ALPHA TRIBE

Aster DM Healthcare LimitedImportant, 06-02-2025: General Updates

06-02-2025 | 06:55 pm

Aster DM Healthcare has declared an interim dividend of ₹4 per share for the financial year 2024-25. The record date to determine shareholder eligibility for this dividend is set for February 10, 2025. Shareholders will have tax deducted at source (TDS) as per the relevant provisions of the Income-tax Act, 1961, with specific rates applicable to resident and non-resident members. For residents, tax will be deducted at a standard rate of 10% if a valid PAN is provided; otherwise, the rate increases to 20%. Non-residents may face a withholding tax rate of 20% or as defined by applicable double taxation agreements, requiring certain documentation to avail tax benefits. Shareholders are urged to submit necessary declarations and updates before the cut-off date, February 14, 2025, to ensure compliance with the tax deduction requirements.

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