1. Dividend Income Other Than Dividends Covered u/s 115-O

1. Rate of tax shall be 10% on income from Global Depository Receipts under Section 115AC (1) (b) of Income-tax Act 1961.

2. Rate of tax shall be 20% under Section 115A on dividend received by a foreign company or a non-resident non-corporate assesse

3. Rate of tax shall be 20% under Section 115AD on dividend received by a foreign institutional investor.

4. From Assessment Year 2017-18, dividend in excess of ? 10 lakh shall be chargeable to tax in the case of an individual, Hindu undivided family (HUF) or a firm who is resident in India, at the rate of 10% as per section 115BBDA.

5. At the rate of 10% as per section 115BBDA.

2. Tax Rates Applicable on Interest Income as per Income Tax Act

Rate of tax shall be 20% under Section 115A on:

1. Interest received by a foreign company or a non-resident non-corporate assesse from Government or an Indian concern on moneys borrowed or debt incurred by Government or the Indian concern in foreign currency.

2. Interest received from an infrastructure debt fund as referred to in section 10(47)

3. Interest received from an Indian company specified in section 194LC.

4. Interest of the nature and extent referred to in section 194LD.

3. Tax Rates Applicable on Royalty Income as per Income Tax Act

From Assessment Year 2016-17, royalty and fees for technical service received by a foreign company or a non-resident non-corporate assesse from government or an Indian concern shall be taxed at the rate of 10% if agreement is made at any time after 31 March 1976.