TDS on Dividend - Pledged Holdings

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Ajustment of TDS on LIQUID BEES DIVIDEND for units pledged

@nithin As it was proposed to levy tax deducted at source ( TDS) of 10 per cent on dividend/income paid by a company or mutual fund to its share/unit holder if the amount of such dividend/income exceeds Rs 5,000 in a year. I understand that Zerodha will be continuing with the current procedure for crediting the dividend units to the respective unit holder who has pledged Liquid bees for margin. Since the introduction of TDS on dividend is introduced and the MF is going to credit the TDS in yo…

hope this helps!

Zerodha shall credit the tds in your corresponding PAN every quarter. you can check your 26AS statement. sT