Dividend income from MF and equity shares

This query is : Resolved 

25 September 2009 Is Dividend income from MF and equity shares taxable?
What is the tax rate on STCG? and speculation gains?

25 September 2009 yes,dividend is exempt u/s 10(34) as all Companies pay DDT...
STCG is taxed at slab rates..
And speculation is covered under business head..and chargeable at slab rates..


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