Infrastructure Debt Fund interest payments to specified non-residents require concessional tax withholding without any payment threshold.

Interest payable by an eligible Infrastructure Debt Fund to a non-resident other than a company, or to a foreign company, is subject to tax deduction at source. The Infrastructure Debt Fund is responsible for deduction at the prescribed concessional rate of 5%, with no threshold limit. Every eligible interest payment attracts withholding, and deduction is required at the earlier of credit of the income or its payment.

---

---

---