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Gujarat State Petronet: Communication Sent To Shareholders - Intimation On Tax Deduction On Dividend

Pursuant to the Finance Act 2020 with effect from 1st April 2020 Dividend Distribution Tax has been abolished and dividend income is taxable in the hands of the Shareholders. In this regard please find enclosed herewith an e-mail communication which has been sent to all the Shareholders of the Company whose e-mail IDs are registered with the R&TA/Depositories explaining the process on withholding tax from Dividends to be paid to the Shareholders at prescribed rates. This communication is also being made available on the website of the Company at www.gspcgroup.com.This is for your information and records.

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