Change in the rate of Surcharge in case of TDS during F.Y. 2013-14
The rate of surcharge applicable on interest earned on your NRO accounts from FY 2013-14 will be as per the table given below:
| Total Income | Non-resident person (other than a foreign company) | |
|---|---|---|
| F.Y. 12-13 | F.Y. 13-14 | |
| Up to Rs. 1 Crore | NIL | NIL |
| Above Rs. 1 Crore | NIL | 10% |
Further, please note that the cess @ 3% will remain same as of F.Y. 2012-13