Withholding Tax Rate

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..... Withholding Tax Rate
Query (Issue) Started By: - Ashwani Rustagi Dated:- 25-6-2013 Last Reply Date:- 3-7-2013 Income Tax
Got 1 Reply
Income Tax
We are receiving services from Non Resident .....

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..... - USA (No PAN) both from corporate and non-corporate on regular basis and had been deducting TDS @ 21.012% including surcharge and cess till now. I understand that recently, there has been change i .....

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..... n rate of wiholding tax effective from June 01, 2013. Can some-one advise me what would be rate of tax now (including surcharge & cess) for both with or without PAN number of deductee. Regards, Ash .....

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..... wani Rustagi Reply By Anuj Gupta: The Reply: Ashwaniji, The rate has been increased w.e.f 01.04.2013 and has now become 25.75% if the amount payable is less than 1 crore. Also if the foreign compa .....

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..... ny or individuals are providing services ,physically in India, then you may need to deduct TDS at higher rate. Anuj
Discussion Forum - Knowledge Sharing .....

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