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NELCO LTD. - Communication To Shareholders - Intimation On Tax Deduction On Dividend
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18 Jun 2020
Pursuant to the Finance Act, 2020, with effect from 1st April 2020, Dividend Distribution Tax is abolished and dividend income is taxable in the hands of the shareholders.&lt;BR&gt; &lt;BR&gt; In this regard, please find enclosed herewith an email communication which has been sent to all the shareholders having their email ID&apos;s registered with the Company/Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates along with the necessary annexures.&lt;BR&gt;
View all announcements for NELCO LTD. Source: BSE India