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The Board of Directors of Procter & Gamble Hygiene and Health Care Limited has declared an interim dividend of ₹110 per equity share for the financial year 2024-25. Shareholders registered by the record date of February 20, 2025, will receive the dividend, subject to applicable tax deductions at source (TDS) as per Indian tax regulations.
For resident shareholders, TDS rates will be based on their PAN status, with specific exemptions available if dividend income does not exceed ₹5,000. In cases where PAN is unavailable or invalid, a higher rate of 20% applies. Non-resident shareholders will face a standard 20% TDS rate unless they provide documentation to claim a lower rate under Double Taxation Avoidance Agreements (DTAA).
Shareholders are encouraged to submit requisite forms (such as Form 15G or 15H) and update their PAN and bank details to ensure proper dividend processing and TDS deduction. They must do so before February 16, 2025, to avoid higher tax deductions. This proactive approach will help prevent unnecessary tax burdens and expedite dividend receipt.
All announcements from Procter & Gamble Hygiene and Health Care Limited