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?
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 a contract where the taxes are to be borne by the Indian customer, such a certificate helps in reducing the tax burden on them.