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BSE SENSEX
74,339.44
+486.50
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Corporate Announcement
Security Code
500800
Company
Tata Consumer Products Ltd
Exchange Received Time
28/05/2020 12:48:27
Exchange Disseminated Time
28/05/2020 12:48:30
Time Taken
00:00:03
Communication To Shareholders - Intimation On Tax Deduction On Dividend |
5/28/2020 12:48:28 PM
Pursuant to the Finance Act, 2020, with effect from April 1, 2020, Dividend Distribution Tax is abolished and dividend income is taxable in the hands of the shareholders.
In this regard, please find enclosed herewith an email communication which has been sent to all the shareholders having their email ID's 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 is for your information and records
Attachment
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