Last Updated: October 12, 2026

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  • Tag: dividend income

    Govt grants 3-year tax relief on cooperative dividends

    The government has announced a significant tax relief measure for the cooperative sector by granting a three-year exemption on certain dividend incomes. The move is aimed at strengthening cooperative institutions and reducing their tax burden, especially those operating at the national level. The announcement comes as part of broader financial and tax reforms discussed during.