This BIG tax change from April 1 will impact you - pay more soon; know all about it here
TDS on Dividend Payment – If you are an investor in the stock markets, then you must know this. From the new financial year, this is going to change for you. You will be paying more as dividend payout. From April 1, 2021, Tax Deducted at Source (TDS) cut by the company will be 10 per cent instead of the current TDS of 7.5 per cent
In the aftermath of the Coronavirus Pandemic the Narendra Modi Government had reduced the TDS from 10 per cent to 7.5 per cent so that the tax payers are less burdened and they have more money in their hands. Source: