Calculator
Tax on Dividend Income
Estimate tax on dividend income from shares and mutual funds.
Tax on Dividend Income
Dividends are taxed at your applicable slab rate (post-2020).
Dividend
Sum of all dividends from shares and mutual funds.
Dividend added to total income and taxed at slab rate.
TDS u/s 194 @ 10% above ₹5,000.
Tax on dividend
₹40,000.00
Health & Education Cess (4%)
₹1,600.00
Total tax liability
₹41,600.00
Net payable (after TDS)
₹21,600.00
TDS Reference (Section 194)
TDS @ 10% is deducted by company/fund if dividend exceeds ₹5,000 in a year. Estimated TDS applicable: ₹20,000.00
Since AY 2021-22, dividend income is fully taxable in the hands of shareholders at applicable slab rates. TDS credit is available against final tax liability while filing ITR.
FAQ
Frequently Asked Questions
Quick answers to the questions we hear most often.