Discover and read the best of Twitter Threads about #withholdingtax
Most recents (1)
The tax conclusion. Markets heard comments last month from India's Principal Economic Advisor Sanjeev Sanyal talking about how 99% of the bond inclusion work was through. What are the key issues that are pending then? They are largely tax related. Let...(1/5)
...us take a look at what they are. Indian government security investments are subject to two key taxes: #withholdingtax (WHT) and #capitalgainstax. WHT on coupons is currently at 5% (+cess+surcharge), meaning that this tax is deducted from the coupons received. And...(2/5)
...capital gains tax is 30% for short term (<36M) and 10% for long term (>36M). For a smooth inclusion into Euroclear (read: probably into indices as well), experts opine that India would probably need to do away with the capital gains tax on bonds due to some Euroclear...(3/5)
