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Understanding Dividend Distribution Tax (DDT): What Every Investor Should Know

DDT is levied on the company, which helps in preventing the double taxation of income. This means shareholders are not taxed again on the same income when they receive dividends.

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DDT: Dividend Distribution Tax

Dividend Distribution Tax (DDT) was a tax levied on companies that distributed dividends to their shareholders, akin to Tax Deducted at Source (TDS).

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