Review of Policy on Foreign Technology Collaborations

Last updated: 05 November 2009

Review of Policy on Foreign Technology Collaborations The Union Cabinet today approved a proposal of the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry to permit all payments for royalty, lumpsum fee for transfer of technology, payments for use of trademark/brand name on the automatic route without any restrictions, and subject to FEMA (Current Account Transaction) Rules, 2000. To get the information about the nature/details of technology and the amount paid for it
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