StockWatch
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Housing Finance Company
Dividend2 Jun 2026, 04:04 am

Home First Finance Co. Intimates Tax Deduction on Dividend

AI Summary

Home First Finance Company India Ltd has issued an intimation regarding tax deduction on the recommended dividend of ₹5.20 per equity share. The company has set May 29, 2026, as the record date and June 10, 2026, as the deadline for shareholders to submit documents for claiming tax deductions. Detailed communication has been sent to shareholders outlining the process for TDS on dividends for both resident and non-resident categories, including specific requirements for different types of entities and the implications of PAN-Aadhaar linkage. Shareholders are advised to submit necessary documentation by the stipulated deadline to ensure appropriate tax withholding.

Key Highlights

  • Dividend of ₹5.20 per share recommended, subject to AGM approval.
  • Record date set for May 29, 2026; document submission deadline June 10, 2026.
  • Detailed guidelines provided for TDS on dividends for resident and non-resident shareholders.
  • Importance of PAN-Aadhaar linkage highlighted for tax deduction rates.
  • Shareholders must submit documents by June 10 to ensure correct TDS.