
Dividend22 Jul 2026, 06:00 pm
IVP Ltd to Send Shareholder Communication on Dividend TDS
AI Summary
IVP Ltd is informing shareholders about communications regarding Tax Deducted at Source (TDS) on dividends. The company plans to recommend a dividend of ₹1.5 per equity share for FY26, subject to AGM approval. The communication details the process for claiming tax exemptions and outlines TDS provisions under the Income Tax Act, 2025. For resident individuals, TDS is 10% if PAN is valid, 20% if not, with exemptions for dividends up to ₹10,000 or upon submission of Form 121. Specific TDS rates and exemption documentation are provided for various resident non-individual categories like insurance companies, mutual funds, and AIFs.
Key Highlights
- IVP Ltd to communicate TDS procedures for upcoming dividend.
- Recommended dividend of ₹1.5 per share for FY26.
- TDS rates vary for resident and non-resident shareholders.
- Exemptions available for resident individuals and specific entities.
- Shareholders must update bank details for timely dividend credit.
Price Impact
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