India repeals dividend distribution tax in 2020 budget

Anjana Haines

February 01, 2020

Finance Minister Nirmala Sitharaman with the Minister of State for Finance and Corporate Affairs Anurag Singh Thakur arriving at Parliament House to present the budget

The key direct tax proposals in India’s 2020 budget included removing the controversial dividend distribution tax (DDT), introducing a taxpayer’s charter, allowing faceless appeals, measures to help the real estate sector and cutting personal income tax rates.

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