Tag: BUY-BACK OF SHARES

How to withdraw hard-earned tax-paid money from a Company has always been a challenge. Before any money can be paid to shareholders and promoters in the form Dividends or Buy back, the company already suffers a tax of 30% plus surcharge and Cess. The effective rate of Dividend Distribution Tax (which has been abolished from 01-04-2020) was 20.35%. Even now,

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