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WebApr 12, 2024 · According to the act, shares that remain unclaimed and dividends that remain unpaid for seven consecutive years must be transferred to the Investor Education and Protection Fund Authority (IEPF). With unpaid dividends and unclaimed shares of an entire nation getting transferred to one entity, IEPF's holdings have skyrocketed over the years. WebDividends are distinct from other investment income, like interest on bonds, in a couple of ways. First, dividends are taxed at the more favorable capital gains tax rates. This can be … phonetic short a
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