Thursday, March 25, 2021

Government may tweak tax law on software purchases from foreign firms

The government may be exploring options to tweak the domestic tax law to overcome a recent Supreme Court judgement that said payments made by local users for the purchase of software from foreign companies or distributors cannot be taxed as royalty.

from Tech-Economic Times https://ift.tt/3tWSmZN
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...