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New dividend tax to hurt Premji, Mukesh Ambani the most

2016-03-02 07:17:22| IT Services - Topix.net

It will impact nearly 15 per cent of the Rs 42,633-crore dividend paid to the promoter groups, or about Rs 6,000 crore, in the top 100 dividend-paying companies. Last year , the family's dividend income from Wipro was estimated to be around Rs 1,644.5 crore - excluding the earnings of the stake held through Premji's trusts and foundations.

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