NBCC (India) Limited has informed the Exchange regarding 'General: Communication on Tax Deduction at Source (TDS) on Interim Dividend (FY 2025-26)'.
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NBCC (India) Limited has informed the stock exchange about the Tax Deduction at Source (TDS) provisions applicable on the interim dividend declared for the financial year 2025-26. The communication outlines the TDS rates that will be applied to shareholders, which typically include 10% for resident shareholders who provide their PAN and 20% for those who do not, along with applicable rates for non-resident shareholders. Shareholders may need to submit declarations or forms such as Form 15G/15H (for eligible resident shareholders) or other relevant certificates to claim a lower or nil TDS rate. The company is required to deduct tax before crediting the dividend amount to shareholders' accounts.
Shareholders should review their PAN details and submit relevant tax exemption forms (like 15G/15H) before the record date to avoid or reduce TDS on their dividend income. This is a routine compliance filing and is not expected to directly impact the stock price, but it reminds investors of the tax implications on the interim dividend they will receive.