OrbitaxThe tax treaty on income of 3 November 2003, entered into force on 4 March 2005, and will be effective as from 1 January 2006 in Hungary and 1 April 2006 in India. It will replace the tax treaty of 30 October 1986.
|Treaty Development|India-Hungary
The maximum withholding tax rates are:
| - | 10% on dividends; | |
| - | 10% on interest; and | |
| - | 10% on royalties and fees for technical services. |
The definition of royalties includes payments…
Continue Reading
