General Announcement::Intimation on Tax Deduction on Dividend

Issuer & Securities

Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$300M5.875%N250520 - XS2079668609 - FGLB
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Jun-2023 21:05:57
Status
New
Announcement Sub Title
Intimation on Tax Deduction on Dividend
Announcement Reference
SG230612OTHR80QS
Submitted By (Co./ Ind. Name)
Tata Motors
Designation
Senior Manager
Effective Date and Time of the event
12/06/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to the Finance Act, 2020, with effect from April 1, 2020, dividend income is taxable in the hands of the Shareholders.

In this regard, please find enclosed herewith an email communication which is being sent to all the Shareholders of the Company whose email IDs are registered with the Company/Depositories, giving a gist of the applicable provisions of the Income Tax Act, 1961 and the Rules framed thereunder, as amended by the Finance Act, 2020 relating to Tax Deduction at Source (TDS) along with the necessary annexures.

This communication is also being made available on the website of the Company at
https://www.tatamotors.com/investors/annual-reports/.

This is for the information of the Exchanges and the members.

Attachments

DividendIntimation.pdf
Total size =1762K