https://www.taxtmi.com/manuals?id=1266 TDS on income from securities payable to foreign institutional investors is subject to prescribed withholding rates plus surcharge and cess, with treaty-provided lower rates applying if the payee furnishes the required certificate. No TDS is to be deducted on capital gains from transfer of securities for such investors. Deduction is to be made at the earlier of credit or payment. "Specified fund" status for preferential treatment is narrowly defined by fund form, registration, IFSC location and non-resident unit holding conditions, with limited exceptions; exempt dividend income is outside TDS and enhanced surcharge rates do not apply to dividend TDS. en-us Mon, 05 Oct 2015 11:32:00 +0530 Tue, 11 Feb 2025 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1266 TDS on income from securities payable to foreign institutional investors is subject to prescribed withholding rates plus surcharge and cess, with treaty-provided lower rates applying if the payee furnishes the required certificate. No TDS is to be deducted on capital gains from transfer of securities for such investors. Deduction is to be made at the earlier of credit or payment. "Specified fund" status for preferential treatment is narrowly defined by fund form, registration, IFSC location and non-resident unit holding conditions, with limited exceptions; exempt dividend income is outside TDS and enhanced surcharge rates do not apply to dividend TDS. Manuals Income Tax Mon, 05 Oct 2015 11:32:00 +0530 https://www.taxtmi.com/manuals?id=1266