Dividend tax

Yes it is a triple tax as 

1. NP gets taxed

2. Companies pay div distribution tax

3. Now person receiving div would pay tax also So its triple

TDS would be a good option but considering no of shareholders it maybe a problem for big companies

Dear Anand,

Thanks for reply, But I have more query. It is setback as startup program, secound in small companies indian investor not invest for long term, third there is any option?   

Dear Anand,

Thanks for reply, But I have more query. It is setback as startup program, secound in small companies indian investor not invest for long term, third there is any option?   

Usually startups don't give dividend atleast for the 1st 5 years. Most investors put money for capital appreciation and not for dividends. Even before dividend was taxable before it was taxed at companies hand. Govt needs taxes don't see any way out