https://www.taxtmi.com/acts?id=23591 Amendment extends the scope of lower withholding tax at five per cent under section 194LC(2) by moving the qualifying cut off date for foreign currency loan agreements and long term bonds to 1st July, 2020 and changing the connector to "or", and by inserting a clause to include rupee denominated bonds issued outside India before 1st July, 2020; the date cut changes take effect from 1st April, 2018 while the rupee bond insertion is retrospective to 1st April, 2016. en-us Wed, 01 Feb 2017 18:03:05 +0530 Wed, 01 Feb 2017 18:03:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23591 Amendment extends the scope of lower withholding tax at five per cent under section 194LC(2) by moving the qualifying cut off date for foreign currency loan agreements and long term bonds to 1st July, 2020 and changing the connector to "or", and by inserting a clause to include rupee denominated bonds issued outside India before 1st July, 2020; the date cut changes take effect from 1st April, 2018 while the rupee bond insertion is retrospective to 1st April, 2016. Act-Rules Bill Wed, 01 Feb 2017 18:03:05 +0530 https://www.taxtmi.com/acts?id=23591