The effective rate of Dividend Distribution Tax has increased from 20.47 percent to 20.92 percent due to an increase in surcharge. It affects only investors in dividend or dividend reinvestment options of funds.
So, you've taken the plunge. You've decided it is time to bring a new person into your lives. Exciting times lie ahead. There is nervousness too. As difficult as it is to admit and while it’s not looming large, a part of the anxiety could be related to how the finances are going to work out. You can make it a little easier on yourselves by a little bit of planning – the financial kind.