What is the dividend distribution tax applicable to Domestic companies cuurently, what is the basic rate , surcharge if any and Edu Cess?
WHats the rule on Surcharge, above 1 crore turnover whats the surcharge etc?
Whats the rule on DDT, surcharge applicable on Turnover or Income(=Profits)?
Kindly clarify:?
surcharge is not applicable on domistic companies.............
it s applicable only on Foreign Cos. ..... 2.5%
15%. No surcharge. Cess 3%.
Dividend Distribution Tax Rate is 15% & Cess @ 3%. Surcharge, dont know whether is applicable for domestic company.
Surchage is applicable on DDT irrespective of whether income exceed 1 crore or not @ 7.5% currently.
| Originally posted by : M.Sriram Shenoy | ||
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Dividend Distribution Tax Rate is 15% & Cess @ 3%. Surcharge not applicable for domestic company. |
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Hmmm, Only Mri Aditya is RIGHT. Surcharge at 7.5% irrespective of the Total Income of the Company.
Others, Hmmm - Please go and read Finance Act, 2010 - Rates of Income Tax - Clause (2).
Shiva
PS: Pathetic
Agrree with Shiva
The Indian govt will not get rid of surcharge for domestic companies alone... Pathetic really..
| Originally posted by : Shivam | ||
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surcharge is not applicable on domistic companies............. it s applicable only on Foreign Cos. ..... 2.5% |
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BOSS, Surcharge is veru much applicable to domestic companies. It is infact 10% when Total Income exceeds One Crore.
Please do some research and then give a reply. These type of answers will reflect your aptitute.
Please take this as an advice from your brother or if you are hurt, I'm Sorry, but the answer was pathetic.
Shiva
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