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Form 10f Filled Sample

Form 10f Filled Sample

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when you earn income from an Indian client they might want to withhold taxes from such payment the reason for that is when you get income from India the Indian government wants to tax such income in India the taxation could be as for the domestic tax laws in which there are broadly two rates twenty percent in case you do not have a permanent establishment in India and forty percent if you have a permanent establishment in India the SE tax rate can be reduced if you are a resident of a country with which India has a double taxation avoidance agreement and that treaty provides for a lower rate of maybe 15 10 for even zero percent where the income is not taxable in India in order to verify what rate should apply your buyer May insists that you provide them a no permanent establishment certificate which basically is a declaration that you have to give that reduces the chances of tax rate being 40 percent but it reduced 20 from 20 to 15 10 or 0. in addition to that you also need to provide

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