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Withholding tax

Tax on income imposed at source, i.e. a third party is charged with the task of deducting the tax from certain kinds of payments and remitting that amount to the government. Withholding taxes are found in practically all tax systems and are widely used in respect of dividends, interest, royalties and similar tax payments. The rates of withholding tax are frequently reduced by tax treaties.

News On Withholding tax
Need clarity on withholding tax: Bank of America  

23-07-2014| Source:CNBC-TV18

lot? There is still a tidy yield that Indian GSECs and corporate bonds offer, will FIIs be so deterred if the withholding tax is a little higher?A: 20 percent withholding tax is almost like 2 percent

Here are PwC's Budget expectations for telecom sector

07-07-2014| Source:Moneycontrol.com

The sector is looking forward to policy level changes on ironing out the creases created in last few years say due to retroactive changes in tax law, increase in withholding tax rates etc

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