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The one thing former finance secy wants in Sitharaman's Budget

Announcement of a strategic disinvestment plan in the Budget will send a positive message, Garg said.

bonus payout

Jan 18, 2020, 08.39 AM IST

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BONUS PAYOUT

Insurance intermediaries with majority foreign stake can't repatriate over 75% as dividend: IRDAI

On the quantum of dividend payable, it said: "The dividend payout ratio shall not exceed 75 per cent. Dividend payout ratio shall be calculated as a percentage of 'dividend payable in a year' (excluding dividend tax) to 'profit after tax during the year'.

What are Bonus Shares?

This is a form of rewarding shareholders from the profit a company earns

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