Holding firm set to get record Rs 22,000 crore dividend from group companies
FIDC has written to the RBI seeking implementation of the proposed guidelines for dividend distribution by NBFCs with effect from April 1, 2021
Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.
The tax applies even to FPIs that might otherwise have been protected from a higher tax rate because of existing treaties
Most tax experts and chartered accountants say their high-net-worth clients are rattled
Rising oil prices, diminishing cash pile to limit capacity in 2018-19