https://www.taxtmi.com/acts?id=5122 Interest arising in a Contracting State may be taxed in the recipient's State, and may also be taxed in the State of source but, if the recipient is the beneficial owner, source-state tax shall not exceed 10 per cent of the gross interest. Exemptions apply where specified public and financial institutions beneficially own the interest, and alternative rules apply when the interest is effectively connected to a permanent establishment or fixed base. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 06 Mar 2009 12:23:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5122 Interest arising in a Contracting State may be taxed in the recipient's State, and may also be taxed in the State of source but, if the recipient is the beneficial owner, source-state tax shall not exceed 10 per cent of the gross interest. Exemptions apply where specified public and financial institutions beneficially own the interest, and alternative rules apply when the interest is effectively connected to a permanent establishment or fixed base. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5122