Countries with which India has Double Tax Avoidance Agreement (DTAA)
ANNEXURE-1
WITHHOLDING TAX RATES APPLICABLE ON INTEREST ON DEPOSITS IN CONNECTION WITH INDIA’S TAX TREATIES WITH VARIOUS COUNTRIES:
S.No. | Name of the Country | TDS Rate (%) |
S.No. | Name of the Country | TDS Rate (%) |
S.No. | Name of the Country | TDS Rate (%) |
1 | ALBANIA | 10 | 33 | ISRAEL | 10 | 64 | QATAR | 10 |
2 | ARMENIA | 10 | 34 | ITALY | 15 | 65 | ROMANIA | 10 |
3 | AUSTRALIA | 15 | 35 | JAPAN | 10 | 66 | RUSSIA | 10 |
4 | AUSTRIA | 10 | 36 | JORDAN | 10 | 67 | SAUDI ARABIA | 10 |
5 | BANGLADESH | 10 | 37 | KAZAKHSTAN | 10 | 68 | SINGAPORE | 15 |
6 | BELARUS | 10 | 38 | KENYA | 15 | 69 | SLOVENIA | 10 |
7 | BELGIUM | 15 | 39 | KOREA(ROK) | 15 | 70 | SERBIA | 10 |
8 | BHUTAN | 10 | 40 | KUWAIT | 10 | 71 | SOUTH AFRICA | 10 |
9 | BOTSWANA | 10 | 41 | KYRGYZSTAN | 10 | 72 | SPAIN | 15 |
10 | BRAZIL | 15 | 42 | LATVIA | 10 | 73 | SRI LANKA | 10 |
11 | BULGARIA | 15 | 43 | LIBYA | 30 | 74 | SUDAN | 10 |
12 | CANADA | 15 | 44 | LITHUANIA | 10 | 75 | SWEDEN | 10 |
13 | CHINA | 10 | 45 | LUXEMBOURG | 10 | 76 | SWITZERLAND | 10 |
14 | COLUMBIA | 10 | 46 | MALAYSIA | 10 | 77 | SYRIA | 10 |
15 | CROATIA | 10 | 47 | MALTA | 10 | 78 | TANZANIA | 10 |
16 | CYPRUS | 10 | 48 | MAURITIUS | 10 | 79 | THAILAND | 10 |
17 | CZECH REPUB | 10 | 49 | MONGOLIA | 15 | 80 | TRINIDAD & TOBAGO | 10 |
18 | DENMARK | 15 | 50 | MONTENEGRO | 10 | 81 | TAJIKISTAN | 10 |
19 | EGYPT | 30 | 51 | MOROCCO | 10 | 82 | TURKEY | 15 |
20 | ESTONIA | 10 | 52 | MOZAMBIQUE | 10 | 83 | TURKMENISTAN | 10 |
21 | ETHIOPIA | 10 | 53 | MYANMAR | 10 | 84 | UGANDA | 10 |
22 | FIJI | 10 | 54 | MACCDONIA | 10 | 85 | UKRAINE | 10 |
23 | FINLAND | 10 | 55 | NAMIBIA | 10 | 86 | UAE | 12.5 |
24 | FRANCE | 10 | 56 | NEPAL | 10 | 87 | UK | 15 |
25 | GERMANY | 10 | 57 | NETHERLANDS | 10 | 88 | US | 15 |
26 | GEORGIA | 10 | 58 | NEW ZEALAND | 10 | 89 | UNITED MEXICAN ST | 10 |
27 | GREECE | 30 | 59 | NORWAY | 10 | 90 | URUGUAY | 10 |
28 | HUNGARY | 10 | 60 | OMAN | 10 | 91 | UZBEKISTAN | 10 |
29 | HONG KONG | 10 | 61 | PHILIPPINES | 15 | 92 | VIETNAM | 10 |
30 | ICELAND | 10 | 62 | POLAND | 10 | 93 | ZAMBIA | 10 |
31 | INDONESIA | 10 | 63 | PORTUGAL | 10 | |||
32 | IRELAND | 10 |