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ROYALTY DISTRIBUTION IN INDIA
Novyte, Chemvera partner to create pathway for AI-driven material discoveryThis collaboration leverages Novyte's AI engine for materials discovery and Chemvera's manufacturing expertise, creating an end-to-end Indi...- Assam CM Himanta Biswa Sarma virtually inaugurates PNG projects in Mangaldai, TezpurAssam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compr...
- ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
- Crude@$100+: The Rs 3 lakh crore power boom you might be missingThe US-Israel-Iran conflict has significantly boosted India's power and energy stocks, with Nifty Energy's market cap rising by Rs 3 lakh c...
- Chinese medicines bring relief to India’s cancer patientsIndia’s cancer treatment landscape is seeing a shift as lower-cost immunotherapy drugs developed in China and marketed through Indian partn...
- Music to ears: Give quality, will payIndian consumers are starting to pay for quality. Gen Z listeners are switching to paid music streaming subscriptions. This trend is pushin...
- Believe Music India officials, foreign publishing executives named in 'Ishqam' royalty fraud casePatiala police have implicated senior officials from Believe Music India and foreign music publishing executives in an alleged royalty frau...
- Music royalty kitty crosses Rs 700 crore in 2024 on boost from streamingIndia's music royalty collections surged to over ₹700 crore in 2024, marking a 42% year-on-year increase and a fourfold growth in five year...
- Toyota Kirloskar gets ITAT relief over royalty paymentsThe appellate body approved the company's royalty payment of ₹646 crore at 6% of local value addition and rejected the transfer pricing off...
- Indian Performing Right Society moves NCLT against Zee Entertainment, files insolvency plea claiming Rs 211-cr duesA Petition has been filed against the Company under Section 9 of the IBC by the IPRS, an Operational Creditor, before the NCLT, Mumbai Benc...
- T-Series agrees to join IPRS, ending years of tiffThe decision will add over 15,000 hours of music to the society’s catalogue, including 200,000 titles and over 50,000 music videos across o...
- Payments by resident Indian end-users to foreign software manufacturers not taxable as royalty: SCIn one of the cases, Engineering Analysis Centre of Excellence Pvt. Ltd, a resident Indian end-user of shrink-wrapped computer software, di...
- Income from distribution rights is not royalty: ITATAs per the details of the case a US based company had provided exclusive distribution rights to an Indian company. The Indian company could...
- ITAT says Google India should pay tax on advertisement revenue sent to parentThe Bangalore bench of ITAT, in a 331-page order, upheld the tax department's contention that such payments are royalty and therefore subje...
- Google to move HC against ITAT ruling on royalty taxThe tribunal had passed a similar order in October for different assessment years and Google had appealed in the Karnataka High Court in No...
- MNC's performance catching up with their royalty pay-outsMulti-national corporations (MNCs) based in India benefit from having a globally-recognized brand and access to technology.
- Robbing composers and lyricists of royalties: The row over money and melodyTop music labels have been accused of robbing composers and lyricists of royalties amounting to hundreds of crores.
- Budget 2013: Tax for NRIs receiving royalties/ fees from India to go upBudget 2013 saw a steep hike in the tax rate on royalties and fees for technical services that an Indian company pays to a NRI or a Foreign...
- Radio companies seek statutory licensing provision in Copyright Amendment BillIndia's radio operators are protesting a move to significantly alter an earlier version of the Copyright Amendment Bill, 2010.
- Redefining the custom of entertainment businessWhile determining customs duty liability, it is crucial to decide whether the payment to foreign vendor is a condition of supply to India.
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