ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Sinha's Dividend

Yashwant Sinha's reversal of the decision by Chidambaram (Finance Act 1997) to exempt dividend income in the hands of the shareholders will hurt a class of persons already adversely affected by a variety of fiscal and economic developments without yielding any commensurate benefit in terms of higher tax yield to the government.

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