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The 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.

01 May 2005|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 for transmission by satellite, cable, optic fibre or similar technology, or for the use of, or the …

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