Use DTAA to avoid double taxation, claim foreign tax credits, and benefit from reduced withholding tax rates on global income.
This infographic explains how to maximize tax savings using DTAA. India has treaties with many countries to prevent double taxation. Use the exemption or tax credit method, file Form 67 for FTC, and provide proof of foreign tax paid. Some treaties offer lower tax rates on dividends, interest, or royalties if you submit a Tax Residency Certificate (TRC). Maintain proper documentation to avoid penalties.