Tax Technology

Navigate Dividend Withholding Tax

PwC’s web-based tool that obtains data from a company and RTA and automates the TDS compliances on the dividend declaration by the company

A PwC India product

PwC’s Navigate Dividend Withholding Tax Solution is powered by a web-based tool that integrates data obtained from a company and its shareholders and automates TDS compliances for the company, declaring dividends to a large extent.

Challenges

Complex withholding tax rules that require evaluation of multiple parameters

Collation and collection of data from multiple sources, analysis, and validation of base data

Manual review of shareholder documentation, declarations, clarifications, and forms

Short timeline to complete TDS review process, strict penalties, interest, and associated remediation costs

Key Benefits

01

End-to-end/modular solution

02

Automated processing of voluminous data

03

Significantly accurate data

04

Centralised repository of data

05

Comprehensive tax rules engine

06

Tax advisory support during the project

Key Features

  • Data collation and information review: The data of the shareholder is fed into the dividend tool.
  • Computation of TDS amount: The dividend tool provides an output, outlining the taxes to be withheld from dividends.
  • Assistance in filings and compliances: Output files for filing 15CA/CB (XML’s), 15G/H, TDS returns and SFT filing

Indian multinational conglomerate

Indian listed group into diverse businesses including port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing, and infrastructure.

Food service company

Listed Indian food service company holding a franchise for the world’s largest pizza outlet.

US-based pharma company

An American multinational medical devices and healthcare company listed in India.

Indian pharma API company

Three-decade-old API manufacturer with expertise in human API.

India’s oldest music label

An Indian music label – global owner of sound recording and publishing copyrights.

Speak with an Expert

Get in Touch

Product Owners

Siddharth Mehta

siddharth.m@pwc.com

Prashanth Agarwal

prashanth.agarwal@pwc.com

Aman Goel

aman.goel@pwc.com

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