The government currently holds 78.5 percent in Coal India
The Central government is expected to get Rs 8,044 crore as interim dividend from state-owned Coal India Ltd for the fiscal year 2017-18.
The miner's board of directors have approved payment of interim dividend for the current fiscal at a rate of Rs 16.50 per share, it said in an exchange filing.
The Centre will also garner around Rs 2,085 crore as dividend tax from the mining major, a senior Coal India official told PTI.
The company's total payout on account of dividend is to the tune of Rs 10,242 crore.The government currently holds 78.5 percent in Coal India.