Siemens Energy India Limited has communicated details regarding tax deduction at source (TDS) on dividend payments for the financial year ending September 30, 2025. The communication outlines applicable TDS rates for resident and non-resident members and instructions for providing necessary documentation to ensure appropriate tax withholding. Members are requested to submit the required documents by January 23, 2026.
TDS on Dividend for FY 2024-25
Siemens Energy India Limited has announced information related to the deduction of tax on dividend, if declared, for the financial year ended September 30, 2025. The details of the tax deduction at source (TDS) are provided to the members of the company.
Key Dates and Information
The company requests members to provide prescribed details and documents by Friday, January 23, 2026, to determine the appropriate withholding tax rate.
TDS for Resident Members
Tax is required to be deducted at source at 10% on the amount of dividend where members have registered their valid Permanent Account Number (PAN). If members do not have PAN or have an invalid PAN, TDS will be deducted at 20%.
No tax will be deducted if the total dividend paid is up to Rs. 10,000/- during FY 2025-26 or if Form 15G/15H is provided, subject to meeting eligibility conditions.
TDS for Non-Resident Members
Taxes are required to be withheld as per Section 195 of the Act, with TDS at 20% plus applicable surcharge and cess. Non-Resident members may provide a certificate under Section 197/195 for lower/Nil withholding of taxes.
To avail Tax Treaty benefits, Non-Resident members are required to provide self-attested copies of PAN, Tax Residency Certificate (TRC) for the period April 2025 to March 2026, electronically furnished Form 10F, and a self-declaration of having no Permanent Establishment in India.
Submission of Documents
Members are requested to send scanned copies of the required documents to siemensenergydivtax@in.mpms.mufg.com by Friday, January 23, 2026.
Account Details Update
Members are requested to submit their PAN, contact, bank account, and nomination details to their Depository Participant(s) or to MUFG Intime India Private Limited.
Source: BSE