India - Income Tax Act 2010 - Saarc

2.37 RATES FOR TDS IN CERTAIN CASES Sch. I(D) where the agreement is made on orafter the 1st day of June, 2005(vi) on income by way of fees for technical servicespayable by Government or an Indianconcern in pursuance of an agreement madeby it with the Government or the Indianconcern and where such agreement is with anIndian concern, the agreement is approvedby the Central Government or where it relatesto a matter included in the industrialpolicy, for the time being in force, of theGovernment of India, the agreement is inaccordance with that policy—(A) where the agreement is made afterthe 29th day of February, 1964 but beforethe 1st day of April, 1976(B) where the agreement is made afterthe 31st day of March, 1976 but beforethe 1st day of June, 1997(C) where the agreement is made on orafter the 1st day of June, 1997 but beforethe 1st day of June, 2005(D) where the agreement is made on orafter the 1st day of June, 2005(vii) on income by way of short-term capitalgains referred to in section 111A(viii) on income by way of long-term capital gains[not being long-term capital gains referred toin clauses (33), (36) and (38) of section 10](ix) on any other income10 per cent;50 per cent;30 per cent;20 per cent;10 per cent;15 per cent;20 per cent;40 per cent;Explanation.—For the purpose of item 1(b)(i) of this Part, “investment income”and “non-resident Indian” shall have the meanings assigned to them in ChapterXII-A of the Income-tax Act.Surcharge on income-taxRate of income-taxThe amount of income-tax deducted in accordance with the provisions of item2(b) of this Part, shall be increased by a surcharge, for purposes of the Union, inthe case of every company other than a domestic company, calculated at the rateof two and one-half per cent of such income-tax where the income or theaggregate of such incomes paid or likely to be paid and subject to the deductionexceeds one crore rupees.