MOST-TRADED STOCKS

Here’s how highly traded stocks performed

ASHOK LEYLAND

Dividend Distribution Tax replaced with classical system of taxation of dividend in the hands of shareholders Introduction of Taxpayer's Charter, faceless appeals and electronic scheme for imposition of penalties to build greater transparency, efficiency and fairness

Tax collection at source applicable on sale of goods in excess of Rs 50 lakhs subject to conditions

BANK OF BARODA

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders

Reduced withholding tax rate of 5% on interest on specified borrowings extended to 30 June 2023 Withholding tax rate reduced to 4% on interest on borrowings through issue of long-term bonds and rupee denominated bond listed on recognised stock exchange in IFSC Applicability of carry forward and set off of losses in case of mergers, extended to public sector banks and general insurance companies

Tax collection at source applicable on all foreign remittances above Rs. 7 lakhs under Liberalised Remittance Scheme

DLF

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders

Reduced withholding tax rate of 5% on interest on specified borrowings extended to 30 June 2023 Affordable housing projects eligible for tax holiday, now extended to cover projects approved till 31 March 2021 Additional deduction up to INR 1.5 lakhs for interest paid on loans taken for an affordable house extended till 31 March 2021

Sovereign Wealth Funds eligible for 100% exemption on interest, dividend and long-term capital gains income from investments in infrastructure and priority sectors subject to conditions

Increase in safe harbour limit from 5% to 10% with respect to taxation arising on account of deviation in circle rate for real estate transactions

HDFC AMC

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders

Reduced withholding tax rate of 5% on interest on specified borrowings extended to 30 June 2023 Withholding tax rate reduced to 4% on interest on borrowings through issue of long-term bonds and rupee denominated bond listed on recognised stock exchange in IFSC

HDFC LIFE INSURANCE CO

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders

Reduced withholding tax rate of 5% on interest on specified borrowings extended to 30 June 2023 Withholding tax rate on payments for technical services reduced to 2%

INDIABULLS HOUSING FINANCE

"Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders

"Reduced withholding tax rate of 5% on interest on specified borrowings extended to 30 June 2023 "Withholding tax rate on payments for technical services reduced to 2%

INTERGLOBE AVIATION

Withholding tax rate on payments for technical services reduced to 2% Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders Introduction of Taxpayer's Charter, faceless appeals and electronic scheme for imposition of penalties to build greater transparency, efficiency and fairness

PIRAMAL ENTERPRISES

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders Withholding tax rate on payments for technical services reduced to 2% Tax collection at source applicable on sale of goods in excess of Rs 50 lakhs subject to conditions Introduction of Taxpayer's Charter, faceless appeals and electronic scheme for imposition of penalties to build greater transparency, efficiency and fairness

SBI LIFE INSURANCE CO

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders

Reduced withholding tax rate of 5% on interest on specified borrowings extended to 30 June 2023 Withholding tax rate on payments for technical services reduced to 2%

AUROBINDO PHARMA

Dividend Distribution Tax ('DDT') replaced with classical system of taxation of dividend in the hands of shareholders Withholding tax rate on payments for technical services reduced to 2% Tax collection at source applicable on sale of goods in excess of Rs 50 lakhs subject to conditions Introduction of Taxpayer's Charter, faceless appeals and electronic scheme for imposition of penalties to build greater transparency, efficiency and fairness