You should know the list of DTAA countries, simply because you can avoid paying taxes twice. What is basically stated in the agreements is that your tax payment is already once and therefore you should not be taxed again. Egypt 13. For an agreement with Egypt see “United Arab Republic”. Now let`s say they have a TDS that is deducted from 30.6% on your NGO filings. You must apply to your bank and file a number of documents such as a valid visa, an account statement in the country of your residence, etc. Then, if there is a DBAA agreement with the country of your residence, the tax would only be made up to 10 per cent. Communication, Section 90 of the Income Tax Act Section 90 of the Income Tax Act, 1961 – Double Taxation Conventions – Agreements to Avoid Double Taxation and Prevent Tax Fraud With Foreign Taxes – With the Government of the Republic of Montenegro Communication 4/2009 [F.No. Regulation (EC) No. 503/1/1997-FTD-I]/S.O.96(E), dated 7-1-2009 CONSIDERING that the agreement annexed between the Government of the Republic of India and the Council of Ministers of Serbia and Montenegro on the prevention of double taxation of income and capital taxes was signed in New Delhi on 8 February 2006; And considering that the State Union has no longer been recalled by Serbia and Montenegro, the list of DBAA countries will not cease to change on the basis of the often modified agreements.
We advise you to explore your bank for more details. KENYA 24th Convention on the Prevention of Double Taxation and the Prevention of Tax Evasion with Kenya, while the Indian government and the Kenyan government have concluded an agreement to avoid double taxation and prevent income tax evasion. and whereas in India and Kenya all the requirements necessary to give force of law to that Convention have been met in India and Kenya, in accordance with Article 30, paragraph 1, of that Convention; And in the event that diplomatic notes on this subject were signed between the two Indian governments with the majority of countries and limited agreements with eight countries. The treaties provide for income that would be taxable in one of the contracting states, based on the understanding of the nations, the conditions of taxation and the exemption from tax. Please note that the list of countries with which we have a DBAA is constantly evolving, depending on the government`s policy that changes from time to time. Therefore, you should check the new list each time to determine if any changes have been made or influenced. We advise you to check the list regularly. Indeed, India is currently reviewing its DBAA agreements with many countries, which could soon be amended. India has eight limited agreements to facilitate double taxation for airline and commercial airline revenues with the following countries: SERBIA agreement to avoid double taxation and the prevention of tax evasion with Serbia, Considering that the annexed agreement between the Government of the Republic of India and the Council of Ministers of Serbia and Montenegro on the prevention of double taxation with regard to income and capital tax and capital was signed in New Delhi on 8-2/2006; And considering that Montenegro and Montenegro were broken down into two independent states following Montenegro`s formal declaration of independence from 3 to 6/2006 and Serbia`s formal declaration of independence from 5 to 6/2006; And while the National Assembly of the Republic of Serbia has ratified to avoid paying 30.9 percent tax, you must complete the DBAA.