Webinar: Navigating The Impact Of Increased Withholding Tax Rate On Foreign Companies In India

On 24 March 2023, Indian Parliament approved the Finance Bill with amendments. One of the critical amendments is on increase of withholding tax rate from 10% (plus applicable surcharge and cess) to 20% (plus applicable surcharge and cess) in respect of payments to non-residents on account of Royalty and Fees For Technical Services. This amendment would have a far-reaching impact on Foreign Companies doing business in India. Against this backdrop, Nexdigm is delighted to present to you a special webinar on Impact on Foreign Companies vis-a-vis Recent Change in Withholding Tax Rate. Join us for this insightful webinar that can help you navigate your business with ease. To view this webinar and read other content from the panel please visit: https://www.mondaq.com/india/tax/1324... ----------------------------------------------------------------------------------------------------------------------------------------------------------------- To view our other upcoming webinars please visit: https://tinyurl.com/yy3bra2y For advice and how we can showcase your content, reach engaged global audiences and create new relationships by building your firm and advisors’ brands please contact: [email protected] ----------------------------------------------------------------------------------------------------------------------------------------------------------------- 0:00 - Introduction 3:55 - Contents 4:02 - History Of Royalty / FTS Rates Under 115A 7:04 - Withholding Taxes For Non-Residents 8:56 - Tax Rates Of Various Countries Under DTAA 9:36 - Tax Treaty Benefits 17:41 - Electronic Filing Of Form 10F 21:40 - Other Critical Updates 33:09 - Return Filing And TP Compliances 36:33 - Case Studies 49:10 - The Way Forward 51:36 - Q&A And Outro