Nithin Kamath compared benefits of earning via dividends and share trading. "If you take money out...as dividends, effective tax is 52%...Through capital gains, it's just 14.95% (with cess)," he said. "Brother, with this logic, all investors should...wait for...dividends only rather than...realising capital gain. Would Zerodha/any other broker still be in business then?" Ashneer Grover replied.