CORPORATE UPDATE FOR 28TH OCTOBER 2015
CORPORATE UPDATE FOR 28th OCTOBER 2015 DIRECT TAXES India to apply 5% withholding tax to offshore rupee bonds Oct 28, 2015 India will apply a 5 percent withholding tax to offshore rupee bonds for foreign investors, in line with the rate applied to domestic debt, Manoj Joshi, joint secretary at the country’s finance ministry, told …