Updates

Bliss GVS Pharma Limited has informed the exchanges about a communication sent to its shareholders regarding the tax deduction on dividend income. Following the Finance Act, 2020, dividend distribution tax has been abolished, and dividend income is now taxable directly in the hands of shareholders. The company has emailed shareholders with registered IDs, explaining the new tax deduction process. This communication details the formalities shareholders must follow to ensure appropriate tax deduction on any dividend declared at the 41st Annual General Meeting for FY 2026-2027. Investors should review this information to understand their tax obligations for future dividend payouts.