Dividend Distribution Tax (DDT)
The government is determined to revive SEZs and Arun Jaitley today mentioned that some of the effective steps to be taken by the government will make the SEZs the instruments of industrial production, economic growth, export promotion and employment generation. While presenting the Budget 2014-15, the Finance Minister stated that for achieving this, effective steps [...] Continue Reading »
Developers of special Economic Zone (SEZ) are rebounded by the budget 2012. The builders were expecting some positive announcement from the budget. Though SEZ serves a big responsibility in terms of export and employment, government is not promoting SEZ to the expected level. Due to Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT), investors [...] Continue Reading »
