NEW LAW FOR REMOVING TIME LIMIT ON DIVIDEND CLAIM

The new company law proposes to remove the time limit for claiming dividend. The Companies Bill 2008 recently cleared by the Cabinet and to be placed before Parliament soon has removed the seven-year ceiling up to which unclaimed dividend remains safe in the governments kitty. This means investors

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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