What is the purpose of No PE Declaration India

February 17, 2022
|1 mins read

Question – What is the purpose of No PE Declaration India ?
Answer –
The purpose of No PE Declaration India is to help a non resident to receive income from an Indian customer either without any withholding tax, or deduction of taxes at a lower rate. In case of contract where the taxes to be Borne by the Indian customer , such a certificate helps in reducing the tax burden on them.