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A Budget poser: Does dividend income need to be taxed thrice?

Dividend, no matter the quantum, is tax-free in the hands of foreign shareholders.
The Economic Times

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SUBHASH CHANDRA

India may miss tax collection target for 2019-20 by nearly Rs 2.5 lakh cr: Subhash Chandra Garg

Subhash Chandra Garg said corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20- something of the order of 8 per cent in corporate taxes, about 5 per cent negative growth in excise duties (Rs 2.2 lakh crore against Rs 2.31 lakh crore) and about 10 per cent lower collection in customs duty (Rs 1.06 lakh crore against Rs 1.18 lakh crore).

Fiscal deficit may widen to 3.7-4% of GDP: Ex-fin secy

He estimated that the real fiscal deficit would be around 4.5 per cent to 5 per cent o...

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