| Section Ref. (Income Tax Act 2025) | Nature of Payment | Payee | Payer | New Rate (%) (Income Tax Act 2025) |
|---|---|---|---|---|
| 393(2) Sl. 1 | Income of NR sportsman (incl. athlete) / entertainer / NR sports association (Sec 211) | NR sportsman / entertainer / NR sports association | Any person | 20% |
| 393(2) Sl. 2 | Interest on FC borrowings — loan agreement / long-term infrastructure bond (01-07-2012 to 01-07-2023) | NR (not a company) / Foreign company | Indian company / Business trust | 5% (Interest limited to rate approved by Central Govt) |
| 393(2) Sl. 3 | Interest on rupee denominated bond (before 01-07-2023) | NR (not a company) / Foreign company | Indian company / Business trust | 5% (Interest limited to rate approved by Central Govt) |
| 393(2) Sl. 4 | Interest on long-term bond / rupee bond listed on IFSC stock exchange | NR (not a company) / Foreign company | Indian company / Business trust | 4% (issued 01-04-2020 to 01-07-2023) / 9% (issued on or after 01-07-2023) |
| 393(2) Sl. 5 | Interest from infrastructure debt fund (Sch VII Sl. 46) | NR (not a company) / Foreign company | Infrastructure debt fund | 5% |
| 393(2) Sl. 6 | Business trust distributed income (Sch V Sl. No. 3) to NR unitholder | NR unitholder (not a company) / Foreign company | Business trust | 5% [Sl. 3.B(a)] / 10% [Sl. 3.B(b)] |
| 393(2) Sl. 7 | Business trust distributed income (Sch V Sl. No. 4) to NR unitholder | NR unitholder (not a company) / Foreign company | Business trust | Rates in force |
| 393(2) Sl. 8 | Investment fund income to NR unitholder | NR unitholder (not a company) / Foreign company | Investment fund (Sec 224) | Rates in force |
| 393(2) Sl. 9 | Securitisation trust income to NR investor | NR investor (not a company) / Foreign company | Securitisation trust (Sec 221) | Rates in force |
| 393(2) Sl. 10 | Income from MF units / specified company units to NR | NR (not a company) / Foreign company | Any person | 20% (or treaty rate if lower — Note 2) |
| 393(2) Sl. 11 | Income from offshore fund units (Sec 208) | Offshore fund | Any person | 10% |
| 393(2) Sl. 12 | LTCG on transfer of offshore fund units (Sec 208) | Offshore fund | Any person | 12.5% |
| 393(2) Sl. 13 | Interest / dividends on bonds / GDR (Sec 209) | NR | Any person | 10% |
| 393(2) Sl. 14 | LTCG on transfer of bonds / GDR (Sec 209) | NR | Any person | 12.5% |
| 393(2) Sl. 15 | Income from securities (Sec 210(1) Sl. 1) — FII | Foreign Institutional Investor | Any person | 20% (or treaty rate if lower — Note 2) |
| 393(2) Sl. 16 | Income from specified fund securities (Sch VI Note 1(g)) | Specified fund | Any person | 10% |
| 393(2) Sl. 17 | Any other interest or sum chargeable (not salary, not covered above) | NR (not a company) / Foreign company | Any person | Rates in force (Treaty relief / rates in force principles apply) |