India’s new tax rule makes share buybacks fully taxable in shareholders’ hands. Experts warn it could deter payouts, distort capital flows, and hurt market confidence.
Barry Dolowich is a Certified Public Accountant and owner of an accounting and tax practice with offices in Monterey. He can be reached at 372-7200. Please address any questions to Barry at PO Box 710 ...
The 47 per cent withholding happens automatically to certain investment income when no tax file number (TFN) is recorded – ...
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