Monday, May 14, 2007

Dividend Earnings

Mukesh Ambani - Rs 869 cr
Azim Premji - Rs 697 cr
Shiv Nadar - Rs 403 cr
Anil Ambani - Rs 87 cr
N.R.N. Murthy - Rs 33 cr
Nandan Nilekani - Rs 23 cr

This is dividend income of some of the big shots in India in year 2006-07.
Source: Business Today

What was yours?

16 comments:

OVER-the-TOP said...

Mine....was 6 rs last year..this year very less..close to 1 rupee..i guess..i'm a share holder in only one company :)

Seenivasan said...

6 Rs??? I don't really know what to say.

Anonymous said...

tcs gave me 300 rupees last year

Arasan said...

ooops......thats tooooooo much

Baranidharan said...

Dividenda appidinna. 0 Rs

Sarangan said...

Ithellam Enna Enna... Naangellam Kooliyave Thangathula Veratina Parambarai... Enga Income report inthaanga...

(4 * Mukesh Ambani) + (Azim Premji + Shiv Naadar) - (Anil Ambani * (N.R.N. Moorthy + Nandan Nilkeni)) + 'Kosuru Income' oru 296 Cr

Calculate Pannikunga....

Seenivasan said...

Dividend earnings are tax free. It's better invest wisely to get good dividend income with zero tax.

Seenivasan said...

@ Sarang - that calculation yields negative number. :(

Sarangan said...

Enna Anna.. Negativea?????

Intha Calculation thaana Poten.....

Missayiducho....

(4 * Mukesh Ambani) + (Azim Premji + Shiv Naadar) - (Anil Ambani * (N.R.N. Moorthy + Nandan Nilkeni)) + 'Kosuru Income' oru 296 Cr

(4 * 869 ) + (697 + 403) - (( 87 * (33 + 23)) + 296

(3476) + (1100) - ( (87 * 56) ) + 296

(3476) + (1100) - 4872 + 296

4576 - 4872 + 296

- 296 + 296

0

Did I miss something??????


!!!!!!!

Seenivasan said...

ssssss.....neengallam room pottu yosippeengalo?

Arasan said...

saranga, eppadi unnala mattum ippadi...shshshsh...katta kattu theapa...

Arasan said...

Mine would be close to 1 Lak in past 2.5 years....

Seenivasan said...

1 Lakh in 2.5 years. That's almost Rs.3333 per month. I think it is just great.

Good thing is that's tax free.

Arasan said...

Thats great, but its not something I made based on my investment! Its all because of ESOP :)-

Is Divident Taxable ? Read

http://www.blonnet.com/iw/2005/07/31/stories/2005073101091500.htm

Dividend which is taxed in the hands of the company at the time of distribution will not be subject to tax in your hands at the time when you receive it. The same will be exempt under Section 10(34). All domestic companies will have to pay tax on distributed profits unless the dividend is of the nature referred to in Section 2(22)(e). Section 2(22)(e) refers to a loan taken by certain persons from a closely held company being deemed as dividend.

Seenivasan said...
This comment has been removed by the author.
Seenivasan said...

Is dividend taxable?

simple:

If you are a corporate - Yes.
If you are an aam aadmi - No.