Home » Latest News » 

Legal Counsel Publications – Tables of Interest Rates

Legal Counsel Publications – Tables of Interest Rates

22 November 2024 – Income Tax Act, 1962: Updated Tables of Interest Rates

  • Table 1 Interest rates on outstanding taxes and interest rates payable on certain refunds of tax
  • Table 2 Interest rates payable on credit amounts
  • Table 3 – Rates at which interest-free or low interest loans are subject to income tax