Market expert Vijay Kedia's unique appeal to FM Nirmala Sitharaman to reconsider dividend tax burden on investors
Union BudgetDividend Tax BurdenVijay KediaNirmala SitharamanIndian EconomyReal Estate NewsJul 30, 2024
Vijay Kedia chose to express his concern over 'double taxation' through a song, which has now gone viral.
The dividend tax burden refers to the double taxation of dividends, where investors are taxed on their dividend income, in addition to the corporate tax paid by the companies.
Vijay Kedia is a well-known Indian investor and stock market expert with a wealth of experience in the financial sector.
Vijay Kedia sang the song during an interaction with FM Nirmala Sitharaman, where she addressed several pressing issues, including the 'Middle-Class Issue' and taxation on dividends.
The dividend tax burden can discourage investors from participating in the market, ultimately hampering the overall growth of the economy.
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On March 12, 1993, a series of coordinated bomb blasts in Mumbai left a lasting impact on the city, reshaping its social, economic, and political landscape.