Birla Corp Notifies Shareholders on Dividend Tax Deduction

Birla Corporation Limited has informed its shareholders about the deduction of tax at source (TDS) on dividends, as per the Income Tax Act, 2025. The company will deduct tax at applicable rates on dividends declared and payable during FY 2026-27. Shareholders are advised to update their PAN, residential status, and other details with depositories or the RTA to ensure correct TDS application. Resident individuals with valid PAN will face a 10% TDS, with exemptions for dividends not exceeding ₹10,000 or upon submission of Form No. 121.