Dividend15 Jul 2026, 04:40 pm
Dai-Ichi Karkaria: TDS Communication on FY26 Dividend
AI Summary
Dai-Ichi Karkaria Ltd has issued a communication regarding the deduction of Tax Deducted at Source (TDS) on dividends for the Financial Year 2025-26. The company will deduct tax at source on dividends, as per the Income-tax Act, 2025. Shareholders are advised to update their PAN, KYC, bank details, and nomination to ensure smooth dividend payout and potential TDS exemptions. The recommended dividend is ₹1.50 per equity share, subject to AGM approval. TDS rates vary based on residential status and submitted documents, with a standard rate of 10% for resident shareholders and 20% for non-PAN holders.
Key Highlights
- TDS on dividend for FY 2025-26 is applicable as per Income-tax Act.
- Shareholders must update PAN, KYC, and bank details for dividend payout.
- Recommended dividend is ₹1.50 per equity share, subject to AGM approval.
- TDS rates vary; 10% for residents, 20% for non-PAN holders.
- Exemption from TDS possible for resident individuals below ₹10,000 dividend income.
Price Impact
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