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CBDT Issues Clarification on Continuation of Concessional Rate of Tax on Interest Income of FPIs - (18 Mar 2021)

DIRECT TAXATION

Central Board of Direct Taxes (CBDT) has issued the clarification on the continuation of the concessional rate of tax on interest income of Foreign Portfolio Investments (FPIs). The Board has clarified that the concessional rate of 5% will continue to be applicable on certain interest income of FPIs.

Tags : CENTRAL BOARD OF DIRECT TAXES   CONCESSIONAL RATE OF TAX ON INTEREST INCOME OF FPIS  

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