Income Tax Act
(Chapter 134, Section 13(4))
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%.
[G.N. No. S 130/1995]