News Business Union Budget 2020: Concessional withholding rate on interest payment extended up to June 30

Union Budget 2020: Concessional withholding rate on interest payment extended up to June 30

Finance Minister Nirmala Sitharaman on Saturday said that concessional withholding rate of 5 percent on interest payment to non-residents extended up to June 30, 2022. 

Union Budget 2020 Image Source : FILEUnion Budget 2020

Finance Minister Nirmala Sitharaman on Saturday said that concessional withholding rate of 5 percent on interest payment to non-residents extended up to June 30, 2022. 

More to follow. 

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