Before FY 2020-21 Tax-Free for Shareholders: Dividends from domestic companies were exempt under Section 10(34). Dividend Distribution Tax (DDT): Companies paid a 15% DDT before distributing dividends. For High Dividend Earners: If dividend income exceeded Rs. 10 lakh, a 10% tax was charged under Section 115BBDA. After FY 2020-21 (Current Taxation) DDT Abolished: Now, share... https://www.thetaxheaven.com/blog/tax-on-dividend-income-easy-to-understand-guide