This tax is paid by the company, not the shareholders.
The term "dividend tax" refers to a tax levied by the Indian government on companies that distribute dividends to their shareholders. It is important to note that this tax is paid by the company itself, rather than by individual shareholders. This tax serves as a means for the government to generate revenue and can have implications for both companies and their shareholders. Now, let's delve deeper into the details of this tax and its impact on the financial landscape.
