#Infosysdividend

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www.precisiontechnicals.com

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Infosys Ltd Final Dividend 2020-21 | Tax Deduction At Source On Dividend Payout | TDS | TechSuvichar

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Video Link:

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Dear Shareholder,

We hope this communique finds you safe and in good health.

The Board of Directors of Infosys Limited (the Company) in their meeting held on April 14, 2021 have recommended a final dividend of Rs.15/- per equity share for the financial year ended March 31, 2021 subject to shareholders’ approval at the ensuing Annual General Meeting to be held on June 19, 2021.

From Finance Act 2020, dividend is taxable in the hands of the shareholders and the Company is required to deduct taxes at source (TDS) at the rates applicable.

As per the latest information available with the depositories (NSDL/CDSL) or by the Registrar and Share Transfer Agent [KFin Technologies Private Limited (formerly Karvy Fintech Private Limited)], you are a Resident Individual shareholder of the company and having a valid Permanent Account Number (PAN). If you remain as a shareholder on record date and aggregate of total dividend receivable by you from the company during the financial year does not exceed Rs. 5000, company is not required to deduct TDS as per the provisions of the Income Tax Act, 1961.

If there is any change in the above information, you are requested to update your records such as tax residential status, permanent account number (PAN), registered email address, mobile numbers and other details with your relevant depositories through your depository participants in case you are holding shares in dematerialized form. If you are holding shares in physical mode, you are requested to furnish details to the Company’s registrar and share transfer agent KFin Technologies Private Limited. In case of any change in the above information, the TDS implications will vary accordingly. The relevant TDS implications for other categories of shareholders can be accessed at https://www.infosys.com/investors/shareholder-services/dividend-tax.html.

The company has enabled the shareholder’s portal from the date of this communication. The portal can be accessed at https://www.infosys.com/investors/shareholder-services/dividend-tax.html.

Please reach out to us at dividend.tax@infosys.com for any queries.

Wishing you a safe stay.

Thanking you,

Regards,

for Infosys Limited

A.G.S. Manikantha

Company Secretary

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