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Budget 2016: Why a new additional tax on dividend income may not hit promoters much

Budget 2016: Why a new additional tax on dividend income may not hit promoters much MUMBAI: The additional 10% tax on dividend income announced in the Budget would not pinch many wealthy promoter groups after all. Promoters of several blue chips hold only a small stake in their individual capacity , through HUFs (Hindu undivided […]

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