Rate of TDS on interest payment to Mauritius and Cyprus

TDS 1677 views 1 replies

Dear Members,

We are doing some internal evalution to raise debt from outside India. We are considering following countries. Please can you help me to know the rate of withholding tax which need to be deducted against payment of  interest. We may raised through banking or non banking route and the amount will be around USD.15 M.

  • Mauritius
  • Cyprus
  • Singapore

Best Regards,

 

Amit

 

 

Replies (1)

I presume here the funds are being arranged in form of External Commercial Borrowings.

If the TDS is being thrust upon Indian company then there is a need to look into the countries otherwise if the interest is being born by the foreign party.

 

Anuj

+91-9810106211

femaquery @ gmail.com


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