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.
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