Is dividend tax a direct tax in India?

It is difficult to classify it because some times it is direct tax while on other times it becomes indirect tax.

If dividend tax is imposed on company itself then it is an example of indirect tax because the company can shift it towards market/ consumers by increasing the prices.

Mostly dividend is paid to share holders. If dividend is distributed among share holders then definitely it increases their income, they will have to pay income tax i.e. it is direct tax.

Now a days dividends are exempted from tax in order to motivate the companies to increase their production, income