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Form 15G and Form 15H to Save Tax Now

 

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The dividend distribution tax has been abolished by the finance minister Nirmala Sitharaman in the Union Budget 2020-21. April 1st onwards dividends are taxable in the hands of investors. According to this new change, in case a person receives more than Rs 5,000 dividend in a financial year, he will be losing 10% as TDS from the mutual fund companies or companies who is paying him a dividend. In this video, Mr. C S Sudheer has explained how you can save the TDS amount if your total taxable income is less. Watch this video to know how to save tax on dividends. 

 
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