DTAA / Dividend TDS Lookup Calculator
Look up your country's DTAA tax treaty rate on Indian dividends and interest, and see whether claiming it actually lowers your TDS.
Dividends and interest are taxed under different treaty articles, with different rates.
Covers the 6 countries whose individual-investor treaty rate has been independently verified -- see the disclaimer below for why the list stops there.
Your DTAA rate comparison
A lower 15% rate applies only if the recipient is an Indian company holding at least 10% of the voting stock of the US company -- it is not available to an individual retail investor, who is capped at the general 25% rate shown here.
To claim the treaty rate, you need:
A Tax Residency Certificate (TRC) from your country of residence for the relevant financial year, plus a self-declaration in Form 10F -- both submitted to the payer (bank, registrar/RTA, or broker) before the income is paid. Without these on file, the payer deducts at India's standard domestic rate regardless of what the treaty allows.
This tool covers six countries -- USA, UK, Canada, Australia, Singapore, and UAE -- whose individual-investor-applicable DTAA dividend and interest rates have been independently verified against India's official treaty-rate chart plus a country-specific source. It does not model surcharge, other countries, or other income types such as royalties, fees for technical services, or capital gains. Whether DTAA relief actually applies to you depends on correctly filing a TRC and Form 10F with your payer -- consult a tax advisor to confirm your eligibility and paperwork. This is not tax or legal advice.
How the DTAA Calculator Works
By default, India withholds tax on an NRI's dividend and interest income at its own domestic rates -- 20.8% on dividends, 31.2% on NRO interest. A Double Taxation Avoidance Agreement (DTAA) between India and your country of residence can cap this at a lower treaty rate, but only if you provide the payer with a Tax Residency Certificate (TRC) from your country of residence and a self-declaration (Form 10F) before the income is paid.
This tool looks up the treaty rate for your country and income type and compares it to India's domestic rate -- but it does not assume the treaty rate is always the better deal. For interest income, the treaty rate is reliably lower than India's 31.2% domestic rate across all six countries covered here. For dividends, it's more nuanced: in a couple of major treaties, the lower rate is reserved for a company holding a large shareholding, not an individual retail investor, in which case claiming DTAA relief would achieve nothing.
Frequently asked questions
Is the DTAA rate always lower than India's domestic TDS rate?
Not always -- for individual dividend income under some treaties, India's own domestic rate can actually be lower than the treaty rate that applies to an ordinary investor (the lower treaty rate in those cases is reserved for large corporate shareholders). This calculator flags when that's the case for your selection rather than assuming DTAA always helps.
What do I need to actually claim the DTAA rate?
A Tax Residency Certificate (TRC) issued by the tax authority of your country of residence, plus a self-declaration in Form 10F filed with the Indian payer (bank, company, or RTA) before the income is credited -- without both, the payer must withhold at India's full domestic rate regardless of any treaty.
Does DTAA relief apply to capital gains too?
No -- this calculator and the underlying treaty article it uses cover only dividend and interest income. Capital gains on mutual funds and shares are covered by a different treaty article and are handled separately (see the NRI Mutual Fund TDS Calculator for that).