https://www.taxtmi.com/acts?id=15061 Interest paid to a resident of the other Contracting State may be taxed in the recipient's State; the source State may also tax such interest but, if the beneficial owner is resident of the other State, the tax charged in the source State is limited. Interest is exempt in the source State when beneficially owned by the Government, political subdivisions, or the specified central banks. Interest connected with a permanent establishment or fixed base is taxable under business profits or independent personal services rules, and amounts in excess of arm's length interest remain taxable under domestic law. en-us Tue, 30 Aug 2011 14:24:35 +0530 Thu, 28 Nov 2024 13:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15061 Interest paid to a resident of the other Contracting State may be taxed in the recipient's State; the source State may also tax such interest but, if the beneficial owner is resident of the other State, the tax charged in the source State is limited. Interest is exempt in the source State when beneficially owned by the Government, political subdivisions, or the specified central banks. Interest connected with a permanent establishment or fixed base is taxable under business profits or independent personal services rules, and amounts in excess of arm's length interest remain taxable under domestic law. Act-Rules DTAA Tue, 30 Aug 2011 14:24:35 +0530 https://www.taxtmi.com/acts?id=15061