Wardwizard Innovations & Mobility's Board has proposed a final dividend of Rs. 0.10 per equity share for FY 2024-25, pending shareholder approval. This dividend will be subject to Tax Deducted at Source (TDS), as dividend income is now taxable for shareholders. TDS rates vary based on shareholder category, residency, and submitted documentation. Shareholders must submit necessary tax declarations (like Form 15G/15H or Tax Residency Certificates) by the specified cutoff to avail lower or nil withholding tax. Non-compliance, including invalid PAN or unlinked PAN-Aadhaar, will result in higher TDS rates.
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