Foreign Technology Collaboration – Royalty Payment – Liberalisation
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....llaboration - Royalty Payment - Liberalisation Attention of authorised dealers is drawn to the Government policy on payment of royalty under Foreign Technology Collaboration. Presently, only wholly owned subsidiaries are allowed to pay royalty to offshore parent companies abroad without any restriction on the duration of payment under the automatic route. 2. With a view to further liberalising ....




TaxTMI
TaxTMI