Are your Indian banks withholding up to 31% of Interest payments from your bank account?
In general, it is difficult for the tax authority of a country to enforce its internal tax laws on foreign residents. That is why, most countries withhold taxes from such payments sourced from their country right at the time of payment. The tax rate for such withheld funds is generally high, usually as high as […]
Are your Indian banks withholding up to 31% of Interest payments from your bank account? Read More »