Since last 2 or 3 years dividends are taxed at peak rate in the hands of the investor. If your taxable income is above 15 lakhs, 30% is the tax. If it is above 50 lakhs, 34% inc surcharge and cess.
This applies to savings account, FD interests too. But post tax, dividends don’t look very lucrative compared to capital appreciation in stock price, where even STCG is just 15% flat.
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