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S&P
BSE SENSEX
74,560.55
+707.61
+0.96 %
Corporate Announcement
Security Code
513434
Company
Tata Metaliks Ltd
Exchange Received Time
05/08/2020 20:54:10
Exchange Disseminated Time
05/08/2020 20:54:15
Time Taken
00:00:05
Communication To Shareholders - Intimation On Tax Deduction On Dividend |
08/05/20 20:54
Pursuant to the Finance Act, 2020, with effect from April 1, 2020, Dividend Distribution Tax has been abolished and dividend income is taxable in the hands of the shareholders.
In this regard, please find enclosed herewith an e-mail communication which has been sent to all shareholders of the Company whose e-mail IDs are registered with the Company/ Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates along with the necessary annexures.
This communication is also being made available on the website of the Company at www.tatametaliks.com.
This is for your information and records.
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