Singapore Dividend

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Vinu Krish (Querist)
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05 May 2020 - We have a Company in Singapore and I am an Indian resident.
- My Singapore company wants to pay me divided. Divided is not Taxed in Singapore.
- I will declare the dividend income in my Indian Personal Tax filing because my global income is taxable in India.

Question: Will I be taxed in India according to my income band or because of the Singapore-India Double Taxation Avoidance treaty, the tax rates will be different?

Thanks in advance; I would appreciate if CAclub gurus can comment on this.

God bless.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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05 May 2020 Yes, Dividednd is taxable in india from income from other sources , tax rates based on applicable slabs .

DTTA for above not make any difference in tax slabs since it is exempted in Singapore.

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