Dear Sir,
The Indian private company pays salary to Singapore based resident as a salary which is paid in Singapore Dollar only.
Since such salary liable for TDS u/s 192 for NRI also and the question involved here, is this payment is governed by which Article if DTAA (IND & Singapore) taken into account. And to take the beneficial of which ever is lower.
Thanks in Advance.
Taxation of Salary from Indian Company to Singapore Resident: TDS Applicability and DTAA Benefits under Section 192. An individual inquires about the taxation of a salary paid by an Indian private company to a Singapore-based resident, with the salary disbursed in Singapore Dollars. The question centers on whether this payment is subject to Tax Deducted at Source (TDS) under Section 192 for Non-Resident Indians (NRIs) and which Article of the Double Taxation Avoidance Agreement (DTAA) between India and Singapore applies. The individual seeks to understand which provision offers the most beneficial tax treatment. (AI Summary)