Dividend5 Jun 2026, 05:11 pm
Dalmia Bharat Informs Shareholders on Dividend TDS Rules
AI Summary
Dalmia Bharat Limited has communicated to its shareholders regarding the Tax Deducted at Source (TDS) provisions applicable to the final dividend for FY 2025-26, as per the Income Tax Act, 2025. The company will deduct TDS at 10% for resident shareholders with valid PAN, and 20% for those without or with inoperative PAN. Resident individuals receiving up to ₹10,000 in dividends during FY 2026-27 are exempt, provided they meet certain conditions and submit Form 121. Specific documentation is required for exemptions for resident non-individuals like insurance companies, mutual funds, and AIFs. Non-resident shareholders will also be subject to TDS as per applicable rates.
Key Highlights
- Communication issued on dividend TDS provisions under Income Tax Act, 2025.
- TDS rate is 10% for resident shareholders with valid PAN, 20% otherwise.
- Resident individuals exempt if dividend income is below ₹10,000.
- Specific documentation required for TDS exemptions for non-individuals.
- Final dividend payment is subject to TDS deduction.
Price Impact
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