ULTRAMARINE & PIGMENTS LTD.-$ - 506685 - Communication To Shareholders - Intimation On Tax Deduction On Dividend
Pursuant to the Finance Act, 2020, with effect from April 1, 2020, Dividend Distribution Tax has been abolished and dividend income is taxable in the hands of the shareholders. In this regard, please find enclosed herewith an e-mail communication which has been sent to all the shareholders of the Company whose email IDs are 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. This Communication is also being made available on the website of the Company at www.ultramarinepigments.net / investors/investors information. This is for your information and records.09-06-2021