Investor Services

Tax on Final Dividend FY 2026-27

Income Tax Act, 2025 ('The IT Act') mandates that dividends paid or distributed by a company shall be tax-able in the hands of shareholders and the Company shall be required to withhold tax at the applicable tax rates for resident shareholder at 10% with valid Permanent Account Number (PAN) or at 20% without PAN/invalid PAN/ PAN not linked with Aadhaar (inoperative PAN) and for non-resident shareholders at the rates prescribed under the IT Act or Tax Treaty. No TDS will be deducted on dividend payable to a res-ident individual shareholder if the aggregate of the amounts of such dividend, paid during the relevant Fi-nancial Year ('FY') i.e. FY 2026-27, does not exceed INR 10,000/-.

The Board of Directors of Info Edge (India) Limited (the Company) in their meeting held on May 22, 2026 have recommended a final dividend of Rs. 3.60/- per equity share for the financial year ended March 31, 2026 subject to shareholder's approval at the ensuing Annual General Meeting to be held on Tuesday, Au-gust 25, 2026.

If you are a shareholder of the Company as on the record date (i.e. Friday, July 24, 2026, and the dividend receivable by you is taxable under the IT Act, , the Company shall be obligated to deduct taxes at source on the dividend payable to you as per the applicable provisions under the IT Act.

Accordingly, in order to enable the Company to determine the appropriate tax rate at which tax has to be deducted at source under the respective provisions of the IT Act, we request you to provide the below-mentioned details and documents as applicable to you on or before Thursday August 13, 2026. The final dividend will be paid subject to same approved by the shareholders of company in the ensuing Annual General Meeting as aforesaid and after deduction of tax at source as determined on the basis of the below-mentioned documents provided by the respective shareholders as applicable to them and being found satis-factory

A. Resident shareholders:

No TDS will be deducted on dividend payable to a resident individual shareholder if the amount of such dividend, or, as the case may be, the aggregate of the amounts of such dividend, paid during the relevant Financial year (‘FY’) i.e. FY 2026-27, does not exceed INR 10,000/-.

A.1 Tax deductible at source for Resident Shareholders (other than resident individual shareholders receiving dividend not exceeding INR 10,000/- during the FY 2026-27)

S No. Particulars Withholding tax rate Declaration / documents required/Remarks
1 Valid PAN updated with the Depository Partic-ipant in case shares are held in dematerialized form; or Registrar and Transfer Agent(‘RTA’) in case shares are held in physical form and no exemption sought by Shareholder 10% N.A.
2 No PAN/Invalid PAN with the Depository Par-ticipant in case shares are held in dematerial-ized form; or RTA in case shares are held in physical form and no exemption sought by Shareholder or if Aadhar number is not linked with the PAN 20% N.A.
3 Availability of lower/nil tax deduction certifi-cate issued by Income Tax Department u/s 395 of the Act Rate specified in Lower tax with-holding certificate obtained from In-come Tax De-partment
  • Copy of PAN card
  • Copy of lower tax withholding certificate obtained from Income Tax Department

A.2 Nil Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders sub-mit documents mentioned in the below table with the Company/RTA on or before August 13, 2026

S No. Particulars Declaration / documents required
1 An Individual furnishing Form 121
  • Copy of PAN card
  • Declaration in Form No. 121 (applicable to an indi-vidual who is less than 60 years)/Form 121 (applica-ble to an Individual who is 60 years and above), ful-filling prescribed conditions.
2 Shareholders to whom section 393 of the Act does not apply such as LIC, GIC, etc.
  • Copy of PAN card
  • Self-declaration (Format enclosed in Annexure 1)along with adequate documentary evidence (e.g. reg-istration certificate), to the effect that the no tax withholding is required as per provisions of section 393 of the Act.
3 Shareholder covered u/s 393 of the Act such as Government, RBI, Mu-tual Funds specified under Schedule VII (Sl. No. 20) of Section 11, cor-porations established by Central Act and exempt from Income Tax.
  • Copy of PAN card
  • Self-declaration (Format enclosed in Annexure 1)along with adequate documentary evidence, substan-tiating applicability of 393 of the Act.
4 Category I and II Alternative Investment Fund (AIF)
  • Copy of PAN card
  • Self-declaration (Format enclosed in Annexure 1) that AIF’s income is exempt under Schedule V (Sl. No. 1) of Section 11of the Act and they are governed by SEBI regulations as applicable to Category I or Category II AIFs, along with copy of registration certificate.
5 Any other entity exempt from with-holding tax under the provisions of section 393 of the Act (including those mentioned in Circular No. 18/2017 issued by CBDT)
  • Copy of PAN card
  • Self-declaration (Format enclosed in Annexure 1 and Annexure 2) along with adequate documentary evidence, substan-tiating the nature of the entity
  • Copy of the lower tax withholding certificate ob-tained from Income Tax Department (except those covered by Circular 18/2017)

B. NON-RESIDENT SHAREHOLDERS:

Tax deductible at source for non-resident shareholders.

S No. Category Withholding tax rate Declaration / documents required
1 Foreign Institutional Investors (FI-Is)/Foreign Portfolio Investors (FPIs) 20% (plus ap-plicable sur-charge and cess) or tax treaty rate whichever is beneficial
  • Self-declaration (Format enclosed in Annexure 3) along with adequate documentary evidence sub-stantiating the nature of the entity.
  • To avail beneficial rate of tax treaty following tax documents would be required:

1. Copy of PAN card (if available)
2. Copy of Tax Residency certificate issued by revenue authority of country of residence of shareholder for the FY 2026-27 (covering the period from April 1, 2026 to March 31, 2027)
3. Self-Declaration in Form 10F (Format enclosed in Annexure 5) filed electronically through the income tax e-filing por-tal as per CBDT notification number 03/2022
4. . Self-declaration for no permanent establishment/fixed base/business connection in India, place of effective management, beneficial ownership and eligibility to avail tax treaty benefit [on shareholder’s letter-head] (Format enclosed in Annexure 6).
(Note: Application of beneficial Tax Treaty Rate shall depend upon the completeness and satisfactory review by the Company of the documents submitted by the shareholders. In case the documents are found to be incomplete, the Company reserves the right to not consider the tax rate prescribed under the tax treaty)
2 Alternative Investment Fund – Category III located in International Financial Services Centre 10% (plus applicable surcharge and cess)#
  • Copy of PAN card (if available)
  • Self-declaration (Format enclosed in Annexure 4) along with adequate documentary evidence sub-stantiating the nature of the entity.
3 Other Non-resident shareholders (except those who are tax res-idents of Notified Ju-risdictional Area) 20% (plus applicable surcharge and cess) or tax treaty rate whichever is beneficial To avail beneficial rate of tax treaty following tax documents would be required:
1. Copy of PAN card (if available)
2. Copy of Tax Residency certificate issued by revenue authority of country of residence of shareholder for the FY 2026-27 (covering the period from April 1, 2026 to March 31, 2027)
3. Self-Declaration in Form 41  (Format enclosed in Annexure 5) filed electronically through the income tax e-filing por-tal as per CBDT notification number 03/2022
4. . Self-declaration for no permanent establishment/fixed base/business connection in India, place of effective management, beneficial ownership and eligibility to avail tax treaty benefit [on shareholder’s letter-head]  (Format enclosed in Annexure 6).
Note: Application of beneficial Tax Treaty Rate shall depend upon the completeness and satisfactory review by the Company of the documents submitted by the non-resident shareholders. In case the documents are found to be incomplete, the Company reserves the right to not consider the tax rate prescribed under the tax treaty)
4 Non-Resident Share-holders who are tax residents of Notified Jurisdictional Area as defined u/s 176 of the Act 30% NA
5 Sovereign Wealth funds and Pension funds notified by Cen-tral Government u/s under Schedule V(Sl. No.7) of Section 11 of the Act NIL
  • • Copy of the notification issued by CBDT sub-stantiating the applicability under Schedule V(Sl. No.7) of Section 11of the Act issued by the Government of India.
  • Self-Declaration (Format enclosed in Annexure 7 and Annexure 8 ) that the conditions specified under Schedule V(Sl. No.7) of Section 11 of the Acthave been complied with
6 Subsidiary of Abu Dhabi Investment Au-thority (ADIA) as pre-scribed under Sched-ule V(Sl. No.7) of Section 11 of the Act NIL Self-Declaration (Format enclosed in Annexure 9) substantiating the fulfillment of conditions prescribed under Schedule V(Sl. No.7) of Section 11 of the Act.
7 Availability of Low-er/NIL tax deduction certificate issued by Income Tax Depart-ment u/s 393 or 395 of the Act Rate specified in Lower tax withholding cer-tificate obtained from Income Tax Department Copy of the lower tax withholding certificate obtained from Income Tax Department.

#In case PAN is not updated with the Company’s RTA i.e. Link Intime India Private Limited or Depository; or PAN is not available; and information sought in the declaration are not provided, higher rate of withhold-ing tax as per section 397 shall be applied
Notes:

  1. In case where the proposed final dividend payable to the Individual shareholders is less than or equals to ₹10,000 but the total dividend paid/payable to such shareholder during FY 2026-27 exceeds ₹ 10,000, TDS shall be deducted on the total dividend paid/payable during FY 2026-27 and be recovered from the proposed interim dividend.
  2. The Company will issue soft copy of the TDS certificate to its shareholders through email regis-tered with the Company/ MUFG Intime Private Limited (formerly known as Link Intime India Private Limited) post payment of the dividend. Shareholders will be able to download the tax credit statement from the Income Tax Department’s website https://incometaxindiaefiling.gov.in
  3. The documents such as Form 121, documents under section 393, FPI Registration Certificate, Tax Residency Certificate, Lower Tax certificate etc. can be uploaded on the link MUFG Intime India Pvt Ltd - Tax Exemtion on or before August 13, 2026 to enable the Company to determine the appropriate withholding tax rate applicable. In case where copy of documents (such as, PAN card, Registration certifi-cate, etc.) is provided, the copy should be self-attested by the Shareholder or its authorized sig-natory. Shareholders holding shares of the Company as on the record date i.e. Friday, July 24, 2026 shall only be required to submit the documents/declarations. Any communication in rela-tion to tax rate determination/deduction received post August 13, 2026 shall not be considered in view of stipulated timelines of dividend payment.
  4. Please note that three cells are available [(a) for KYC, (b) Exemption Form 121 etc., and (c) for any other supporting document] on the aforesaid link for uploading the documents. In case you wish to upload multiple documents for each category, kindly scan them all in one file and up-load them in the relevant category cell up to the maximum file size of 1MB. Kindly note that the Company will not accept any declaration/document on any email address. Please send a mail at dividend.tds@infoedge.com for any issues in uploading the documents.
  5. Kindly use the link as provided in note (iii) to upload declaration/documents.
  6. Determination of withholding tax rate is subject to necessary verification by the Company of the shareholder details as available with the Depository participant in case shares are held in dematerialized form; or MUFG Intime Private Limited (formerly known as Link Intime India Private Limited) in case shares are held in physical form as on the Record Date, and other doc-uments available with the Company/ MUFG Intime Private Limited (formerly known as Link Intime India Private Limited) Shareholders holding shares under multiple accounts under dif-ferent residential status/category and single PAN, may note that, higher of the tax rate as appli-cable to different residential status/ category will be considered for their entire shareholding un-der different accounts.
  7. In case of ambiguous, incomplete or conflicting information, or the valid infor-mation/documents not being provided, the Company will deduct tax at the maximum applicable rate.
  8. In case withholding tax is deducted at a higher rate, an option is still available with the share-holder to file the return of income and claim an appropriate refund. No claim shall lie against Company for any taxes deducted by the Company.
  9. In terms of Rule 203 of Income Tax Rules, 2026 if dividend income on which tax has been de-ducted at source is assessable in the hands of a person other than the deductee, then deductee should file declaration with Company in manner prescribed by Rules on the link provided in note iii. above on or before August 13, 2026.
  10. In the event of any income tax demand (including interest, penalty, etc.) arising from any mis-representation, inaccuracy or omission of information provided by the shareholder, the share-holder will be responsible to indemnify the Company and also, provide the Company with all information / documents and co-operation in any tax proceedings
  11. This Communication is not exhaustive and does not purport to be a complete analysis or listing of all potential tax consequences in the matter of dividend payment. Shareholders should con-sult their tax advisors for requisite action to be taken by them.
  12. Shareholders are requested to ensure that their bank account details in their respective demat accounts are updated, to enable the Company to make timely credit of dividend in their bank accounts. We seek your cooperation in this regard.