Finance Act, 2002 - Threshold limits for deduction of tax at source from income by way of dividends and income from units

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..... in the Lok Sabha on 31-7-2002, made the following announcement : Dividend Income from shares of Indian companies and income from units of Mutual Funds have been made taxable in the hands of share/unitholders by the Finance Act, 2002. For small investors investing in equity, a threshold limit of Rs. 1,000 was provided for the purpose of TDS. Let us for senior citizens and for investors raise the .....

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