direct tax


This query is : Open 

10 June 2016 if my dividend income is rs 1500000 then what is the tax I need to pay

10 June 2016 dividend income is exempt.
(Which dividend you are having? exempt or non exempt?)

Rupesh Jain (Expert)
10 June 2016 under income tax as amendment if your dividend income exceeds Rs. 10 lacs then you have to pay the 10% addition tax on the gross dividend amount.

10 June 2016 it means I need to pay tax on 5 lakhs or 15 lakhs


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