TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Innovative Patent Royalty Tax Cut: 10% Rate for Indian-Developed Patents Rewards Local Technological Advancement</h1> Concise Legal Summary:The text analyzes Clause 194 of the Income Tax Bill, 2025, which introduces a concessional tax regime for patent royalty income. The provision offers a 10% tax rate for resident patentees with patents developed and registered in India, replacing the existing Section 115BBF. Key requirements include exercising a specific option, incurring at least 75% of development expenditure in India, and adhering to strict compliance conditions. The regime aims to incentivize domestic innovation by providing tax benefits while maintaining robust safeguards against potential misuse of the provision.
TaxTMI 
TaxTMI 