Dividend distribution tax rate

This query is : Resolved 

11 April 2012 Dear Sir

Can you pls let me know the rate of dividend distribution tax?

Is it 16.995% or 16.609%

11 April 2012 During the FY 2011-12, the effective rate had been 16.2225%. [ Dividend tax 15 + Surcharge 0.75 + EC 0.315 + SHEC 0.1575]

11 April 2012 Ay 2012-13 = 16.23%

Tax 15%
SC 5%
CESS 3%


Ay 2011-12 = 16.609%

Tax 15%
SC 7.55%
CESS 3%

11 April 2012 Agree with experts

11 April 2012 DDT for the A.Y. 2012-13 is 16.2225% irrespective of amount of dividend.

Basic rate-15%
Surcharge- 5%
Edu cess- 3%

Effective rate comes out to 16.2225%

11 April 2012 Thank a lot


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