Pursuant to Finance Act 2020 effective April 1 2020 Dividend Distribution Tax has been abolished and dividends paid or distributed by a company shall be taxable in the hands of the shareholders.
In this regard kindly find enclosed herewith an e-mail communication which has been sent on Saturday June 26 2021 to all the shareholders whose e-mail IDs are registered with the Company/Depositories stating the process on Tax Deduction at Source (TDS) from
dividend to be paid to the shareholders along with the format of declarations and tax exemption forms.
Kindly note that all the documents/declarations should be submitted by the shareholders on or before Monday July 12 2021 5:00 p.m. (IST) in order to enable the Company to
determine and deduct appropriate TDS/withholding tax rate as applicable.
The aforesaid information is also placed on the website of the Company at: www.bluestarindia.com
Kindly take the same on record.
Ask Value Research 
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