The Union Budget 2020 changed the way how dividends from mutual funds will be taxed. The following are the changes. Till FY 2020, dividend from mutual funds was exempt from tax in the hands of the investor. However, before paying the dividend to you, AMCs used to deduct Dividend Distribution Tax (DDT) before paying such dividend to you. The effective impact of DDT was 11.46% … [Read more...] about Mutual Funds: With Tax on Dividends, The Choice between Growth and Dividend?