| Income Tax Act |
| Income Tax (Exemption of Royalties and Other Payments for Economic and Technological Development) Notification |
| N 9 |
| G.N. No. S 130/1995 |
| REVISED EDITION 1996 |
| (15th May 1996) |
| [24th March 1995] |
| Citation |
| 1. This Notification may be cited as the Income Tax (Exemption of Royalties and Other Payments for Economic and Technological Development) Notification. |
| Exemption |
| 2. The withholding tax on the royalties payable by the Public Utilities Board to Power Technologies Inc, USA, under the Contract No. PUB PE 39030-000 shall be at a reduced rate of 10%. |