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Railway Budget

Increase in Dividend Distribution Tax

Increase in Dividend Distribution Tax
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »

Hike in railway fee by January midnight 21

Hike in railway fee by January midnight 21
New Delhi- With the budget  just a month ahead, the Railway Minister has made a rare decision of raising the railway fee by January 21 midnight. This is the first such increase in the decade with a net amount of Rs. 6,600 crore a year. This increase in the railway fee will generate an additional amount [...] Continue Reading »



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