Dividend

Interest

Others

No.

Country DTAA
between India &

General Rate

Special Rate Note 5]

Level of voting control (%)

General Rate

Special Rate for Bank

Special Rate for Govt.

Royalties

Remarks

01.

Armenia

10

10#

E

10

10

Effective from AY 2006-07. # Interest derived and beneficially owned by certain entities exempt.

02.

Australia

15

15

Note 2#$

Note 1

#Royalty @ 10% for Equipment Rental and for services ancillary or subsidiary thereto.

03.

Austria

10

10

E

10

10

Effective from AY 2003-04

04.

Bangladesh

15

10

10%

10

E

10

Note 1

Effective from AY 1993-94

05.

Belarus

15

10

25%

10

E

15$

15$

Effective from AY 2000-01

06.

Belgium

15

15

10

10#

10#

#Rate & scope modified on account of Indo-German Treaty

07.

Botswana

10

7.5

25%

10

E

10

10

Effective from AY 2010-11

08.

Brazil

15

15

E

25#$

Note 1

#Royalties other than “Royalty arising from use or right to use trade marks” taxable at 15%

09.

Bulgaria

15

15

E

20#$

20$

#Royalties relating to Copyrights etc. taxable at 15%

10.

Canada

25

15

10%

15

E

Note2#$

Note 2

#Royalty @ 10% for Equipment Rental and for services ancillary or subsidiary thereto.

11.

China

10

10

E

10

10

Effective from AY 1996-97

12.

Cyprus

15

10

10%

10

E

15#$

10

#Royalties include “Fees for included services”

13.

Czech Republic

10

10

E

10

10

Effective from AY 2001-02

14.

Denmark

25

15

25%

15+

10+

E

20$

20$

Effective from AY 1991-92

15.

Finland

10

10(+)

E

10#$

10#$

Effective from AY 2000-01 #Royalty @ 10% for Equipment Rental and for services ancillary or subsidiary thereto.

16.

France

10

10

E

10

10

Effective from AY 1996-97

17.

Germany

10

10

E

10

10

Effective from AY 1998-99

18.

Greece

Note 3#

Note 3#

E

Note 3#

Note 1

#Dividend, interest & Royalties not taxable in the country of residence

19.

Hungary

10*

10*#

E

10*

10*

Effective from AY 2007-08, *For rates applicable up to AY 2006-07, please refer to Treaty # Interest received and beneficially owned by certain entities is exempt.

20.

Iceland

10

10

E

10

10

Effective from AY 09-10

21.

Indonesia

15

10

25%

10

E

15$

Note 1

Effective from AY 1989-90

22.

Ireland

10

10

E

10

10

Effective from AY 2003-04

23.

Israel

10

10

10

10

Effective from AY 1995-96

24.

Italy

25

15

10%

15+

E

20$

20$

Effective from AY 1997-98

25.

Japan (Revised)

10

10#

E

10$

10$

#Interest derived and beneficially owned by certain entities is exempt.

26.

Jordan

10

10

E

20$

20$

Effective from AY 2001-02

27.

Kazakhstan

10

10

E

10

10

Effective from AY 1999-00

28.

Kenya

15

15+

E

20+$

There is specific clause for management and professional fees which is taxable at 17.5%

29.

Korea (South)

20

15

20%

15

10

E

15$

15$

Effective from AY 1987-88

30.

Kuwait

10

10

E

10

10

Effective from AY 2009-10

31.

Kyrgyz Republic

10

10#

E

15$

15$

Effective from AY 2003-04. #Interest derived and beneficially

32.

Libya

Note 3#

Note 3#

E

Note 3#

Note 1

owned by certain entities is exempt #Dividend, interest & Royalties not taxable in the country of residence

33.

Luxembourg

10

10

E

10

10

Effective from AY 2011-12

34.

Malaysia

10

10#

E

10

10

Effective from AY 2005-06. # Interest derived and beneficially owned by certain entities is exempt.

35.

Malta

15

10

25%

10

E

15#$

10#

#Royalties include “Fees for included services”

36.

Mauritius

15

5

10%

#

E

E

15+$

Note 1

#Exempt if the beneficially owned by Governemnt or bank carrying on bona fide banking business, in other cases rate as per domestic laws.

37.

Mexico

10

10

E

10

10

Effective from AY 2012-13

38.

Mongolia

15

15

E

15$

15$

Effective from AY 1995-96

39.

Montenegro

15

5

25%

10

E

10

10

Effective from AY 2010-11

40.

Morocco

10

10#

E

10

10

Effective from AY 2002-03

41.

Myanmar

5

10

E

10

Note 8

Effective from AY 2011-12

42.

Namibia

10

10

E

10

10

Effective from AY 2001-02

43.

Nepal

15

10

10%

15

10

E

15$

Note 1

Effective from AY 1990-91

44.

Netherlands

10

10

E

10

10

Effective from AY 1998-99

45.

New Zealand

15

10

E

10

10

Protocol restricting treaty benefits to Indian or New Zealand residents

46.

Norway

25

15#

25%

15

E

Note 3*

10+

#Applicable for new contribution only. +Rate of fees for Technical services modified as per Indo- German DTAA. *There is possibility that the rate of royalty may also be taken @ 10% instead of treatment as per domestic law However, this is subject to different interpretation.

47.

Oman

12.5

10

10%

10

E

15$

15+

+Taxed in the contracting state in which they arise but if the recepient is beneficial owner of techinical fees then tax charges shall not exceed 15% of gross amount of technical fees

48.

Philippines

20

15

10%

15#

E

15 @ $

Note 1

#10% in case of Fis, Ins. Co. and on public issues of bond, debentures, etc. @ subject to approval of agreement

49.

Poland

15#

15

E

22.5$

22.5$

#Dividend should relate to new contribution after 1.4.1990

50.

Portuguese Republic

15

10#

25%

10

E

10

10

Effective from AY 2002-03. #Only if the capital is owned by a company for an uninterrupted period of 2 years prior to payment of the dividend.

51.

Qatar

10

5

10%

10

E

E

10

10

Effective from AY 2002-03

52.

Romania

20

15

25%

15

E

22.5$

22.5$

Effective from AY 1989-90

53.

Russian Federation

10

10

E

10

10

Effective from AY 2000-01

54.

Saudi Arabia

5

10

E

10

#

#Tax on fees for technical service to be decided after five years after review of tax treaty. Effective from AY 2008-09

55.

Serbia

15

5

25%

10

E

10

10

Effective from AY 2010-11

56.

Singapore

15

10

25%

15#

10

10

10

#10% in case of Ins. Co. or similar FIs. Effective from AY 1995-96

57.

Slovenia

15

15

10%

10

E

10

10

Effective from AY 2007-08.

58.

South Africa

10

10

E

10

10

Effective from AY 1999-00

59.

Spain

15

15

E

10+

20#

+ Royalty payment for use of or right to use equipment is taxable at 10% in other case it is 20%. #Rate & Scope modified on account of Indo-German Treaty

60.

Sri Lanka

15+

10

E

10

Note 1

Effective from AY 1982-83

61.

Sudan

10

10#

E

10

10

Effective from AY 2006-07. #Interest derived and beneficially owned by certain entities is exempt

62.

Sweden

10

10

E

10

10

Effective from AY 1999-00

63.

Switzerland

10

10

E

10

10

Effective from AY 1996-97

64.

Syria

10

5

10%

10

E

10+

Note 1

Effective from AY 2010-11

65.

Tajikistan

10

5

25%

10

E

10

Note 1

Effective from AY 2011-12

66.

Tanzania

15+

10+#

10%

12.5+

E

20+$

Note 1

#Only if the shares held during at least 6 months preceding payment of dividend

67.

Thailand

Note 4

25+

10+#

E

15+$

Note 1

#If recipient is financial institution including insurance company

68.

Trinidad & Tobago

10

10

E

10

10

Effective from AY 2001-02

69.

Turkey

15

15

10#

E

15$

15$

#also applicable to financial institution

70.

Turkmenistan

10

10

E

10

10

Effective from 1999-00

71.

Uganda

10

10#

E

10

10

Effective from AY 2006-07. # Interest derived and beneficially owned by certain entities exempt.

72.

Ukraine

15

10

25%

10

E

10

10

Effective from AY 2003-04

73.

United Arab Emirates

15

12.5

5

E

10

Note 1

Effective from AY 1995-96

74.

United Arab Republic (Egypt)

Note 4

Note 4

E

Note 3#

Note 1

#Royalties not taxable in the country of residence

75.

United Kingdom

15

15

10

E

Note 2

Note 2

#Royalties @ 10% for Equipment Rental and for services ancillary or subsidiary thereto

76.

United States of America

25

15

10%

15

10*

E

Note 2#$

Note 2

#Royalties @ 10% for Equipment Rental and for services ancillary or subsidiary thereto. *Also applicable to bonafide Fis

77.

Uzbekistan

15

15

E

15$

15$

Effective from AY 1994-95

78.

Vietnam

10

10

E

10

10

Effective from AY 1997-98

79.

Zambia

15+

5+#

25%

10+

E

10+

Note 1

#Only if the shares held during at least 6 months preceding payment of dividend