The correct answer is Dividend distribution tax. Budget 2020 has proposed to remove the Dividend Distribution Tax and thus investors have to pay tax on them as per applicable tax rates. It was a tax imposed on dividends in which the companies distributed their profits among their shareholders. Till now it was taxable at the companys end and was deducted at the time of the distribution. This tax law was imposed if the dividend amount was above 10 lakh then they were taxable. Removing this tax is lucrative for foreign investments who have a subsidiary in India.