Aviation firm announces dividend tax information for shareholders
InterGlobe Aviation announced on July 9, 2025, details pertaining to tax deductions on the final dividend for fiscal year 2024-25, which the board recommended at its meeting on May 21, 2025, at the rate of INR 10 per equity share. This dividend, if approved by shareholders at the upcoming Annual General Meeting (AGM), will be paid or dispatched within 30 days of the approval. The company is obligated to deduct Tax at Source (TDS) from dividends paid to shareholders, as dividend income is taxable. The applicable TDS rate will vary based on the shareholder's residential status and the documentation provided. The announcement details specific TDS rates for resident and non-resident shareholders, as well as the necessary documentation to claim exemptions or lower tax rates, and instructions for submitting required documentation. It specifies the process to follow in the event of certain circumstances. The information has been sent to all shareholders and placed on the company website, where it can be accessed at https://www.goindigo.in/.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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