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2018-6-19 · royalty and fees for technical services have assumed enormous importance over the period of time. Finance Act, 2012 made substantial changes in the definition of Royalty with retrospective effect. Subsequently, Finance Act, 2013 increased the rate of taxation on Royalty and FTS from 10% to 25%. The Finance Act, 2015 once

Rates of Royalty

2021-12-10 · Note: The rates of royalty for the State of West Bengal in respect of the minerals except the mineral specified against item number 11 shall remain the same as specified in the notification of the Government of India in the Ministry of Steel and Mines (Department of Mines) number G.S.R. 458(E), dated the 5th May, 1987.


2016-9-5 · 166. Issue of mining lease instead of special mining lease. 167. Agreement re issue of special mining lease. 168. Applications of other provisions of this Act relating to mining leases. PART X RIGHTS OF CLAIM HOLDERS AND LANDOWNERS 169. Precious metal reef claims; mining rights within vertical limits. 170. Pegging of secondary reef. 171.

Intellectual Property Valuation and Royalty Determination

2020-10-13 · Intellectual Property Valuation and Royalty Determination by Tim Heberden ‐ 1 ‐ Chapter 4 of ''International Licensing and Technology Transfer: Practice and the Law'', edited by Adam Liberman, Peter Chrocziel, and Russell Levine, 2011 update, published by Wolters Kluwer Law & Business.

Mining in Indonesia

2018-10-9 · "Welcome to the tenth edition of PwC Indonesia''s Mining in Indonesia: Investment and Taxation Guide. Since the Law on Mineral and Coal Mining No. 4 of 2009 (the "Mining Law") was promulgated, various implementing regulations, including a number of amendments, have been issued by the Government in pursuing the goals of the Mining Law.


2017-2-24 · The Institute of Cost Accountants of India Page 1 Coanies Cost ecods and Audit ues 2014 as aended uto 15 th u 2016 COMPANIES (COST RECORDS AND AUDIT) RULES, 2014 [as amended upto 15th July 2016] The Companies Act, 2013 empowers the Central Government to make the rules in the area of


2021-12-3 · Figure 1.4: Receipt of Royalty & License Fees Royalty Payments by India With the increased FDI, it is expected that Indian firms would be using more and more improved technology for its growing industrial production and services. The increasing use of technology is linked the increased royalty and license fees payments by the business firms.

An overview on royalties and similar taxes

2021-11-21 · The average observable royalty and similar tax rate was 0%. This is similar to 2014 as the production obtained in 2015 did not exceed 2,500 barrels per day and thus, no royalty was due. Norway The average observable royalty and similar tax rate decreased from 18.8% in 2014 to 13.9% in 2015. One of the main factors was the


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Metals & Mining Insights | McKinsey & Company

2021-7-22 · Streaming and royalties in mining: Let the music play on. April 27, 2021 – Renewed growth sentiment among miners'' management teams, combined with the rise of streaming-and-royalty financing over the past ten years, suggests …

Analysis of Average Royalty Rates in Pharma by Phase …

2020-7-12 · The seemingly high royalty percent is most likely partly attributed to the fact that the rate is paid on gross profit and not on revenue, requiring the company to pay a higher percentage as cost of goods would already be deducted from the revenue. Those deals with products in development phases I, II and III received mean royalty rates of 10%, 9.5%


2020-7-11 · 3 Metals and Mining For updated information, please visit Indiaanks r fourth globally in terms of iron ore production**. Production of iron ore in FY20 stood at 205.74 MT. India became the world''s second largest crude …

Mines and Mineral Development and Regulation (MMDR ...

2015-6-1 · the contribution of mining to India''s GDP has fallen from 3.4 per cent in 1992-93 to 2 per cent in 2012-13 and the value of mineral production has remained stagnant, while the value of imports has been increasing. This is in sharp contrast to the increasing share of mining in the GDP of countries such as China, Brazil and Australia.

Levy on Royalty Paid on Mining Lease

2020-1-27 · M/s Steel Authority of India Ltd. (AIR 1998 SC 3052), the Apex Court opined that Section 9(1) of the MMDR Act, 1957 also contemplates the levy of royalty on the mineral consumed by the holder of a mining lease in the leased area, hence processing of mineral amounts to consumption and, therefore, the entire mineral is eligible to levy of royalty.

KPMG Mining Operational Excellence Framework

2021-10-6 · 4 | KPMG Mining Operational Excellence Framework Retaining cost leadership Increase in cost of operation due to escalation in raw material cost (e.g., explosive cost, electric power, etc.). Certain costs of operations such as wages, utilities, construction and maintenance costs are quite sensitive to possible general price increases.

PowerPoint Presentation

2019-10-22 · British patent application fees, for example, were more than 11 times the per capita income of the average citizen. ... Licensing - If the objective is to obtain royalty for the use of one''s invention, the patentee may be able to negotiate a license agreement without the need for litigation. ... PowerPoint Presentation Last modified by:

Royalties and Fees for Technical Services [Article 12]

2018-8-25 · R. Kumar, B . MBA (Finance) Introduction:- Whether or not the royalty/fees for technical services is taxable in India in the hands of the non-resident, will depend on provisions of Income Tax Act, 1961 (''Act'') and the relevant Double Taxation Avoidance Agreement, if any.Further whether such royalty/ fees for technical services will also be taxed in the home …

Royalties and FTS

2019-12-13 · Royalty u/s 9(1)(vi) of the Act Royalty deemed to accrue or arise in India when • Payable by the Government • Payable by resident to non-resident, except -where the royalty is payable in respect of any right, property or information used or services utilized for the purposes of a business or profession carried on by such person (i.e., the payer) outside India

Financial Accounting

Shortworkings. Difference of minimum rent and actual royalty is known as shortworkings where payment of Royalty is payable on the basis of minimum rent due to shortage in the production or sale. For example, if calculated royalty is Rs. 900,000/- as per sale of books based on the above example, but royalty payable is Rs. 1000,000 as per minimum rent, shortworking will be Rs. …

Royalty Payments on Intellectual Property: A Preliminary ...

2018-6-29 · 1.5 India - Royalty and license fees Fig. 3 shows that the latest value for Charges for the use of intellectual property, payments (BoP, current US$) in India was $5.01 billion as of 2015. Over the past 38 years, the value for this indicator has fluctuated between $4.8 billion in 2014 and $12.5 million in 1980.

1+ Million Royalty Free Images · Pexels

1+ Million Royalty Free Images Search through thousands of royalty free images on Pexels. You can use all images for free, even for commercial use. All images are completely royalty free and licensed under the Pexels license. Use them for any …

17 feb Mineral Royalties 2011

2014-11-26 · royalty in India, the types of royalty in India and other countries, the present Indian scenario, royalty and dead rent for minor minerals as well as royalty and fixed rent for offshore area minerals. (C.S. Gundewar) Nagpur Controller General Dated: 7th January, 2011 Indian Bureau of Mines

Mining in the Philippines

2018-7-18 · The Mining Act IRR requires that a final mine rehabilitation and decommissioning plan (FMRDP) or mine closure plan be integrated in the environmental protection and enhancement programme (EPEP) to ...

Profitability and royalty rates across industries: Some ...

2021-10-7 · between reported royalty rates and various profitability measures, which suggests that the licensing market is efficient and that cost structure and profitability across industries have been factored into royalty rate negotiation. Therefore, the 25 percent rule is simply a special case of such a general linear relationship. A revisit

Basics of drilling 3

2012-3-13 · avula kumar, mining engg at singareni collieries at singareni collieries. 7 years ago ttyo. 7 years ago Siriboina Srinivasrao ... Generally, the cost of drilling and blasting decreases as hole diameter increases. The relationbetween …

Production-Sharing Agreements: An Economic Analysis

2011-5-4 · partner pays a royalty on gross production to the government. After the royalty is deducted, the FOC is entitled to a pre-specified share (e.g. 40 percent) of production for cost recovery. The remainder of the production, so called profit oil, is then shared between government and FOC at a stipulated share (e.g. 65 percent for the


2018-7-13 · Mining Plan Disposal Mining plan is prepared as per manual of IBM in line with SDF Principles. It is submitted to IBM with processing fee. IBM is required to dispose mining plan within a period of 90 days from the date of submission. For expeditious disposal, a time limit of 45 working days has been set internally.

GST implications on royalty paid to the government for …

2019-10-12 · In such a case, if the challan under which the seigniorage charges are paid to the government is in the name of the sub-contractor, then it will be deemed that it is the sub-contractor who has received services from the government and GST shall be paid under RCM by the sub-contractor on such seigniorage charges deducted by main contractor from the invoice …