, the stock markets did not react positively, contrary to the government's expectation
Finance Minister Nirmala Sitharaman while unveiling the Union Budget said the proposal would make India more attractive market for investment
Capital market players are hoping for a slew of changes that will make life easier for them in terms of taxation. Here are a few expectations
The budget statement due February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays the levy
The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation
Suggests rejig of 20% and 30% slabs of personal income tax
A promoter can announce a buyback, extinguish some shares and cash in
Companies to pay shareholders via buybacks, which attract zero tax
Over a dozen cos announce dividends within days of the Budget to avoid tax for its shareholders
Additional levy to eat into Rs 6,000-crore income of top promoters