https://www.taxtmi.com/notifications?id=22354 Agreement allocates taxing rights between India and Nepal for residents and specified income taxes, defines key terms including resident and permanent establishment, and prescribes when business profits, immovable property, dividends, interest, royalties and various categories of personal services may be taxed by each State. It provides a credit-based mechanism to eliminate double taxation subject to domestic law limits, sets withholding ceilings for certain cross-border payments, establishes a mutual agreement procedure and exchange-of-information framework, and contains non-discrimination, entry-into-force and termination provisions. en-us Mon, 05 Dec 1988 00:00:00 +0530 Fri, 20 Dec 2024 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=22354 Agreement allocates taxing rights between India and Nepal for residents and specified income taxes, defines key terms including resident and permanent establishment, and prescribes when business profits, immovable property, dividends, interest, royalties and various categories of personal services may be taxed by each State. It provides a credit-based mechanism to eliminate double taxation subject to domestic law limits, sets withholding ceilings for certain cross-border payments, establishes a mutual agreement procedure and exchange-of-information framework, and contains non-discrimination, entry-into-force and termination provisions. Notifications Income Tax Mon, 05 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/notifications?id=22354