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    Dinesh Kanabar

    CEO

    Dhruva Advisors

    Dinesh Kanabar writes: The fine print on direct taxes has thrown up a number of surprises

    BUSINESS

    Dinesh Kanabar writes: The fine print on direct taxes has thrown up a number of surprises

    A change has been made in respect of dividends received from foreign companies. These were earlier taxable at a concessional rate of 15 percent. They are now fully taxable unless, of course, the receiving companies declare an onward dividend 

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