by Nexdigm Private Limited as published on mondaq.com Impact of increase in withholding tax on rates for Fees for Technical Services and Royalty As per Indian Tax laws1, payments made to Non-Residents/Foreign Companies for Fees for Technical Services (FTS) and Royalties were liable to tax at the effective tax rate of 10.92% (including surcharge and education […]
Rajmohan Krishnan in The Times of India With over 55 million cases across the world, the novel coronavirus pandemic continues to wreak havoc globally. Apart from causing social and political instability, the pandemic has also upended the economic sector and markets across the world are still reeling from the impact of the first wave of […]