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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
Budget woos foreign investors with tax incentives

01-03-2015| Source:Reuters

India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt

Budget 2015: Telecom wants clarity on withholding tax issues, says EY

26-02-2015| Source:Moneycontrol.com

climate of the country but also created a fuss as to the certainty of income tax implications under Indian tax laws.

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