๐Ÿงพ

Dividend Tax in India

What every investor must know

๐Ÿ“Š
Slab
Taxed at Your Rate

Since FY 2020-21, dividends are taxed in the hands of the investor at their applicable income tax slab rate.

๐Ÿ’ธ
10%
TDS Above Rs.5,000

Companies deduct 10% TDS if total dividend from one company exceeds Rs.5,000 in a financial year. No TDS if PAN not furnished: 20%.

Filing Dividend Income
๐Ÿ“‹Report under 'Income from Other Sources'
๐ŸงพTDS shown in Form 26AS / AIS
๐Ÿ’ฐClaim TDS credit against tax liability
๐Ÿ“†Due date: 31 July (non-audit cases)
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