Non-resident bond and GDR income attracts tax deduction on interest or dividends, with no monetary threshold prescribed.

Tax deduction at source applies to interest or dividend income from specified bonds or Global Depository Receipts payable to a non-resident. Any person responsible for the payment must deduct tax at the concessional rate of 10%. The obligation covers both interest and dividend income, and no monetary threshold is prescribed for deduction.

---

---

---