Dividend Payout and TDS Explained - Thumbnail

Dividend Payout and TDS Explained: What You Need to Know [Calculator]

ByMANI

Dividend TDS Calculator Use this tool to estimate the Tax Deducted at Source (TDS) on your dividend income, based on common conditions found in dividend emails from companies. Please select your specific situation below. Expected Dividend Amount (₹): Are you a: Resident IndividualResident Non-IndividualNon-Resident Shareholder Have you provided a valid Section 197 (Lower/Nil rate) exemption…

Only 2% of Indians pay income tax - Stop Referring To Us As Tax Avoiders - Thumbnail

“Only 2% of Indians pay income tax” : Stop Referring To Us As Tax Avoiders

ByMANI

Summary Points: Only 25.5% of India’s 143.81 crore population (36.67 crore) are working and earning, and 7.67% of them (2.81 crore) paid income tax in FY 2023-24. Personal income tax has grown at 15.6% per year over 29 years, outpacing the Sensex (11.58%) and GDP growth (10-11%). Indirect taxes like GST, paid by all, make…