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IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the ownership of Ministry of Finance, Government of India. [1] Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.
In the beginning of income tax history, dividends paid to shareholders were exempt from taxation, as such tax was considered a form or double taxation on money earned by companies and subject to corporate tax. Currently, in most jurisdictions, dividends from corporations are treated as a type of income and taxed accordingly at the individual level.
The dividend received by the shareholders is then exempt in their hands. Dividend-paying firms in India fell from 24 percent in 2001 to almost 19 percent in 2009 before rising to 19 percent in 2010. [17] However, dividend income over and above ₹1,000,000 attracts 10 percent dividend tax in the hands of the shareholder with effect from April ...
High-yield dividend stocks can make great investments. Black Hills (NYSE: BKH), Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), and Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) stand out to a ...
National Investment and Infrastructure Fund Limited (NIIFL) is an Indian public sector company which maintains infrastructure investments funds for international and Indian investors anchored by the Government of India. The objective behind creating this organisation was to catalyse capital into the country and support its growth needs across ...
IFN of IfN may mean Interferon, a type of signaling proteins; Integrated Flux Nebula, a cloud of gas and dust illuminated by the integrated flux of all the stars in the Milky Way (rather than a single star or group of stars). Leibniz Institute for Neurobiology (Leibniz-Institut für Neurobiologie), Germany; India Fund, Inc., a mutual fund
On September 26, 2014, the Securities and Exchange Board of India (SEBI) introduced the InvITs, and the SEBI acts as the regulatory body. [6] InvIT is a collective investment scheme that allows individuals and institutional investors to directly invest in infrastructural projects for a share of the annual distribution of dividends and interests ...
An Act to provide for the Redemption or Commutation of the Dividend on the Capital Stock of the East India Company, and for the transfer of the Security Fund of the India Company to the Secretary of State in Council of India, and for the dissolution of the East India Company. Citation: 36 & 37 Vict. c. 17: Dates; Royal assent: 15 May 1873 ...