Govt should rationalise Dividend Distribution Tax: SC Aggarwal, SMC Group
  • WebDesk BTVI
  • Jun 27 2019

SC Aggarwal, Chairman and MD of SMC Group, says Indian capital market is likely to stay strong in long-term. On his expectation from Union Budget, he says the government needs to rationalise Dividend Distribution Tax, LTCG and MAT. He says the Centre can also look at reducing corporate tax to push growth. Citing that trading costs are very high, Aggarwal says STT benefit should be given in income tax.