Dividend19 Jun 2026, 02:41 pm
Savera Industries: Dividend TDS Info Sent to Shareholders
AI Summary
Savera Industries Ltd has communicated to its shareholders regarding the deduction of Income Tax at source (TDS) on dividends for the financial year 2025-26. The company will deduct TDS at applicable rates based on shareholder residency and submitted documentation. Shareholders are urged to submit necessary documents to Cameo Corporate Services Limited by August 30, 2026, to claim exemptions or avail lower/nil TDS rates. For resident individuals, TDS is 10% with PAN, 20% without or with invalid PAN. For non-residents, the rate is 20% plus surcharge and cess, or the applicable tax treaty rate, whichever is lower, requiring specific documentation like TRC and Form 41.
Key Highlights
- Company informed shareholders about dividend TDS for FY 2025-26.
- TDS rates vary based on residency and submitted documents.
- Deadline for document submission is August 30, 2026.
- Resident shareholders face 10% TDS with PAN, 20% without.
- Non-residents require specific documents for treaty benefits.
Price Impact
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