Mangal Compusolution Ltd — Important, 03-09-2025: Company Update
03-09-2025 | 01:09 pm
03-09-2025 | 01:09 pm
Mangal Compusolution has informed shareholders about tax deduction at source (TDS) on the final dividend. The Board earlier proposed a final dividend of Rs. 0.50 (5%) per equity share for the last financial year, subject to shareholder approval. As per tax rules, the company must deduct tax from dividend payments. TDS rates vary based on shareholder type and submitted documents; individuals receiving less than Rs. 10,000 may be exempt. Shareholders should update their PAN and submit necessary forms, like 15G/15H, to ensure the correct tax rate is applied to their dividend.
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