Budget 2011 increased the dividend distribution tax (DDT) for corporate investors to 30%, up from 25% a year back in case of Liquid Funds and up from 12.5% in case of all other debt funds. This report handles the issue of circumventing the taxation and highlights the alternatives to convention Liquid Funds for finance managers.
Budget 2011 increased the dividend distribution tax (DDT) for corporate investors to 30%, up from 25% a year back in case of Liquid Funds and up from 12.5% in case of all other debt funds. T…