TMI BlogTHE SECOND SCHEDULE - RATES OF OTHER TAXESX X X X Extracts X X X X X X X X Extracts X X X X ..... s, as on the close of the financial year, of a banking company. 0.25 per cent. (b) On the value of the gross assets, as on the close of the financial year, of any other company. 2 per cent. B. Tax on dividends distributed 2. The amount referred to in sub-section (1) of section 99 shall be calculated at the rate specified, and in the manner provided, here under. Rate of tax On the amount of dividen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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