Coal India Declares ₹10.25 Second Interim Dividend for FY26, Details Tax Deductions

Coal India Limited announced the declaration of its 2nd Interim Dividend for the financial year 2025-26. The key details are as follows: * The Board of Directors, at their meeting held on 29th October 2025, declared a 2nd Interim Dividend of ₹10.25 per equity share, each having a face value of ₹10. * The Record Date for determining the eligible shareholders for this dividend payment is Tuesday, 4th November 2025. * In accordance with the Income Tax Act, 1961, dividend declared and paid by the company is taxable in the hands of the shareholders, effective from 1st April 2020. * The company will deduct tax at source (TDS) under sections 194, 195, and 196D of the Income Tax Act, 1961, based on the shareholder's status and category. * For resident shareholders, a 10% TDS rate generally applies. Exemptions are available if dividend income does not exceed ₹10,000, or by submitting Form 15G/15H, or for specific entities like Mutual Funds, Insurance Companies, and certain government corporations. A 20% TDS will apply if PAN is not furnished or is invalid. * For non-resident shareholders, a 20% TDS rate (plus applicable surcharge and cess) or a lower rate as per the Double Taxation Avoidance Agreement (Tax Treaty) will apply. To avail Tax Treaty benefits, shareholders must submit their PAN, Tax Residency Certificate (TRC), electronically generated Form 10F, and a self-declaration. * A higher TDS rate of 30% (plus applicable surcharge and cess) will be applied to non-resident shareholders who are tax residents of Notified Jurisdictional Areas under Section 94A(1). * Shareholders are required to submit all tax-related documents, including Forms 15G/15H, certified copies of PAN, and TRCs, through the dedicated web portal at https://taxportal.coalindia.in. * The tax portal will be accessible from Thursday, 30th October 2025, until Wednesday, 5th November 2025, which is the cut-off date for submissions. * Documents submitted after 5th November 2025 will not be accepted, potentially leading to a higher tax deduction on dividend payouts. * TDS certificates related to dividend payments will be available for download exclusively through the online Tax portal and will not be mailed separately. * Shareholders are advised to ensure their Aadhaar number is linked with PAN to avoid a higher TDS rate of 20% under Section 206AA if their PAN becomes inoperative.