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	<title>TaxGuru &#187; collaboration agreements</title>
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		<title>Restrictions on outbound remittance of royalties and lumpsum fee for transfer of technology to be relaxed</title>
		<link>http://taxguru.in/fema/restrictions-on-outbound-remittance-of-royalties-and-lumpsum-fee-for-transfer-of-technology-to-be-relaxed.html</link>
		<comments>http://taxguru.in/fema/restrictions-on-outbound-remittance-of-royalties-and-lumpsum-fee-for-transfer-of-technology-to-be-relaxed.html#comments</comments>
		<pubDate>Sun, 08 Nov 2009 02:45:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[collaboration agreements]]></category>
		<category><![CDATA[collaborator]]></category>
		<category><![CDATA[cutting edge technology]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign technology]]></category>
		<category><![CDATA[government of india]]></category>
		<category><![CDATA[indian residents]]></category>
		<category><![CDATA[investment india]]></category>
		<category><![CDATA[investment policy]]></category>
		<category><![CDATA[regulatory approvals]]></category>
		<category><![CDATA[regulatory norms]]></category>
		<category><![CDATA[remittance]]></category>
		<category><![CDATA[remittances]]></category>
		<category><![CDATA[royalty payment]]></category>
		<category><![CDATA[technological capability]]></category>
		<category><![CDATA[technology collaboration]]></category>

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		<description><![CDATA[Under the existing regulatory norms, remittances made by Indian residents to a foreign collaborator are permissible without any prior regulatory approvals to the extent of a lumpsum fee of USD 2 million and royalty payment of 5% on domestic sales and 8% on exports. However, payments in excess of the specified caps would require a prior approval from the Government.]]></description>
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		<title>Clauses Make Agreements Flawless</title>
		<link>http://taxguru.in/government-policy/clauses-make-agreements-flawless.html</link>
		<comments>http://taxguru.in/government-policy/clauses-make-agreements-flawless.html#comments</comments>
		<pubDate>Fri, 18 Sep 2009 01:22:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General Info]]></category>
		<category><![CDATA[Government Policy]]></category>
		<category><![CDATA[business activities]]></category>
		<category><![CDATA[business world]]></category>
		<category><![CDATA[clauses]]></category>
		<category><![CDATA[collaboration agreements]]></category>
		<category><![CDATA[commercial agreements]]></category>
		<category><![CDATA[Contract Act]]></category>
		<category><![CDATA[extreme caution]]></category>
		<category><![CDATA[indemnity clause]]></category>
		<category><![CDATA[Indian Contract Act]]></category>
		<category><![CDATA[legal traditions]]></category>
		<category><![CDATA[Monika Bhardwaj]]></category>
		<category><![CDATA[parlance]]></category>
		<category><![CDATA[technical collaboration]]></category>
		<category><![CDATA[term contract]]></category>

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		<description><![CDATA[In common parlance the terms ‘Agreement’ and ‘Contract’ are used as synonyms. But in legal jargon, these two terms are not the same. Agreement is a vital element for a contract to become valid, but it’s not a contract in itself. The enforceability of an agreement makes it a Contract. It is said that, every [...]]]></description>
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