📦 1. At a Glance
JK Cement has declared a final dividend of ₹15/share for FY25, to be paid from July 21, 2025, post shareholder approval at the AGM on July 18.
But before you get your hopes up of treating yourself to a McAloo Tikki with that ₹15, here’s the catch:
They will deduct TDS unless you complete a bureaucratic dance before July 8.
💰 2. Dividend Details
| 🪙 Dividend Amount | ₹15 per share |
|---|---|
| 💼 Face Value | ₹10 |
| 🎯 Record Date | 8th July 2025 |
| 📤 Payout Date | On or after 21st July 2025 |
| 🧾 Mode | Bank transfer, after deducting TDS 😅 |
🧾 3. TDS for Resident Shareholders
✅ If you’ve given PAN:
- TDS = 10%
❌ If you haven’t linked PAN with Aadhaar:
- TDS = 20%
🎁 Exemptions (only if forms submitted):
- Dividend under ₹10,000/year → No TDS
- You earn below taxable limit → Submit Form 15G / 15H
- You’re an insurance co / MF / AIF → Submit relevant docs
⚠️ LAST DATE: 8th July 2025
Submit forms to NDML or JK Cement’s CS. No jokes — even a day late = no exemption. They’ll deduct full TDS and ask you to claim refund from I-T dept.
🌍 4. Non-Resident Shareholders: Treaty or Tragedy?
Default TDS = 20% + cess + surcharge
But…
You may be eligible for a lower Tax Treaty rate if (yes, this is real):
- You have a PAN
- You get a Tax Residency Certificate (TRC) from your country
- You submit Form 10F (uploaded on I-T portal)
- You send a self-declaration that you’re the beneficial owner
- FIIs must also send SEBI registration certificate
All this — by 8th July 2025. Or forget it.
🗃️ 5. Important Nuggets They Slipped In
- Even if your broker is holding shares for you, you must tell them to declare your name to JK Cement
- TDS certificates (Form 16A) will be sent by email
- If you’re late, JK Cement washes its hands off — “Claim it from IT dept, not us bhai”
🧠 6. EduInvesting Verdict™
JK Cement wants to give you ₹15 per share.
But in exchange, it wants:
- PAN
- Aadhaar link
- Demat update
- 15G/15H if you’re old or broke
- TRC + 10F + notarized apostille if you’re abroad
Welcome to India’s new dividend dystopia, where the joy of ₹15 comes wrapped in 15 forms.
💡 Moral of the story?
If you don’t want TDS to eat into your chai-biscuit money — submit your forms before 8th July, or be ready to fight the IT department like it’s Kaun Banega Refundpati.
✍️ Written by Prashant | 📅 July 8, 2025
Tags: JK Cement, Dividend TDS, Form 15G, Dividend July 2025, TRC, Form 10F, Tax Deduction on Dividend, PAN-Aadhaar Link, JKCE Dividend Compliance, EduInvesting Satire
