Nuvama Wealth Management Limited — Important, 26-10-2024: Updates

Nuvama Wealth Management Limited has declared an interim dividend of ₹63 per equity share for the financial year 2024-25. Shareholders are advised that TDS will be deducted based on residential status and PAN details. For resident shareholders, TDS may not apply if total dividends do not exceed ₹5,000. Non-residents will have TDS at 20% or the tax treaty rate, depending on documentation submitted. Important forms and submission deadlines are outlined for tax determination.