Income type guide
Dividend TDS
India deducts 20% TDS on dividends paid to NRIs. DTAA rates range from 5% to 15% — saving you 5-15% on every dividend received.
How it works
What happens to your dividends as an NRI
Since April 2020, dividends are taxable in the hands of shareholders. For NRIs, companies deduct 20% TDS on dividends. DTAA treaties provide lower rates ranging from 5% to 15%.
20%
Default TDS rate
Varies
DTAA rate by country
Dividends rates by country
What each country's treaty says
Sorted by savings potential. 30 countries with a DTAA benefit, 0 with the same rate.
Saudi Arabia
Article 10
Default → DTAA
20%→5%
Malaysia
Article 10 — excellent dividend rate
Default → DTAA
20%→5%
Hong Kong
Article 10 — excellent rate
Default → DTAA
20%→5%
UAE
Article 10
Default → DTAA
20%→10%
Singapore
Article 10
Default → DTAA
20%→10%
Oman
Article 10
Default → DTAA
20%→10%
Qatar
Article 10
Default → DTAA
20%→10%
Germany
Article 10
Default → DTAA
20%→10%
Netherlands
Article 10
Default → DTAA
20%→10%
Bahrain
Article 10
Default → DTAA
20%→10%
Kuwait
Article 10
Default → DTAA
20%→10%
France
Article 10
Default → DTAA
20%→10%
Ireland
Article 10
Default → DTAA
20%→10%
Switzerland
Article 10
Default → DTAA
20%→10%
Japan
Article 10
Default → DTAA
20%→10%
South Africa
Article 10
Default → DTAA
20%→10%
Kenya
Article 10
Default → DTAA
20%→10%
Sweden
Article 10
Default → DTAA
20%→10%
Norway
Article 10
Default → DTAA
20%→10%
Indonesia
Article 10
Default → DTAA
20%→10%
Nigeria
Article 10
Default → DTAA
20%→12.5%
US
Article 10
Default → DTAA
20%→15%
UK
Article 11
Default → DTAA
20%→15%
Canada
Article 10
Default → DTAA
20%→15%
Australia
Article 10
Default → DTAA
20%→15%
South Korea
Article 10
Default → DTAA
20%→15%
New Zealand
Article 10
Default → DTAA
20%→15%
Denmark
Article 10
Default → DTAA
20%→15%
Thailand
Article 10
Default → DTAA
20%→15%
Philippines
Article 10
Default → DTAA
20%→15%
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