https://www.taxtmi.com/notifications?id=5040 Amendments replace Articles 10(2), 11(2) and 12(2) to impose a ten per cent withholding tax cap on dividends, interest and royalties/fees for technical services when the recipient is the beneficial owner, while preserving the source state's taxation of the payer's profits. The Protocol deletes sub paragraph (c) of Article 23(3) and sets entry into force and transitional application dates for each Contracting State; the Central Government directed implementation domestically to give effect to the Protocol from the notified effective date. en-us Wed, 19 Jul 2006 00:00:00 +0530 Sat, 11 Jan 2025 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5040 Amendments replace Articles 10(2), 11(2) and 12(2) to impose a ten per cent withholding tax cap on dividends, interest and royalties/fees for technical services when the recipient is the beneficial owner, while preserving the source state's taxation of the payer's profits. The Protocol deletes sub paragraph (c) of Article 23(3) and sets entry into force and transitional application dates for each Contracting State; the Central Government directed implementation domestically to give effect to the Protocol from the notified effective date. Notifications Income Tax Wed, 19 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5040