Withholding tax on interest from specified rupee bonds and government securities requires source deduction for foreign investors. A withholding provision requires payers of interest to Foreign Institutional Investors or Qualified Foreign Investors on specified rupee-denominated bonds and Government securities to deduct tax at source at a concessional rate, with the obligation triggered on credit or payment and subject to a notified cap on bond rates.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Withholding tax on interest from specified rupee bonds and government securities requires source deduction for foreign investors.
A withholding provision requires payers of interest to Foreign Institutional Investors or Qualified Foreign Investors on specified rupee-denominated bonds and Government securities to deduct tax at source at a concessional rate, with the obligation triggered on credit or payment and subject to a notified cap on bond rates.
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