I own shares of various Indian companies and receive dividends. Is it taxable?
No. Dividend declared by Indian companies is not taxable in the hands of the shareholders because taxes on distributed profits have already been borne by the company.
I own shares of various Indian companies and receive dividends. Is it taxable?
No. Dividend declared by Indian companies is not taxable in the hands of the shareholders because taxes on distributed profits have already been borne by the company.