Ganesh Housing Recommends ₹1.50 Dividend, Details TDS Rules

Ganesh Housing Ltd has announced its Board of Directors has recommended a final dividend of ₹1.50 per equity share for FY 2025-26. The company has also issued a detailed communication to shareholders regarding the deduction of tax at source (TDS) on this dividend, as per the Income-tax Act, 2025. The communication outlines the applicable TDS provisions, rates, and required documentation for both resident and non-resident shareholders to ensure correct tax deduction. Shareholders are advised to update their PAN and residential status with the company or its registrar. Specific forms and declarations are required for various categories of shareholders to avail exemptions or lower TDS rates, including for individuals with low income, entities with tax exemptions, and non-residents seeking DTAA benefits.