https://www.taxtmi.com/manuals?id=5947 Royalty denotes compensation for rights and privileges to exploit resources or proprietary rights, historically rooted in jura regalia and payments for working mines. In tax terms, royalties are characterised as consideration for extraction or use of State-owned resources-reflecting the economic concept of economic rent-rather than as a tax aimed at raising general revenue, and are therefore treated as payments linked to proprietary rights and usage. en-us Tue, 26 Nov 2024 12:51:00 +0530 Wed, 11 Jun 2025 15:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5947 Royalty denotes compensation for rights and privileges to exploit resources or proprietary rights, historically rooted in jura regalia and payments for working mines. In tax terms, royalties are characterised as consideration for extraction or use of State-owned resources-reflecting the economic concept of economic rent-rather than as a tax aimed at raising general revenue, and are therefore treated as payments linked to proprietary rights and usage. Manuals Income Tax Tue, 26 Nov 2024 12:51:00 +0530 https://www.taxtmi.com/manuals?id=5947