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Description
The concessional withholding tax at the rate of 5%, against 20%, on interest income earned by non-residents or non-resident entities from their commercial borrowings to Indian companies has been exten...
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Intervention Details
Intervention Type
Controls on credit operations
MAST Chapter
Capital control measures
Implementation date
01 Apr 2018
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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