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    <title>Reduction in rater of tax on income by way of Royalty and Fees for technical services in case of non-residents</title>
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    <description>Finance Bill 2015 proposes reducing the withholding tax rate on gross receipts of royalty and fees for technical services paid to non-residents where such income is not effectively connected with a permanent establishment in India; the reduced rate is intended to relieve hardship for small non-resident recipients and applies from the assessment year commencing after 1 April 2016.</description>
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      <description>Finance Bill 2015 proposes reducing the withholding tax rate on gross receipts of royalty and fees for technical services paid to non-residents where such income is not effectively connected with a permanent establishment in India; the reduced rate is intended to relieve hardship for small non-resident recipients and applies from the assessment year commencing after 1 April 2016.</description>
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