ANDHRA PAPER LIMITED — Important, 16-07-2025: General Updates
16-07-2025 | 03:23 pm
16-07-2025 | 03:23 pm
Andhra Paper's Board has approved a final dividend of ₹1.00 per share for FY25. Shareholders will have Tax Deducted at Source (TDS) on this dividend. Resident investors face 10% TDS with a valid PAN, potentially 20% if their PAN is invalid or unlinked to Aadhaar. No TDS applies for resident individuals if the dividend is under ₹10,000 or if Form 15G/15H is furnished. Non-residents may face 20% TDS, with options for lower rates via tax treaty benefits or a nil/lower tax certificate. Ensure PAN and bank details are updated, and tax documents are submitted promptly.
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