Tag Archives: Dividend

Over a Dozen Companies Announce Dividend Post Budget; More to Follow

New Delhi: Post the Union Budget 2016-17, more than a dozen companies, including Alkem Laboratories, Cadila Healthcare and Suven Life Sciences, have announced dividends and many more are likely to follow. The government in the budget proposed that in addition to Dividend Distribution Tax (DDT) paid by the companies, tax at the rate of 10 per cent of gross amount ... Read More »