- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
PI Industries Limited has approved an interim dividend of ₹6.00 (₹6) per equity share for the financial year 2024-25. The record date for dividend payment is set for February 14, 2025. Shareholders must be aware that under recent tax provisions, dividends are taxable, and the company will withhold taxes based on the applicable rates for various shareholder categories. Resident shareholders may avoid TDS if their total dividend does not exceed ₹5,000 for the financial year. Non-resident shareholders face a 20% withholding tax, plus any applicable surcharge and cess, unless they can provide documentation for a lower tax treaty rate. Shareholders are urged to submit necessary documents by the record date to ensure proper tax treatment on their dividend payments. Staying proactive regarding submissions could maximize net dividends received.