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ROYALTY CURBS
AI may boost euro area productivity growth by 4% in 10 years, ECB saysArtificial intelligence could lift euro zone productivity growth by more than 4 percentage points over the next decade, although a prolonge...
Govt amends pricing norms for low-grade iron ore to check wastage, boost steel supplyThe government has revised pricing norms for low-grade iron ore, including Banded Haematite Quartzite and Jasper, to encourage its utilizat...
Malaysia says TikTok not fully compliant with local lawsShort video application TikTok has shown an unsatisfactory level of compliance with the laws of Malaysia, the country's communications mini...
Chhattisgarh: Measures to curb illegal mining not followed, says CAG report; asks government to increase monitoringA Comptroller and Auditor General (CAG) report tabled in the Chhattisgarh Assembly on Friday said prescribed measures to curb illegal minin...
India urges auto cos to cut royalties to foreign parents to boost local investment: SourcesIn India's competitive auto market, top-selling carmakers Maruti Suzuki and Hyundai Motor's local unit pay millions of dollars in royalties...
Govt considering to reintroduce restrictions on royalty paymentsGoI may re-introduce restrictions on royalty payments for tech transfer due to outflow of funds to overseas cos.
Finmin against curbs on royalty paid by listed companiesSebi wants minority shareholders' nod for payout that exceeds 2% of a company's annual turnover.
Royalty payment curbs a boost for MNC unitsRoyalty payment of Maruti in the third quarter of FY18 stood at 5.3 per cent of sales.
Finance Ministry rejects DIPP's proposal to put curbs on royalty paymentSources said the ministry has argued that it would be very difficult to assess the right quantum of royalty to be paid by domestic companie...
Onerous licensing regime killing legal digital musicOne of 4 major legal music streaming services - Dhingana - shut down, leaving Gaana.com, Saavn & Hungama as remaining digital music outlets...
Finance Ministry examining DIPP's proposal for curbs on royalty paymentsThe Finance Ministry is examining a proposal of the Department of Industrial Policy and Promotion (DIPP) to re-introduce restrictions on ro...
High royalty payments by Indian arms of MNCs alarm governmentThis has now led to a sharp increase in royalty payments – 18% of FDI inflows in 2012-13 from 13% in 2009-10 – according to data compiled b...
Anand Sharma favours curbs on royalty payment to MNCsThe government is considering to re-introduce restrictions on such payments by foreign companies to their parent entities.
Government may reimpose curbs on royalty payments to foreignersAbout $4.4 bn went out of India as royalty payments in 2012-13, nearly 20% of the $22.4 bn in FDI received by the country in the year.
- Mining companies making profit at the cost of environment: NGO
Around 25 million tonnes of iron ore was extracted above the permissible limit over the past five years in Goa.
- New royalty norms to curb iron ore export
The government is planning to put further restrictions on iron ore export by introducing a system of royalty for minerals.
- Forex curbs on tech buys abroad may go
Indian companies or individuals who wish to acquire technology or R&D assets abroad are likely to be freed from most of the restrictive for...
- Ruling on royalty payments to cut India Inc’s tax bill
Corporate India can now breathe a bit easy. Payment for any information sent to an Indian company from a foreign technology collaborator ne...
- FIIs can use lumpsum fee for equity buying
Even as the big-ticket FDI liberalisation by way of raising sectoral ceilings is stuck due to wrangling within the government, a few crucia...
- Foreign cos can get 8% tech royalty on exports
Foreign firms providing technology to Indian ventures will now be allowed to receive royalty up to 8% on exports and 6% on domestic sales, ...