Indian Oil Corporation Limited has informed the Exchange regarding 'E-mail Communication to members of Indian Oil Corporation Ltd. - Deduction of TDS on Interim Dividend for the year 2025-26'.
IOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indian Oil Corporation has sent an email to its members explaining how Tax Deducted at Source (TDS) will be applied on the interim dividend declared for the financial year 2025-26. The communication informs shareholders about applicable TDS rates, which differ based on whether the shareholder is a resident individual, domestic company, NRI, or other category. Members who want TDS deducted at a lower or nil rate are asked to submit the required documents such as PAN, Aadhaar, Form 15G/15H, or tax residency certificates before the cut-off date. The note serves as a compliance reminder so shareholders receive their dividend with the correct tax treatment rather than facing excess deduction.
This is a routine tax-procedural update and does not change the dividend amount itself. Shareholders should ensure their PAN and exemption documents are in order with the company's registrar to avoid a higher TDS cut and receive their correct net dividend on time.