Higher income tax on dividend income from shares and income from mutual funds if earned via this method; announced in Budget 2026

Budget 2026 has eliminated the deduction for interest expenses incurred on loans taken to invest in listed equity shares or ...
Devdiscourse

No deduction on interest, expenses related to dividend, mutual fund income: Budget FY27

Market experts said the proposal would eliminate the existing provision that allowed a deduction for such interest expenses ...
Tax Guru

Interest Deduction against Dividend Income Withdrawn – What Taxpayers Need to Know

The proposed amendment disallows any interest deduction against dividend and mutual fund income. As a result, dividends will now be taxed on a gross basis, increasing the tax burden on leveraged ...
freefincal

Budget 2026: Stock and Mutual Fund Dividends to be Taxed Without Interest Deductions

Budget 2026 has proposed that " no deduction shall be allowed in respect of any interest expenditure incurred for earning dividend income or income from ...

Budget 2026: New tax deduction on inter-cooperative dividend income under new tax regime announced by Nirmala Sitharaman

Finance Minister Nirmala Sitharaman announced new tax benefits in Budget 2026. Inter cooperative society dividend income will ...

GAIL sets record date for interim dividend, explains tax deduction; board meet this month

The Board of Directors of GAIL (India) Limited is set to meet on January 31, 2026, to consider the payment of an interim dividend for the financial year 2025-26. The record date for determining ...
PSU Connect

Bharat Petroleum Informs Stock Exchanges on TDS for Second Interim Dividend

Bharat Petroleum informs BSE and NSE about TDS deduction on second interim dividend of ₹10 per share for FY 2025–26, including timelines and compliance requirements.