What is specific to Singapore companies
Dividends are taxed at 10% for a 25% holding and 15% otherwise; interest at 10% or 15%; royalties and technical fees at 10%. India can tax gains on shares acquired on or after 1 April 2017, and Article 24A denies the share-gains benefit to shell or conduit companies.
Treaty rates
| Income | Indian tax under the treaty |
|---|---|
| Dividends | 10% (25% holding), 15% otherwise |
| Interest | 10% or 15% |
| Royalties | 10% |
| Technical service fees | Technical fees: 10%. |
| Gains on Indian shares | India can tax gains on shares acquired on or after 1 April 2017. |
Permanent establishment
Service PE threshold: over 90 days in a fiscal year, cut to 30 days where the services go to a related enterprise.
Our services
How SU and Company helps
We plan and document how money moves back to the parent, at the right treaty rate.
- Dividend, royalty, fee and interest planning
- Treaty withholding and remittance paperwork
- Board and FEMA steps for dividends and buybacks
- Indian figures and certificates for the parent's tax relief
Questions
Does the treaty always beat Indian domestic rates?
The lower of the treaty and domestic rate applies, provided the recipient is the beneficial owner and holds a valid residency certificate.
General information as at 5 November 2026, not advice for a particular case. Indian and Singapore rules change often; confirm the current position before acting. Singapore law points should be confirmed with a Singapore adviser.