https://www.taxtmi.com/acts?id=38728 Substitution of sub-section (2) narrows withholding to interest payable on rupee denominated bonds of Indian companies and Government securities from 1 June 2013 to before 1 July 2023, and to municipal debt securities from 1 April 2020 to before 1 July 2023; proviso caps bond interest at a rate to be notified by the Central Government. An Explanation adds a definition of "municipal debt securities" by reference to the SEBI Regulations, 2015. en-us Sat, 28 Mar 2020 10:46:15 +0530 Sat, 28 Mar 2020 10:46:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38728 Substitution of sub-section (2) narrows withholding to interest payable on rupee denominated bonds of Indian companies and Government securities from 1 June 2013 to before 1 July 2023, and to municipal debt securities from 1 April 2020 to before 1 July 2023; proviso caps bond interest at a rate to be notified by the Central Government. An Explanation adds a definition of "municipal debt securities" by reference to the SEBI Regulations, 2015. Act-Rules F. Acts / Amendment Acts Sat, 28 Mar 2020 10:46:15 +0530 https://www.taxtmi.com/acts?id=38728