Coal India Limited has declared a second interim dividend of ₹10.25 per equity share (face value of ₹10) for the financial year 2025-26. The dividend will be paid to shareholders holding equity shares as of the record date, Tuesday, November 4, 2025. Tax will be deducted at source (TDS) as per the Income Tax Act, 1961, based on shareholder category.
Interim Dividend Announcement
The Board of Directors of Coal India Limited, in a meeting held on October 29, 2025, announced the payment of a second interim dividend for the financial year 2025-26. The dividend amount is set at ₹10.25 per equity share, each having a face value of ₹10.
Dividend Payment Details
The dividend will be disbursed to shareholders holding equity shares of the Company in electronic or physical form. The record date for determining eligible shareholders is Tuesday, November 4, 2025.
Tax Deduction at Source (TDS)
As per the Income Tax Act, 1961, dividends are taxable in the hands of shareholders. Therefore, Coal India will deduct tax at source (TDS) under sections 194, 195, and 196D, depending on the shareholder’s status and category at the time of dividend payment.
TDS Rates for Resident Shareholders
Generally, a 10% TDS rate applies to resident shareholders. However, no tax will be deducted if the dividend income for individual shareholders during FY 2025-26 does not exceed ₹10,000. Exemptions also apply if shareholders provide Form 15G/15H declarations, subject to eligibility conditions. If a valid PAN is not furnished, the TDS rate will be 20%.
TDS for Non-Resident Shareholders
Non-resident shareholders will generally face a 20% TDS (plus applicable surcharge and cess), or the rate specified in the applicable Tax Treaty, whichever is lower. To claim treaty benefits, shareholders must provide a PAN card, Tax Residency Certificate (TRC), Form 10F, and a self-declaration.
Document Submission
Shareholders are requested to submit all tax-related documents through the designated web portal at https://taxportal.coalindia.in. The portal will be open from October 30, 2025, to November 5, 2025. If technical difficulties arise, documents can be emailed to [email protected]. Documents must be submitted by November 5, 2025, to avoid higher tax deductions.
Important Note for Aadhar Linking
Individual shareholders are urged to link their Aadhar number with PAN to avoid higher tax deductions as per Section 206AA of the IT Act.
Source: BSE
