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Form 15G and Form 15H to Save Tax Now

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

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