Higher tax on dividend: From January 1, 2025 Indians need to pay witholding tax at 10% rate instead of 5% rate in Switzerland. Experts say this may result in burden for a company's cash flow and may also result in dead loss for certain trusts and individuals investing in Switzerland. Read below to know the impact of this decision by Switzerland.
Neelanjit Das is a News Reporter at The Economic Times. He covers a range of topics including finance, personal finance, banking, and real estate, with a particular focus on taxes, markets, and insurance. Neelanjit has been featured in The Economic Times and Outlook Publishing (India) Pvt. Ltd.