Aryavart Geopolitics

Who pay the Dividend Distribution Tax- Company or Indidual? In the financial year 2020-21, the Government made a major change in the dividend distribution tax. The shareholders own the joint stock companies. These companies pay dividend to their shareholders. Dividend is a part of a company profits and it is paid on operating profits. The dividend paid by the companies to the shareholders attract a tax in India which is known as dividend distribution tax. The dividend distribution tax is a direct tax. Let's understand the concept of dividend distribution tax. So, the companies pay dividend to the shareholders on operating profits and before this dividend to get paid to the shareholders the dividend distribution tax was to be paid to the income tax department by these companies. The rate this tax was 15% (till march 2020) Then, in the financial year 2020-21, the Government made a major change in the dividend distribution tax. According to which the companies don't need to pay th...

How Capital Gain Tax is calculated? Let's understand what are -Short Term Capital Gain Tax and  Long Term Capital Gain Tax. As we know that tax are categorised as direct tax and indirect tax. For example GST (goods and service tax) is indirect tax and Income tax is direct tax as it is paid by the same person on whom it is levied. The capital gain tax is also a direct tax. It is applied on the sales of all assets if the owner of the assets has made profit (gain) by selling the assets. Assets means property like house, equity shares, mutual funds etc. It can be classified into two -                      1) Short Term Capital Gain Tax.                       2) Long Term Capital Gain Tax. Now, let's understand these two types one by one in a layman terms: 1) Short Term Capital Gain Tax:- It applies if asset has been sold within 36 months of owning it. In this scenario the rate ...

The unpaid domestic work by women should be part of national income. She save money with in the home, But these every activity has a monetory value attached with it. Thats why these activities are also economic activities. More than 90% of Indian women participate in unpaid domestic work while only 27% of Indian men participate in these activities according to National Statistical Office survey conducted in 2019. Moreover, a another study conducted by The International Institute for Population Science - Mumbai, revealed that Indian women involved in unpaid domestic chore is 10 times the Indian men in these activities while the world average is that women involved in these activities is 3 times the men participate in these activities. And the women's participation age group is from 20 to 49 years which is also reproduction age group, that also shows women's production and reproduction work-life imbalance and it affects their health conditions also. India is a populous country an...